June 8, 2025
Sydney 29

Elon’s xAI swallows up social network X in a surprise move

Elon Musk said his xAI artificial intelligence startup has acquired the X platform, which he himself controls, at a valuation of $33 billion, marking a surprise twist for the social network formerly known as Twitter.“The combination values xAI at $80 billion and X at $33 billion,” the billionaire wrote Friday in a post on X. […]

Trump’s billionaire aide says his 94-year-old mother-in-law doesn’t mind Social Security cuts

Billionaire Howard Lutnick said his mother-in-law won’t scream and shout if she misses a Social Security check. Donald Trump’s commerce secretary Howard Lutnick who is a billionaire said those who complain about missing a monthly Social Security check are mostly fraudsters. He gave the example of his 94-year-old mother-in-law and said, “Let’s say Social Security […]