News Beat Blogger

  The head of Qatar’s biggest banks, Sheikh Jassim bin Hamad Al Thani, said his foundation would try to buy Manchester United. The company Ineos, which Sir Jim Ratcliffe owns, also made an official bid before the “soft deadline” of Friday at 22:00 GMT, BBC Sport says. Ratcliffe, a billionaire, had already said he wanted to buy Manchester United. The Glazer family bought United in 2005 and are now “exploring strategic alternatives,” which means they are thinking about selling. The Qatari group led by Sheikh Jassim said, “The bid plans to bring the club back to its former glory.” Sheikh Jassim’s Nine Two Foundation will pay off the bid’s debts. In addition, the foundation will invest in the football teams, the training center, the stadium and other infrastructure, the fan experience, and the community the club helps. “The vision of the bid is for Manchester United to be known for being the best football club in the world,” the bid says... Read More Source:  California Observer

Tesla workers in New York are attempting to start a union, which would be a first for the electric car company run by Elon Musk. They wrote a letter to the company explaining the plans and asking leaders to agree on ground rules for a “fair” union election. Mr. Musk has opposed organizing efforts at his company, but he has not said anything about this. Organizers say about 2,000 people work at the plant in Buffalo. Workers United, the union that helped start the recent surge in unionization at Starbucks, is behind the campaign. In a press release, the Buffalo workers said, “We are organizing a union with Workers United in Upstate New York that looks as innovative as Tesla,  the company we work for, and to build a  collaborative environment that will strengthen the company.” Campaigners say that the organizing committee comprises some of the roughly 800 analysts in Buffalo who work on Tesla’s autopilot systems. They hope to work with other people at the facility, such as people who work

  Disney CEO Bob Iger has stated that there would be sequels to Toy Story, Frozen, and Zootopia. He also explained how the corporation intends to revitalize its streaming business. Mr. Iger stated that Disney’s animation studio is working on sequels. The firm also revealed its first dip in subscriber numbers since the launch of its Disney+ streaming service in 2019. And, as part of a major restructuring within the entertainment conglomerate, Mr. Iger announced the elimination of 7,000 positions. Mr. Iger addressed how he wanted to profit from some of the company’s most successful franchises during an investor call. He promised to share more about the production shortly, but he also said it was an excellent illustration of how Disney is focusing more on its unrivaled brands and franchises. The most recent films are the third installment in the Frozen trilogy and the second in the Zootopia series. There have already been four Toy Story films, as well as the spin-off Lightyear, which was

Since Elon Musk stormed into Twitter headquarters in San Francisco three months ago, the company has hardly been out of the news. We’ve talked about what he thinks about the social network and some of his more controversial business moves, like letting go of half the staff. But we haven’t talked as much about how the 237 million people who use the platform every month have changed since he took over. Stopping alternative ways to use Twitter The most recent change is that Twitter stopped letting other platforms use its API to talk to it. If you use a social media manager to check your Twitter account instead of the Twitter app or website, you might find that Twitter doesn’t work with it right now. It needs to be clarified if the move was done on purpose, but many experts think it was… Read More Source:  California Observer

  According to new information, the prices of plane tickets and bus rides went up at a record rate in December. In the year leading up to December, official numbers show that plane tickets went up 44.1%. Since the late 1980s, this is the biggest jump. In December, people could go to many long-distance places without Covid restrictions for the first time since 2019. Analysts said that the main reason plane ticket prices went up was because jet fuel prices went up. Since rail strikes made bus tickets more expensive, there may have been more demand. Compared to December of the previous year, the price of a bus ticket went up by 17.5% in December. People had trouble getting where they needed to go in December because of rail strikes, so many took the road over the holidays. In December, the overall rate of inflation was 10.5%. This was because both plane and bus tickets cost more. Last month, inflation was lower than in November and October, but price increases are still at their highest l