By any standard financial benchmark, the $10 billion fee the Trump administration will collect from TikTok's new investors defies explanation. With TikTok's US operations valued at approximately $14 billion by Vice President JD Vance, the government's share equals roughly 70% of total deal value. Investment banking advisory fees on comparable transactions are typically around 1%. The gap between market norms and this arrangement is...
President Donald Trump's declaration that the US campaign against Iran would last "as long as it's necessary" continued to alarm global financial markets on Saturday as the conflict entered its third week with no diplomatic resolution in sight. Oil prices were approaching $120 per barrel, energy companies were reassessing operations in the Gulf, and governments worldwide were bracing for the economic consequences of a...
Elon Musk is threatening to sue Apple, accusing the company of an "unequivocal antitrust violation" in its App Store. The billionaire alleges that Apple...
Linda Yaccarino's two-year tenure as CEO of X, now concluded, reveals a period of stagnant growth and her inability to drive meaningful change, primarily...
Elon Musk's "America Party" marks a billionaire's direct bid for influence in Congress. The new political entity is designed to strategically target a few...
Elon Musk's DC dream of government efficiency ultimately ended with a bruised exit from the Trump administration, after his 138-day tenure as a "special...
Elon Musk, who recently led the "department of government efficiency" (Doge) aimed at cutting state spending, has publicly asserted that President Donald Trump's "One...
A growing number of users on X (formerly Twitter) are reporting serious issues with notifications not appearing or arriving with significant delays—sometimes up to...
