Enterprise
Elon Musk has bought Twitter
Billionaire has full control of company
The tables have turned. Though the company initially balked at the billionaire’s offer, Twitter has accepted Elon Musk’s offer to purchase the entirety of Twitter.
Recently, Musk made the bold offer to buy the platform for a respectable price: US$ 54.20 per share. When the billionaire made the offer, the company and its shareholders resisted the offer. Twitter even instated a poison pill strategy, which can effectively block Musk’s buyout attempt.
It’s no surprise, though. Shareholders were cross at Musk for failing to declare his majority stake in the company, causing the stock’s value to balloon out of nowhere.
Apparently, the company’s ire was short-lived. Over the weekend, Twitter sat down with the billionaire to seriously talk about the offer. It was a sudden change of pace. The two parties discussed the deal well into Monday, promising a resolution by the end of the day.
Before the day even ended, the two have reached a deal. Musk is definitely buying Twitter. The deal still stands at US$ 54.20 per share, totaling a crazy US$ 44 billion in sales. Current shareholders receive US% 54.20 per share in cash, a good premium from its initial price before the brouhaha with Musk.
As a result of the sale, Twitter will become a privately owned company. Twitter’s board of directors have already signed off on the deal. Now, it’s awaiting the approval of the company’s shareholders. The deal is expected to close sometime this year.
For his part, Elon Musk is excited to improve the platform — citing free speech, less spam bots, and more transparency as his plans for Twitter.
SEE ALSO: Elon Musk offers to buy Twitter
Apps
foodpanda relaunches cult-favorite roast chicken brand after 8 years of persistent search queries
Heritage chain Andok’s returns to the platform, driven entirely by long-term user analytics.
In the world of e-commerce and food delivery, platform algorithms usually dictate what consumers see. But occasionally, consumer behavior is so relentless that it shapes the platform’s strategy.
In a move driven entirely by long-term user analytics, foodpanda has officially relaunched Andok’s, one of the Philippines’ most iconic heritage rotisserie chains, back onto its platform after an eight-year absence.
The search bar as a digital wishlist
The decision to ink the partnership wasn’t just a marketing play. It was a response to an ongoing data anomaly. Despite being offline from the foodpanda platform for eight years, Andok’s consistently ranked as one of the most-searched merchants on the app.
Year after year, users treated the empty search results page as an unofficial wishlist. This persistent search intent gave foodpanda a clear, data-backed signal of pent-up demand.
Prior to the official digital rollout, teaser campaigns on social media validated this demand, generating thousands of organic interactions from users anticipating the return.
Bridging heritage flavor with digital infrastructure
For foodpanda, onboarding a merchant with this level of built-in demand fits its broader strategy of marketplace optimization and hyper-local network expansion, turning a heritage brand into another data point for how legacy retail plugs into delivery infrastructure.
For Andok’s, the integration works as a fast track to digital scale. A legacy quick-service chain skips years of independent app development and reaches customers already using foodpanda’s existing logistics network, on a platform they already check daily.
Andok’s built its following on charcoal spit-roasted chicken, a slow-cooked technique that’s stayed largely unchanged since the brand’s early days, alongside seasoned grilled pork belly.
More recently, the Dokito line extended that following into crispy fried chicken and chicken burgers, broadening the brand’s appeal beyond its original rotisserie format and giving foodpanda a menu with both heritage pull and everyday fast-food convenience.
Enterprise
Global Connect Show Shenzhen empowers Chinese enterprises
Opportune time for new Chinese enterprises to go global
The Global Connect Show Shenzhen 2026 (GCS SZ 2026) was successfully held on June 1 at China’s innovation hub.
More than 100 Chinese enterprises joined the event, encouraged to expand into international markets.
The program focused on three core pillars:
- Chinese brand going global
- Global channel connection
- Dedicated “Into the Enterprise” series
China has developed a new generation of internationally competitive companies across various sectors, including:
- consumer electronics
- smart hardware
- artificial intelligence
- robotics
As these companies enter a new phase of going global, demand is growing for global communications, brand building, market trust, and localized business networks.
As such, the Global Connect Show is one of the platforms to be able to strengthen the relationship across enterprises, partners, business associations, and even media and influencers.
It is a significant window for innovative brands to enter global retail channels by building compelling brand narratives and developing strong localized operations.
This year’s GCS is the third staging of the show, which consistently aims to match Chinese brands with partners through a results-first approach. Such an approach includes hands-on product experiences, presentations, and one-on-one meetings.
Enterprise
New US-China ban might affect 75% of phones, laptops
Companies can no longer use Chinese labs to test their products.
The United States is continuing its crusade against Chinese technology today. However, the target now isn’t a company from China but a method important to a lot of non-Chinese brands.
Today, via Reuters, the Federal Communications Commission (or FCC) has unanimously voted to prohibit companies from using Chinese labs to test their electronic devices if they are to be sold for use in the United States. Naturally, this includes smartphones and computers.
Notably, the prohibition doesn’t directly target Chinese brands. However, it will still affect a huge swath of the industry. The FCC estimates that around 75 percent of the entire market are devices tested in labs based in China.
This means that companies who wish to sell future products in the country must move their testing to labs in the United States or other countries that it deems secure. At its current iteration, the prohibition will not affect devices that already earned their certification prior. However, it might prevent them from getting recertified once their current one expires.
Now, the prohibition isn’t an absolute lock just yet. The FCC will allow the industry to submit comments about the proposal. But, with a unanimous vote from the FCC, companies might have to start looking for alternative testing sites if they want to stay operation in the United States.
-
India2 weeks agoTECNO’s POVA 8 5G is both futuristic and future-ready
-
Reviews2 weeks agoHONOR Magic V6 review: The best version of a book-style foldable?
-
Gaming2 weeks agoKingdom Hearts IV gets new trailer, confirms Switch 2 release
-
Gaming2 weeks agoFinal Fantasy fans have two big reasons to look forward to 2026
-
Smartphones2 weeks agoUpcoming realme C100 series to feature 8,000mAh battery
-
News1 week agoTECNO’s SPARK 50 Pro is the latest budget smartphone battery beast
-
Buyer's Guide5 days agoBuyer’s Guide: TECNO SPARK 50 Pro vs SPARK 50 5G
-
Computers2 weeks agoRewind: WWDC 2026
