Shares of Twitter slumped 7% on Monday, on course to knock off about $2.5-billion from the market value of the company, after it permanently suspended the account of US President Donald Trump.
Author: Agency Staff
Samsung Electronics rose the most in almost 10 months after Intel was said to be considering asking the South Korean giant and TSMC to make some of its most sophisticated chips.
The white-knuckle bitcoin ride took another twist on Monday as a two-day tumble in the digital currency stoked concern that the polarising cryptocurrency boom may run out of steam.
Restrictions on social media app Parler underscore how technology companies have increasingly been held accountable for the potential consequences of what happens on their services.
The Signal and Telegram messaging apps are seeing a sudden increase in demand after larger rival WhatsApp’s updated terms of service raised eyebrows on social media.
Bitcoin jumped more than 5% on Friday to fresh record highs of $41 530, reversing losses from earlier in the session. It has now rallied nearly 1 000% since a low in March.
If Apple is going to make a success of its car project, it has to target the $230-billion luxury automobile market. But displacing 125-year-old incumbents like Mercedes-Benz won’t be straightforward.
Hyundai said on Friday it was in early talks with Apple after a domestic broadcaster said the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%.
Elon Musk, the outspoken South African-born entrepreneur behind Tesla and SpaceX, is now the richest person on the planet.
The total market value of cryptocurrencies surpassed $1-trillion for the first time on Thursday amid a frenzied and volatile rally in bitcoin to yet another record.