Surprise! Bitcoin is getting no love from two of the world’s wealthiest men. “I would short if there was an easy way to do it,” Bill Gates said on Monday in an interview on CNBC. Gates said he had previously
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Berkshire Hathaway bought an additional 75m shares of Apple in the first quarter, while dumping its remaining stake in IBM, chairman Warren Buffett said in a CNBC interview. The Apple purchase, which would have
Facebook has been conducting market research in recent weeks to determine whether an ad-free version paid by subscriptions would spur more people to join the social network, according to people familiar with
A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, Volkswagen has said it was writing a cheque for batteries that almost match Tesla’s entire market value. VW has awarded
The earnings report started optimistically enough, with Elon Musk forecasting an end to Tesla’s cash-burning days after blazing through another $1bn last quarter. But by the end of Tesla’s first-quarter conference call, Musk
Cambridge Analytica, the data-mining firm embroiled in the scandal over its work for US President Donald Trump’s 2016 campaign, said it’s shutting down all operations effective immediately. The firm said on Wednesday
Elon Musk started Tesla with a goal of accelerating the switch to electric cars by about a decade. That wish is now catching up with him. Starting with Jaguar’s I-Pace crossover and later this year Audi’s Q6 e-tron, virtually every
Apple reported revenue and profit that beat analysts’ estimates and projected continued sales momentum, calming concern about demand for the iPhone, its most important product. The Cupertino, California-based
Jan Koum’s exit from Facebook could prove costly. A speedy departure may prevent him from collecting as much as $1bn in stock awards (R12.6bn at the time of writing). The CEO of messaging unit WhatsApp
WhatsApp founder and CEO Jan Koum is leaving Facebook, just a few years after his messaging app was acquired by the social media giant for $22bn. With Koum’s departure, Facebook loses one of its