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Microsoft CEO Says Failed TikTok Deal 'Strangest Thing I've Worked On' : Tech News

Microsoft CEO Says Failed TikTok Deal 'Strangest Thing I've Worked On' Microsoft's near-acquisition of social media app TikTok last year was the "strangest thing I've ever worked on," Chief Executive Officer Satya Nadella said on Monday.TikTok had been ordered by then-US President Donald Trump to separate its US, version from Chinese parent ByteDance because of national security
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Business News: A flippant Elon Musk takes shots at Biden, the SEC and anti-nuclear sentiment

A flippant Elon Musk takes shots at Biden, the SEC and anti-nuclear sentiment : Rashtra News Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year.Patrick Pleul | picture alliance | picture alliance | Getty ImagesSpaceX and Tesla CEO Elon Musk criticized President Joe Biden on Tuesday, deeming
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Fidelity marks down X valuation by 71.5%

Mutual fund company Fidelity has marked down its investment in X holdings — the parent company of X (formerly Twitter) owned by Elon Musk — by 71.5% from the original valuation of shares, according to a new disclosure. Fidelity spent $19.2 million to acquire a stake in X back in October 2022. Notably, Fidelity's disclosures are one month behind the current date.
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Source: yahoo.com

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