How Taylor Swift avoided a $100 million FTX nightmare
“Taylor is Smart,” the world’s second-wealthiest man Elon Musk said about the singer’s due diligence.
Derek Saul, Forbes Staff
Twitter Inc. ‘no longer exists’ As Elon Musk inches closer to ‘X’
Musk wants to transform Twitter/X into the “biggest financial institution in the world,”a bold ambition for the company now purportedly valued at $20 billion.
Why billionaire LeBron James won’t shell out $8 a month for a blue tick on Twitter
The four-time NBA MVP will no longer have a blue check on Elon Musk’s Twitter after the company axes its legacy verification program Saturday.
Sam Bankman-Fried accused of paying US$40 million bribe to Chinese official
It’s yet another jarring allegation for the former crypto mogul.
Banning TikTok would boost Alphabet, Meta and Snap—Here’s how much their stocks could jump
The three American companies tacked on $47 billion in market capitalization Thursday as Congress upped the pressure on security concerns posed by TikTok.
Only the ‘first domino to drop’: Grim warning in wake of SVB collapse
US bank stocks shed tens of billions of dollars in market value as their nightmarish week continues.
Facebook parent Meta axes another 10,000 jobs
Shares of the Facebook parent rose 4% following the announcement and are up 50% year-to-date.
Bank stock losses top $185bn in SVB collapse aftermath
Regional banking stocks such as Western Alliance and First Republic tumbled Monday following the failures of Silicon Valley Bank and Signature Bank.
Elon Musk’s bid to test brain chip implants in humans suffers major blow, reports
Elon Musk has said Neuralink’s brain implants are safe enough for him to receive personally, but the FDA has yet to greenlight human trials for his lofty startup.
‘Largest in history’: Michael Jordan’s incredible US$10 million gesture
Jordan has now donated more than $15 million to Make-A-Wish, also committing $50 million to racial equality causes in the wake of George Floyd’s murder.