Is SpaceX Really Worth $1.75 Trillion — or Is That Actually Too Low?
Key Points Much ado has been made about SpaceX’s upcoming IPO. And much ado is warranted. Elon Musk’s space technology company plans to begin trading publicly with a market cap of $1.75 trillion. To put that number in perspective, it’s higher than the market cap of Musk’s other public company, Tesla (NASDAQ: TSLA). It’s also…
Hong Kong Prepares for 6 Million Passengers During Labour Day Golden Week Travel Surge
Interdepartmental working group on festival arrangements releases latest information on cross-boundary passenger traffic estimation and arrangements for Labour Day Golden Week of the Mainland The interdepartmental working group on festival arrangements, led by the Chief Secretary for Administration, released the following information today (April 27) on the latest situation and arrangements for the upcoming Labour…
Who should Muslims vote for in the UK local elections? – 5Pillars
Poliing station. Pic: Shutterstock. Abubakr Nanabawa from The Muslim Vote argues that Muslims should vote for strong independent candidates in the local elections on May 7, or if none exist in your area then you should consider alternatives like the Green Party. The 2026 local elections are not just another routine vote. They are a…
Families of Indonesian helpers who died in Tai Po fire struggle to break news to kids
Grieving relatives of domestic helpers killed in the Tai Po fire have struggled to break the news to victims’ children while fending off scammers targeting their compensation from Hong Kong authorities, according to a workers’ rights advocate after a trip to Indonesia. Esther Tse Yan-yin, an organiser from the Association for the Rights of Industrial…
China blocks Meta Platforms’ $2 billion acquisition of AI company Manus, tells Mark Zuckerberg: Withdraw your offer
In what can be called a major blow to Mark Zuckerberg’s AI ambitions, Chinese regulators have officially blocked Meta Platforms from acquiring AI startup Manus. This comes days after a report claimed that China has ordered its leading artificial intelligence (AI) companies to stop accepting American capital as Beijing aims to prevent sensitive AI breakthroughs…
The Federal Reserve’s April Inflation Forecast Has Been Updated, and It’s a Good News-Bad News Scenario for Wall Street
Last week was another history-maker for Wall Street, with the benchmark S&P 500 (SNPINDEX: ^GSPC) and iconic Nasdaq Composite (NASDAQINDEX: ^IXIC) launching to record-closing highs. Although the Dow Jones Industrial Average (DJINDICES: ^DJI) didn’t reach a record high, it’s a stone’s throw away from one. Based on the performance of these indexes, you’d assume the…
How Cruijff’s words helped AC Milan win 1994 Champions League
The Champions League trophy EPA-EFE/JEAN-CHRISTOPHE BOTT Johan Cruijff will forever be remembered as one of the best players and coaches of all time, but back in 1994, his Barcelona side underestimated Milan, who secured an historic 4-0 victory in the Champions League Final. Forget the last 15 years during which Milan have failed to leave…
China bars foreign investment in Manus AI project as scrutiny on AI exports grows · TechNode
China’s National Development and Reform Commission (NDRC) today announced that, in accordance with laws and regulations, it has issued a decision prohibiting foreign investment in the acquisition of the general-purpose AI agent project Manus. It also requires the relevant transaction parties to immediately withdraw and cancel all related acquisition activities. This decision marks a key…
Sole eatery on Hong Kong’s southernmost island may shut after 50 years in business
The sole restaurant on Hong Kong’s southernmost Po Toi Island may close after a half-century serving visiting hikers and boaters lured by the untouched coastline and placid bays. The owner of Ming Kee Seafood Restaurant, who gave his surname as Leung, said business had declined and he might be forced to close at the end…
3% Cash Back, 6% Interest, P2P Transfers—What All Elon Musk’s X Money Is Reportedly Offering – Visa (NYSE
As Elon Musk nears his goal of launching X Money, the banking and payments platform built inside X, early access users reported competitive benefits. According to the early users, creators who already receive money through X would be transferred from Stripe to X Money as their primary payment platform. Some users are also testing transferring…
