Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric car maker’s backing of bitcoin could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year.
Author: Agency Staff
Apple has partnered with Taiwan Semiconductor Manufacturing Co to develop micro OLED displays, which it plans to use in its upcoming augmented reality devices, according to a report.
South Africa should speed up its vaccination programme and implement economic reforms to avoid further damage after virus restrictions pushed business confidence to a 35-year low in 2020, according to a local commerce group.
Elon Musk’s decision to invest US$1.5-billion of Tesla’s cash in bitcoin is financial dynamite that unites two speculative bubbles. There’s plenty to suggest the move is inadvisable
Apple’s iPhone 12 mini sales are a tiny fraction of overall sales, indicating signs of muted demand for the new, smaller version of its flagship device and a demand among consumers for bigger handsets.
TSMC said on Tuesday it would raise nearly $9-billion from the debt markets to help fund expansion and spend around $178-million to open a Japanese material research subsidiary.
Apple has a “clear opportunity” to offer a buying and selling mechanism for cryptocurrencies, according to a research report on Monday from RBC Capital Markets.
Bitcoin hit a fresh record above $47 000 on Tuesday after Tesla’s announcement of a $1.5-billion investment in the largest cryptocurrency.
Huawei Technologies’ founder said on Tuesday he was confident that the Biden administration would bear in mind US business interests when forming its policy towards the Chinese technology giant.
Tesla said on Monday it had invested about $1.5-billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the near future. The cryptocurrency surged to a new record high.