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Elon Musk says he’ll donate $6 billion to end world hunger – but is it enough?

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Would $6 billion be enough to end the world hunger crisis?

Elon Musk says he’s willing to sell Tesla stock to donate to the UN, if the agency can prove how the money will be spent to end the global hunger crisis.

A United Nations official earlier claimed that just 2 percent of the entrepreneur’s income could solve world hunger.

‘If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it,’

Musk, the world’s richest man, tweeted Sunday.

Musk added however, that the World Food Programme (WFP) must publicly disclose how they are utilising his funds.

Since Beasley’s initial tweet requesting for donations from Musk – Musk’s net worth has grown to more than $300billion. 

The $6billion Beasley requested would be approximately 2 percent of Musk’s income and less than the $9.3billion his wealth increased on October 29 alone.

Musk is now worth over $100billion more than the second-richest person on earth, Jeff Bezos.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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