Catenaa, Friday, April 04, 2025-Goldman Sachs raised the probability of a US recession to 35%, up from 20%, citing economic risks tied to tariffs and policy uncertainty. As economic turbulence grows, conflicting reports emerged Wednesday about Elon Musk’s potential departure from his role with the Department of Government Efficiency (DOGE), an advisory entity under the […]
Catenaa, Thursday, April 03, 2025- The Tesla board has reportedly asked Elon Musk to step down as CEO due to declining Tesla sales and his increasingly controversial public behavior.Musk is yet to respond to the reports.Amid growing pressure, Tom Zhu, president of Tesla China, has emerged as a potential successor. The board, previously criticized for […]
Catenaa, Wednesday, April 23, 2025-Elon Musk said he will step back from his federal government role next month to concentrate on Tesla after the electric vehicle maker reported a staggering 71% plunge in first-quarter profits, intensifying pressure on the billionaire CEO. Speaking during Tesla’s earnings call Tuesday, Musk confirmed his “time allocation to DOGE will […]
Catenaa, Monday, June 02, 2025- Elon Musk’s xAI is launching a $300 million share sale that values the group at $113 billion, The Financial Times reported on Monday. The report quoting sources said the deal will allow staff to sell shares to new investors, validating the pricetag struck when Musk’s xAI start-up acquired his social […]
Catenaa, Monday, January 27, 2025 – Elon Musk’s Department of Government Efficiency (DOGE) is reportedly investigating blockchain adoption as part of a broader initiative to streamline federal systems, according to Bloomberg. Potential use cases include tracking federal spending, managing government assets, and facilitating payments. DOGE representatives have allegedly engaged with public blockchain providers to assess […]
Catenaa, Tuesday, April 01, 2025-The U.S. Securities and Exchange Commission (SEC) has begun integrating officials from Elon Musk Department of Government Efficiency (DOGE), according to an internal email sent to SEC staff Friday. The email stated that DOGE members would be treated as SEC staff for network and data access, subject to security training and […]
Catenaa, Monday, June 16, 2025- The U.S. Securities and Exchange Commission (SEC) has postponed decisions on a wave of spot altcoin ETF proposals, including filings for Dogecoin, Hedera, and Avalanche, marking another delay amid the agency’s ongoing reassessment of crypto regulation. On Thursday, the SEC said it would not yet move forward on the Bitwise […]