Tag Archives: Worlds

Michael Saylor is perhaps one of the most fervent supporters of Bitcoin on the planet—and that’s saying something, given the almost cultlike community behind the world’s leading cryptocurrency. Saylor, an MIT graduate and the cofounder and CEO of the business intelligence firm MicroStrategy, has become a hero to the Bitcoin faithful ever since his company began stockpiling the cryptocurrency in August 2020. The CEO has gone so far as to call Bitcoin “freedom,” and “the most… Source link

Indonesia, a top palm-oil exporter, is planning to ban exports beginning on Thursday. Palm oil, the world’s most used vegetable oil, is used in cooking and a range of consumer products. Palm-oil and competing soybean-oil prices are jumping after news of the ban. The world’s top palm-oil producer announced that it would ban exports of the commodity starting on Thursday, sending the prices of edible oils soaring. Indonesia accounts for about half of the world’s supply of palm oil, the world’s most… Source link

Elon Musk said in a video interview that he doesn’t own a home and is “staying at friends’ places.” The world’s richest man also doesn’t own yachts or take vacations, but has a plane to save time. Musk was responding to a comment about how many people criticize billionaires for their wealth. The world’s richest man said that he doesn’t own a home and crashes on friends’ couches. “I don’t even own a place right now, I’m literally staying at friends’ places,” Elon Musk said in a video interview… Source link

A company’s public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if not for its “don’t be evil” motto? Nobody’s going to buy your cars if they think the company is run by some “pedo guy.” With the scale of business that modern tech giants operate at and the amounts of… Source link

A company’s public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if not for its “don’t be evil” motto? Nobody’s going to buy your cars if they think the company is run by some “pedo guy.” With the scale of business that modern tech giants operate at and the amounts of… Source link

In an industry prone to superlatives, here’s a new one from the automotive world: “Hyper-SUV,” courtesy of legendary British sports carmaker Lotus, with its newest EV creation, the Eletre. “The Eletre takes the heart and soul of the latest Lotus sports car – the Emira – and the revolutionary aero performance of the all-electric Evija hypercar, and reinterprets them as a Hyper-SUV,” Lotus said in a statement. Lotus had been teasing a high-performance EV SUV known as the “Type 132” for a… Source link

With Russia’s invasion of Ukraine bringing us images of murdered civilians, bombed maternity wards and the horror of urban warfare, you really have to wonder about the human race. How is it that 145 million Russians allow someone like Putin to rule over them? The answer to that question has everything to do with Russian history and politics of course, but an even more sobering point is that Putin is hardly alone. The world today is rife with authoritarians, nationalists and dictators —… Source link

(Bloomberg) — Most Read from Bloomberg Trying to catch a bus at the Maliya station in Kuwait City can be unbearable in the summer.About two-thirds of the city’s buses pass through the hub, and schedules are unreliable. Fumes from bumper-to-bumper traffic fill the air. Small shelters offer refuge to a handful of people, if they squeeze. Dozens end up standing in the sun, sometimes using umbrellas to shield themselves. Global warming is smashing temperature records all over the world, but… Source link

The vulnerability of Kazakhstan’s bitcoin mining industry was put on full display last week, when the country’s internet shut down in the midst of anti-government protests, sparked by rising energy prices. The world’s second largest miner saw its hash rate or computing power that secures bitcoin, fall by double digits, in a dramatic pullback from the 18.1% it’s estimated to contribute, according to Cambridge Center for Alternative Finance.  The disruption marked a big setback for a market… Source link

Tesla (TSLA) strong rally this week points to more gains ahead, according to Wedbush, with the U.S. electric vehicle maker primed to transform the auto industry after ending 2021 on a strong note. Better-than expected fourth quarter delivery figures spurred investors to remain bullish on Tesla’s stock, while the electric vehicle (EV) maker’s new Gigafactory in Austin, Texas preps for production this month.  “We’re seeing, it’s a $5 trillion market opportunity in terms of EV and it’s the… Source link