Elon Musk became vehemently “anti-woke” because of his daughter’s gender transition, according to a new book on the Tesla boss. The billionaire’s right-wing political leanings “were partly triggered” when his then-16-year-old child, Vivian Jenna Wilson, came out to her aunt. The claim was made by Mr Musk’s biographer, Walter Isaacson, in an excerpt from his book – entitled Elon Musk – published in The Wall Street Journal on Thursday. “Hey, I’m transgender, and my name is now Jenna,” she reportedly texted her aunt. “Don’t tell my dad.” Ms Wilson was granted a legal name and gender change last June and has severed all ties with her famous father. According to the book, Mr Musk brands his daughter a “Communist” who ended her relationship with him because she was brainwashed into “thinking that anyone rich is evil” by her $50,000-per-year school in California. Mr Musk said he “partly” blames the Crossroads School for Arts& Sciences for his daughter’s change in attitude towards him. “She went beyond socialism to being a full communist and thinking that anyone rich is evil,” said Mr Musk, who has a personal worth of $257.5bn. Mr Musk has previously blamed “woke” schools for his daughter’s transition, but it is the first time that he has named Crossroads. Mr Musk said that the rift with his daughter is the most painful thing he has experienced since the death of his first child at 10 weeks old from sudden infant death syndrome. Her mother is the Canadian writer Justine Wilson, who was married to Mr Musk from 2000 to 2008. The Independent has reached out to Crossroads for comment. Read More Twitter/X indicates it will start collecting ‘biometric information’ and ‘employment history’ KSI reveals how much money he made from Elon Musk’s new Twitter monetisation in August Tesla under federal probe over mysterious project to build ‘glass house’ for Elon Musk, report says ‘San Francisco will end up like Detroit’: Why Elon Musk and tech CEOs are fighting lawsuit on homeless crisis Elon Musk booed at video games contest as crowds shout: ‘Bring back Twitter!’ Why Elon Musk and tech CEOs are backing a lawsuit against anti-homelessness advocates Elon Musk booed at video games contest as crowds shout: ‘Bring back Twitter!’ Florida Gov. Ron DeSantis faces Black leaders' anger after racist killings in Jacksonville

South Africa’s government will need another two to three months to complete an energy transition implementation plan, further

One of Google’s earliest employees will step back from an executive management role, having held a senior position

By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Intel was fined 376 million euros ($400 million) on Friday

The move could be good news for the Japanese, but roil global financial markets. Plus, investment newsletter commentary on venture-capital’s problems, tech stocks’ vulnerabilities, and Berkshire Hathaway’s cash.

PayPal has launched a new cryptocurrency that is tied to and backed by the US dollar. PayPal USD, issued by Paxos Trust Company, is a type of digital currency called a stablecoin, which differs to other cryptocurrencies like bitcoin as their values are tied to traditional fiat currencies like dollars, pounds or euros. “The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the US dollar,” said PayPal chief executive Dan Schulman. “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD.” The new crypto token will roll out first to US PayPal customers, offering the ability to send and transfer PayPal USD to other people, as well as fund purchases when checking out at online stores. The new cryptocurrency comes at a time of increased scrutiny at the crypto industry, with regulators looking to avoid a repeat of the TerraUSD stablecoin collapse that wiped tens of billions of dollars from markets in 2022. The TerraUSD token was also pegged to the US dollar, however unlike PayPal USD it was not backed up by any dollar reserves. Instead, it used a partner cryptocurrency to maintain its value algorithmically, which ultimately caused both cryptocurrencies to crash in tandem. Other companies have also attempted to launch stablecoins, including Facebook’s Libra project, which was shut down last year after facing push back from regulators. The US House Financial Services Committee has since advanced a bill aiming to set up a federal framework for stablecoins in order to integrate them into modern payment systems. “We are currently at a crossroads to keep America at the forefront of digital asset innovation,” US Representative Patrick McHenry, who chairs the committee, said in a statement following PayPal’s announcement. “Congress is making significant, bipartisan progress on legislation to ensure the US leads the financial system of the future.” Read More What is Elon Musk’s ‘everything app’ X? Kenya suspends eyeball-scanning crypto worldcoin

By Jarrett Renshaw The Biden administration on Friday added $4 billion to a supplemental funding request to Congress

The company's stock didn't benefit much from its earnings but it is threatening to stretch its lead over its semiconductor rivals.

By Josh Ye HONG KONG China's craze over generative artificial intelligence has triggered a flurry of product announcements

Widgets, and the beloved beagle Snoopy, are headed to your Apple Watch face. At its

Bumble Inc. President Tariq Shaukat is stepping down, and the dating app will conduct a search for his

Schools have not completely slashed Shakespeare’s works but teachers now will be teaching only excerpts from his plays now