By Elaine Chen and Carol Massar Cathie Wood said she’s more optimistic than pessimistic about China in the long run. “I’m not pessimistic about China longer run because I think they’re a very entrepreneurial society,” the head of Ark Investment Management said in an interview on Bloomberg Radio Tuesday. “Sure, the government is putting more … Read more
MUMBAI: Tesla founder Elon Musk tweeted today that Tesla has “diamond hands” by using the emoji for diamond and hands amid a meltdown in the global cryptocurrency market. Musk’s tweet could be interpreted as the company’s commitment to hold on to their Bitcoin position that the company took earlier this year with an investment of … Read more
By William Mathis and Lars Paulsson A trio of Jack Dorsey, Cathie Wood and Elon Musk are promoting the idea that Bitcoin mining can be good for the planet actually. That’s not exactly true. The basis of the idea is that mining crypto currencies uses a lot of power and can be deployed at any … Read more