Wednesday, December 14, 2022

Elon Musk's banks to book Twitter loan losses, avoid big hits: sources

Twitter's lenders, led by Morgan Stanley, could face billions of dollars in losses if they tried to do so now, as investors shy away from buying risky debt during a period of economic uncertainty, market participants said.

from Tech-Economic Times https://ift.tt/usFvy9W

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...