Search results for "LORD"
2026-03-09
03:01

Elon Musk specifically named OpenAI Chairman Bret Taylor, saying that during the Twitter acquisition negotiations, the management was "crazy left-wing."

On March 9, Musk posted a critique of Twitter's previous management as "crazy leftists," comparing them to the seducing king in "The Lord of the Rings." He mentioned that firing Jack Dorsey was a turning point and pointed out that Bret Taylor is now the Chairman of OpenAI, a person who once led negotiations for its acquisition of Twitter.
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05:46

UK cross-party MPs jointly pressure government: Accelerate the development of a stablecoin-friendly regulatory framework

The UK Cross-Party Parliamentary Group recently sent a letter to Finance Minister Rachel Reeves, urging the government to amend the current stablecoin regulatory draft to avoid stifling innovation and prevent capital outflows. The letter was co-signed by several prominent MPs and nobles, including Sir Gavin Williamson, Lord Camrose, and Baroness Wilma, directly criticizing the Bank of England's current regulatory proposal as "potentially overly restrictive." The lawmakers emphasized that stablecoins have become a vital infrastructure in the digital economy, playing an increasingly critical role in the global financial system. In 2024, stablecoin trading volume reached $27.6 trillion, surpassing the combined volume of Visa and Mastercard transactions, and is expected to exceed $100 trillion before 2030. They believe stablecoins are reshaping the way payments, settlements, and cross-border finance operate, and are also the core drivers for future financial inclusion and efficiency improvements.
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