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Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk urged people to be wary when investing in cryptocurrencies Friday as his upcoming appearance on Saturday Night Live spurred investors to pile into ‘joke’ cryptocurrency dogecoin this week, leaving it the fourth most valuable cryptocurrency as its value soared to new record highs. Elon…
2/2 © Reuters. FILE PHOTO: Tips, money collected from a customer donation fund and a last paycheck for employees laid off from Farley’s East cafe, that closed due to the financial crisis caused by the coronavirus disease (COVID-19), sits on a counter at the cafe in Oa 2/2 By Koh Gui Qing and Pete Schroeder…
The U.S. Department of Justice is investigating whether financial technology companies including Atlanta-based Kabbage Inc may have erred while distributing billions of dollars in pandemic aid to struggling small businesses, three people with knowledge of the matter told Reuters.The investigation, led by the Justice Department’s civil division, is examining whether Kabbage and other fintech companies…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Our thanks to everyone who wrote in this week about the format changes to the newsletter! Feedback largely sorted into two themes: Some people really like the more narrative format, and some…
What Tesla CEO Elon Musk says publicly about the company’s progress on a fully autonomous driving system doesn’t match up with “engineering reality,” according to a memo that summarizes a meeting between California regulators and employees at the automaker. The memo, which transparency site Plainsite obtained via a Freedom of Information Act request and subsequently…
An advisory panel to the U.S. Centers for Disease Control and Prevention (CDC) will meet on Wednesday to review data on the use of Pfizer Inc (PFE.N) and partner BioNTech’s (22UAy.DE) COVID-19 vaccine in adolescents aged 12 to 15.The vaccine is currently authorized for use in Americans aged 16 and above.The Advisory Committee on Immunization…
Share to FacebookShare to TwitterShare to Linkedin Amazon’s surging stock has made the world’s richest person even richer. Mark Ralston/AFP via Getty Images The world’s richest person, Jeff Bezos, is once again worth more than $200 billion, as shares of Amazon AMZN rose in anticipation of the company’s first quarter earnings report later this week.…
10/10 © Reuters. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves 2/10 By Jeffrey Dastin and Akanksha Rana (Reuters) -Amazon.com Inc posted record profits from pandemic shopping and indicated sales would keep growing even as customers emerged from their homes in the reopening U.S. economy. Since the start…
© Reuters. FILE PHOTO: FILE PHOTO: The remains of a Tesla vehicle are seen after it crashed in The Woodlands, Texas By Hyunjoo Jin and David Shepardson (Reuters) -The U.S. transport safety board is working to publish as soon as possible a preliminary report on a recent Tesla (NASDAQ:TSLA) vehicle crash in Texas in which local police…