The company's first report
Coinbase shares rose after the company reported strong quarterly results amid rising bitcoin and other cryptocurrency prices. Coinbase said it will add Dogecoin to its platform within six to eight weeks.
Coinbas...
Tesla and cryptocurrency
Tesla CEO Elon Musk has announced that the company will no longer accept bitcoin to pay for the purchase of its electric vehicles because mining the cryptocurrency requires huge amounts of electricity generated from fossil f...
Tesla in China
Tesla shares fell after the release of data from the China Passenger Car Association on its sales in April. The media reports that Tesla is facing PR problems in the country and has also refused to buy la...
Leaving the project
Max Hodak, president of neural interface developer Neuralink, has announced his departure from the project he co-founded with Elon Musk. He posted about it on his Twitter page and added that he hasn't worked at the company for se...
New audio features
Facebook on Monday officially announced that it is preparing a number of new audio features for its main app and for Messenger, which include Live Audio Rooms-like Clubhouse audio chats, the creation of short e...
Japanese photography giant Nikon buys a controlling stake in the American startup Morf3D, which operates in the field of space engineering.
Nikon gets a seat on the company's Board of Directors, and also begins integrating its aerospace engineering ...
Payment in cryptocurrency
Visa has announced that it will allow USD Cion, a cryptocurrency backed by a dollar, to be used for payments on its payment network. Visa has partnered with Crypto.com, a cryptocurrency transaction platform.
The world's la...
US government bond market
US stock indices rose in early trading on Monday after falling last week.
For the week the Dow Jones and S&P 500 fell 0.5% and 0.8% respectively after rising for the previous two consecutive weeks. The Nasdaq fell 0.8%...
Delivering microsatellites into orbit
SpaceX intends to launch another 60 microsatellites into orbit for the Starlink network on 24 March.
"The Falcon 9 rocket is scheduled to launch from Cape Canaveral, Florida, at 04:58 US East Coast Time. This w...
A mind-reading bracelet
Facebook has demonstrated a prototype wristband that could make the use of smart glasses ubiquitous. Facebook has previously promised to launch its Orion smart glasses between 2023 and 2025. The technology could replace smart...
COVID-19 at Tesla factory
Musk restarted operations near San Francisco last May, despite a quarantine imposed by state authorities. He was supported by former President Trump. After that, a COVID-19 ...
Elon Musk's fortune
Earlier, the entrepreneur's fortune in terms of his ownership stake in Tesla had fallen by $27bn.
Shares in the Tesla company owned by Elon Musk continue to rise significantly in trading on Wednesday, boosting the entrepreneur's...
Production expansion
Albemarle, the world's largest lithium producer, plans to expand its production capacity amid expectations of strong growth in global demand in the coming years, including GM and Ford's switch to electri...
Covid-19 immunity study
In total, more than 4,000 company employees were tested. The authors of the study, which included the founder of SpaceX, concluded that a certain level of antibodies could provide longer-lasting immunity.
SpaceX has conducte...
Cryptocurrency regulation
The adoption of bitcoin by big companies requires clear regulations to be implemented as soon as possible, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce told Reuters in an interview.
In her view, a...
Satellite internet service
Elon Musk's private company SpaceX has moved from beta testing its Starlink satellite internet service to a wider launch. Residents in the US, Canada and the UK can now pre-order the satellite internet service from the Sta...
The world's richest people
In recent years, the shares of famous companies are rising, and the owners of these companies are getting richer, respectively.
The fortune of Elon Musk, head of Tesla and SpaceX, rose by $11.5 billion over the week amid ...
Elon Musk's toy
Elon Musk's flamethrower was released in a limited edition in 2018. As it turned out, owning such a dangerous device could be classed as a crime: it managed to have a bad effect on the fate of many people who bought it.
When the fir...
Rising shares by mistake
"Use Signal", wrote Elon Musk on 7 January. Shares in Signal Advance rose 527 per cent on Thursday and another 91 per cent on Friday, climbing from $0.6 to $7.19. Prior to that, little was known about the small company. Acco...
Mars repopulation
Last year, the entrepreneur had already declared his readiness to sell all his assets. Explaining his decision then, Musk said: "Property just drags you down". The media linked such plans of the businessman to his move to Texas.
S...
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