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Elon Musk drops out of $200bn club again as Tesla tumbles

25 May 2022 /  Scott Carpenter, Bloomberg
While Musk’s wealth is the lowest it’s been since August 26, the Tesla co-founder is still easily the richest of the handful of people worth at least $100 billion.

Big tech stocks’ latest dive snuffs out hopes they’ve hit a bottom

25 May 2022 /  Jeran Wittenstein, Bloomberg
The turmoil is giving investors flashbacks to some of the worst days of the pandemic, with Alphabet at a 52-week low after suffering its worst drop since October 2020.

Elon Musk is planning a 24-hour Tesla restaurant for Hollywood

25 May 2022 /  Kate Krader, Bloomberg
'Gonna put an old school drive-in, roller skates & rock restaurant at one of the new Tesla Supercharger locations in LA.'

Your employees want you to post on social media

22 May 2022 /  Jo Constantz, Bloomberg
CEOs who think having a Twitter account is optional may want to think again.

Zombie unicorns: Indian startups go from feast to famine

22 May 2022 /  M Sriram, Reuters
Plummeting Indian tech stocks are a worry.

Apple shows AR/VR headset to board

22 May 2022 /  Mark Gurman, Bloomberg
In sign of progress on key project pegged as its next big bet.

Elon Musk’s Twitter deal is proceeding, not ‘on hold,’ executives tell staff

20 May 2022 /  Kurt Wagner and Maxwell Adler, Bloomberg
Twitter stock jumped about 2% on the news of the meeting, which was first reported by Bloomberg. Earlier the shares had declined by as much as 1.7%.

Musk’s Twitter deal is proceeding, not ‘on hold,’ execs tell staff

19 May 2022 /  Kurt Wagner and Maxwell Adler, Bloomberg
Twitter’s top lawyer says there is 'no such thing as a deal being on hold'.

Musk loses $12bn in a day as he tweets politics, slams ESG

19 May 2022 /  Brian Chappatta, Bloomberg
Musk has grown increasingly vocal since launching his $44 billion offer for Twitter. Wednesday was no exception.

Naspers and Prosus push JSE lower, again

19 May 2022 /  Adriaan Kruger
Investors see Tencent's results as 'disappointing' amid uncertainty of Chinese government actions.

Tencent disappoints after lockdowns, crackdown wipe out growth

18 May 2022 /  Zheping Huang, Bloomberg
Naspers, Prosus shares take a knock.

Elon Musk has a bigger problem than Twitter bots: a huge debt burden

18 May 2022 /  Paula Seligson, Bloomberg
Debt is only one of three components of Musk’s financing.

Mastercard begins facial-recognition rollout with retailers

17 May 2022 /  Nate Lanxon, Bloomberg
Pilot programme began this week in Brazil.

Why Twitter has ignored Elon Musk’s ‘trolling’

17 May 2022 /  Greg Roumeliotis and Krystal Hu, Reuters
Some Twitter execs and advisers concerned Musk may be laying the groundwork for renegotiating the agreement.

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