Bitcoin slips below $29,000 and Ethereum now under $2,000 as crypto sell-off continues April 20, 2023 Bitcoin and Ethereum struggled to hold support around key levels, with the leading crypto dipping first below $30k and later $29k.
Tesla profits driven down as carmaker continues to slash prices April 20, 2023 Price reductions across the model line-up cut into Tesla’s first-quarter net income, causing it to fall 24 per cent from a year ago. The electric car and solar panel company, based in Austin, Texas, said on Wednesday it made $2.51bn dollars (£2.01bn) from January through to March, down from $3.32bn (£2.67bn) a year ago. Revenue rose 24 [...]
Rollercoaster of a day for Bitcoin is peppered with green and red candles April 19, 2023 Bitcoin peaked at $30,450 yesterday, coming off a $29,200 low, only to retrace back to $29,010 this morning.
Explainer: Is there an electric car price war? April 18, 2023 Execs at Renault are considering price cuts after the falling cost of a Tesla.
Bitcoin and Ethereum drifting sideways as fears over Shanghai upgrade are yet to play out April 18, 2023 Bitcoin is again trading below the psychological $30k threshold after a strong push over the past week.
Bitcoin dips below $30k and Ethereum trading flat in line with equities April 17, 2023 Bitcoin is trading close to equities as the SP500 (-0.21%) and Nasdaq (-0.31%) trade flat in the red over the same 24-hour period.
Elon Musk working on AI tool to compete with ChatGPT April 16, 2023 Elon Musk is reportedly planning to launch an AI tool to rival OpenAI’s ChatGPT. The billionaire founder of SpaceX and Tesla is gathering a team of AI researchers and has acquired the graphics processing units needed to produce the AI tool, the Financial Times reported. Musk is also in talks with SpaceX and Tesla investors [...]
Twitter: Elon Musk launches new long-form platform allowing 10,000 characters April 14, 2023 Twitter has launched a new platform to support writers move from micro-blogging to longer-form pieces, with posts of 10,000 characters permitted. The Elon Musk-owned social media giant announced the launch of Twitter Write on Friday, offering “improvements to the writing and reading experience” for users. “Starting today, Twitter now supports Tweets up to 10,000 characters [...]
Five things we learned from Elon Musk’s interview with the BBC April 12, 2023 Elon Musk plans to revoke a disputed “government funded media” label Twitter attributed to the BBC, claims advertisers are returning to the platform and admitted that he sometimes sleeps in the office. The billionaire chief executive — who is also at the head of electric car maker, Tesla, and spacecraft manufacturer, SpaceX — made the [...]
Elon Musk is no longer the world’s richest man, but who are Britain’s biggest billionaires? April 7, 2023 Elon Musk is no longer the world’s richest person according to the Forbes World’s Billionaires List 2023. The declining value of Tesla shares and his expensive acquisition of Twitter have let Bernard Arnault, head of luxury conglomerate LVMH, take his place. Arnault is the first ever Frenchman to be the world’s richest person. It was [...]