This wonky maneuver kept Mark Zuckerberg from fleeing a California billionaire tax
Facing a potentially giant tax bill that could threaten his voting power, Zuckerberg was days away from listing his Palo Alto home when Meta agreed to create a…
PHP Foundation admits ‘structural failure’ delayed critical security fix
Government websites and online services were disrupted after concerns about a PHP bug that could allow attackers to take control of vulnerable servers.…
Tesla’s stock falls as Elon Musk leaves investors wanting more
SpaceX merger commentary is arguably the biggest thing on the minds of Tesla investors right now — and Musk had nothing new to offer on Wednesday.…
Meta’s stock rises as investors glimpse an opportunity that could dwarf the ad business
Meta’s core advertising business delivered a strong quarter, but investors are eyeing promising new businesses around the Muse personal assistant…
American Bankers Association: OCC’s GENIUS rules ‘undermine’ US Congress
Banking advocacy organizations are pushing back against the OCC’s finalized rules on a stablecoin law, arguing against changes to provisions on yield.…
Why investors should be skeptical of a potential Tesla-SpaceX merger
Wall Street is all abuzz over a possible merger between Tesla and SpaceX. But there is a high probability that such a merger would be a bad idea.…
Oil is now flowing out of the Persian Gulf like before the Iran war. Why prices may still not come down anytime soon.
Oil flows out of the Persian Gulf in October nearly returned to levels seen before the start of the Iran war, but traders remain wary about a fragile recovery.…
7 healthcare stocks that stand out as investors pay up for the sector
Investors have pushed the healthcare sector to a record high, and some favored stocks have high projected revenue growth rates through 2028. Source:MarketWatch
Trump says data centers should generate their own electricity — but experts say only states can mandate that
The president’s statement comes as a voter backlash against the facilities intensifies ahead of the midterm elections. Source:MarketWatch
Trump didn‘t mention ‘crypto’ once in White House cybercrime roundtable
The US President detailed many schemes defrauding Americans, but referred only to “cybercurrency“ related to scams. Source:Cointelegraph
SpaceX’s massive AI targets will test the limits of reality
As Elon Musk aims to increase SpaceX’s computing capacity exponentially, he’ll face challenges related to funding, power supply and simply securing sufficient…
The Social Security Administration wants more babies signed up for ‘Trump accounts.’ But there’s still a catch.
Social Security is looking to reverse an initially slow uptake on Trump accounts Source:MarketWatch