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mercury valuation doubles in latest startup news update

Mercury has significantly increased its valuation, more than doubling it in recent developments. This surge highlights the growing momentum and interest in the startup sector, reflecting broader trends in the market. Stay tuned for more updates on emerging companies and their trajectories.
StartupNews.fyi
Mercury Systems, Inc.
Business & Industry, News Article
20:16 28.03.2025

Elon Musk offers two million dollars to Wisconsin voters amid court election

Elon Musk announced he will distribute $2 million to Wisconsin voters participating in the Supreme Court election, following a $1 million award to a resident opposing "activist judges." His involvement has drawn criticism, with opponents accusing him of attempting to buy influence, especially as his company Tesla faces legal challenges in the state. The election, pivotal for the court's ideological balance, has already seen unprecedented spending, surpassing $81 million.
The Independent
United States Dollar Tesla, Inc. USA Ann Walsh Bradley Susan P. Crawford Elon Musk Brad Schimel Donald Trump Scott Ainsworth Show more
Politics & Governance, News Article
19:24 28.03.2025

Coinbase faces concerns over Ethereum staking centralization risks

Coinbase executives have raised concerns about the potential for overcentralization in Ethereum staking due to the company's significant market dominance. This situation could pose risks to the decentralized nature of the Ethereum network, prompting discussions on the implications for the broader ecosystem.
StartupNews.fyi
Coinbase Global, Inc.
Finance & Economy, News Article
18:58 28.03.2025

Elon Musk campaigns in Wisconsin with million dollar checks for voters

Elon Musk is actively campaigning in Wisconsin ahead of a crucial state Supreme Court election, offering $1 million checks to those who oppose "activist judges." After a potentially illegal promise to pay voters for participation, he shifted his strategy to focus on petition signers. With over $12 million invested in the race, Musk aims to influence the court's balance, which could impact congressional districting and the GOP's chances in the 2026 midterms. The outcome hinges on whether liberal or conservative candidates prevail, affecting the court's majority through 2028.
Business Insider
Tesla, Inc. Apple Inc. USA Elon Musk Brian Hagedorn Brad Schimel Susan P. Crawford Ron Johnson Show more
Politics & Governance, News Article
18:53 28.03.2025

UBS considers headquarters relocation amid regulatory pressure and capital requirements

UBS is considering a potential change of headquarters due to increased federal capital requirements, sparking discussions about its future in Switzerland. CEO Sergio Ermotti emphasized the importance of Swissness in the bank's strategy, indicating that various scenarios are being evaluated.
Finanz und Wirtschaft
United States Dollar CHE Sergio Ermotti
Business & Industry, News Article
18:49 28.03.2025

elon musk's team aims to modernize government retirement process and cut costs

Elon Musk's Department of Government Efficiency (DOGE), led by Airbnb co-founder Joe Gebbia, aims to digitize the federal retirement process, reducing it from months to days. Gebbia criticized the outdated system, which relies on a vast mine in Pennsylvania housing 400 million paper documents. DOGE seeks to cut government spending by at least 15%, claiming to have saved $130 billion so far, but faces challenges, including legal pushback and protests against Musk's initiatives.
Fox Business
United States Dollar Airbnb, Inc. Tesla, Inc. Elon Musk Lisa Murkowski Joe Gebbia Donald Trump Show more
Politics & Governance, News Article
18:22 28.03.2025

bluSmart faces challenges as Refex halts Gensol EV fleet acquisition plan

BluSmart faces new challenges as Refex has withdrawn from Gensol's plan to acquire an electric vehicle fleet. This development raises concerns about the future of BluSmart's operations and its position in the evolving EV market.
StartupNews.fyi
IND
Business & Industry, News Article
18:11 28.03.2025

Banco BPM addresses UniCredit concerns on lending capacity after Anima issue

Banco BPM has dismissed concerns raised by UniCredit regarding its lending capabilities following a setback with Anima. The bank reassured stakeholders of its financial stability and ability to continue lending despite recent challenges.
reuters.com
UniCredit S.p.A. Banco BPM S.p.A. Anima Holding SpA ITA Show more
Business & Industry, News Article
18:05 28.03.2025

banco bpm addresses unicredit concerns over lending capacity after anima setback

Banco BPM's CEO Giuseppe Castagna dismissed UniCredit's concerns regarding the bank's lending capacity following a regulatory setback related to the Anima acquisition. Despite a negative opinion from the ECB affecting capital ratios, Castagna assured that current and projected capital levels remain adequate for continued lending. UniCredit, preparing a bid for BPM, emphasized that the ECB's stance supports the premium in its offer.
MarketScreener
Euro UniCredit S.p.A. Banco BPM S.p.A. Anima Holding SpA ITA Valentina Za Giuseppe Castagna Jan Harvey Andrea Orcel Show more
Business & Industry, News Article
17:58 28.03.2025

the collapse of credit suisse a cinematic exploration of its downfall

"Game Over" is a compelling film that chronicles the dramatic downfall of Credit Suisse, exploring the factors that led to the bank's collapse. This cinematic portrayal delves into the intricate details of the events surrounding its demise, offering insights into the banking industry's vulnerabilities.
AFRIK SOIR
Credit Suisse Strategic Income I CHE
Finance & Economy, News Article
17:30 28.03.2025
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