Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential buyers: a claim on the social-media platform’s stake in Elon Musk’s artificial intelligence venture.
It’s that time of year: quarterly earnings for Tesla are tomorrow. Regular Elon, Inc. listeners will know that means a new bingo card is here (and you can play on the Bloomberg
Germany’s most powerful labor union and Chancellor Olaf Scholz’s Social Democrats slammed US billionaire Elon Musk’s increasingly fervent support for the right-wing Alternative for Germany party less than four weeks before snap elections.
X Users Will Be Able to Transfer Funds, Pay Each Other Visa is set to become the first financial services partner for X, formerly Twitter, the companies announced Tuesday. Users will be able to transfer money from Visa debit cards or bank accounts to "X Money" accounts hosted on the platform.
The Department of Government Efficiency, or DOGE, is reportedly discussing the use of a public blockchain in its cost-cutting efforts.
Musk’s DOGE team explores Movement Blockchain as part of its strategy to leverage blockchain for government transparency and efficiency.
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s Twitter buyout. Morgan Stanley (MS) and Bank of America (BAC) are among the banks that plan to sound out investors in the coming days to buy portions of debt initially provided to Musk in 2022 to take over the social media
The price of Move (CRYPTO: MOVE), the native token for the Movement Network, has rocketed upwards following a multi-million dollar investment from World Liberty Financial, a firm with ties to President Donald Trump and his family.
Billionaire Elon Musk is exploring blockchain at the newly established DOGE to cut government spending and enhance efficiency.
Movement was reportedly one of the teams the Department of Government Efficiency representatives held conversations with about blockchain being used for government operations.
German software company SAP SE is concerned with the growing influence of the “very far right” in Europe and doesn’t want it in power, according to its Chief Financial Officer Dominik Asam.