Elon Musk and his social media company, X Corp, have reportedly reached a tentative deal to settle a lawsuit from former Twitter employees seeking $500 million in severance. The dispute goes back to Elon Musk’s 2022 takeover of Twitter, now rebranded as X when roughly 6,000 employees were let go. Those former workers later argued […]
Read More
A busy night in global affairs saw Beijing sharpen its rhetoric ahead of hosting world leaders, Nvidia forced to pause a key chip rollout under Chinese scrutiny, and Elon Musk making an unlikely approach to Mark Zuckerberg in his pursuit of OpenAI. Here’s your one-stop stand to catch up on all the headlines you may […]
Read More
Ex Populus, an Ethereum gaming firm, is taking Elon Musk-founded artificial intelligence company xAI to court over trademark infringement. According to the complaint filed in the Northern District of California last week, the blockchain gaming network alleges that Musk’s xAI has caused “widespread confusion in the marketplace,” damaging Ex Populus’ Xai brand and eroding trust […]
Read More
October has generally been a bullish month for Bitcoin, but this year has been different. Bitcoin hit an all-time high of $126k earlier this month but has underperformed since then. The leading cryptocurrency dropped below $105k on Friday but is now showing signs of a strong recovery. It is now trading above $111k and could […]
Read More
Bitcoin extended its gains today, reclaiming the key support level above $110,000 as easing macroeconomic tensions brought renewed momentum to the market. The total cryptocurrency market capitalisation rose by over 2% at the time of writing, stabilising above $3.85 trillion alongside a sharp uptick in trading activity. Bitcoin’s trading volume jumped more than 55% in […]
Read More
Elon Musk’s SpaceX has made headlines again, this time not for a rocket launch, but for a major Bitcoin (BTC) transfer. The space exploration company has moved around 2,495 Bitcoin, worth roughly $268 million, to new digital addresses, marking its first significant cryptocurrency activity in three months. The transaction has caught the attention of both […]
Read More
Ripple – the company behind the XRP token – made headlines on Wednesday after securing a $40 billion valuation through a strategic funding round. The said $500 million round was backed by major institutional names, including Citadel Securities, Galaxy Digital, and Brevan Howard. Ripple has expanded aggressively this year into custody, stablecoins, and prime brokerage […]
Read More
Paramount Skydance is escalating its pursuit of Warner Bros. Discovery (WBD), urging the company’s board to accept its $23.50-per-share acquisition proposal, which it argues offers superior value to shareholders, reported CNBC, citing sources. The move comes as WBD explores a range of strategic options, including splitting into two entities or selling assets, with a formal […]
Read More
The United States witnessed a series of high-impact developments on Wednesday across its political, defense, and economic fronts — from the Supreme Court scrutinizing President Donald Trump’s tariff powers, to a renewed nuclear missile test, shifting momentum in the electric vehicle market, and a modest rise in private-sector employment. Here’s a look at the key […]
Read More
US markets and political circles witnessed a busy Tuesday as the United States extended the deadline for a TikTok divestment, Waymo expanded its robotaxi testing, courts ruled on two high-profile criminal cases, and Wall Street edged lower ahead of the Federal Reserve’s policy meeting. US extends TikTok deadline to December 16 President Donald Trump again […]
Read More