SAN FRANCISCO – The price of bitcoin plunged to its lowest point since 2020. Coinbase, the large cryptocurrency exchange, tanked in value. A cryptocurrency that promoted itself as a stable means of exchange collapsed. And more than $300 billion was wiped out by a crash in cryptocurrency prices since Monday. The crypto world went into … Read more
Shares of Twitter Inc drop 22% to $35.20 in pre-market trade after Tesla Inc CEO Elon Musk, who had inked a deal to buy Twitter for $44 billion, said in a tweet “deal temporarily on hold pending details supporting the calculation that spam/fake accounts represent less than 5% of users”. Twitter said in a filing … Read more
San Francisco: Twitter Inc is in the final stretch of negotiations about a $43 billion sale to Elon Musk that could be one of the biggest leveraged buyouts of a listed company, people with knowledge of the matter said. The social media company is working to hammer out terms of a transaction and could reach … Read more
Elon Musk‘s assertion that his now-infamous 2018 tweet about taking Tesla private was true drew scepticism from a judge. The billionaire and his electric-car company may soon be headed to trial in a fight with shareholders who allege the Twitter post cost them billions of dollars in losses. To fend off allegations that the missive … Read more
NEW DELHI: Dogecoin got another boost from Elon Musk on Tuesday and the coin climbed over 9 per cent compared to last day, which pared losses for investors who have suffered a lot during the week. Musk, who is the founder of Tesla and SpaceX, said he would eat a Happy Meal on TV if … Read more
Elon Musk’s startup company that aims to connect people’s brains to computers is advertising for a clinical trial director, a sign the company is ready to start testing with humans. Source link
By Sonali Basak The leader of one of the largest crypto exchanges in the U.S. sees Elon Musk’s impact on the industry as a positive — even on a bad day. “Whether he’s pushing markets up or down, that’s probably good in the long term,” Binance.US Chief Executive Officer Brian said in a Bloomberg Quicktake … Read more
May 14, 2021 — When billionaire Tesla founder Elon Musk revealed he has Asperger’s syndrome on his recent Saturday Night Live hosting gig, many applauded his transparency and the ability to speak about a condition that’s often stigmatized. Others, while still appreciating the honesty, point out that Asperger’s is outdated terminology. It is no … Read more
By William Mathis and Lars Paulsson A trio of Jack Dorsey, Cathie Wood and Elon Musk are promoting the idea that Bitcoin mining can be good for the planet actually. That’s not exactly true. The basis of the idea is that mining crypto currencies uses a lot of power and can be deployed at any … Read more
SpaceX is on track to launch its first uncrewed mission to Mars in less than four years from now, the private spaceflight company’s founder and CEO Elon Musk said on Friday. “I think we have a fighting chance of making that second Mars transfer window,” Space.com quoted Elon Musk as saying during a discussion at … Read more