The Trump SPAC is doing stonk things, which is hilarious

When news broke that former U.S. President Donald Trump had conceived of a media and technology company and intended to take it public via a blank-check company, you would have been forgiven if you immediately began to wonder how quickly you could short the stock. Pick a reason: Right-leaning social networks have largely flopped; the […]

Should Mark Zuckerberg be scared of Peter Thiel?

Unless you’ve been in a cave over the last week, you’ve likely read a review or some discussion about The Contrarian, a new book about billionaire investor Peter Thiel by longtime Bloomberg Businessweek features editor and tech reporter Max Chafkin. It isn’t surprising. Thiel has become an important figure in America over the last 15 […]

Twitter taps crypto developer to lead ‘bluesky’ decentralized social network effort

Twitter’s ambitious upstart decentralized social media working group “bluesky” took an important step Monday as the social media company appointed a formal project lead who will direct how the protocol develops moving forward. Crypto developer Jay Graber was tapped by Twitter to helm the initiative, which the company hopes will eventually create a decentralized social […]

Automakers urge greater government investment to meet Biden’s EV sales target

President Joe Biden is expected to set an ambitious new target for half of all new auto sales in the U.S. to be low- or zero-emission by 2030, a plan that has received tentative support from the Big Three automakers pending what they say will require hefty government support. General Motors, Ford and Stellantis (formerly […]