German court bans Tesla ads over self-driving claims July 14, 2020 Germany has banned Tesla from repeating what a court says are misleading statements relating to its driver assistance systems and autonomous driving. The case was brought by Germany’s Wettbewerbszentrale, an industry sponsored body tasked with policing anti-competitive practices. Tesla can appeal the Munich court’s ruling. The court agreed with the industry body and banned Tesla [...]
Tesla cracks revenue record and beats estimates, shares take off October 21, 2020 Tesla on Wednesday reported its fifth consecutive quarterly profit on record revenue of $8.8bn (£6.7bn), boosted by an uptick in vehicle deliveries and sales of environmental regulatory credits to other automakers. The electric car maker also affirmed its target to deliver half a million vehicles by the end of this year, a goal that will [...]
“DinoBanking”- Prehistoric U.S. Legacy Banking August 3, 2021 U.S. banking is primitive. It forces some to write checks in this day and age. Yet some politicians and paid lobbyists are doing everything they can to kill off the vastly superior platforms of DeFi through onerous regulations. Typical banks and credit unions offer no ACH transfer, no automatic payroll. The check can’t be too [...]
Are politicians tech-savvy enough to tackle social media giants? February 22, 2021 The news has been full of tech stories in what little we’ve seen of 2021: Facebook’s decision to ban news content on its site in Australia, Google’s threat to withdraw its service altogether from Australian users in light of legislation which would oblige tech platforms to pay for news, and Twitter’s intervention by suspending former [...]
Ethiopia overhauls its education system with IOHK blockchain partnership April 27, 2021 Global blockchain specialist IOHK has partnered with the Ethiopian government to overhaul the nation's education system.
Tesla to pay Musk $1m for lawsuit insurance policy July 1, 2020 Tesla has said it plans to bring an end to an unusual insurance arrangement with its chief executive, which safeguards its board members against lawsuits, after a final payment of $1m. Tesla’s chief executive Elon Musk has been personally indemnifying the firm’s board, after he said in April that he believed insurance premiums from other [...]
Fair regulation would prove to be a bullish thing for cryptocurrency July 20, 2021 Whether inside or outside the Metaverse, when you steal from the rich and give to the poor, the economy collapses, argues Dr Chris Kacher.
Bitcoin price tests $50,000 high as corporate adoption boosts legitimacy February 15, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved from around $39,000 to test a new all-time high near the psychological $50,000 mark. It has since correctly slightly to trade at $47,500 at press time. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week near $1,700 and moved up to a new all-time [...]
Spitting Image unveils puppets of PM and Cummings ahead of relaunch August 5, 2020 Spitting Image has unveiled its puppets of Boris Johnson and his chief adviser Dominic Cummings ahead of its return in the autumn. The show, which will relaunch after 24 years, was made famous in the 1980s for its mockery of politiians. Read more: Spitting Image to return after 24 years following Britbox commission It will [...]
Mudge: Why has Twitter just hired a world-famous hacker? November 17, 2020 Twitter may have been awash with excitement about its new disappearing Fleets service, but behind the scenes there were other clandestine matters underway today. The social media platform said it had hired Mudge, one of the world’s best-regarded hackers, to the new position of head of security. The appointment comes at a crucial time for [...]