Inside Musk’s SpaceX-xAI Megamerger
Elon Musk rammed through the combination of his space company, SpaceX, with his AI startup, xAI, on Monday, merging the shiniest jewel in his business empire with his most money-losing firm. The deal�...
Waymo raises $16 billion to take its robotaxi business ‘global’
Waymo announced a $16 billion investment round aimed at bringing its robotaxi business to more US cities, as well as some overseas markets. The funding round was led by Dragoneer Investment Gro...
Ripple OK’d for a EU Electronic Money License
Ripple, a provider of blockchain-based enterprise solutions for the finance sector, received Monday (Feb. 2) full approval for an Electronic Money Institution (EMI) license from Luxembourg’s financi...
NymCard and Visa Launch Stablecoin Settlement in GCC Region
Payments infrastructure company NymCard can now settle card transactions with Visa using USDC stablecoins in the Gulf Cooperation Council (GCC) region.
The capability results from NymCard t...
Major Bitcoin Miners Face Shutdown Risk If BTC Falls Below $70,000
Bitcoin’s latest sell-off is deeper than just another technical correction. It is approaching a level that directly affects the economics of mining — and that changes the risk profile of the marke...