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Elon Musk Secured $1B Loan from SpaceX amidst Twitter Acquisition

Regarding SpaceX, Musk holds the title of the largest shareholder, with an impressive 42 percent stake. Elon Musk, the visionary entrepreneur known for pushing the boundaries of space exploration and electric vehicles, has once again captured headlines for his audacious financial moves. A recent report from the Wall Street Journal (WSJ) has revealed that Musk secured a substantial loan of $1 billion from SpaceX, around the same time he was finalizing the acquisition of Twitter Inc, which...

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Polestar to Launch ‘Mobile Phones on Wheels’: Plans to Integrate Electric Cars and Smartphones

Polestar is trying to create an experience where you can be using an app on your mobile phone and then continue with the app in your car. Polestar, a subsidiary of the Chinese automaker Geely, is preparing to begin production of its Polestar 4 electric cars this year, with a particular focus on the Chinese market. This shows the strategic move by the manufacturer to enter the Chinese market and its priority for technology and innovation. The Chinese market appears to be appealing due to...

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China Bans Officials from Using Apple iPhones at Work

This is not the first Chinese government ban on foreign technology. In 2014, the government banned Windows 8 from government computers, citing security risks. China is asking its central government officials not to use Apple iPhones and other foreign-branded devices for work. This was contained in a report by the Wall Street Journal. Before now, only officials in certain agencies could not use iPhones at work. However, it seems Beijing is stepping up its efforts to reduce dependence on...

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Evergrande Shares Jump 80% as Property Stocks Boost China’s Property Sector despite Country Garden’s Problems

Evergrande has seen an impressive spike in shares even though both the HSI and the property sector in China are still struggling. Chinese property developer Evergrande saw its shares jump 82% on Wednesday, outperforming other publicly listed companies on the Hang Seng Index (HSI). Evergrande shares closed at HK$0.640 after climbing 82.86%, according to data from MarketWatch. The company’s previous close was HK$0.350. In the last 5 days, Evergrande shares have climbed over 137%. However,...

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Coinbase Ups Its Debt Repurchase Bond Buyback Program to $180M

Coinbase has decided to increase the buyback cap to a substantial $180 million thereby leading to a notable surge in investor participation. On Tuesday, September 5, the world’s leading crypto exchange Coinbase announced that it is topping its debt buyback from $150 million previously, to now at $180 million. Thus, Coinbase is willing to buy back a larger number of its outstanding Notes than it unveiled previously. As per the announcement made on September 5, Coinbase has allocated $180...

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Freie Software vs. Open Source Software: Die Unterschiede

Open-Source-Software ist Computersoftware, die unter einer Lizenz veröffentlicht wird, in der der Urheberrechtsinhaber den Benutzern das Recht einräumt, die Software und ihren Quellcode an jedermann und für jeden Zweck zu nutzen, zu studieren, zu ändern und zu verteilen. In der Welt der Softwareentwicklung gibt es zwei Begriffe, die oft miteinander verwechselt werden: Freie Software und Open Source Software. Obwohl sie ähnliche Ziele verfolgen und...

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Die Ziele von Open Source Software

Open-Source-Software ist Computersoftware, die unter einer Lizenz veröffentlicht wird, in der der Urheberrechtsinhaber den Benutzern das Recht einräumt, die Software und ihren Quellcode an jedermann und für jeden Zweck zu nutzen, zu studieren, zu ändern und zu verteilen. Open Source Software (OSS) hat sich in den letzten Jahrzehnten zu einem wichtigen Bestandteil der Softwareentwicklung und -nutzung entwickelt. Doch was sind die Ziele von Open...

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Utzenstorf BE – Geldautomat aufgesprengt und mit Beute geflüchtet

In Castasegna im Kanton Graubünden wurde ein Bankomat gesprengt werden. (Bildquelle: Kantonspolizei Graubünden) In Utzenstorf wurde in der Nacht auf Dienstag ein Geldautomaten aufgesprengt und mit der Beute geflüchtet. Trotz sofortiger Fahndungsmassnahmen, konnte die Täterschaft bis jetzt nicht angehalten werden. Im Rahmen der Ermittlungen sucht die Kantonspolizei Bern Zeugen. Am Dienstag, 5. September 2023, kurz vor 02.10 Uhr, gingen bei der...

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SOL Price Analysis: Solana Bulls Aim Increase To $22

Solana price started a recovery wave above the $20.00 resistance against the US Dollar. The price is now trading above $20.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $19.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $20.50 and $20.80 to continue higher in the near term. Solana price is trading above $20.00 against the US Dollar, similar to Bitcoin....

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Bitcoin Price Analysis: BTC At Risk of More Downsides Below $25K

Bitcoin price started a fresh decline below the $26,800 level against the US Dollar. The price is now trading below $26,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $26,750 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could extend its decline toward the $24,500 and $24,000 levels. Bitcoin price is declining below $27,000 against the US Dollar. BTC might extend losses...

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