China’s BYD overtakes Tesla’s electric car sales in last quarter of 2023

Anthony Scaramucci, founder and CEO of SkyBridge Capital, said Thursday that the U.S. Securities and Exchange Commission’s approval of the first spot bitcoin exchange traded funds should be viewed as a watershed moment for bitcoin. Speaking to CNBC’s Arjun Kharpal in the Swiss ski town of St. Moritz, Scaramucci said his New York-based hedge fund unexpectedly…

The question of how you solve a problem like Elon Musk has crossed the line from an amusing little parlor game to an issue with serious implications for anyone doing business with him, including major corporations and the U.S. government. Little that Musk says or does escapes popular notice, but a tweet he posted Wednesday…

Technology 01 December 2023, 4:40 am 1 minute Reuters reported that Google (GOOGL.O) has called on Britain’s antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices had left rivals at a significant disadvantage. Market Impact In 2022, Amazon Web Services (AWS) and Microsoft’s Azure had a combined 70-80% share of Britain’s public…

EconomyTechnology 23 November 2023, 1:46 pm 1 minute Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a…

In December 2020, astronomers documented a burst of highly energetic light in one of the most distant galaxies ever observed. But less than a year later, the paper’s claims lay in limbo. Other scientists said it had merely been a passing satellite. “I was a bit sad that the gamma ray burst turned out to…

In October, TikTok Shop shut down in Indonesia to comply with new rules in South East Asia’s biggest economy.