Current Twitter CEO Elon Musk recently joined a Twitter spaces event to discuss another company that he's in charge of auto manufacturer Tesla Inc. TSLA . The former richest man in the world spent nearly an hour talking to the interviewer. With so much speculation as to Musks motives in light of plunging Tesla stock
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Senate Democrats are preparing to play defense in 2024 as they look to preserve their narrow majority in the upper chamber. The party is defending more than twice as many seats as Republicans, and it’s already facing the possibility that some of its incumbents could retire, leaving open competitive seats. There are also few opportunities
US drugmakers AbbVie and Eli Lilly have become the first pharmaceutical groups to pull out of a pricing agreement with the UK government in protest at a sharp rise in the levy on branded medicines. Eli Lilly said the levy, which now amounts to more than a quarter of pharmaceutical industry revenue in the UK,
Current is an Andreessen Horowitz-backed disruptor looking to fix the way people bank. On one hand, theres currency debasement and its inflationary impacts," the firm's CTO, Trevor Marshall, says. "On the other hand, you have technology which is a deflationary force putting people out of work. In light of this, asset owners are better off
AI hype — ChatGPT has investors drooling, but can it bring home the bacon? As Microsoft eyes $10B investment, it’s unclear what products can be built on the tech. Will Knight, wired.com – Jan 15, 2023 12:01 pm UTC EnlargeGetty Images reader comments 22 with 0 posters participating Share this story Share on Facebook Share
Former FTX US President Brett Harrison has revealed that his relationship with the exchanges embattled founder Sam Bankman-Friedhad reached a point of total deterioration. Harrisonsaysthat it was not worth continuing working for the company no matter the prestige or upside, or the risk it posed to his reputation in departing early. In a statement released
The Biden administrations Consumer Product Safety Commission drew heat over the past several days after officials floated a ban on stoves fueled by natural gas. CPSC Commissioner Richard Trumka Jr. remarked during an interview with Bloomberg that gas stoves represent a hidden hazard and said any option is on the table for banning the popular
Apple Inc AAPL shares are on an icy toboggan ride headinginto the end of the year, but 2023 is packedwith a series of potential growth catalysts for the Cupertino-based company. What To Know:Wednesdayon CNBC's "Squawk Box,"Steve Kovach, a tech correspondent for CNBC who covers Apple, laid out a handful of potential catalysts for the iPhone
Global payments giantVisa IncV has released a paper outlining how the firm could work withEthereumETH/USD to enable automated payments from self-custodial crypto wallets. What Happened: The paper, originally presented as part of a company hackathon held earlier this year, explores how the Ethereum mainnet can offer users the capability of scheduling auto-payments with the support
US companies are turning to convertible bonds as fundraising in Wall Street’s main equities market is at its lowest level for three decades. December was the busiest month of last year for convertible issuance by deal count according to Refinitiv data, as activity picked up over the second half of 2022. The amount US-based companies
There are many different ideas about what it takes to succeed in trading. Developing a statistically-significant strategy, learning market structure, developing self-control, and learning to think in probabilities are all some of the qualities traders need to assimilate into their everyday lives to become professionals, but all effort would be futile without one key quality:
Safety first — An aviation expert explains how the FAAs critical NOTAM safety system works This is why planes can’t fly when NOTAM goes down. Brian Strzempkowski, The Conversation – Jan 14, 2023 11:50 am UTC Enlarge / An air traffic control tower is seen at JFK airport on January 11 in New York City.Michael
While crypto leaders, such as Bitcoin BTC/USD and Ethereum ETH/USD , have remained fairly stable over the last month, Solana SOL/USD has continued to lose value crossing the $10 mark for the first time in nearly two years. According to CoinGecko, Solana reached a low of around $9.73 by the time of writing. SOL hasnt
SURVEILLANCE AS A SERVICE — Meta sues scraping-for-hire service that sells user data to law enforcement Israeli firm says it uses AI to analyze billions of human pixels and signals. Dan Goodin – Jan 13, 2023 11:28 pm UTC EnlargeGetty Images reader comments 50 with 0 posters participating Share this story Share on Facebook Share
Last week it was reported that Douglas Elmendorf, Dean of Harvards Kennedy School, decided not to award a prestigious fellowship to Kenneth Roth, the former director of the NGO Human Rights Watch. A spokesman for the school explained that the decision was based on an evaluation of the candidates potential contributions to the school, but
Bitcoin BTC/USD was spiking up more than2% higher during Fridays 24-hour trading session, coming close to tagging the 200-day simple moving average (SMA)in tandem with the S&P 500, which was behaving similarly. Ethereum ETH/USD regained the 200-day SMA on Thursday and Dogecoin popped above the area on Monday. The 200-day SMA is an important bellwether.
“Taking Tesla private at $420” — Musk on trial for funding secured tweetexperts predict hes going to lose Musk faces tough trial as judge already ruled his tweets were false and reckless. Jon Brodkin – Jan 13, 2023 5:57 pm UTC EnlargeAurich Lawson | Youtube reader comments 276 with 0 posters participating Share this story
In just over 24 hours, over 375,000 people have seen Three Arrows Capital (3AC) founder, Kyle Davies,served a subpoena by way of Twitter. Without context, this seems like an attempt to embarrass Davies but in contacting the liquidators and reviewing the court documents they provided, it seems to have been more a matter of necessity.
Cutting the cord — I disconnected from the electric grid for 8 monthsin Manhattan What started as an experiment has turned into a habit I hope will inspire others. Joshua Spodek – Jan 13, 2023 11:45 am UTC EnlargeAurich Lawson | Getty Image reader comments 276 with 0 posters participating Share this story Share on
Bitcoin BTC/USD exchange Mt. Gox trustee Nobuaki Kobayashi announced that the deadline for creditors to choose their preferred method of repayment and register their payee information has been extended from Jan. 10 to March 10. According to the statement, the extension was granted due to the "progress made by rehabilitation creditors" in the selection and