President-elect Donald Trump said on Tuesday that Elon Musk and former Republican presidential candidate Vivek Ramaswamy will lead an efficiency office.
Category: Technology
Dogecoin surges 20% after Trump announces a Department of Government Efficiency — DOGE
Dogecoin shot higher on Tuesday night after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency.
Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company’s profit forecast more than its third-quarter results.
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Tesla’s 39% surge since Donald Trump’s election victory last week has lifted Elon Musk’s net worth by about $70 billion.
European Google rivals partner on search engine infrastructure to counter Big Tech
Ecosia and Qwant are partnering to build a European search index and reduce their dependence on U.S. Big Tech firms.
Bitcoin is closing in on $90,000 for the first time ever
Bitcoin was trading just shy of $90,000 Monday night after it blasted through the $80,000 level over the weekend.
Tesla shares pop 9% as postelection rally continues
Tesla shares popped on Monday, continuing to ride a postelection rally as President-elect Donald Trump begins to set up his presidential cabinet.
IAC exploring spinoff of home improvement marketplace Angi
The company said there’s no specific timeline for when the spinoff will take place, but a transaction would likely occur by the end of IAC’s second quarter.
Fintechs Upstart and Toast soar on earnings
Wall Street applauded results from fintech companies Upstart and Toast.
ChatGPT rejected more than 250,000 image generations of presidential candidates prior to Election Day
OpenAI estimates that ChatGPT rejected more than 250,000 requests to generate images of the 2024 U.S. presidential candidates in the lead up to Election Day.