Category Archives: Blog

Musk antagonist George Hotz hired to fix Twitter search — he’s got 12 weeks

Hotz demonstrating his former company’s advanced driver assistance technology. | Photo by Michael Zelenko / The Verge George Hotz, the noted iPhone hacker who was reported to have once turned down a job at Tesla working on its driver-assistance technology, has embarked upon a 12-week “internship” at Twitter under Elon Musk’s leadership. Hotz said his…

World’s richest man Elon Musk’s wealth has taken a $100 billion hit in 2022, thanks to plummeting Tesla shares

Elon Musk’s net worth has slumped $100 billion so far this year, but he is still the world’s richest person. Adrees Latif/Reuters Elon Musk’s wealth has fallen $100.5 billion so far in 2022, per Bloomberg Billionaires Index.  Even so, Musk is still the world’s richest person with a fortune of $169.8 billion. Musk has Tesla’s…

Meme-stock billionaire Ryan Cohen explains why he bet on GameStop and dumped Bed Bath & Beyond in a new interview. Here are the 10 best quotes.

Ryan Cohen. Courtesy of Chewy.com Ryan Cohen reflected on his GameStop bet and explained his sudden sale of Bed Bath & Beyond stock. The GameStop chairman underlined the difficulty of modernizing the ailing video-game retailer. Chewy’s billionaire cofounder emphasized the impact of higher interest rates on investors. Ryan Cohen has explained his contrarian GameStop bet…