Fidelity marks down X valuation by 71.5%

Mutual fund company Fidelity has marked down its investment in X holdings — the parent company of X (formerly Twitter) owned by Elon Musk — by 71.5% from the original valuation of shares, according to a new disclosure. Fidelity spent $19.2 million to acquire a stake in X back in October 2022. The fund manager…

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Sydney Water Damages: A Comprehensive Guide to Health Risks and Their Reduction

Sydney Water Damages: A Comprehensive Guide to Health Risks and Their Reduction by Andie | December 31, 2023 Between 2012 and 2016, according to the Insurance Council of Australia, natural disasters in Australia (including floods) cost approximately AUD 5.6 billion each year. One region consistently affected is Sydney with its high rainfall and numerous water…

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Is Twitter dead? – Creator Handbook

In a nutshell Elon Musk’s erratic actions and the controversial changes he implemented after acquiring Twitter, now known as X, have led to a decline in user and creator confidence in the platform. The rebranding of Twitter to X and changes to the verification system have caused confusion and frustration. Despite its flaws, X/Twitter remains…

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