Investors are starting to get their most complete look yet at the financial picture of social media platform X in the chaotic three years since its buyout by Elon Musk.
Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential buyers: a claim on the social-media platform’s stake in Elon Musk’s artificial intelligence venture.
Elon Musk cited Don Lemon’s “invasive and charged interview” with the X owner as grounds for walking away from a $1.5 million partnership deal in early 2024, after the former CNN star escalated a legal feud over a canceled new show.
Germany’s most powerful labor union and Chancellor Olaf Scholz’s Social Democrats slammed US billionaire Elon Musk’s increasingly fervent support for the right-wing Alternative for Germany party less than four weeks before snap elections.
Texas Lieutenant Governor Dan Patrick wants to follow in the footsteps of Elon Musk. The state’s powerful Republican announced on Wednesday that one of the 40 bills he was prioritizing this legislative session is called “Texas DOGE – Improving Government Efficiency.
A new earnings report painted a grim picture of Boeing’s finances. Can it recover while under scrutiny from Trump and Musk?
The Department of Government Efficiency, or DOGE, is reportedly discussing the use of a public blockchain in its cost-cutting efforts.
X Users Will Be Able to Transfer Funds, Pay Each Other Visa is set to become the first financial services partner for X, formerly Twitter, the companies announced Tuesday. Users will be able to transfer money from Visa debit cards or bank accounts to "X Money" accounts hosted on the platform.
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s 2022 Twitter buyout.
The price of Move (CRYPTO: MOVE), the native token for the Movement Network, has rocketed upwards following a multi-million dollar investment from World Liberty Financial, a firm with ties to President Donald Trump and his family.
President Donald Trump’s directives to shrink the federal workforce by next week seeks to make good on his campaign pledge to root out federal workers who aren’t loyal to him and remake the government in his own image.