Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to open slightly higher after 7 straight weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 13, 2022. Brendan Mcdermid | Reuters US…
Tag: Elon Musk
After the ‘hippie’ bus and Beetle, VW makes eyes at America once again
As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it represents an opportunity for the German auto giant to “become much more American.” VW announced plans to re-launch the Scout as a fully-electric pick-up and “rugged” SUV last Wednesday, with prototypes due…
Lithium’s vital role in the energy transition sends prices to record highs. how to play it
The all-electric future, where homes, cars and buildings run on clean energy, depends on a host of raw materials, but perhaps one more than the rest: lithium. Prices for the key metal have shot up over the last year as projections suggest demand is going to vastly outstrip supply. On one side there’s automakers promising…
Amazon just booked up to 83 rockets to launch its own satellite internet constellation
New York CNN Business — Three NASA astronauts and a European astronaut are returning home from the International Space Station, capping off their six-month mission during which they worked alongside Russian cosmonauts and hosted the first all-private crew to visit the orbiting outpost. The agreement includes two veteran rocket builders — United Launch Alliance, which…
What is ‘Web3’? Gavin Wood who invented the word gives his vision
Computer scientist Gavin Wood coined the term “Web 3.0” in 2014, laying out his vision for the future of the internet. The phrase, also shortened to “Web3,” has become an internet buzzword recently with high-profile technologists, including Twitter founder Jack Dorsey and Tesla CEO Elon Musk, debating the meaning of the term. Wood, who is…
Elon Musk picks holes in Twitter algorithm, offers 3 steps; Jack Dorsey says… | worldnews
Elon Musk’s Twitter deal has been paused but the multi-billionaire has not stopped tweeting about Twitter and for one of those tweets where he revealed the sample size of a bot check, Elon Musk also received a call from Twitter’s legal team. Tesla CEO Elon Musk whose $44-billion deal to acquire Twitter has temporarily been…
Twitter CEO says Elon Musk’s big buyout could be reversed
in to series of tweets sat out on Friday, Twitter CEO Parag Agrawal revealed that Elon Musk’s deal to purchase the company could fall through. A lot has happened over the past several weeks. I’ve been focused on the company and haven’t said much publicly during this time, but I will now. — Parag Agrawal…
Elon Musk has wrong approach to count fakes, spam on Twitter: experts
Tesla CEO Elon Musk sent Twitter shares tumbling on Friday when he said he was going to put his $44 billion acquisition of the social network “on hold” while he researched the proportion of fake and spam accounts on the platform. Though Musk later clarified that he remains committed to the deal, he continued to…
As Musk buyout looms, Twitter searches for its soul
SAN FRANCISCO (AP) — A toxic cesspool. To lifeline. A finger on the world’s pulse. Twitter is all these things and more to its over 217 million users around the world — politicians, journalists, activists, celebrities, weirdos and normies, cat and dog lovers and just about anyone else with an internet connection. For Elon Muskits…
Amazon takes on SpaceX in the satellite internet with Project Kuiper
Amazon has a plan to deliver internet from space using 3,236 small satellites in low Earth orbit. It’s called Project Kuiper. In April, the company signed a multibillion-dollar contract — the largest rocket deal in the history of the commercial space industry — for launches of its Kuiper satellites with three different entities: Jeff Bezos’s…