Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform

September 13, 2024 Bitcoin.com

Bankruptcy

Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant U.S. government changes and agreed to help former President Donald Trump lead a new government efficiency commission, an idea he proposed. Musk believes reducing wasteful […]

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Elon Musk: ‘first Starships to Mars will launch in 2 years’

September 8, 2024 Coin Telegraph

Blockchain

He says crewed missions will begin within 4-6 years depending on whether certain economic and technological challenges can be overcome.

SpaceX CEO Elon Musk has revealed an ambitious plan to build a human city on Mars within the next few decades beginning with uncrewed Starship voyages in 2026.

If all goes well, according to Musk, crewed trips will begin by the end of the decade.

SpaceX CEO Elon Musk reveals the roadmap for putting humans on Mars. Source: Elon Musk

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Elon Musk denies Tesla will pay xAI for AI technology partnership

September 8, 2024 Coin Telegraph

Coin Telegraph

The clarification comes after a news report stated Musk’s AI startup has discussed sharing its technology with Tesla and in return would earn revenue from the carmaker.

Elon Musk, owner of the social media platform X, has clarified that his artificial intelligence startup xAI is not looking to earn revenue from Tesla in exchange for sharing its technology.

The clarification comes after a Wall Street Journal report claimed that xAI has discussed sharing its technology with Tesla and in return would earn revenue from the carmaker.

“The xAI models are gigantic, containing, in compressed form, most of human knowledge, and couldn’t possibly run on the Tesla vehicle inference computer, nor would we want them to,” Musk wrote in a Sept. 8 X post.

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Elon Musk Agrees to Head Donald Trump’s D.O.G.E. Government Efficiency Commission

September 7, 2024 Bitcoin.com

audit

Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if re-elected president. This commission would conduct a financial and performance audit of the entire federal government. Musk is pushing the idea of the Department of Government Efficiency (D.O.G.E.), emphasizing concerns about government overspending. […]

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Elon Musk’s ‘DOGE’ gov meme sends political speculation soaring

September 7, 2024 Coin Telegraph

Coin Telegraph

Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.

Elon Musk may be floating the idea of establishing himself as the head of a new government institution if former United States president Donald Trump claims the Oval Office again in the November 2024 election.

True to form, Musk teased the idea in a meme on the X social media platform featuring a double-entendre referencing both cryptocurrency and politics.

Source: Elon Musk

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One week later: X’s future in Brazil on the line as Supreme Court reviews ban

September 6, 2024 Coin Telegraph

Alexandre de Moraes

With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns.

One week after Justice Alexandre de Moraes ordered the suspension of X in Brazil, the Supreme Federal Court will now review the decision in an upcoming plenary session. Until then, the platform’s future in the country remains uncertain, as the legal dispute centers around complex aspects of misinformation and free speech.

However, the events of the previous days could have lasting implications for how social media platforms operate within legal frameworks beyond Brazil.

Cointelegraph compiled key developments over the dispute and the potential impact of the Brazilian Supreme Court’s final decision as the case enters the crossroads between free speech and social media regulation.

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Trump vows to make US ‘world capital of crypto,’ taps Musk for new task force

September 6, 2024 Coin Telegraph

Candidate

“Instead of attacking industries of the future, we will embrace them,” said Donald Trump about the crypto industry in America.

United States presidential candidate and former President Donald Trump has reiterated his support for crypto and endorsed tech billionaire Elon Musk to head a new government task force.

Speaking at the Economic Club of New York on Sept. 5, Trump restated his support for the digital asset industry.

Trump said that, if elected, he would eliminate a minimum of ten old regulations for one new regulation, before adding:

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Vitalik Buterin: Bullish on Google sign-in, bearish on duels to the death

September 5, 2024 Coin Telegraph

Coin Telegraph

Buterin says prediction markets are better for settling beef, but Elon Musk says he’s packing historical heat.

Ethereum co-founder Vitalik Buterin recently raised some eyebrows on social media after offering his soft support for Google’s automatic sign-in feature. But his post on dueling to the death received a lot more attention.

Buterin’s platform of choice appears to be Farcaster, where he interacts with other users on a variety of topics. In mid-August, the popular developer hosted what he referred to as an impromptu “AMA” (ask me anything), during which the topic of third-party authentication services, such as Google Sign-in, was brought up.

At the time, Buterin expressed concern over the implications of “normalizing” the idea of using services such as “sign in with Google” in the cryptocurrency and blockchain industries. “I think that’s really bad,” he wrote. However, he followed up by describing a scenario where sign-in services could serve as bridges to secure systems via under-the-hood account abstraction.

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Brazil’s X ban: Are VPN users at risk for accessing the platform?

September 4, 2024 Coin Telegraph

Brazilians

VPN providers agree that tracking individuals accessing X via VPNs in Brazil would be challenging but not impossible.

A Brazilian Supreme Court panel on Sept. 2 decided to uphold a ban on X, restricting Brazilians from accessing the social media platform.

Some prominent figures — including Bluesky co-founder Jack Dorsey — promoted the use of virtual private networks (VPN), while others cautioned Brazilians against any type of X usage.

Cointelegraph contacted several lawyers and VPN providers to better understand the situation regarding the X ban in Brazil.

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Elon Musk Can’t Wait to Reform US Government Spending and Regulations

September 4, 2024 Bitcoin.com

audit

Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation and proposed forming a “government efficiency commission” to […]

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