75 per cent of nightlife venues face bankruptcy when rent moratorium ends May 13, 2021 There is a £2.5bn pandemic-induced rent crisis brewing in the nightlife industry, according to the Night Time Industries Association (NTIA), which has urged the government today to offer a solution. Rising rent arrears threatens to bankrupt 75 per cent of commercial tenants in the sector, once the government’s rent moratorium ends in July, the nightclubs, [...]
Bitcoin rocked by Elon Musk’s dramatic Tesla announcement May 12, 2021 Tesla boss Elon Musk has suddenly announced the electric car manufacturer will be suspending the option to buy his vehicles with Bitcoin over the cryptocurrency's "environmental concerns".
Ethereum founder Vitalik Buterin donates $1.2 billion of Doge doppelgangers to India’s Covid effort May 12, 2021 Ethereum creator Vitalik Buterin has been applauded for a charitable act that put a leash on dog meme coins and handed $1.2 billion to India’s Covid-19 relief fund.
Goldman Sachs director quits after making millions from Dogecoin May 12, 2021 A London-based Goldman Sachs banker has reportedly quit after making millions from investing in Dogecoin. The meme cryptocurrency has surpassed growth of any other digital currency this year, boosting its price by more than 10,000 per cent. Aziz McMahon, head of emerging market sales at the US investment bank, resigned after benefiting from the cryptocurrency’s [...]
John McAfee close to bankruptcy as he fights crypto fraud charges May 12, 2021 Computing legend John McAfee is close to bankruptcy as he battles lawmakers from his cell in a Spanish prison, his wife has revealed.
Showboat: Amazon boss Jeff Bezos revealed as owner of $500m superyacht May 10, 2021 As the richest person on the planet, it’s fair to say money is no object to Amazon founder Jeff Bezos. But even by the standards of the super-rich, his latest purchase is likely to make waves. The billionaire businessman has been revealed as the owner of a mammoth superyacht worth a reported $500m (£354m) that [...]
Bitcoin to be available at hundreds of US banks, and Ethereum hits a new high May 10, 2021 Data shows the price of Bitcoin (BTC) moved from close to $59,000 at the beginning of the week to a $53,000 low before recovering.
Musk’s comedy attempt misfires as Ethereum steals show May 10, 2021 Elon Musk's flat performance and odd attempts at humour on Saturday Night Live did not produce the moonshot Dogecoin fans anticipated.
Countdown to COP26 – how 2021 is a “make or break” year in the fight against climate change May 10, 2021 This year will be “make or break” in the fight against climate change, the UN Secretary-General Antonio Guterres has warned. The next United Nations climate summit, COP26 – or to give it its full title, the 26th Climate Change Conference of the Parties – is due to take place in Glasgow in November. Postponed from last [...]
Elon Musk reveals he has Asperger’s in Saturday Night Live appearance May 9, 2021 Eccentric billionaire Elon Musk has revealed he has Asperger’s syndrome during an appearance on US sketch show series Saturday Night Live. The Tesla founder told viewers he was the “first person with Asperger’s” to host the show, “or at least the first person to admit it”. It is thought to be the first time the [...]