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21 Results / Page 1 of 3

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News

FTX: Collapsed crypto giant recovers $5bn of assets – BBC

FTX: Collapsed crypto giant recovers $5bn of assets  BBCFTX Advisers Have Found $5 Billion Cash or Sellable Crypto  Bloomberg Markets and FinanceFTX Says It Has Located More Than $5 Billion in Cash, Liquid Assets  The Wall Street JournalFTX begins latest bankruptcy proceeding, $5 billion in assets recovered  Yahoo FinanceFTX has recovered $5 billion worth of 'liquid' assets, lawyers say  CNBCView Full Coverage on Google News Source link

todayJanuary 11, 2023

Business

Jack Ma to give up control of fintech giant Ant Group – BBC

Jack Ma to give up control of fintech giant Ant Group  BBCJack Ma, the billionaire founder of Alibaba who disappeared from public view in 2020, appears to resurface in Thailand as he prepares to give up control of his company  Yahoo NewsChinese billionaire Jack Ma to give up control of Ant Group | International News | China | Top News  WIONJack Ma got the trouble that was coming to him  Nikkei AsiaJack Ma to […]

todayJanuary 8, 2023

News

Tesla Mega packs, giant hydrogen tank: Panasonic’s new climate factory

As a bullet train speeds by in the background, a liquid hydrogen tank towers over solar panels and hydrogen fuel cells at Panasonic's Kusatsu plant in Japan. Combined with a Tesla Megapack storage battery, the hydrogen and solar can deliver enough electricity to power the site's Ene-Farm fuel cell factory.Tim HornyakAs bullet trains whiz by at 285 kilometers per hour, Panasonic's Norihiko Kawamura looks over Japan's tallest hydrogen storage tank. […]

todayDecember 11, 2022

Business

Elon GOAT Token brings giant Musk statue to Tesla factory in Austin

Comment on this storyCommentPeople recently driving around in Austin might have seen Elon Musk.But not the real person. Instead, they may have seen a sculpture of Musk’s head atop the body of a goat riding a rocket, all attached to a trailer.Complete with what appear to be flames that shoot from the rocket, the statue was commissioned by the cryptocurrency company Elon GOAT Token. The company was delivering it to […]

todayNovember 26, 2022

News

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave – source

Foxconn Zhengzhou plant's Nov shipments to fall further - sourceWorker unhappiness at plant escalated into protests this weekOver 20,000 workers, mostly new recruits, have left - sourceTAIPEI, Nov 25 (Reuters) - Foxconn's (2317.TW) flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of […]

todayNovember 25, 2022

Featured

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave -source

By Yimou LeeTAIPEI (Reuters) - Foxconn's flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees left the site.The company could now see more than 30% of the site's November production affected, up from an internal estimate of up to 30% when […]

todayNovember 25, 2022 1

Business

Tech Giant Aims to Cut Ties With Russia – The New York Times

Tech Giant Aims to Cut Ties With Russia  The New York TimesRussian tech giant wants out of the country as Ukraine war rages on  InsiderRussia's Yandex seeks Putin's approval for restructuring - FT  ReutersYandex seeks Putin approval for restructuring plan  Financial TimesRussia's ongoing invasion of Ukraine is pushing out one of Russia's biggest tech giants  msnNOWView Full Coverage on Google News Source link

todayNovember 24, 2022

News

Tesla Stock On Track For Its Worst Year Ever As Elon Musk’s EV Giant Faces 4 Big Headwinds

Tesla (TSLA) has been a monster stock over much of its history, especially from its stratospheric run from mid-2019 to late 2021. But in 2022, Tesla stock has been a big loser, on track to plunge nearly 52% as of Nov. 22. X That would easily surpass 2016's 11% fall, the only other annual decline since Tesla stock came public in 2010. The sell-off has intensified, with the EV giant […]

todayNovember 22, 2022

News

Customers who trusted crypto giant FTX may be left with nothing

New York CNN Business  —  As the dust settles from one of the most shocking financial implosions in history, one of the key unknowns is how much customers who can’t access their money expect to get back from FTX, the crypto exchange that filed for bankruptcy last week. The answer, according to legal experts, may be zero. Before its unraveling, FTX.com marketed itself as a safe-for-beginners destination for buying and […]

todayNovember 14, 2022

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