March 15, 2025

silicon valley

Funds

Musk’s X Drew Capital From Silicon Valley Elites, Global Funds

(Bloomberg) — Elon Musk’s X attracted investment from a plethora of big names from Silicon Valley to global finance including Sean “Diddy” Combs and billionaire Larry Ellison, according to a court document unsealed Wednesday. Most Read from Bloomberg Many of the investors listed, such as Twitter co-founder Jack Dorsey and venture capital houses Andreessen Horowitz

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Crypto

Super-angel billionaire Ron Conway blindsided by crypto allies: report

Billionaire venture capital investor Ron Conway reportedly cut ties with a cryptocurrency super PAC called Fairshake after the group said it would support the Republican running against Sen. Sherrod Brown (D-Ohio), according to a Politico report. Brown is the longtime chair of the Senate banking committee and has raised concerns about cryptocurrency in the past,

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Finance

US investment in Hong Kong may drop amid looming sanctions, finance chief says

Hong Kong’s finance minister has conceded that investment from the US could drop under the looming threat of sanctions, but maintained the city remained well-positioned to attract international talent and businesses. Financial Secretary Paul Chan Mo-po was speaking to the press during a Beijing-organised media tour to promote the Greater Bay Area, two weeks after

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Finance

No questions on Hong Kong national security from US firms but financial hub status top of mind, Paul Chan says on California trip

But, asked whether the US businesspeople and politicians he met had expressed concern, Chan said “no one was concerned about national security” and their focus was very much on “business-related issues”. “In fact, the concern and interests of the business sector here are about the stability of Hong Kong, the overall business environment, the impact

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