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Dogecoin Jumps after Musk Tweets Tesla Merchandise 'Buyable' with the Token

Representation of cryptocurrency Dogecoin is seen in this illustration taken November 29, 2021. (Reuters)
Representation of cryptocurrency Dogecoin is seen in this illustration taken November 29, 2021. (Reuters)
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Dogecoin Jumps after Musk Tweets Tesla Merchandise 'Buyable' with the Token

Representation of cryptocurrency Dogecoin is seen in this illustration taken November 29, 2021. (Reuters)
Representation of cryptocurrency Dogecoin is seen in this illustration taken November 29, 2021. (Reuters)

Meme-based cryptocurrency dogecoin jumped on Friday after Tesla Inc chief Elon Musk said the electric carmaker will accept it as payment for merchandise.

"Tesla merch buyable with Dogecoin," Musk tweeted.

His mid-December tweet saying such use of dogecoin will be allowed on a test basis sent the cryptocurrency up more than 20%.

Dogecoin, popular among retail investors, raced up 18% to above $0.2 after Friday's tweet.

Musk's tweets on the cryptocurrency, including the one where he called it the "people's crypto", buoyed the meme coin and caused it to soar roughly 4,000% in 2021.

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Pearson and Google Team up to Bring AI Learning Tools to Classrooms

The Google logo is seen outside the company's offices in London, Britain, June 24, 2025. REUTERS/Carlos Jasso
The Google logo is seen outside the company's offices in London, Britain, June 24, 2025. REUTERS/Carlos Jasso
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Pearson and Google Team up to Bring AI Learning Tools to Classrooms

The Google logo is seen outside the company's offices in London, Britain, June 24, 2025. REUTERS/Carlos Jasso
The Google logo is seen outside the company's offices in London, Britain, June 24, 2025. REUTERS/Carlos Jasso

Pearson has entered a multi-year partnership with Alphabet's Google cloud service, providing students with AI learning tools that also make teachers' jobs easier, the British education company said on Thursday.

The tie-up will focus on creating personalized learning tools powered by Google's advanced artificial intelligence models for students in primary and secondary school, Reuters reported.

The tools will adapt to each student's pace and needs, while also helping teachers track performance and tailor lessons, the companies said in a statement.

Pearson Chief Executive Omar Abbosh said AI could help reshape school education by replacing uniform teaching methods with personalized learning paths tailored to individual students.

Pearson has also signed multi-year AI-focused partnerships with Microsoft and Amazon's cloud computing services, as part of its efforts to personalize learning and offer more digital education tools.