On Monday, Twitter announced that Elon Musk has officially acquired the social media platform for $ 54.20 per share in a transaction valued at $ 44 billion. After the transaction completes, Twitter will transition to a private company. Musk Acquires Social Media Platform Twitter — Aims to Enhance Free Speech and Unlock Twitter’s Potential Tesla’s […]
Elon Musk Hears Kyiv’s Call, Activates Starlink Service in Ukraine
Tech entrepreneur Elon Musk has announced that the Starlink satellite internet service has been enabled for Ukraine. The move comes in response to a request from the government in Kyiv which is trying to halt a Russian military assault that may disrupt communications, among other threats. Elon Musk Provides Ukrainians With Access to Starlink U.S. […]
Jack Dorsey and Elon Musk Raise Concerns Over Web3 as Skepticism About Ownership Grows
Former Twitter CEO Jack Dorsey has ignited a debate about web3 after Tesla CEO Elon Musk criticized it. Dorsey warned of the risks from centralization, emphasizing that web3 is owned by venture capitalists (VCs), hiding under the premise of decentralization. “I’m concerned to see ‘the industry’ be distracted under false pretenses when we could all […]
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme
Tesla is currently holding bitcoin worth $ 1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $ 51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin at $ 69K and ether at $ 4.2K. Tesla […]