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Tech News
Elon Musk’s net worth plummets by $12.6 billion after wild week
Elon Musk’s coffers became a smidge lighter on Thursday after his net worth plummeted by $12.6 billion, according to Bloomberg’s…
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Angry Birds company Rovio may sell to Sega for $1 billion
Sega is reportedly close to buying Rovio Entertainment — the company that owns the Angry Birds mobile game franchise —…
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Tech News
Elon Musk’s stock grants reportedly value Twitter at $20 billion
Elon Musk has put a $20 billion value on Twitter, making up less than half of the $44 billion Musk…
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SEC comes out against Binance.US’s $1 billion deal to buy a bankrupt crypto firm’s assets
The SEC isn’t too keen on this idea, however. It claims the transactions necessary to redistribute the assets belonging to…
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Ford’s reportedly working on a $3.5 billion battery plant in Michigan
Ford’s gearing up to announce a $3.5 billion battery plant in Marshall, Michigan, according to a report from Automotive News.…
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Tesla’s new $3.6 billion Nevada investment includes a ‘high-volume’ Semi factory
Tesla is investing more than $3.6 billion into its Reno, Nevada Gigafactory, and with part of the cash, it plans…
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Elon Musk sells another $3.9 billion in Tesla shares
Twitter has been struggling. Some major advertisers have paused spending on Twitter because of the change in control. A top…
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Amazon will invest €1 billion to electrify its delivery fleet in Europe
Amazon will spend €1 billion over five years to electrify its delivery fleet in Europe, the retail giant announced. The…
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Micron’s investing $100 billion to bring the country’s ‘largest semiconductor fabrication facility’ to New York
Semiconductor company Micron is pledging $100 billion to build a chip factory near Syracuse, New York, the company announced in…
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Adobe’s Figma acquisition is a $20 billion bet to control the entire creative market
Over the past several years, Figma has built its name as a forward-thinking and collaborative design platform and a formidable…
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Elon Musk sells nearly $7 billion in Tesla shares with Twitter trial looming
With so much of the world’s richest man’s wealth tied up in shares of his electric car company, Tesla is…
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Tech News
What 21 billion Facebook friendships say about the economic ladder in the US
Meta publicly released information on 21 billion Facebook friendships as part of a research project looking at economic inequality in…
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