Brazil to impose $1mn a day fine on Musk’s X if service is not cut off
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CNBC - Business
Elon Musk's X and Starlink face nearly $1 million in daily fines for alleged ban evasion in Brazil
X and Starlink face daily fines of $5 million reals (about $920,000) for alleged ban evasion maneuvers by X in Brazil.3 hours ago -
CNBC - Business
Tesla, Nvidia lead tech-heavy Nasdaq to one of best days of 2024 after Fed rate cut
Following the Federal Reserve's interest rate cut, tech stocks had a slightly delayed rally but jumped on Thursday, with the Nasdaq climbing 2.5%.3 hours ago - Federal Reserve -
The Wall Street Journal - World
Brazil Fines Musk for Skirting X Ban
Brazil’s Supreme Court ordered Elon Musk’s X to pay a fine of almost $1 million a day until he stops users from accessing the banned platform in the country.3 hours ago - Brazil -
CBS News - Top stories
It's the last day of the Barbie x Stanley drop. This is today's new Stanley cup
Barbie fans won't want to miss the limited-edition Barbie Stanley cups that dropped every day this week.5 hours ago - NHL -
NBC News - Top stories
Elon Musk's X and Starlink face nearly $1 million in daily fines for alleged ban evasion in Brazil
Elon Musk’s X faces steep daily fines in Brazil for allegedly evading a ban on the service there, according to a statement from the country’s supreme court on Thursday.6 hours ago -
Inc. - Business
Musk Backs Trump, but Workers at Tesla, SpaceX and X Donate to Harris
The increasingly right-wing billionaire's employees are donating to Kamala Harris' campaign at twice the rate they're donating to Donald Trump, says a money and politics monitoring group.7 hours ago -
Inc. - Business
Update Lets Many X Users in Brazil Return to Social Network
The Elon Musk-owned company says a switch of network service providers for all of Latin America created "an inadvertent and temporary service restoration" after a powerful Brazilian judge blockedX ...7 hours ago - Brazil -
The New York Times - Business
Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve would cut interest rates by half a percentage point. Thursday’s gain put the index in range of a ...8 hours ago -
BBC News - Top stories
Brazil fines Musk's X for site's return after ban
The social media platform formerly known as Twitter was banned in the country in August.8 hours ago - Brazil -
The Guardian - World
Brazil top judge accuses X of ‘willful’ circumvention of court-ordered block
Justice Alexandre de Moraes imposes $900,000 daily fine on banned social media platform in dispute with Elon Musk. In the latest round of the dispute between Elon Musk and Brazil’s top court, a ...9 hours ago - Brazil -
Financial Times - World
Brazil to impose $1mn-a-day fine on Musk’s X if service is not cut off
Platform says temporary restoration was ‘inadvertent’ but will keep fighting court order that banned it in the country9 hours ago - Brazil -
CBS News - Top stories
Stocks surge a day after Federal Reserve's first rate cut since 2020
Investors buoyed by Fed's outsized rate cut and data showing the U.S. economy remains on solid ground.9 hours ago -
The Guardian - World
Russia-Ukraine war live: US imposes new sanctions on Russia and North Korea
Concerns over deepening military cooperation between Russia and North Korea over war in Ukraine. European Commission president Ursula von der Leyen will travel to Kyiv on Friday and meet ...9 hours ago - Russia -
The New York Times - Sports
Tennessee Imposed a ‘Talent Fee’ on Fans. It Shouldn’t Surprise Anyone.
Businesses charge what customers will pay, and success in college football matters to fans, a columnist for The Athletic writes.10 hours ago -
Financial Times - Business
Musk, Thiel and the shadow of apartheid South Africa
The parallels between South Africa then and the US today are striking14 hours ago -
ABC News - Tech
Musk's X skirts Brazil ban and returns to some users with change to server access
Some Brazilian users have regained access to X despite a nationwide ban put in place by the country’s Supreme Court22 hours ago - Brazil -
The New York Times - Business
Elon Musk’s X Finds Way Around Brazil Ban and Goes Live Again for Many Users
Elon Musk’s social network used a technical maneuver to restore service for many Brazilians after a court blocked it. Regulators expected to restore the block soon.22 hours ago - Brazil -
CNBC - Business
Elon Musk's X 'declined to send an appropriate witness' to Senate hearing on election threats, Warner's office says
A representative for Mark Warner, chair of the Senate Intelligence Committee, said X "declined to send an appropriate witness" to an election security hearing.Yesterday -
The Guardian - World
Elon Musk’s X circumvents court-ordered block in Brazil
Social media platform routes internet traffic outside of Brazil using a communications network update. Social media platform X, formerly known as Twitter, became accessible to many users in Brazil ...Yesterday - Brazil -
BBC News - Top stories
US interest rates cut by 0.5% in first drop in four years
The Federal Reserve has cut its key lending rate by 0.5 percentage points - a larger cut than expected.Yesterday -
NBC News - Top stories
Fed goes big with interest rate cut in a bid to head off an economic slowdown
The Federal Reserve said Wednesday it was lowering its interest rate by half a percentage point, an unusually aggressive move designed to cushion the economy from a further slowdown.Yesterday - Federal Reserve -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.Yesterday -
BBC News - Top stories
Musk's satellites 'blocking' view of the universe
Radio waves from the satellites are "blinding" radio telescopes and hurting research, say scientists.Yesterday -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positiveYesterday -
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The Wall Street Journal - Business
Musk Vows Legal Action After FAA Urges Fines Against SpaceX
The rocket company’s CEO accuses the Federal Aviation Administration of “regulatory overreach” after the agency alleges the company violated launch regulations.2 days ago - Elon Musk -
MarketWatch - Business
‘My mom still has his original will’: A few months before he died, my father went online and made a secret will, cutting off my mother. Can he do this?
“His new will leaves his estate to my two nieces, nephew, my sister and me.”2 days ago -
BBC News - Top stories
Elon Musk deletes X post about Harris and Biden
The tech tycoon has deleted the post about assassination attempts on the president and vice-president, saying it was a joke.2 days ago - Joe Biden -
Yahoo Sports - Sports
Irene Aldana's UFC 306 cut barely noticeable two days later (OK, that's a lie)
Irene Aldana's UFC 306 cut looks like a scratch two days later ... if the scratch was from an excavator on a construction site. In other words, holy hell – it's gnarly. Norma Dumont (12-2 MMA, 8-2 ...3 days ago - UFC