How to start investing into the upcoming vehicles
On the horizon are self-driving cars and high-tech automobiles. Investors wishing to profit from the…
Tech
The price of Bitcoin has ended its longest losing streak in history here are five things to know about Bitcoin this week
The longest weekly losing streak in Bitcoin history is finally broken, but the mood among analysts is anything but unanimously bullish.
5 reasons why Bitcoin could be a better long-term investment than gold
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up…
Despite the market crash, global Web3 metaverse and tax projects continue.
Despite the turmoil in the digital assets market, Web3 developers, institutional investors, and authorities ready to tax metaverse earnings remain stable.
U.S. fintech Plaid taps Booking.com veteran to lead its European expansion
Fintech firm Plaid has hired Ripsy Bandourian, formerly a vice president at Booking.com, as its head of Europe.
Plaid’s former head of international, Keith Grose, now focuses largely on running the U.K. business.
The company says it’s planning an “aggressive” expansion in Europe this year.
EV maker Lucid debuts its latest Tesla rival, a high-performance luxury sedan with a 446-mile range
Electric-vehicle maker Lucid is debuting a new edition of its popular and powerful Air luxury sedan.
The company’s Air sedan has impressed critics in many ways since its launch last fall, in part for the astounding performance of the 1,111-horsepower Dream Edition.
U.S. deliveries of the new Grand Touring Performance model will begin in June.
Meta plans to take a nearly 50% cut on virtual asset sales in its metaverse
The 47.5% figure includes a hardware platform fee of 30% for sales made through the Meta Quest Store, where it sells apps and games for its virtual reality headsets.
On top of that, Horizon Worlds, will charge a 17.5% fee.
Meta’s fees for the sale of virtual assets on Horizon Worlds are significantly more than the 30% Apple charges developers on its App Store.
Warner Bros Discovery’s David Zaslav has charmed the Hollywood elite — now he’ll have to show he can manage them, too
David Zaslav officially takes over as the new CEO of Warner Bros. Discovery as the company begins trading on the Nasdaq on Monday.
Zaslav is known for his gregarious personality and has been on a monthslong “listening tour” of Hollywood.
Friends say he has a chance to be Hollywood’s next leader with high emotional intelligence, but he’ll have to be careful not to disenfranchise current leadership or get bogged down in minutia.
“It may be the right time for a new man because the industry is changing so rapidly,” longtime Zaslav associate Lloyd Blankfein
China’s EV makers could see a ‘shake down’ as they hike prices on rising material costs
A slew of electric vehicle companies from Tesla to BYD in China have been forced to raise the prices of their cars and the cost of raw materials shoot up.
Analysts said some low-cost and smaller players could struggle and even be forced to cut models from their lineup.
Tesla and BYD are better positioned to weather rising prices due to their strong supply chains, the analysts said.
Uber wins 30-month London license, ending a lengthy battle with city regulators
Uber has been granted a 30-month license to operate in London, according to Transport for London.
The move ends a years-long spat with the agency, which twice revoked Uber’s London license.
