Bitfront cryptocurrency exchange shuts down

Cryptoverse: Let's talk DEX, baby

Nov 28 (Reuters) – Bitfront, a US cryptocurrency exchange backed by Japanese social media firm Line Corp, said it had suspended new sign-ups and credit card payments and would cease operations in a few months, despite efforts to overcome the challenges in the rapidly changing industry. “However, despite our best efforts…we have regretfully decided that … Read more

Tesla electric vehicles ranked among the worst in Consumer Reports’ annual reliability survey

Tesla electric vehicles ranked among the worst in Consumer Reports' annual reliability survey

Nov 15 (Reuters) – (This Nov. 15 story corrects the headline to say Tesla electric vehicles are ranked “among the worst,” not “the worst.” The story was previously corrected to remove the Mercedes reference in the headline and in paragraph 1, full-size choice- trucks in paragraph 1) Electric vehicles (EVs) from Tesla Inc (TSLA.O) and … Read more

Musk’s late nights on Twitter raise concern for Tesla investors

Musk's late nights on Twitter raise concern for Tesla investors

SAN FRANCISCO, Nov 15 (Reuters) – In 2018, Elon Musk worked late nights and slept at Tesla Inc’s (TSLA.O) plants in California and Nevada as the company struggled to ramp up Model 3 production. On Monday, Musk said he had been working all night at Twitter’s San Francisco headquarters and would continue to “work and … Read more

The collapse of the FTX is under scrutiny by investigators in the Bahamas

The collapse of the FTX is under scrutiny by investigators in the Bahamas

Nov 13 (Reuters) – The collapse of FTX is being scrutinized by investigators in the Bahamas, who are looking into whether “criminal drills have occurred,” the Royal Bahamas Police said Sunday. FTX filed for bankruptcy on Friday, one of the highest-profile crypto blasts, after traders rushed to withdraw $ 6 billion from the platform in … Read more

Musk tells Twitter staff: Failure is not out of the question: Platform

Musk tells Twitter staff: Failure is not out of the question: Platform

Nov 10 (Reuters) – Twitter owner Elon Musk told employees on Thursday that he is unsure of how long the company has and that bankruptcy is not out of the question, the chief editor of the technology newsletter Platformer tweeted. Musk is attending an open meeting with Twitter employees, a source told Reuters. Twitter did … Read more

FTC Watching Twitter Security Executives Comes With “Deep Concern”

FTC Watching Twitter Security Executives Comes With "Deep Concern"

Nov 10 (Reuters) – The US Federal Trade Commission on Thursday said it was watching Twitter with “deep concern” after the social media platform’s top privacy and compliance officers stepped down, potentially putting them at risk of hacking. regulatory orders. On Thursday, the company’s chief security officer Lea Kissner said in a tweet that she … Read more

Musk sells Tesla stock worth $ 3.95 billion days after the Twitter acquisition

Musk sells Tesla stock worth $ 3.95 billion days after the Twitter acquisition

Nov 8 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk sold 19.5 million shares of the electric vehicle maker worth $ 3.95 billion on Tuesday, according to filings in the United States, just days after completing the $ 44 billion acquisition of Twitter Inc. Musk, the richest man in the world, had about $ … Read more

Cryptoverse: Elon Musk frees the bird and the dog’s coin flies

Cryptoverse: Elon Musk frees the bird and the dog's coin flies

SINGAPORE, Nov 8 (Reuters) – This is no joke. The acquisition of Twitter by Elon Musk has brought new wind in the sails of dogecoin, the cryptocurrency meme that has catapulted to fame. Dogecoin’s price doubled after the Tesla tycoon completed the $ 44 billion deal. It was trading around $ 0.07 on October 27 … Read more

As the yen plummets, gadget-loving Japan chooses second-hand iPhones

As the yen plummets, gadget-loving Japan chooses second-hand iPhones

TOKYO, Nov 8 (Reuters) – Japanese shoppers have been eagerly shelling out the latest gadgets for years, but now a falling yen has put new iPhones out of reach for some and sparked a growing second-hand trade in an important market for Apple Inc (AAPL. O). The drop in the Japanese currency to a 32-year … Read more

Buffett’s Berkshire loses money as stocks and Hurricane Ian offset the growing demand

Buffett's Berkshire loses money as stocks and Hurricane Ian offset the growing demand

Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) posted a $ 2.69 billion loss in the third quarter on Saturday as rising inflation, falling equity investments and a large loss caused by Hurricane Ian offset the improvement in many of the conglomerate’s activities. However, operating profit increased by 20%, exceeding analysts’ forecasts. Berkshire … Read more