US watchdog says it cannot block Musk’s Twitter purchase

It is no longer news that Elon Musk has acquired Twitter. But several entities and organizations have opposed the deal, including Open Markets Institute, which claims regulators can block the deal. However, the Federal Communications Commission (FCC) Commissioner Brendan Carr has responded by stating that the agency has no powers to prevent the acquisition. According…

Twitter shareholders enter discussions with Musk over takeover offer

Elon Musk has successfully engaged some of Twitter’s shareholders in discussions over his unsolicited takeover offer, Reuters reported, citing people familiar with the matter. However, the discussions are still preliminary and may not result in a deal, sources told the newswire. According to the report, Musk has been meeting shareholders to seek support for his…

Cardano’s Charles Hoskinson offers to help build a decentralized Twitter

Cardano’s founder Charles Hoskinson has told Elon Musk that he’s willing to help him build a decentralized version of Twitter.  @elonmusk Elon if Twitter rejects your offer, then hit me up. Happy to build a decentralized one — Charles Hoskinson (@IOHK_Charles) April 14, 2022 This is coming after Musk submitted a $43 billion offer to…

Elon Musk’s $43B bid on Twitter causes DOGE, SHIB to spike

Tesla and SpaceX CEO Elon Musk has made an unsolicited offer to fully acquire social media giant Twitter for a total cash consideration of $43 billion, according to SEC filings. Musk has offered $54.20 per share — representing a 54% premium over the Jan. 28 closing price — to acquire the social media giant. Musk…

Facebook sued in Australia for fake crypto ads

A few weeks ago, Australia’s richest man, Andrew Forrest, was forced to file criminal charges against Meta for allowing crypto scam ads with his name and age. Now, the Australian Competition & Consumer Commission (ACCC) has commenced legal action against the parent company of Facebook due to its inability to curb the spread of such…

Feds increased rate won’t positively affect Bitcoin price, here is why

While many analysts predict that the hiked interest rate by the Feds would lead to a positive movement in the price performance of Bitcoin, a leading billionaire investor, however, disagrees with this notion. Bitcoin would continue to trade between $30k to $50k Michael Novogratz, the CEO of Galaxy Digital Holdings Ltd., in a recent interview,…

Memecoin Floki Inu bags promotion on Dubai’s Burj Khalifa

The team behind Floki Inu would leave no stone unturned in their bid to make sure that the meme coin and the crypto industry entirely is registered in the consciousness of the people of the world. Their latest marketing effort would see the Elon Musk’s Shiba Inu dog-inspired project being promoted on the tallest building…

Tesla makes $1 billion profit from its Bitcoin (BTC) holdings

‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals PAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE),  Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min read →