The FinTech Hub
Source: The Verge The DOGE website created to document how Elon Musk’s team is eviscerating the US federal government is wide open for anyone to edit. This is the same DOGE organization that has gained unprecedented access to sensitive US financial systems with data on millions of Americans. While doge.gov displays a banner describing itself…
Source: The Verge Elon Musk’s X has agreed to pay President Donald Trump “about $10 million” to settle his lawsuit against Twitter, reports The Wall Street Journal. The settlement would come on top of an estimated $250 million that Musk, who now seemingly has broad authority over government agencies as the head of DOGE, put…
Source: The Verge Popcorn brand LesserEvil is the latest group caught up in the chaos of Elon Musk’s Department of Government Efficiency’s whirlwind of action over the past couple of weeks. The company recently sent a cryptic email to customers after the brand owner’s connection to a DOGE staffer became public. LesserEvil CEO Charles Coristine…
Source: Live Mint For most startups, a buyout offer nearing $100bn is something to be celebrated. But OpenAI is not like other startups—and Elon Musk is not like other acquirers. On February 11th a consortium led by the world’s richest man made an unsolicited $97bn bid for the assets of the non-profit entity that controls…
Source: The Verge The Trump administration breached a federal privacy law by letting workers from Elon Musk’s Department of Government Efficiency (DOGE) access information on millions of government workers, privacy advocates including the Electronic Frontier Foundation (EFF) allege in a new lawsuit filed on behalf of two labor unions and a group of current and…
Source: The Verge Over the last few weeks, OpenAI has done the previously unthinkable: it has consistently shipped interesting new user-facing products. First there was Tasks, a way to engage ChatGPT in helping you get things done. Then there was Operator, a way for the chatbot to actually do things for you. And finally there…
Source: The Verge In a dramatic escalation of Silicon Valley’s most heated AI rivalry, Elon Musk just announced that he’s leading a $97.4 billion bid to buy OpenAI’s nonprofit arm, according to The Wall Street Journal. The bid was reportedly delivered to the board Monday morning. The offer brings together a powerful coalition of backers,…
Source: The Verge Elon Musk’s role in carrying out President Donald Trump’s dirty work has triggered a wave of opposition that is spilling over into protests against his flagship company, Tesla. Over the last week, some people have held demonstrations while others have vandalized Tesla vehicles owned by individual buyers and showrooms — with actions…
Source: The Verge Today, I’m talking with Sen. Ron Wyden, a Democrat and the senior senator from Oregon. He’s been in the Senate for almost 30 years, which makes him one of the longest-serving members of the institution. He’s also deeply involved in tech policy — in fact, he co-authored Section 230 in 1996. That’s…
Source: The Verge Almost 250 years after the Declaration of Independence, America has gotten herself a new king. His name is Elon Musk. “Wait a minute,” you may be saying. “What about President Donald Trump?” Trump ran, much like Silvio Berlusconi before him, primarily to avoid prosecutions. He has never liked being president and he…
