Tesla added “Technoking of Tesla” to billionaire CEO Elon Musk’s list of official titles on Monday in a formal regulatory filing that also named finance chief Zachary Kirkhorn “Master of Coin”.
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While Volkswagen is one of the largest car producers, it’s now pitted against companies that have routinely disrupted industries, casting former leaders aside in the process.
Digital payments company Stripe raised $600-million in its latest round of funding, valuing it at $95-billion, the company said in a statement on Sunday.
Bitcoin consolidated around US$60 000 on Monday, taking a breather from the weekend’s record high as investors prepared for inflation worries…
Pony Ma’s Tencent Holdings has been put on notice. Asia’s largest conglomerate was censured by China’s antitrust watchdog on Friday as Beijing expands a crackdown that began with Jack Ma’s online empire.
China has blasted US President Joe Biden’s administration for imposing new restrictions on national tech champion Huawei Technologies, saying the US “isn’t a reliable country that is to be trusted”.
Qualcomm is struggling to keep up with demand for its processor chips used in smartphones and gadgets, as a chip shortage that first hit the car industry spreads across the electronics business, sources said.
Tim Berners-Lee, the inventor of the World Wide Web, has said the dominance of Internet giants is a “fad” that does not have to endure.
The Biden administration this week amended licences for companies to sell to China’s Huawei Technologies, further restricting companies from supplying items that can be used with 5G devices, sources said.
Apple’s stock could reach a market capitalisation of $3-trillion (R45-trillion), analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone.