China develops machines to track data sent abroad by cars
China, the world's biggest vehicle market where regulators are implementing new rules on data protection, is developing machines that will be able to track data sent abroad by cars, a…
Cathie Wood is more optimistic than pessimistic about China
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…
The electric vehicle boom is pay-dirt for factory machinery makers
The investment surge by both new and established automakers in the electric vehicle market is a bonanza for factory equipment manufacturers that supply the highly automated picks and shovels for…
SpaceX founder Elon Musk says Starship orbital stack to be ready for flight in few weeks
SpaceX founder Elon Musk said on Saturday the first orbital stack of the Starship rocket should be ready for flight in the coming weeks, taking the unorthodox billionaire a step…
Panasonic nets $3.6 bn by selling entire stake in Tesla
TOKYO: Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company…
Elon Musk good for Bitcoin even on down day: Binance.US CEO
By Sonali Basak The leader of one of the largest crypto exchanges in the U.S. sees Elon Musk’s impact on the industry as a positive -- even on a bad…
Elon Musk sends bitcoin tumbling with shock u-turn on payments
Tesla Inc.’s Chief Executive Officer Elon Musk said the electric-vehicle manufacturer is suspending purchases with Bitcoin, triggering a slide in the digital currency. In a post on Twitter Wednesday, Musk…
Enjoy bizarre Dogecoin party till it all goes very wrong
By Jared Dillian I’ve been either investing or writing about investing for 22 years, and I’ve seen a lot of weird stuff, but nothing as weird as Dogecoin, the lighthearted…
Bitcoin rallies to all-time high as traders eye Coinbase listing
By Eric Lam and Yakob Peterseil Bitcoin jumped to an all-time high as the mood in cryptocurrencies turned bullish ahead of Coinbase Global Inc.’s listing this week. The token rose…
Bitcoin hits record high of $62,575
LONDON: Bitcoin hit a record of $62,575 on Tuesday, extending its 2021 rally to new heights. The world's biggest cryptocurrency has more than doubled in price this year amid growing…