technology

Tesla Shanghai production lags due to parts shortages

Tesla Shanghai production lags due to parts shortages

Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. US electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. ding ting | Xinhua News Agency | Getty Images Tesla reduced vehicle production …

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Coinbase Stock Keeps Sliding After Earnings Report

Coinbase Stock Keeps Sliding After Earnings Report

The biggest cryptocurrency exchange in the US said it was bleeding users, reflecting continued destruction in the crypto market and investors’ unease about risky assets. Coinbase Global Inc. CORNER -12.60% said Tuesday that it lost hundreds of millions of dollars in the first quarter, sending the stock tumbling in after-hours trading. Following the after-market report, …

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Musk says he would reverse Twitter's ban of Donald Trump

Musk says he would reverse Twitter’s ban of Donald Trump

LONDON (AP) — Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of the social media company goes through, signaling just how permissive the platform could become toward free speech under his ownership. Speaking virtually at an auto conference, Musk said Tuesday that Twitter’s ban of Trump following …

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Elon Musk says he would reverse Twitter's Trump ban

Elon Musk says he would reverse Twitter’s Trump ban

Musk’s remarks at Financial Times’ Future of the Car conference mark his first public acknowledgment of what had been widely expected since the billionaire announced plans to buy the social media giant for $44 billion. Musk has previously said he thinks Twitter should be more “reluctant to delete things” and “very cautious with permanent bans.” …

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Nintendo plans 10-for-1 stock split; says Switch sales to fall 9%

Nintendo plans 10-for-1 stock split; says Switch sales to fall 9%

Nintendo announced a 10-for-1 stock split on Tuesday as the Japanese gaming giant aims to make its shares more appealing to retail investors. Shareholders have been calling for a stock split for some time to boost the liquidity of the gaming giant’s shares. The move will take effect on Oct. 1 this year, when each …

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Bitcoin (BTC) investors panic as terraUSD (UST) sinks below $1 peg

Bitcoin (BTC) investors panic as terraUSD (UST) sinks below $1 peg

Bitcoin is now down 50% from its November all-time highs. Arthur Widak | Nurphoto | Getty Images Investors in bitcoin are in panic mode as the controversial terraUSD stablecoin slips further from its intended $1 peg. TerraUSD, or UST, sank below 70 cents for the first time late Monday, as holders continued to flee the …

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New Wearable Tracks Your Alcohol, Sugar, and Soreness Levels with Microneedles

New Wearable Tracks Your Alcohol, Sugar, and Soreness Levels with Microneedles

Imagine a future where, after a night of bar-hopping with friends, you can whip out your phone, consult a smartphone app connected to a wireless device stuck to the side of your arm, and find out exactly how hammered you are. It sounds like something you might see in the first couple minutes of a …

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El Salvador buys 500 bitcoin as crypto market sell-off continues

El Salvador buys 500 bitcoin as crypto market sell-off continues

President of El Salvador, Nayib Bukele, gestures during his speech at the closing ceremony of the Latin Bitcoin conference (LaBitConf) at Mizata Beach, El Salvador, where he announced “Bitcoin City”, on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador just added another $15.5 million worth of bitcoin to its balance sheet, …

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