Elon Musk labels lockdowns ‘fascist’ as Tesla offsets automotive slump April 30, 2020 Outspoken Tesla chief executive Elon Musk labelled the US’ coronavirus lockdowns as “fascist” as the firm surprised investors with another profitable period of trading despite the current market disruption. Speaking on a conference call last night, Musk said that the measures posed a serious risk to Tesla’s business and said he did not know when [...]
Bitcoin hits $40,000, flips Tesla January 8, 2021 Crypto at a Glance The price of bitcoin continues to hit new highs, bouncing over $40,000 like Tigger on amphetamines before a sharp correction saw it crash $3,000 in less than an hour. You can’t keep a good cryptocurrency down, though, and the world’s oldest was soon back in action, springing back to around the [...]
Insurer RSA posts double-digit profit rise but expects £25m coronavirus hit May 7, 2020 FTSE 100 insurer RSA today said it expected its exposure from the coronavirus pandemic to total around £25m, with claims coming from travel, wedding and event cancellation insurance. The home, motor and commercial insurer had received around 25,000 claims on which it would pay out, of which around 23,000 were travel claims, it said in [...]
Total crypto market cap hits $1 trillion January 7, 2021 Crypto at a Glance It should get boring writing the same thing every day, but surprisingly typing out NEW ALL-TIME HIGH never really loses its thrill. Today though, it’s not just a new bitcoin all-time high ($37,000, see you later) – the total cryptocurrency market cap has surged past $1 trillion for the first time [...]
Bitcoin soars to over $35,000 for first time January 6, 2021 Crypto at a Glance If you thought the dip at the beginning of this week spelled the end of the bull market, you, my friends, were very much mistaken. This morning saw Bitcoin storm back to another new all-time high of over $35,000, charging through resistance like tanks through milk. This puts Bitcoin among the [...]
As Bitcoin pulls back, Ethereum hits three-year high January 5, 2021 Crypto at a Glance It was a turbulent day in the markets yesterday, with Bitcoin seeing a sharp retrace from $33,000 to $28,000 after Sunday’s new all-time high. The leading cryptocurrency by market cap managed to bounce back relatively quickly to over $31,000, where it has somewhat stabilised, but it could be a volatile few [...]
Exclusive: Ronan Keating sues Rupert Murdoch’s News UK in phone hacking claim May 1, 2020 Ronan Keating has filed a lawsuit against the owner of the Sun, becoming the latest celebrity to seek damages from Rupert Murdoch’s media empire over alleged phone hacking. The former Boyzone star has hired lawyers at specialist phone hacking firm Hamlins to file a claim against News Group Newspapers (NGN), part of Murdoch’s News UK. [...]
Elon Musk to face defamation trial over ‘pedo guy’ comments November 20, 2019 Tech billionaire Elon Musk will appear in court to face a defamation lawsuit after he referred to a British diver as “pedo guy” on Twitter. A Los Angeles judge today denied Musk’s request to throw out the case and ordered the trial to begin on 3 December. Read more: Brexit has cost Britain a Tesla [...]
Tesla to defend lawsuit alleging foreign workers were threatened with deportation October 3, 2018 A case filed against Tesla in California which alleges the firm knew foreign employees were threatened with deportation has been given the green light to go to trial. US federal judge Lucy Koh ruled Tesla must defend itself against two of seven claims, in which the plaintiffs argue foreign workers at its Fremont, California plant [...]
Uber awaits fate with London licence set to expire in just days November 22, 2019 Uber will find out at the start of next week if Transport for London (TfL) will grant it a new licence to operate in the capital. The ride-hailing company’s current licence is set to expire on Tuesday after TfL granted it a two-month permit in September following the expiration of probationary licence. Read more: Uber launches [...]