Bitcoin hits highest levels since May while SHIBA continues to run riot October 7, 2021 Bitcoin’s latest price surge yesterday saw the leading cryptocurrency hit a daily high of more than $55k for the first time since mid-May.
Elon Musk blasts chipmakers over ‘problematic’ supply October 6, 2021 Elon Musk has fired a broadside at two of the world’s largest chip manufacturers, accusing them of hampering production of Tesla’s electric cars. The boisterous billionaire said Tesla was “operating under extreme supply chain limitations regarding certain ‘standard’ automotive chips”. He singled out Renesas and Bosch as the “most problematic by far”. Car manufacturers have [...]
Bitcoin holds above $50k as alt markets falter October 6, 2021 Bitcoin continues to look strong this week, yesterday peaking at almost $52k – the highest it’s been in nearly a month.
Chinese energy restrictions hit iPhone suppliers October 6, 2021 Manufacturers have warned that further disruption to China’s energy supply could hamper the production of tech products, including iPhones. In the final week of September many factories in the key manufacturing hub of Jiangsu were forced to cut or stop output altogether after the province was called out by the government for exceeding its carbon [...]
Bitcoin rises to $50k again as Wall Street drops amid inflation fears October 5, 2021 Bitcoin - the leading cryptocurrency - is currently trading at around $50,200, up almost six per cent over the past 24 hours.
Tesla worker awarded £100m after facing ‘daily racist epithets’ at car giant’s factory October 5, 2021 A court has awarded a Tesla worker close to £100m after suffering racial abuse at the electric carmaker’s San Francisco Bay Area factory. The jury in San Francisco agreed that Owen Diaz was subjected to racial harassment and a hostile work environment. Diaz alleged in a lawsuit that he was harassed and faced “daily racist [...]
Powell comments spark Bitcoin resurgence back towards $50k October 4, 2021 A strong weekend in the cryptocurrency markets saw Bitcoin rise in price by almost 10 per cent, and currently trading at just below $48,000.
Fear grips markets while Bitcoin holds at over $43k October 1, 2021 Bitcoin has banked more people in three weeks than the entire banking system did in several decades, writes Jason Deane.
Can EVs really handle a family holiday? October 1, 2021 Electric vehicles (EVs) have enjoyed soaring sales in recent years but there are still many EV doubters out there, not least because of the charging infrastructure. Among them is Allegra Stratton, the UK government’s spokesperson for the upcoming COP26 climate summit. She made headlines by saying she couldn’t use an EV because stopping to recharge [...]
Just-in-time supply chains have left us dependent and with just-not-enough October 1, 2021 In the peak of the pandemic, songwriter Justin Vernon, known as the haunting voice of Bon Iver sang a searing lyric: “You at the corner store, you were stocking up before the storm.” As we watched hours of queues at petrol stations, we were reminded once again it was those who had filled up their [...]