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Tag Archives: elon musk

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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Elon Musk Is Still Holding onto Some BTC

Elon Musk has not always been the kindest person to bitcoin. He has made unfair judgements about it in the past, and when it comes down to it, it seems he’s a much bigger fan of some of its altcoin cousins, i.e., Dogecoin, than he is of the currency that started it all, and yet despite all this, there still seems to be some love in the mix. Elon Musk Hasn’t Gotten Rid of All His BTC It has come out that Tesla – the electric vehicle company owned and run by Musk – is...

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Crypto Firm Spent $600,000 to Create a Half-Elon Musk, Half-Goat Statue

The cryptocurrency company EGT (which stands for Elon GOAT Token) built an interesting monument of Elon Musk. The statue represents a creature with a goat’s body and the entrepreneur’s head stuck on it that is about to shoot into space on a rocket. The firm plans to deliver the item to Musk’s home in Austin, Texas, on November 26 and invited people to attend the claim of this “historical gift.” Musk Put on a Pedestal Twitter’s new owner and the world’s richest man – Elon Musk...

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