Author: MNK News
Elon Musk and X Corp. have settled a lawsuit brought by four former top Twitter executives who claimed they were denied $128 million in promised severance pay after Musk’s acquisition of the social media platform. The New York Post reports that Elon Musk and his company X Corp. have reached a settlement in a high-profile lawsuit filed by four former top executives at Twitter. The plaintiffs, including former CEO Parag Agrawal, alleged that they were not paid $128 million in severance pay that had been promised to them prior to Musk’s acquisition of Twitter in 2022. Breitbart News reported on the…
The National Highway Traffic Safety Administration (NHTSA) is investigating Elon Musk’s Tesla over incidents in which its vehicles drove through red lights and other instances of dangerous driving while using the company’s partial-automation software known as Full Self-Driving (FSD). Bloomberg reports that the NHTSA has launched an investigation into Elon Musk’s Tesla following reports of the EV giant’s vehicles driving dangerously while using its Full Self-Driving (FSD) software. The investigation, which covers an estimated 2.9 million Tesla vehicles, was initiated after the agency became aware of 58 incidents involving the driver-assistance system. According to the NHTSA filing, the reported incidents…
Bill Zanker, a longtime ally of US President Donald Trump, is leading an effort to raise at least $200 million to prop up the Official Trump meme coin, reports have disclosed. Related Reading The bid is being run through a vehicle called Fight Fight Fight LLC, and backers say the fundraising could climb as high as $1 billion, though the deal is not guaranteed to close. Rescue Plan Targets Market Pressure According to Bloomberg and people familiar with the effort, the token has lost most of its value since launch, sliding from $75 in January to around $8 today —…
Arthur Hayes argues that Bitcoin’s widely cited four-year halving cycle has broken down and that macro liquidity—not protocol mechanics—will dictate the next leg of the market. In a new essay titled “Long Live the King!” published on October 9, 2025, the BitMEX co-founder contends that policy choices in Washington and Beijing are setting up a structurally easier money regime that should keep pushing BTC higher, even as many traders look for a textbook cycle peak. “The four-year anniversary of this fourth cycle is upon us,” he writes, but those applying the old pattern “miss why it will fail this time.”…
Key Takeaways Market-cap weighted crypto indexes underpin funds that hold huge slugs of bitcoin and ether, but plans for new ones could expand beyond the biggest and well-known coins.The latest comes from S&P Global, which blends coins and cryptocurrency-linked stocks in one index. Big-stock indexes helped draw Americans into the stock market in droves. Will crypto indexes do the same for digital currency? A big name in the index business this week made the latest bid to do just that. S&P Global (SPGI), the shop behind the S&P 500 and the Dow Jones Industrial Average, unveiled a crypto-specific blend, adding…
Key Takeaways Market-cap weighted crypto indexes underpin funds that hold huge slugs of bitcoin and ether, but plans for new ones could expand beyond the biggest and well-known coins.The latest comes from S&P Global, which blends coins and cryptocurrency-linked stocks in one index. Big-stock indexes helped draw Americans into the stock market in droves. Will crypto indexes do the same for digital currency? A big name in the index business this week made the latest bid to do just that. S&P Global (SPGI), the shop behind the S&P 500 and the Dow Jones Industrial Average, unveiled a crypto-specific blend, adding…
It’s true: October Prime Day 2025 is over. But you can’t expect a site like Amazon to shut down every deal — the company was built on the discount. Today, we hunted down the tech deals under $50 that are still available. While there’s a lot fewer deals than there were yesterday (we counted 59 on Wednesday and just 19 today) some decent brands, like Ugreen, Anker, Lego and Roku are still in stock. Interestingly, a few of the current-model Echo smart speakers are still discounted, too, likely as a way to get the new Alexa+ into as many homes…
Peru’s banking regulator has authorized a pilot crypto platform, marking the country’s first regulated foray into digital assets. The project, dubbed Cryptococos, will allow select clients of Banco de Crédito del Perú (BCP) to buy and hold Bitcoin and USDC under BitGo’s custody.To participate in the pilot, users must register, prove a minimum banking history with BCP, and complete an investment risk assessment before purchasing, according to Thursday’s announcement.Approved users will be able to buy and sell Bitcoin (BTC) and USDC (USDC) within a closed-loop system, meaning all transactions occur exclusively on the platform. This setup prevents transfers to external…
You can get Sony’s WH-1000XM5 wireless headphones for $250 in a limited time deal for Amazon Prime Day. That’s $150 off its launch price, $50 off its regular Amazon list price and only a cent more than its all-time low of $249.99. While the model was released a few years ago, it’s still a fantastic alternative to the newer but pricier WH-1000XM6, which you can also get with a discount of $20 from Amazon right now. We gave the WH-1000XM5 a score of 95 when we reviewed it and praised its redesign for providing a massive increase in comfort.SonyWhen it…
Saudi Arabia coach Herve Renard said losing to Indonesia in Jakarta last year had been the spur to make the changes required to his squad that led them to seal a crucial victory over Patrick Kluivert’s side on Wednesday. The Saudis moved a step closer to automatic qualification for the 2026 World Cup with a 3-2 victory over Indonesia in Jeddah as a new-look side avenged November’s 2-0 defeat to move to the top of Group B of qualifying. The winners of the three-team group will progress directly to the finals in North America while the second placed finishers will…