Photo: Carlos Barria/Reuters and Ethan Miller/Getty Images A crowd of investors gathered at Morgan Stanley’s New York office to hear X’s sales pitch, eager to get a piece of debt that Wall ...

Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter — a deal that gives the company a valuation in line ...

Months after the valuation of X (formerly Twitter) was estimated to have fallen by 80 percent, investors are now pegging the social media platform’s value at $44 billion, the same amount Elon ...

Investors have reportedly valued the social media giant at the same amount Elon Musk purchased it for in 2022, a sharp jump after it was deemed worth less than $10 billion in September 2024.

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

MILAN : Italy has handed tax demands to Meta, X and LinkedIn in an unprecedented VAT claim against the U.S. tech giants that could have repercussions across the European Union, four sources with ...

The biggest stories of the day delivered to your inbox.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2496.42, down 3.0% (-78.53 ...

Italy claims VAT from Meta, X, LinkedIn in pilot case Case hinges on treatment of user data as taxable transaction Companies have 60 days to appeal tax assessment MILAN, March 26 (Reuters ...

Coffee roasters that were betting on lower prices opted out of hedging. Now consumers will pay the price. Companies that typically take positions in the futures market to protect themselves from ...

After U.S. markets enjoyed a brief gasp of relief on Wednesday, charts got ugly again on Thursday as focus shifted to a potential bigger conflict between the U.S. and China. Bitcoin (BTC), which ...