Share to FacebookShare to TwitterShare to LinkedinTopline A Delaware judge on Thursday pushed back the date of a trial over billionaire Elon Musk’s $44 billion deal to buy Twitter, giving Musk more time to complete the purchase after he indicated this week he would drop his attempts to back out of the agreement, a loss…
Share to FacebookShare to TwitterShare to LinkedinTopline When Tesla CEO Elon Musk revived his deal to buy Twitter for $44 billion this week, he called it on Tuesday “an acceleration to creating X, the everything app”—and while the billionaire has not offered many details on his ideas for the application, previous comments suggest he wants…
Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming…
The 400 wealthiest people in America are poorer this year. Tech tycoons have taken the brunt of the beating. A year ago, America’s technology billionaires were soaring, with markets near all-time highs and VCs pumping big money into startups. What a difference a year makes. Stock prices have dropped and inflation surged, making the members…
Share to FacebookShare to TwitterShare to LinkedinTopline Oil prices continued to plummet on Monday, plunging to their lowest levels since January and continuing weeks of decline as fears of a looming global recession mount, inflation rates remain historically high and the strong performance of the U.S. dollar dampens demand. Crude oil prices hit their lowest…
Share to FacebookShare to TwitterShare to LinkedinTopline Nearly a week after Iran’s internet went dark amid widespread—and deadly—anti-government protests in the wake of 22-year-old Mahsa Amini’s death in police custody, Elon Musk’s Starlink satellite service may be able to begin providing internet access after U.S. officials lowered key technology sanctions. Elon Musk’s Starlink is set…
Share to FacebookShare to TwitterShare to LinkedinGaladriel bears no resemblance to any version of Tolkien’s elven lady. Neither does ‘The Rings Of … [+] Power’ to his body of work or ‘The Lord Of The Rings.’ Credit: Amazon If someone were to adapt J.R.R. Tolkien’s The Lord Of The Rings trilogy in the same manner…
Illustration by Philip Smith for Forbes Helium was touted as the best real-world use case of Web3 technology. But as it struggles to generate revenue, a Forbes investigation found that executives and their friends quietly hoarded the majority of wealth at the project’s inception. By Sarah Emerson, David Jeans, & Phoebe Liu Even for someone…
Share to FacebookShare to TwitterShare to LinkedinTopline A Malaysian contractor known as “Fat Leonard”, who conned the U.S. military out of tens of millions of dollars and sat at the center of a sprawling corruption scheme, has been arrested in Venezuela after fleeing house arrest earlier this month, officials announced, the latest chapter in one…
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