TikTok could potentially vanish from the US within a few months due to a law passed by Congress in April. This law requires TikTok's owner, ByteDance, to sell the app within nine months or face removal from US app stores. The deadline is set for January 19, just before Donald Trump's term ends. There is a chance that President Joe Biden might extend this deadline by another 90 days, … [Read more...]

Elon Musk, who is slated to advise President-elect Donald Trump on government efficiency in 2025, took to social media to criticize the Pentagon's F-35 program. Musk's comments come as he prepares to provide guidance on government operations to the Trump administration. The Government Accountability Office (GAO) projects that the F-35 program could accrue costs of approximately $2 trillion … [Read more...]

Russia is poised to share advanced submarine technology with China, a move that could significantly impact U.S. dominance in undersea warfare, according to U.S. Admiral Samuel Paparo. Implications of Potential Technology Transfer Admiral Paparo anticipates that Russia will extend submarine technology to China, potentially undermining American undersea superiority. He further suggested that … [Read more...]

The Federal Trade Commission (FTC) is currently investigating Microsoft for potential anticompetitive practices, specifically in the cloud market. Lina Khan, the chair of the FTC, has announced that the agency will be looking into Microsoft's activities in this sector. Government as a Potential Target A recent report by ProPublica has suggested that the government itself may have been a … [Read more...]

Elon Musk's startup xAI is now reportedly worth more than what the billionaire paid for Twitter. xAI's valuation has doubled since the spring, as per The Wall Street Journal. Valuation Surpasses Twitter Acquisition Elon Musk's AI startup, xAI, has been valued at $50 billion, exceeding the $44 billion he paid for Twitter. The recent funding round saw xAI's valuation double from the … [Read more...]

Tesla saw a significant surge in its stock price while Uber experienced a decline of 7% on Monday in response to a report suggesting that the Trump administration might relax regulations on self-driving cars. Prioritizing a Federal Framework for Autonomous Vehicles The incoming administration is reportedly focused on establishing a federal framework for autonomous vehicles. This move could have … [Read more...]

President-elect Trump's Response President-elect Donald Trump appeared visibly tired as Elon Musk continued to recommend video games, nodding along without much enthusiasm. He seemed unsure about the titles but agreed that they all must be fantastic. Elon Musk's Persistence Elon Musk asked Trump if he preferred playing as a spellcaster or bandit, to which Trump responded wearily, trying … [Read more...]

Peter Thiel attributes the recent support for Donald Trump in Silicon Valley to Elon Musk's influence. Thiel mentioned that Musk provided a sense of security for other tech leaders to publicly endorse Trump. Additionally, Thiel noted that the industry's move towards the right was also fueled by growing frustration with "wokeness." Elon Musk's Impact on Silicon Valley's … [Read more...]

Polymarket CEO Shayne Coplan found himself at the center of attention when the FBI conducted a raid at his home on Wednesday morning. Reports indicate that the 26-year-old CEO's electronic devices were seized during the operation. Details of the Raid Confirmation of the raid came from a company spokesperson who informed Business Insider about the incident. However, neither the spokesperson … [Read more...]

Elon Musk's X has named Mahmoud Reza Banki, a former Tubi executive who received a presidential pardon from Donald Trump, as the platform's new chief financial officer. Banki, who previously served as the chief financial officer and chief strategy officer at Tubi from 2017 to July 2023, has updated his LinkedIn profile to reflect his new role. Banki's Appointment as CFO Banki is the … [Read more...]