Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Will Elon Musk be able to cut $2 trillion from US government spending?

The Tesla CEO claimed he could slash US spending by eradicating “waste”.

Elon Musk attends Trump's first postelection meeting with House Republicans in D.C.

Tesla and SpaceX CEO Elon Musk was one of the top backers of President-elect Donald Trump's winning campaign against Vice President Kamala Harris.

Business - CNBC - 2 days ago

The Conspiracy Theory That Elon Musk Stole the Election Using Starlink Is Everywhere Now

The rapid spread of false claims about election fraud has experts worried. While not being promoted by politicians or the media, as similar claims were in 2020, the conspiracy theories are still ...

Tech - Wired - Yesterday

Elon Musk's DOGE is hiring. Here's the kind of person he's looking for.

Elon Musk's Department of Government Efficiency said it is already recruiting people to work on the new initiative to cut federal spending.

Elon Musk Met With Iran’s U.N. Ambassador, Iranian Officials Say

The tech billionaire, a top adviser to President-elect Donald J. Trump, was reported to have discussed ways to defuse tensions between Iran and the United States.

World - The New York Times - Yesterday

Will Elon Musk and Vivek Ramaswamy's new 'department' actually be able to do anything?

Democrats and good government groups are skeptical of how much Trump's outside commission run by Elon Musk and Vivek Ramaswamy will be able to do.

Politics - NBC News - 18 hours ago

What to know about Elon Musk’s role in Trump’s new administration

Tech billionaire Elon Musk has been a key ally to President-elect Trump and now he’s been tasked with running the "Department of Government Efficiency," an outside effort that is not part of the ...

Elon Musk adds Microsoft to lawsuit against ChatGPT-maker OpenAI

Mr Musk, a co-founder of the company, is accusing it and the tech giant of operating a monopoly.

Why Elon Musk Says His New Role ‘Won’t Be Business as Usual’

Musk’s moves since the election suggest the Tesla CEO will be heavily involved in the Trump administration’s ‘revolution’ as he calls it.

Business - Inc. - 7 hours ago

Elon Musk met Iran's UN ambassador in New York

It is not clear if President-elect Trump or his national security team were aware of the meeting.

Boeing reports $6 billion loss ahead of pivotal union vote

Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...

Politics - The Hill - October 23

Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss

The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.

Business - Inc. - October 23

German Defence Ministry faces shortfall of €6 billion, minister warns

World - Yahoo News - November 5

Judge Plans to Rule on Musk’s $56 Billion Tesla Payday by Year End

The contentious proceedings in Delaware’s Court of Chancery should be complete by the end of December, according to the judge’s letter to lawyers in the case.

Business - Inc. - November 1

Bad state data may misdirect nearly $1 billion in federal funds to replace lead pipes

The Environmental Protection Agency didn't ensure that states submitted accurate estimates of the number of lead pipes they had

Health - ABC News - October 23

AstraZeneca sheds £15 billion of market cap as weight-loss-pill data underwhelms investors

AstraZeneca PLC shed £15 billion in market capitalization on Tuesday, after investors were underwhelmed by early data from a trial of a weight-loss pill.

Business - MarketWatch - November 5

Elon Musk says he and Trump have 'mandate to delete' regulations. Ethics laws could limit Musk role

Choosing billionaire Elon Musk to be what President-elect Donald Trump calls “our cost cutter” for the U.S. government, is not the first time an American president has empowered a business tycoon ...

Tech - ABC News - 2 days ago

TSMC Chips Ended Up in Devices Made by China’s Huawei Despite U.S. Controls

The U.S. government has tried to keep Chinese companies from obtaining certain advanced technologies, but concerns have been growing that some products may have been routed to Huawei.

Business - The New York Times - October 29

Nvidia’s stock is up 200% this year. Why analysts say it still screams ‘buy.’

One analyst made Nvidia’s stock his new top large-cap chip pick, while another likened Nvidia’s position to Apple’s in the early days of the iPhone.

Business - MarketWatch - 4 days ago

FirstFT: HSBC overhaul to divide businesses along east-west lines

Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity push

World - Financial Times - October 22

Rachel Reeves aims to raise up to £20bn from national insurance rise

Employers’ contributions set to increase by 2 percentage points in next week’s Budget

Business - Financial Times - October 26

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