Jack Dorsey’s Bitcoin bet turns sour

Silk Road founder Ross Ulbricht is forfeiting billions of dollars worth of Bitcoin (BTC) and other crypto assets to the US government. According to a new court filing, Ulbricht will relinquish any claim to over 69,000 BTC and undisclosed amounts of Bitcoin Gold (BTG), Bitcoin SV (BSV) and Bitcoin Cash (BCH) worth a combined $3 billion as part of a settlement.

Elon Musk, the world’s wealthiest man, who thinks tunnels are immune to natural disasters, is purchasing Twitter. The company confirmed on Monday afternoon that it had accepted the billionaire’s offer. “Twitter, Inc. today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion,” reads the official press release. “Upon completion of the transaction, Twitter will become a privately held company.”

Dorsey, who was CEO of the company until November 2021, took to the platform to pen his thoughts on the new changes.

Gene Simmons of Kiss and several other musicians are beginning to react to the news of Elon Musk’s purchase of Twitter for $44 billion, questioning Musk’s desire for more “free speech” and how it may impact the spread of more hate and misinformation. “Fantastic news, at...

The FBI also seized financial records and fine art in the October 2021 raids on properties linked to billionaire Oleg Deripaska, per Bloomberg.

Google users will now be flagged for using politically incorrect words while searching as the technology giant launched an "inclusive language" function. The move of Google is to avoid the use of politically incorrect words. In a report by The Sun, if a user uses terms deemed politically incorrect by...

Fox News host Tucker Carlson has insinuated that Elon Musk has restored his Twitter account after being suspended from the social media platform.On Monday, it was confirmed that controversial billionaire Musk has reached a deal to purchase Twitter for $44 billion – news that has delighted many right-wing figures.Following the back and forth negotiations, the deal is expected to go through later this year, when Musk will officially take control.Conservative figures have welcomed the deal because of Musk’s advocacy of free speech, with many seeing it as a turning point away from liberalism in media.On 23 March, Carlson was suspended...

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations. Reports that Twitter’s board could come to a deal with Elon Musk as early as Monday are raising red flags among media watchdog groups. On Monday, Media Matters, a...

Jeff Bezos, the founder and former CEO of Amazon, and Elon Musk, the CEO of Tesla and soon-to-be owner of Twitter, don't strike me as best buds. The two men have competed over the past few years for the title of the world's richest man, a title Musk holds. They also sort of compete in space, with Bezos' Blue Origin competing against Musk's SpaceX.

House Republican Leader Kevin McCarthy (R-CA) (Joe Raedle/Getty Images) There was a flurry of headlines last week when news broke that House Minority Leader Kevin McCarthy (R-CA) said out loud that he thought former President Donald Trump should resign in the wake of the deadly Jan. 6 insurrection. The focus was on the fact that McCarthy lied about ever expressing that thought - until, of course, he was confronted with the audio recording of him saying exactly that.

Co-host of “Outnumbered” and former White House Press Secretary Kayleigh McEnany joins Fox Across America With Jimmy Failla to share her thoughts on the hysteria by some Democrats and members of the mainstream media over Tesla CEO Elon Musk acquiring Twitter. “They don’t they don’t fear Twitter becoming...