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Fidelity cuts X valuation amid Musk turmoil

Welcome to The Hill’s Technology newsletter {beacon} Technology Technology The Big Story Fidelity cuts X valuation amid Musk turmoil Fidelity has marked down the value of its shares in X Holdings Corp., the parent company of the platform formerly known as Twitter, by 71.5 percent since Elon Musk’s purchase of the company. Ā© Pavlo…

Elon Musk and these other 9 bosses had a terrible, horrible, no good, very bad 2023

For some top executives, 2023 is a year they would rather forget. Some of their companies lost billions of dollars. Some have lost their jobs. And others badly damaged their reputations and face even more trouble ahead in 2024.