Florida hedge fund could reap around $200 million from big arbitrage bet on Twitter
Jakub Porzycki | Nurphoto | Getty Images Among the big winners in Elon Musk’s agreement to follow through with his deal to buy Twitter is an activist hedge fund based…
Twitter shares surge 22% after Elon Musk revives deal to buy company at original price
Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, according to a regulatory filing on Tuesday. Twitter shares closed up more than 22%…
Apple supplier Foxconn says it is ‘cautiously positive’ on Q4, adding to debate over iPhone 14 demand
Analysts have been debating the demand for Apple’s iPhone 14 models amid a backdrop of rampant inflation, rising interest rates and fears of a global recession. Getty Images Foxconn, a…
How to get the most out of Apple’s new AirPods
AirPods Pro (2nd generation). Sofia Pitt Apple‘s new AirPods Pro (2nd generation) launched on Sept. 23 and cost $249. They have a ton of new features that make them a must-buy…
Tesla shares dip after third-quarter production and deliveries report
SpaceX Chief Engineer Elon Musk gestures during a joint news conference with T-Mobile CEO Mike Sievert (not pictured) at the SpaceX Starbase, in Brownsville, Texas, August 25, 2022. Adrees Latif…
Here are the people who texted Elon Musk to offer advice or money for the Twitter deal
Elon texted his brother Kimbal Musk, an entrepreneur and Tesla board member, on Apr. 9: I have an idea for a blockchain social media system that does both payments and…
Intel’s self-driving car division Mobileye files for IPO
Mobileye, an Intel-owned company that makes chips, maps, and software for self-driving cars, has filed for an IPO, according to a prospectus filed with the SEC on Friday. Mobileye’s filling…
Pro-Russian groups are raising funds in crypto to prop up military operations and evade U.S. sanctions
Russian paramilitary groups are raising funds in cryptocurrency using messaging app Telegram, according to research published by TRM Labs. Matt Cardy | Getty Images News | Getty Images Pro-Russian groups…
Elon Musk shows off humanoid robot prototype at Tesla AI Day
Tesla demonstrates an early prototype of the Optimus humanoid robot at its AI Day 2022 on Sept. 30 Screenshot Tesla CEO Elon Musk and other leaders from the automaker’s AI…
Facebook scrambles to escape stock’s death spiral as users flee, sales drop
Facebook founder and CEO Mark Zuckerberg arrives to testify following a break during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook on Capitol…
