PayPal Holdings Inc. backed off a potential $40-billion-plus takeover of Pinterest Inc. after the payments company’s shareholders balked, saying it was “not pursuing an acquisition of Pinterest at this time”
FTX is launching stock trading capabilities for its customers through its U.S. division. The company, helmed by billionaire Sam Bankman-Fried, says its launch will start in private beta mode for a select group of customers. The full rollout will begin in late 2022, FTX says.
Canada has banned Huawei and ZTE from its telco networks. The move follows the steps of its Five Eyes partners Australia and the US. The government cited the interconnectedness of 5G networks as a reason for the ban. It also cited the threat of malicious actors exploiting 5G technology.
SpaceX founder Elon Musk said in a tweet late Thursday that “wild accusations” against him are not true.
He did not explain what those accusations were.
SpaceX paid $250,000 in severance to a flight attendant to settle an allegation that the aerospace company’s founder Elon Musk engaged in sexual misconduct against her, Business Insider reported.
Musk told Insider there was “a lot more to this story” as he asked the publication for more time to respond to the article’s claims, according to the outlet.
Tesla has started to build a new Supercharger station in the Mojave Desert between Los Angeles and Las Vegas. The station will likely become the largest in the world. The automaker is growing its Supercharging network at a 35% year-over-year pace.