الأعمال والاقتصاد

For Trump, Musk and Farage, the message is the same: voters don’t want to be hijacked by billionaires | Rafael Behr

المصدر: Business | The Guardian · نُشر

For Trump, Musk and Farage, the message is the same: voters don’t want to be hijacked by billionaires | Rafael Behr
المصدر: Business | The Guardian

A lesson from the US midterms is that electorates are repelled by the arrogant mega-rich buying democracy. This is a fight Labour can afford to pick For most people, $224m (£168m) is a lot of money, especially if you spend it and get nothing in return. But Elon Musk is richer tha

A lesson from the US midterms is that electorates are repelled by the arrogant mega-rich buying democracy. This is a fight Labour can afford to pick For most people, $224m (£168m) is a lot of money, especially if you spend it and get nothing in return. But Elon Musk is richer than most people.

In fact, there is no one richer. As the wealthiest of the US’s tech oligarchs Musk could afford to blow huge sums on a failed bid to prop up Republican candidates in Texas, his adoptive home state, in last week’s midterm congressional elections. He is reported to have spent a further $250m failing to engineer results in other races.

Rafael Behr is a Guardian columnist Continue reading...

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Nvidia’s value tumbles by $430bn since spy allegations, as major US law firm hired to investigate claims – business live
الأعمال والاقتصاد

Nvidia’s value tumbles by $430bn since spy allegations, as major US law firm hired to investigate claims – business live

Rolling coverage of the latest economic and financial news The drop in Nvidia’s share price this week may embolden the shareholders who are suing the company. A lawsuit was filed in California this week, alleging that Nvidia and chief executive Jensen Huang mislead shareholders b

Business | The Guardian ·