Search results for Meridian
Politics
Elon Musk emerges as top funder for U.S. Republicans as SpaceX federal awards surge
Elon Musk has spent about $366 million on at least 40 U.S. midterm election contests, emerging as the largest individual donor, while SpaceX won $6.78 billion in federal government work over the same period. Filings show much of the spending flowed to Republican groups and America PAC. With Congress overseeing budgets and regulation, attention is focusing on how election outcomes could affect Musk-linked companies, contracts and probes.
AI & Enterprise
U.S. Pentagon launches \'Project Meridian\' with Elon Musk to shape future warfare
The U.S. Defense Department has launched a new advisory effort, Project Meridian, to identify technologies and weapons needed for future warfare. Elon Musk, Palmer Luckey and former U.S. House Speaker Newt Gingrich will jointly lead the project. The Pentagon plans to study future battlefields, identify capabilities needed for an advantage and propose ways to develop, test and deploy them. The work is due within 120 days, with a public report and a classified annex.
Crypto
Philippines\' BPI pushes stablecoin payment pilot
Philippine lender BPI is pushing a pilot to settle overseas remittances using stablecoins for freelancers, virtual assistants and others who receive income from abroad. The bank is preparing a payment system aimed at cutting the time and cost of processing inbound funds. The system will be developed with global digital clearing house Meridian, converting stablecoin settlements into Philippine pesos and depositing them into recipients\' BPI accounts, while keeping existing banking safeguards.
