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Latest news with #TechBillionaire

White House says Trump withdrawing Musk ally as nominee to head NASA
White House says Trump withdrawing Musk ally as nominee to head NASA

Al Arabiya

time4 days ago

  • Politics
  • Al Arabiya

White House says Trump withdrawing Musk ally as nominee to head NASA

US President Donald Trump is planning to withdraw his nomination of tech billionaire Jared Isaacman, a close ally of Elon Musk, to lead space agency NASA, the White House said Saturday. 'It's essential that the next leader of NASA is in complete alignment with President Trump's America First agenda and a replacement will be announced directly by President Trump soon,' the White House said, confirming a report by The New York Times that Isaacman's nomination was being withdrawn.

Despite Musk's stated departure from DOGE (and attempts to
Despite Musk's stated departure from DOGE (and attempts to

The Verge

time5 days ago

  • Business
  • The Verge

Despite Musk's stated departure from DOGE (and attempts to

Musk and DOGE don't seem to be going anywhere. talk up his focus on his businesses), sources tell Wired that DOGE-related efforts across federal agencies are 'escalating.' President Trump confirmed on Friday that Musk's 'really not leaving,' either, as the tech billionaire says he expects 'to continue to provide advice.' Maybe he should provide a little advice about pest control next, based on the condition the DOGE team appears to have left the United States Institute of Peace's headquarters in.

South Africa denies bending the rules to give Musk's Starlink preferential treatment
South Africa denies bending the rules to give Musk's Starlink preferential treatment

Washington Post

time27-05-2025

  • Business
  • Washington Post

South Africa denies bending the rules to give Musk's Starlink preferential treatment

JOHANNESBURG — South Africa's minister of communications on Tuesday denied accusations that a draft policy watering down Black ownership requirements for tech firms was not proposed to benefit the Starlink business of white South African-born tech billionaire Elon Musk. Under South African law, foreign-owned companies are required to sell 30% of their subsidiaries to shareholders who are Black, or from other racial groups disadvantaged under the apartheid system of white minority rule, in order to acquire a license.

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