Author: elonmusk
Elon Musk’s brain-chip startup Neuralink said on Tuesday its experimental implant aimed at restoring vision received the US Food and Drug Administration’s “breakthrough device” designation.The FDA’s breakthrough tag is given to certain medical devices that provide treatment or diagnosis of life-threatening conditions. It is aimed at speeding up development and review of devices currently under development.The experimental device, known as Blindsight, “will enable even those who have lost both eyes and their optic nerve to see,” Musk said in a post on X.Neuralink did not immediately respond to a request seeking details about when it expects the Blindsight device to…
The Boring Company is arguably Elon Musk’s most underrated company today, but this does not mean that the tunneling startup is not actively pursuing its projects. This could be seen in the Boring Company’s Texas tunnels, which seem to be getting more refined by the day. In a recent post on its official social media account on X, The Boring Company shared some photos from an event with the Austin Fire Department, which conducted safety drills at its tunnel in Bastrop, Texas. As per the tunneling startup, its goal is always to maximize Loop system safety and reliability. “Thanks to…
Este artículo también está disponible en español. The US Bureau of Labour Statistics released the January 2025 employment data earlier today, briefly pushing Bitcoin (BTC) to $100,000 before it lost all its gains and tumbled back to the $98,000 price level. Bitcoin Rises And Falls Amid Mixed Employment Data Bitcoin spiked from approximately $97,200 to a high of $100,110 after the US reported lower-than-expected job growth for January. According to the data, the US added 143,000 jobs last month, falling short of the projected 170,000. For comparison, December 2024 saw a job increase of 256,000. Related Reading However, Bitcoin’s rally…
During an interview at a global conference this week, Elon Musk talked about a wide range of themes, from space travel and artificial intelligence (AI), to birth rates, and more. The Milken Institute think tank is holding its annual global conference in Santa Monica, California, this week, and Musk was interviewed by the group’s Chairman, Michael Milken, on Monday. During the interview, Milken presented several of Musk’s past quotes as prompts, to which Musk could respond and sometimes expand on things he has discussed in the past. Like many of his interviews, the topics were somewhat wide-ranging, though they included…
New study questions the potential for liquid brines on Mars by Clarence Oxford Los Angeles CA (SPX) Dec 17, 2024 More than a century after astronomer Percival Lowell speculated about water canals on Mars, researchers continue to grapple with the question of liquid water on the red planet. Liquid water is essential for habitability, but Mars’ low temperatures, minimal atmospheric pressure, and limited water vapor make its presence unlikely under current conditions. Dark surface features called recurring slope lineae (RSL), polygonal formations in Martian permafrost, and the possibility of liquid brines have all fueled discussions about liquid…
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Andrew and Peggy Cherng made their billions from food court stalwart Panda Express, which they founded in 1983. The Cherngs have since broadened beyond the chain’s iconic orange chicken, investing in the likes of Just Salad, Whataburger and Bojangles. It’s natural for entrepreneurs to gravitate to the industries that made them rich, but the Cherngs have diversified their fortune. In 2016, they hired two leveraged finance…
SpaceX has released a video commemorating the amazing successes of its 2018 Hyperloop Pod Competition at the same time as it’s opened up registration for next year’s follow-up competition, paving (pipelaying?) the way for another throwdown that will seek to once again crown victorious the student team with the fastest pod. With any luck to next year’s competitors, one or several of those 2019 entrants may once more smash the 2018 world speed record, faster than any production car in history at a whiplash-triggering 467 km/h (290 mph). With that 290 mph top speed confirmed after WARR’s third 2018 pod…
A federal judge early Saturday blocked Elon Musk’s Department of Government Efficiency from accessing Treasury Department records that contain sensitive personal data such as Social Security and bank account numbers for millions of Americans.U.S. District Judge Paul A. Engelmayer issued the preliminary injunction after 19 Democratic attorneys general sued President Donald Trump. The case, filed in federal court in New York City, alleges the Trump administration allowed Musk’s team access to the Treasury Department’s central payment system in violation of federal law.The payment system handles tax refunds, Social Security benefits, veterans’ benefits and much more, sending out trillions of dollars…
Big Tech’s historic gains could be affecting your portfolio’s makeup — especially if your goal is diversification.Astoria Portfolio Advisors CEO John Davi warns the S&P 500 index tilts too far in favor of the so-called Magnificent Seven stocks: Apple, Microsoft, Nvidia, Amazon, Meta Platforms, Alphabet and Tesla.”Those Mag Seven stocks are very expensive right now,” Davi said told CNBC’s “ETF Edge” this week. “You should rotate your portfolio, and rotate into other things beside ‘Mag Seven’ stocks.”Davi thinks he has a product to help long-term investors. His firm is behind the Astoria US Equity Weight Quality Kings ETF (ROE). According…
President Donald Trump on Friday signed an executive order cutting all foreign aid to South Africa, citing concerns about the country “seizing” ethnic minority Afrikaners’ agricultural property without compensation.Trump alleged South Africa’s recently enacted Expropriation Act 13 of 2024 “dismantles equal opportunity in employment, education, and business.”The order notes “hateful rhetoric” and government actions have been “fueling disproportionate violence against racially disfavored landowners.” South Africa President Cyril Ramaphosa, left, and U.S. President Donald Trump. Trump has criticized South Africa’s new land laws. (Evan Vucci/AP/RAJESH JANTILAL/AFP via Getty Images)SOUTH AFRICAN PRESIDENT SIGNS CONTROVERSIAL LAND SEIZURE BILL, ERODING PRIVATE PROPERTY RIGHTS South African…