Rivian: America’s next top model? November 26, 2021 In 2020, despite a global pandemic making it more difficult for anybody that wanted to grab a beer at the end of a long work-day, Anheuser-Busch – the makers of Budweiser and a whole range of other alcoholic drinks – brought home revenues of a cool $46bn. Listed in New York, its market cap stands [...]
Flat day in the markets brightened by Elon and CZ’s crypto handbags at dawn November 24, 2021 After inching closer to the $58,000 mark late Tuesday, Bitcoin’s value has slid down again to just below $57,000 and is roughly breaking even over the last 24 hours.
Musk offloads another $1.05bn crossing the halfway mark November 24, 2021 Tesla’s chief executive Elon Musk has sold another 934,091 shares for $1.05bn, crossing the halfway point in his plan to offload 10 per cent of his stake in the company US securities filings from late last night showed that Musk carried out the sale after exercising options to buy 2.15 million shares. Since 6 November [...]
Nasa to test planet’s defences against asteroids with spacecraft collision November 23, 2021 Nasa is set to test the planet’s defences against near Earth objects (NEOs) by slamming a spacecraft into an asteroid – in a bid to knock it from its path. The mission, known as a double asteroid redirection test, will test defence technologies and strategies in preventing dangerous asteroids and meteors impacting Earth. If all [...]
Elon Musk and Binance’s CZ get into Twitter argument November 23, 2021 A Twitter spat between two of the most prominent people in crypto has turned into a war of words.
Greater steps are needed to ensure crypto newcomers are aware of investment risks November 23, 2021 Newcomers to crypto are easy prey for resources who don’t prioritise their safety, says Michael Chauliac, president of StableHouse.
Royal Court’s Rare Earth Mettle tarnished by antisemitism controversy November 19, 2021 There may be no such thing as bad publicity, but casually offending the Jewish community in a play that counts cultural sensitivity among its themes must come pretty close. Ambitious satire Rare Earth Mettle centres on the megalomaniac billionaire previously known as Hershel Fink, a man with no apparent ties to the Jewish community apart [...]
UK advertising watchdog probes crypto meme coin Floki’s marketing ‘assault’ on London transport November 17, 2021 The Advertising Standards Authority (ASA) has bowed to calls for an investigation into an ad campaign for a digital token named after Elon Musk’s new dog, Floki, after hundreds of adverts for the cryptocurrency appeared across the capital’s transport network. A spokesperson for the ASA told City AM that the watchdog is currently investigating the [...]
Tesla shares go up following Musk’s latest offloading November 17, 2021 Tesla shares have gone up to $1,063.51 at market opening time after Elon Musk sold a further $973m worth of stocks to pay taxes. According to SEC filings, Musk bought 2.1 million shares worth $2.2bn at yesterday’s closing price of $1,054.73, offloading around 934,000 of his holdings on the same day. Since abiding by a [...]
Dogecoin searches in US more than double those for Bitcoin November 17, 2021 Dogecoin is the most Googled cryptocurrency in America, according to new research, with more than double the number of searches than Bitcoin.