Digital World Acquisition (DWAC) , the blank check company attempting to merge with former President Donald Trump’s fledgling media group, failed to find enough shareholder support late yesterday for a one-year extension on its merger plans. The group instead arranged a three-month extension, which lasts until December 10, while postponing a vote deadline on the…
A beleaguered cryptocurrency exchange is facing more turmoil in the wake of a plunge in currency valuations. Coinbase (COIN) shares have fallen by 75% amid weak earnings and lower trading volume this year. The company’s shares are extremely volatile as its attempts to regain a foothold in the crypto industry remain murky. Shares closed negative 13…
Elon Musk has, for years, been making big promises about the future of electric vehicles and Tesla (TSLA) in particular, saying last spring that the carmaker would sell as many as 20 million cars per year. Musk is known for not always following through on big promises, especially when it comes to specific days and…
Record-breaking heat waves this holiday weekend are making dog owners even more cautious when traveling with their canine friends in the car. Everyone should know you can’t keep your dog locked in a car even on a mild sunny day, but a hot summer day would be even worse. And don’t even think about keeping…
It’s the final that car and tech fans crave: Tesla (TSLA) vs. Apple (AAPL) ; Elon Musk versus Tim Cook. It would be a match of titans, pitting two of the biggest innovative companies of recent years against each other. It will be difficult to determine the winner. How do you bet against Musk, who…
Micron Technology (MU) shares moved lower Thursday after the memory chip maker unveiled plans to invest $15 billion in the construction of a new manufacturing base in Idaho. Micron said the new facility will be the first new-memory manufacturing hub built on U.S. soil in more than two decades, and will ensure that domestic supplies…
Growth comes with a cost, especially when that growth was not in the original plans. Think of it like you would an old town, versus a new one. In high-growth parts of the country, builders have created something called a “master-planned community,” that’s a town or city planned out fully. This means that before builders…
Elon Musk is a master of promoting new technology ideas, but of course not all of them come to fruition. Yes, Musk’s Tesla (TSLA) has become the world’s biggest EV maker and most valuable automobile company, but that hyperloop thing has really fallen by the wayside. And Tesla’s full self driving software is still in…
Amazon (AMZN) has been trying to find the right approach to disrupt the healthcare industry for several years. Now, it’s changing course by dropping one key initiative to focus on others in the works. The surprising announcement came this week as the company said it plans to shut down its telehealth company, Amazon Care. The internet…
Celsius Network is in big trouble. The crypto lender is one of the biggest victims of the fall in cryptocurrency prices that caused a liquidity crisis in the industry in May, June and July. The firm has filed for Chapter 11 bankruptcy and is restructuring its debt. But the platform, which traded cryptocurrencies and offered…
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