Bitcoin hits 16-month low amid trouble at Terra May 12, 2022 Bitcoin is currently changing hands for around $27k - a 15 per cent drop over the past 24 hours and 32 per cent over the past week.
Bitcoin and Ethereum level off, but do they have further to fall before the bottom’s in? May 11, 2022 Bitcoin is currently changing hands for around $30,500 - down five per cent over the past 24 hours.
Khan tours America: Donald Trump’s presidency led to much more racist abuse for me, says Mayor of London May 11, 2022 As Sadiq Khan’s visit to the US matures, the Mayor of London has said Donald Trump’s period as US president led to a significant rise in racial abuse directed at him. Khan, speaking at Stanford University near San Francisco on his US trade mission, said temporary and permanent banning of Mr Trump from Twitter led [...]
Not all fun and games for Sony and Nintendo amid supply woes May 10, 2022 Gaming giants Sony and Nintendo warned of ongoing supply chain issues this afternoon as the lockdown headache continues for tech firms. Whilst Playstation maker Sony said it plans to sell 18 million PS5 consoles this year, the Japanese firm warned that the situation in China may impact this figure. However, earnings for its gaming and [...]
Musk says he’ll welcome Trump back to Twitter after calling ban ‘morally wrong’ May 10, 2022 Elon Musk has said he will lift the Twitter ban on Donald Trump after his $44bn takeover closes, calling the ban "morally wrong and flat-out stupid".
Tiger Global nursing $17bn losses after global tech rout May 10, 2022 Prolific tech investor Tiger Global is nursing losses of $17bn this year after a rout in global tech stocks, fresh data has revealed.
Bitcoin hits $30k low as Wall Street continues to struggle, but is it bouncing back? May 10, 2022 The price of Bitcoin came within touching distance of $30k yesterday - the lowest it’s been since July 2021.
Tesla’s sales in China down by a third as Shanghai plant shrinks production May 10, 2022 Tesla continues to suffer from Covid-induced supply chain issues, with car sales in China slumping 35.7 per cent. Data from the China Passenger Car Association published today highlighted that in April the EV giant produced 10,757 China-made vehicles and sold 1,512 of them – the lowest in two years. Numbers also went down compared with [...]
Elon Musk’s £36bn Twitter takeover could face price slash May 9, 2022 Investment firm Hindenburg Research has said Elon Musk's $44bn (£36bn) Twitter takeover could be repriced lower if the eccentric billionaire walks away from the bid.
Musk to meet EU industry chief to discuss online safety and chip shortages May 9, 2022 Elon Musk will meet with EU industry chief Thierry Breton this evening to discuss policing of online content, as well as global chip shortages. Meeting in Texas, the two men come together just weeks after the Tesla founder pushed forward with his $44bn takeover of Twitter. Meanwhile, the EU has pushed forward with its new Digital [...]