Billion

Over $400 billion has been wiped off the value of Europe's tech industry this year

Over $400 billion has been wiped off the value of Europe’s tech industry this year

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The Klarna logo displayed on a smartphone. Raphael Henrique | SOPA Pictures | Light Rocket via Getty Images Europe’s tech industry has lost more than $400 billion this year, according to venture capital firm Atomico. The combined value of all public and private European tech companies fell to $2.7 trillion from a high of $3.1 …

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Elon Musk Suspects FTX Co-Founder Sam Bankman-Fried Donated Over $1 Billion in Support of Democrats

Elon Musk Suspects Former FTX CEO Sam Bankman-Fried Of Donating Over $1 Billion To Support Democrats

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Tesla CEO and Twitter chief Elon Musk said former FTX CEO Sam Bankman-Fried (SBF) likely donated more than $1 billion to support the Democratic Party, which would be a much larger sum than the publicly disclosed number. Many people have criticized Musk for making accusations without providing evidence. “This statement is incredibly irresponsible,” one commented. …

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