Tesla CEO Elon Musk claims his new Cybertruck already has 250,000 orders November 27, 2019 Elon Musk has suggested that his unorthodox new electric pickup truck has already received a quarter-of-a-million orders since its unveiling last week. The so called Cybertruck, made by Tesla, has caused a stir in the automotive industry since its launch on Thursday, with its unconventional shape and hefty $39,900 price tag making it a target [...]
Probe: Richard Branson’s Virgin Galactic space flight ‘deviated’ September 2, 2021 US regulators have launched a probe into Sir Richard Branson’s flight to the edge of space after the Virgin Galactic SpaceShipTwo vehicle deviated on return to Earth. The billionaire businessman became the first owner-astronaut to take part in a mission when taking off in July, which he hailed as an “experience of a lifetime”. But [...]
The UK created the World Wide Web, now it can lead the race for an ‘internet for money’ October 18, 2022 The development of CBDCs represents an opportunity for the UK to re-establish itself as the financial centre of the world, says Paul Sisnett.
Crypto exchanges glitch on bitcoin bounce after Tesla’s $1.5bn investment February 8, 2021 Cryptocurrency exchanges were battling technical issues this evening as trading volumes soared following the announcement that Elon Musk’s Tesla had invested $1.5bn in bitcoin. The electric carmaker said it had bought Bitcoin for “more flexibility to further diversify and maximise returns on our cash.” Elon Musk’s company added it may invest a future portion of [...]
US investigates leaked records alleging billionaires including Musk and Bezos pay little tax June 9, 2021 The Treasury Department has asked authorities to investigate tax records cited in a media report that showed some of America’s richest people paid little to no income taxes. US media outlet ProPublica said it obtained a “vast trove of Internal Revenue Service data” on the tax returns of thousands of the nation’s wealthiest people, covering [...]
Bitcoin recovers ground to touch $40k after crypto crash May 20, 2021 Bitcoin today recovered some ground after sliding to a four-month low in the previous session. The cryptocurrency shot up 8.75 per cent to touch $40,000 after plummeting 14 per cent yesterday to its lowest since January. However, Bitcoin’s rebound was weighed down by concerns over tighter regulation in China. The decline came after a statement [...]
Business of Space: Big decisions for satellite giants – to merge or to share? June 24, 2022 City A.M.’s Millie Turner offers up a roundup of the most important news across the space industry, every Friday. Inmarsat prepares for rival takeover SpaceX and OneWeb pledge cooperation NASA’s Artemis programme heads for major test Inmarsat: Nearly over the dotted line British satellite darling Inmarsat is getting increasingly closer to a successful takeover by US rival Viasat, as pressure [...]
Beyond Bond: Driving the new Aston Martin DB12 through Austin Texas December 4, 2023 We head to Austin to drive the new Aston Martin DB12 and meet the man with the brand’s real licence to thrill.
Bruised Bitcoin heads into an uncertain weekend May 21, 2021 The Bitcoin price has taken a battering this week, but is a comeback on the cards this weekend?
General Motors could be the next big car manufacturer to accept Bitcoin March 26, 2021 Vehicle manufacturing behemoth General Motors is being tipped as the likely car producer to follow in the footsteps of Tesla and accept Bitcoin as payment.