Tag Archives: Business News

Recently, Tesla CEO Elon Musk suggested that the new Tesla pickup truck will be available most likely by November. Now, Musk has made another promise about the Model S, Model X and Roadster Tesla Productions in the future. Musk tweeted that “the only thing beyond Ludicrous is Plaid”, suggesting that the new models will have a much stronger and impressive performance range than the current Ludicrous.In a separate tweet, Musk gave further details, however vaguely, about the “Plaid powertrain”...

McDonald’s (MCD) is one of the oldest and most popular fast food restaurant chains in the world and as with any other establishments that have been around as long, the company is constantly seeking ways to improve its service and the experience it gives customers. The 79-year-old restaurant has now announced the acquisition of Apprente, in a bid to improve its service using automated voice commands.Founded in 2017, Apprente is a Silicon Valley startup which focuses on the use of artificial...

Over the years, many investors have used several different methods and strategies, to ensure they have a strong enough position in the stock market. One sure way that pretty much guaranteed a significant passive income, was to buy FAANG (Facebook, Apple, Amazon, Netflix and Google/Alphabet) stocks and just watch them grow, as they are wont to do.This method has driven not just profits, but a generally positive sentiment among investors for a few years. However now, it seems those glory days...

U.S. Stock Exchange Nasdaq has announced the listing of a new index that offers “real-time” tracking of blockchain projects within the decentralized finance (DeFi) segment. Dubbed as Defix, the index will track blockchain projects like MakerDao, Augur, Gnosis, Numerai, 0x and Amoveo.As per the official press release, the London-based Exante brokerage helped to launch Defix. Nasdaq has listed this Index under the ticker DEFX, which can also be tracked on Google and TradingView along with a...

After months of anticipation and speculation, Apple finally revealed the latest features at the Steve Jobs Theater.Tim Cook started with Apple TV + and said that first shows will be available on November 1 and there will be Apple originals every month in more than 100 countries at large. The price will be $4.99 per month for the whole family but users will get one year of Apple TV + for free.Long-awaited iPhone 11However,  the most interesting part was a hotly-anticipated presentation of new...

Prolific Billionaire Jack Ma has stepped down as Chairman of Alibaba. After twenty years which has seen one of the biggest technology giants come from zero to hero, Ma has been one of the defining icons of the technology industry since the early days when no one thought that technology would be either this big or go this far in defining the human existence.He would remain on the board until the next Shareholders Annual General Meeting when it is expected that he will step down from the board...

Last week we wrote of how Telegram’s blockchain project, TON, has entered the last preparation stage before going live. The code for running a blockchain node was released on the test network and this (or the next) month is expected for the company to finally launch TON.However, it seems that the go-to marketplace for the new Gram tokens could be an emerging exchange with somewhat of 4,000 users.If it’s to believe Blackmoon Crypto, this small, Cayman Islands-registered exchange might be right...

You could say Warren Buffett is loaded for bear. The “Oracle of Omaha” says he’d like to make permanent investments in U.S. companies with decent long term prospects, but not while the U.S. stock market is so overpriced. Maybe he should buy Bitcoin instead.Buffett Pines for ‘Elephant-Sized’ AcquisitionIn his 2019 annual letter to Berkshire shareholders, Buffett wrote:“In the years ahead, we hope to move much of our excess liquidity into businesses that Berkshire will permanently own. The...