X-Rays From Neutron Star Merger Still Persist 1,000 Days After Collision

KEY POINTS

  • In 2017, scientists detected X-rays following the collision of two neutron stars
  • It was the first time that X-rays were observed following a gamma ray burst
  • The X-rays were stil observable even 2 1/2 years after the collision
  • Scientists offer possible explanations for the X-ray emission’s strange behavior

A team of researchers can still detect lingering X-rays from a neutron star collision that happened 1,000 days prior. The prolonged X-ray emission continues to puzzle scientists.

It was on Aug. 17, 2017, when the Laser Interferometer Gravitational-wave Observatory (LIGO) and Virgo first detected gravitational waves from the  merger of two neutron stars. Dubbed GW 170817, the event was observed by various telescopes from all over the world within hours of the first detection.

The initial burst was followed by a short-duration gamma ray-burst (GRB) and a slower kilonova. Nine days later, scientists detected an afterglow that was visible

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TikTok rival Triller exploring IPO through SPAC merger: Report

  • Video app Triller is exploring the possibility of an IPO, sources told Reuters.
  • The company is reportedly in talks to set up a public listing via a merger with a special purpose acquisition company (SPAC).
  • It is simultaneously pursuing a private funding round, and sources told Reuters it had raised $100 million at a valuation of $1.25 billion so far.
  • The sources said no deal is yet firm, and that Triller is still deciding which path to take.
  • Visit Business Insider’s homepage for more stories.

Short-form video app Triller, which bills itself as a rival to the wildly successful TikTok, is reportedly exploring an IPO.

Reuters reported Sunday that Triller was in talks with investment bank Farvahar Partners about a potential merger and IPO.

Sources told Reuters the merger, if successful, would be with a special purpose acquisition company (SPAC). 

SPACs are essentially shell companies that go public to raise

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Google’s merger with ITA helped it grow into the giant that the Justice Department is scrutinizing

Google critics and rivals have long warned the search engine is threatening countless industries from shopping to travel by consistently pointing people to its own products and services on the biggest search platform on the Web. And those competing against Google to win over consumers say that the search engine forces them to pay their biggest rival in advertising dollars just to show up.

Google’s dominance in search has drawn more regulatory scrutiny and criticism from rivals and lawmakers in recent months, something that is expected to culminate in the Department of Justice filing an antitrust suit against the company in the coming weeks. Lawmakers are also preparing new legislation to rein in tech’s power, following the publication last week of a congressional investigation that found Google engaged in anticompetitive tactics.

The case by the Justice Department would be its biggest swing yet to rein in the power of tech

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EV startup Faraday Future in talks to go public through SPAC merger

By Ben Klayman

DETROIT (Reuters) – Electric vehicle startup Faraday Future aims to close a deal soon to go public through a reverse merger with a special-purchase acquisition company (SPAC), its chief executive said on Monday.

“We are working on such a deal … and will be able to announce something hopefully quite soon,” Carsten Breitfeld said of the possibility of a SPAC deal.

Breitfeld declined to say who Faraday is negotiating with or when a deal would close.

A SPAC is a shell company that raises money through an initial public offering to buy an operating entity, typically within two years.

SPACs have emerged as a quick route to the stock market for companies, particularly auto technology startups, and have proven popular with investors seeking to echo Tesla Inc’s <TSLA.O> high stock valuation.

Breitfeld, who joined the Los Angeles-based company as CEO last year, also said the company would

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Romeo Power Technology, Leading Provider of Battery Technology to the Commercial EV Market, to List on NYSE Through Merger With RMG Acquisition Corp.

  • Romeo Power has entered into a definitive merger agreement with RMG Acquisition Corp. (NYSE: RMG); upon closing, the combined company will remain listed on the New York Stock Exchange under the new ticker symbol “RMO”

  • Romeo Power raises $384 million through the business combination, including a $150 million fully committed PIPE anchored by institutional investors as well as strategic investors The Heritage Group and Republic Services

  • Funding provides for capacity expansion and R&D to further develop the next generation of battery system technologies for commercial vehicles

  • BorgWarner is a strategic investor and joint venture partner of Romeo Power

  • The Heritage Group is a strategic investor, PIPE participant and recycling partner of Romeo Power

  • Republic Services is a strategic investor in the PIPE and intends to enter into a strategic alliance with Romeo Power  

  • Pro forma equity value of the combined company is approximately $1.33 billion

  • Transaction is expected to close

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Newater Technology, Inc. Entering Into A Merger Agreement

YANTAI, China, Sept. 29, 2020 /PRNewswire/ — Newater Technology, Inc. (NASDAQ: NEWA) (“NEWA“, or the “Company“), a developer, service provider and manufacturer of membrane filtration products and related hardware and engineered systems that are used in the treatment, recycling and discharge of wastewater, today announced that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement“) with Crouching Tiger Holding Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Parent“), and Green Forest Holding Limited, a company with limited liability incorporated under the laws of the British Virgin Islands and a wholly-owned subsidiary of Parent (“Merger Sub“), pursuant to which Parent will acquire the Company for US$3.65 per common share of the Company.

Subject to the terms and conditions of the Merger Agreement, at the effective time of the

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