Elon Musk says he doesn’t plan to donate to GOP super PACs in upcoming elections

Elon Musk says he doesn’t plan to donate to GOP super PACs in upcoming elections

Billionaire entrepreneur Elon Musk says he has no current plans to fund a Republican super PAC in the upcoming US elections, including any that opposes President Joe Biden in the 2024 presidential race. The Tesla and SpaceX CEO, who is listed by Forbes as the wealthiest person in the world, told CNBC in an email … Read more

Crypto industry wields its influence in Washington after pouring over $ 30 million into campaigns

Crypto industry wields its influence in Washington after pouring over $ 30 million into campaigns

Jtsorrell | Istock | Getty Images US Rep. Ritchie Torres, DN.Y., called on New Yorkers to support the cryptocurrency market in a March op-ed in the New York Daily News titled, “A liberal case for cryptocurrency.” “With a multi-billion dollar market capitalization, crypto is here to stay. It’s not going anywhere. New York City should … Read more

5 things to know before the stock market opens Monday, May 16

5 things to know before the stock market opens Monday, May 16

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to open slightly lower after 7 straight weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 13, 2022. Brendan Mcdermid | Reuters US … Read more

Elon Musk has the wrong approach to count fakes, spam on Twitter: experts

Elon Musk has the wrong approach to count fakes, spam on Twitter: experts

Tesla CEO Elon Musk sent Twitter shares tumbling on Friday when he said he was going to put his $ 44 billion acquisition of the social network “on hold” while he researches the proportion of fake and spam accounts on the platform. Though Musk later clarified that he remains committed to the deal, he continued … Read more

5 things to know before the stock market opens Friday, May 13

5 things to know before the stock market opens Friday, May 13

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures pop after the 30-stock average’s six-session losing streak The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, … Read more

5 things to know before the stock market opens Tuesday, May 10

5 things to know before the stock market opens Tuesday, May 10

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise after S&P 500 hits lowest level in over a year Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2022. Brendan McDermid | … Read more

What is terraUSD (UST) and how does it affect bitcoin?

What is terraUSD (UST) and how does it affect bitcoin?

Pedestrians walk past a display of cryptocurrency Bitcoin on February 15, 2022 in Hong Kong, China. Anthony Kwan | Getty Images A multibillion-dollar bet that bitcoin can act as a “reserve currency” for the crypto economy is already being tested as UST, a controversial stablecoin, struggles to maintain its $ 1 peg. UST dropped close … Read more

Binance backing for Elon Musk’s Twitter bid boosts Web3 vision

Binance backing for Elon Musk’s Twitter bid boosts Web3 vision

Binance is the world’s largest crypto exchange, handling billions of dollars in trading volumes on a daily basis. STR | OnlyPhoto via Getty Images Bitcoin exchange Binance’s move to participate in Elon Musk’s $ 44 billion takeover of Twitter could boost digital currency evangelists’ hopes for the development of a more “decentralized,” crypto-friendly social media … Read more

Former Twitter engineering head on Elon Musk’s plans to revamp Twitter

Former Twitter engineering head on Elon Musk’s plans to revamp Twitter

Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images The following is a selection from Big Technology, a newsletter by Alex Kantrowitz. To get it in your inbox every week, you can sign … Read more

5 things to know before the stock market opens Friday, April 29

5 things to know before the stock market opens Friday, April 29

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Tech pressures Wall Street premarket; data shows inflation still high Traders on the floor of the NYSE, April 28, 2022. Source: NYSE 2. Amazon falls on ugly forecast and slowest growth since dot-com bust Andy Jassy, ​​CEO … Read more