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“#Musk says ‘Epic is right,’ takes sides in battle with Apple” Tesla Chief Executive Officer Elon Musk on Friday showed his support for Fortnite maker Epic Games that has challenged Apple’s fees on its App Store. “Apple app store fees are a de facto global tax on the Internet. Epic is right,” he said in a tweet….
“# MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2 ” Business intelligence and mobile software firm MicroStrategy has pledged to buy more Bitcoin despite reporting impairment losses of $424.8 million in Q2. This is only a paper loss however based on the price of Bitcoin at the…
“#Elon Musk bashes Apple, journalists and critics amid Tesla profits” Elon Musk slammed press coverage of Tesla crashes that may have involved its “autopilot” feature, pushed back on child-labor concerns and even took multiple digs at Apple after the electric car maker reported record results. Tesla late Monday released its second-quarter earnings, which showed that…
“# Tesla reports record $1B income for Q2 despite $23M impairment loss on BTC ” Electric vehicle and clean energy firm, Tesla, has reported $1.14 billion in net income for the second quarter. The firm’s July 26 earnings report showed that total revenue grew by 98% year on year (YOY) for Q2, increasing from $6…
“#Tesla cruises past estimates, reports electrifying quarter” Electric-car maker Tesla on Monday beat Wall Street expectations for second-quarter profit and revenue as record deliveries offset the impact of a prolonged global shortage of chips and raw materials. Shares of the world’s most valuable automaker closed up 2.2 percent, at 657.62, and rose to 667.01 in extended trading….
“#Grieving man uses AI site to ‘chat’ with dead girlfriend” A grieving Canadian man used pioneering artificial intelligence software to have life-like online “chats” with his girlfriend — eight years after she died. Joshua Barbeau, 33, told the San Francisco Chronicle how he paid just $5 to use a beta test of GPT-3, AI software…
“#Jeff Bezos offers $2B in incentives for NASA lunar lander contract” Blue Origin founder Jeff Bezos on Monday said his company will cover billions in costs if NASA will award it a contract to build a system to land astronauts on the moon. In a letter dated Monday to NASA administrator Bill Nelson, Bezos said…
“# Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2 ” Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets. Sentiment-driven analysis from The TIE and eToro USA…
“# BTC gains 15% in 3 hours amid tight squeeze ” The price of Bitcoin has surged more than 10% over just a few hours earlier today, with prices quickly surging from roughly $35,000 to tag just shy of $40,000 on July 26. Price action shows a violent short squeeze that occurred as prices broke…
“# The future of art? World-famous artists delve into NFTs ” For millennia, the world of art has remained unchanged for the most part. The tradition has always revolved around artists selling their work to museums, galleries, or individual collectors. In return, the artist would get a market value for their work which was often…