To The Moon

Crypto markets have been rocked by the launch of an "official" Donald Trump memecoin this weekend—with traders braced for more mayhem this coming week.The price of the "official" Trump memecoin has su

WASHINGTON, Jan 17 - The White House said on Friday that Tiktok should remain available to Americans but the timing of the Supreme Court ruling on a law banning the app means it must fall to the Trump administration."TikTok should remain available to Americans, but simply under American ownership or other ownership that addresses the national security concerns identified by Congress in developing this law," the White House said in a statement."Given the sheer fact of timing, this Administration

UPDATE 1-Trump says will create 'External Revenue Service' to collect revenue from foreign sourcesAdds quote, background. Jan 14 - U.S. President-elect Donald Trump said on Tuesday he will create a new department called the External Revenue Service "to collect tariffs, duties, and all revenue" from foreign sources.Trump said in a social media post he would create the department on Jan. 20, the day he will be inaugurated as president for a second term."Through soft and pathetically weak Trade agreements, the American Economy has delivered growth and prosperity to the World, while taxing ourselves. It is time for that to change," the Republican said in a post on Truth Social."We will begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share.". tariffs on the United States' three largest trading partners. - Canada, Mexico and China - including a 25% tariff on imports from Canada and Mexico until they clamped down on drugs and migrant

Biden administration seeks broad control over computing powerDecisions on restrictions will fall to incoming Trump teamThe Nvidia headquarters in Santa Clara, California.The White House unveiled sweep

-- Europe’s largest pension fund sold its entire 571 million stake in Tesla Inc. in the third quarter partly due to disagreement with Elon Musk’s remuneration package.“We had a problem” with Musk’s pay package, a spokesperson for Stichting Pensioenfonds ABP said Sunday. The fund also considered costs, return and responsible investment requirements in its decision to sell its investment.The news was first reported by Dutch newspaper Het Financieele Dagblad, which also cited poor working conditions at the company among ABP’s reasons to ditch Tesla.Last month, Musk’s record-setting Tesla pay package was struck down once again by a Delaware judge even after shareholders backed the amounts and Musk asked her to reconsider. The stock options package was initially worth $2.6 billion and spiked to $56 billion by the time the judge canceled it.In June, ABP voted against the pay package, calling it “controversial and exceptionally high.”

The video-sharing social media app is facing a potential ban in the U.S. on Jan. 19, and will deliver oral arguments in its defense before the Supreme Court on Friday at 10 a.m. Eastern.U.S. lawmakers

Tencent Holdings says its inclusion on a list of firms that the Defense Department alleges work with China's military is a mistake. "We are not a military company or supplier," a spokesperson says. "Unlike sanctions or export controls, this listing has no impact on our business." The videogame and social-media company said it will work with the Defense Department to address any misunderstandings. Tencent ADRs fall 7.82% to $49.01.The US Defense Department said Monday it had added Chinese tech gi

The Biden administration, facing pushback to its chip crackdown on China, has told allies that it’s considering using the most severe trade restrictions available if companies such as Tokyo Electron L

EV shares slid in premarket trading.Nio fell over 4%; Li Auto fell 2%; XPeng up 0.3%.The European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles from next month, the Financial Times reported, citing people familiar with the matter.Analysts have said they expect tariffs of between 10% and 25% on Chinese EVs. The European Commission has said Chinese EVs receive excessive subsidies.The EU and China

Investors who thought they got the deal of a lifetime on Berkshire Hathaway Class A shares are in for a disappointment.The New York Stock Exchange and other market operators have decided to unwind tra