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Tag Archives: elon musk

Elon Musk Opines that SBF Made Donations Up to $1B to Democrats

In his latest “Apology Tour” in which he appeared at the New York Times Dealbook Summit, SBF portrayed himself as a victim rather than a mastermind of all that happened at the trading platform.Since FTX Derivatives Exchange went bankrupt, there have been a lot of permutations as to whether the funds misappropriated by Sam Bankman-Fried (SBF) were used as donations to politicians. In a recent Twitter conversation, Will Manidis, CEO of ScienceIO, a healthcare data platform, said that SBF made...

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Crypto Fan Elon Musk Now Fully Controls Twitter

Crypto bull Elon Musk now officially owns Twitter. As one of the largest and most powerful social media platforms in the world, the deal cost approximately $44 billion, which is probably a drop in the bucket for the world’s richest man. Twitter and Musk… The Perfect Match? One of the first orders of business was to fire Twitter’s CFO Ned Segal and its chief executive Parag Agrawal, who took over when initial CEO Jack Dorsey announced his resignation last November. Musk is now the official...

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Elon Musk Says SBF Donations to Democrats ‘Probably’ Over $1 Billion

Elon Musk has alleged that the former CEO of bankrupt crypto exchange FTX, Sam Bankman-Fried, has donated over a billion dollars to the Democratic party to support them in the elections. In a recent discussion on Twitter, Will Manidis, the Chief Executive Office of healthcare AI platform Science, called SBF’s donations to politicians “one of the highest ROI trades of all time” because it allowed him to not go to Jail for stealing over $10 billion. Taking part in the...

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Elon Musk Suspends Ye from Twitter for Violating Rules on ‘Incitement to Violence’ with Swastika Post

Ye tweeted the swastika image inside a Star of David, which was later blocked by Twitter and got disapproval from Musk.Ye, formerly known as Kanye West, has violated another rule on Twitter, making Elon Musk suspend his account of millions of followers. According to Musk, the account was suspended because Ye broke the platform’s policy by inciting violence on his Twitter page. The popular artist posted an image of a swastika, a symbol synonymous with the Nazis, inside a star of David....

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Crypto Mining Companies Really Have It Hard

The crypto mining sector is falling apart, and miners are being hit from all angles at the time of writing. Crypto Mining Is Beginning to Crash and Burn To be fair, the prices of many mainstream digital assets – such as bitcoin, the world’s number one digital currency by market cap – have remained relatively still over the past few weeks. While things are nowhere near as solid as they were a year ago, volatility has remained relatively low in the autumn and winter months compared to where...

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EU Chief Fires Another Warning Shot at Elon Musk Over Twitter’s Content Moderation

New Twitter boss Elon Musk continues to spark controversies, from firing most of the company’s employees to dabbling with key features and restoring banned accounts. Now, the billionaire is up against regulators in the European Union (EU). Musk has, time and again, said that his mission at Twitter is to maximize free speech. He appears to be looking for new solutions to very old problems by changing almost everything that goes on behind the scenes. This has put the EU...

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Elon Musk Announces Human Trial for Neuralink New BCI Chip

Elon Musk said the Neuralink device called N1 would provide solutions to two body-impaired challenges, namely blindness, and quadriplegia.During a “show-and-tell” event organized by Neuralink, Elon Musk announced the next phase of development for the N1 brain-computer interface (BCI) chip. The world’s most famous and multi-serving executive showed the audience how a brain implant controls a monkey. For the past five years, Neuralink has been conducting such tests on animals. The...

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Tesla (TSLA) Stock Soars 7% on News Fed May Slow Rate Hikes

Tesla CEO Elon Musk was one of those who shared his sentiments on the likelihood of a recession next year.The shares of American multinational electric car manufacturer Tesla Inc (NASDAQ: TSLA) are seeing marginal growth in the Pre-Market today after the stock recorded a bumper session on Wednesday. Investors went on a buying spree pushing the share price to $194.70 atop a 7.67% growth on Wednesday as Federal Reserve (Fed) Chairman, Jerome Powell hinted at the Brookings Institute that the...

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Elon Musk Implores Fed to Cut Interest Rates or Risk Economy Tumbling into ‘Severe’ Recession

Tesla boss Elon Musk opines that the Fed’s attempts to stem inflation may inadvertently induce a full-blown recession.Elon Musk believes that the Federal Reserve must cut interest rates immediately or risk incurring a severe recession. The outspoken Tesla CEO made his opinion known in an early tweet Wednesday, which read:“Trend is concerning. Fed needs to cut interest rates immediately. They are massively amplifying the probability of a severe recession.” According to Musk, the Fed’s...

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Republicans Lean into Situation between Elon Musk and Apple Over Twitter

The governor noted that Elon Musk is opening Twitter up for free speech, and Apple wants to take that away from him.New Twitter owner Elon Musk has been attacking iPhone maker Apple (NASDAQ: AAPL) over various issues, including a recent threat from the technology company to remove the bluebird app from the App Store. Over the past week, the billionaire has been making reference to the Twitter-Apple relationship, mentioning the 30% cut of all digital sales made through the apps....

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