Tesla (TSLA) Insiders are Not Buying Elon Musk’s Robo-Taxi Pipe Dream

2020 is almost here and Tesla’s robo-taxis are MIA. Insiders have been dumping stocks hand over fists with Elon Musk being the only significant buyer. Falling R&D spending means robo-taxis will definitely not hit the markets in 2020. It has been roughly seven months since Elon Musk spearheaded a $2.7 billion capital raise at Tesla […]

Continue Reading

Ford’s Electric Mustang Mach-E Is Terrible News for Tesla

Ford’s new Mustang Mach-E is positioned against the Tesla Model Y. Both cars have similar features, but Ford enjoys a huge price advantage. The arrival of competitors threatens the profitability of Tesla. Elon Musk has never been afraid of competition. In fact, he has stated on multiple occasions that the mission of Tesla is “to […]

Continue Reading

Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit

Crypto exchange Bittrex is being sued over a SIM swap that netted criminals 100 bitcoin, currently worth nearly $1 million. The case resembles other recent high-profile heists in which a hacker seizes control of a victim’s cell phone to then loot online crypto accounts: the swap was from cellular carrier AT&T, money was taken from […]

Continue Reading

Ripple Invests in Biometric Cybersecurity Startup’s $2.2 Million Round

Cybersecurity startup Keyless has raked in $2.2 million in seed funding to expand a security product that unlocks access to users’ private keys with encrypted biometric data. The London-based firm claims to be the first in the world to combine biometrics with cryptography and has attracted investors like venture fund gumi Cryptos Capital, which led […]

Continue Reading

Cash App Is About to Get Gen Z Investing in the Stock Market

Cash App just dropped a bombshell new feature in a video announcement on Twitter, Cash App Investing. Users can now invest their cash in stocks using the app. That would be remarkable in itself, but it’s so much bigger than that. Square Payments isn’t merely joining the roster of other stock trading services like Robinhood […]

Continue Reading

Warren Buffett Made Sexual Comments Like Ken Fisher’s for Decades

Billionaire money manager Ken Fisher’s balance sheet is nearly $2 billion lighter than it was last month, all because he joked about sex on stage at a business conference. But maybe it’s his clients and our politically correct culture that need to lighten up. Fellow billionaire investor Warren Buffett has drawn similar sexual analogies to […]

Continue Reading

Ford Test Driving Blockchain for Energy-Efficient Vehicles

Ford is giving a little more road to a blockchain pilot program aimed at improving fuel efficiency. On Tuesday, the auto-giant said it will use blockchain to monitor and automatically implement fuel efficient driving modes for a fleet of vehicles in Cologne, Germany. This is part of a wider pilot program also happening in London and […]

Continue Reading

This $23,000 Debit Card Is Your Solid-Gold Ticket to ‘Limitless Spending’

This week Mastercard (NYSE:MA), Accomplish Financial, and the Royal Mint have come together to bring social climbers everywhere an exclusive card that’s accessible to anyone who can scrape the cash together. The card is made of 18 karat gold and costs £18,000 (~$23,000) when you open a Raris account. According to Raris’ Instagram page, only […]

Continue Reading

Samsung-Backed Blocko Launches in UAE After Dubai Blockchain Push

Blocko, the South Korean enterprise blockchain provider backed by Samsung, has launched in the UAE after raising funding in Asia Pacific and Europe, the company said. In April 2018, the Dubai government announced the Emirates Blockchain Strategy 2021, where the UAE government will migrate 50 percent of its transactions – such as visa applications and bill […]

Continue Reading