San Francisco: The blue bird logo of Twitter was replaced by an image of a shiba inu dog on Monday. This image is commonly known as the Doge meme and is often associated with the cryptocurrency Dogecoin. The CEO of Twitter, Elon Musk, has been known to promote Dogecoin on the platform.

It appears that the recent logo change on Twitter was nothing, but a prank played by the micro-blogging website. The change was initiated by Elon Musk, who shared a meme on Twitter about the altered logo and even posted screenshots of an old conversation where a user had suggested that Musk should buy Twitter and change its logo to a 'doge'. It seems like Musk's sense of humor is still going strong, even when it comes to his business ventures.

Since Monday, Twitter has been filled with a plethora of memes related to the logo alteration.

It is worth noting that the recent logo change on Twitter occurred just a few days after Elon Musk filed a petition in court seeking the dismissal of a $258 billion lawsuit filed against him by Dogecoin investors.

The investors accused Musk of promoting Dogecoin in an illegal pyramid scheme. In February 2021, Musk had tweeted in support of Dogecoin, which caused its value to increase by 44%, according to a report by Market Watch. Similarly, on Monday, the value of Dogecoin surged by 36% after Investor's Business Daily reported the news of Twitter's logo change. It seems that Musk's involvement in the world of cryptocurrency and social media continues to spark reactions and speculation.

 

On Tuesday morning, the official Twitter account of Dogecoin posted a famous photo of the dog that inspired the Doge meme, along with some interesting facts about her. The tweet revealed that the dog's name is Kabosu and she still lives with her owner, Atsuko Sato, in Sakura, Japan. Kabosu was a rescue dog and gained popularity as a meme after Atsuko shared photos of her on her blog in 2010, including the one used for the meme. Kabosu turned 17 years old on November 2 last year, which is quite an impressive feat for a dog. The tweet from Dogecoin's official account sheds light on the origins of the meme and the dog behind it, which has become a symbol of the cryptocurrency.


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Mumbai, May 15 (PTI): Benchmark BSE Sensex soared by 1,200 points while NSE Nifty closed above the 25,000 mark for the first time in seven months on Thursday following across-the-board buying triggered by expectations of potential trade deal between India and the US.

Rising for the second day, the 30-share BSE Sensex jumped 1,200.18 points or 1.48 per cent to settle at a seven-month high of 82,530.74 with 29 of constituents ending higher.

The index moved in a range in the first half but picked up momentum in the afternoon session following sharp gains in banking, auto, IT and oil & gas shares. Sensex rallied 1,387.58 points or 1.70 per cent to hit a day's high of 82,718.14 in the second half of the session.

The NSE Nifty surged 395.20 points or 1.60 per cent to settle at a seven-month high of 25,062.10. The 50-issue index had closed above 25,000 on October 15, 2024, previously.

"The market staged a robust rebound, closing with substantial gains, driven by a decline in domestic inflation and positive signals from the US regarding a potential trade agreement with India," Vinod Nair, Head of Research, Geojit Investments said.

Rate-sensitive sectors such as automobiles and real estate led the rally, supported by upbeat industry forecasts, Nair said adding that investor attention is now turning to the upcoming speech by the Federal Reserve Chair, which is anticipated to provide further clarity on the future policy trajectory, particularly in light of the recent easing in U.S. inflation data.

US President Donald Trump on Thursday claimed that India has offered to drop all tariffs on American goods.

Among Sensex shares, Tata Motors was the biggest gainer climbing by over 4 per cent. HCL Tech, Adani Ports, Eternal, Maruti, Reliance Industries and Asian Paints were among the gainers. HDFC Bank, ICICI Bank, Bharti Airtel and Infosys added to the rally.

IndusInd Bank emerged as the only laggard.

Broader markets also closed higher with the BSE smallcap gauge climbing 0.94 per cent and midcap index by 0.67 per cent.

All sectoral indices ended higher, with realty surging 1.87 per cent, auto (1.86 per cent), services (1.85 per cent), industrials (1.62 per cent), metal (1.60 per cent), consumer discretionary (1.57 per cent) and commodities (1.51 per cent).

"While benchmark indices gyrated sharply in early trades, it quickly regained the lost momentum and rallied sharply thereafter on all-around buying support despite pessimism in European and other Asian bourses," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

As many as 2,639 stocks advanced while 1,325 declined and 150 remained unchanged on the BSE.

In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled lower. Markets in Europe were trading on a mixed note.

US markets ended on a mixed note on Wednesday.

Global oil benchmark Brent crude dropped 3.65 per cent to USD 63.68 a barrel.

Foreign Institutional Investors (FIIs) bought equities worth Rs 931.80 crore on Wednesday, according to exchange data.

On Wednesday, the BSE Sensex climbed 182.34 points or 0.22 per cent to settle at 81,330.56. The Nifty rose by 88.55 points or 0.36 per cent to 24,666.90.