Tag: Tesla

When the notorious cryptocurrency exchange Crypto.com, of which NBA superstar Lebron James has become the face, discovered on Jan. 17 that it had been hacked, the alert did not come from its monitoring tools.  The firm, an inside source told TheStreet, was made aware of the intrusion into its system by actor, investor and crypto…

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Walmart  (WMT) – Get Walmart Inc. Report has had to play catchup for years as Amazon  (AMZN) – Get Amazon.com, Inc. Report has caught and passed the big box retailer as the country’s go-to shopping option.  Amazon’s exponential growth in the new millennium has similarities to Walmart’s growth in the 90’s before the internet changed everything.  Unlike…

Many of the country’s richest people, including Elon Musk and Larry Ellison, borrow against their stock while avoiding capital gains taxes. On Saturday, Elon Musk promised to sell 10% of his Tesla stake after 58% of people voted in a Twitter poll shared by the Tesla CEO. Yesterday, Musk began to follow through, exercising about…

Share to FacebookShare to TwitterShare to LinkedinTopline Tesla and its CEO Elon Musk accused the Securities and Exchange Commission on Thursday of engaging in a “calculated effort to chill” his right to free speech in its oversight of communications with shareholders, as a part of a settlement stemming from a 2018 tweet in which Musk…

Tech giant Amazon  (AMZN) – Get Amazon.com, Inc. Report is hiring for the metaverse without necessarily calling attention to it.  Amazon’s gaming engine Lumberyard, which has struggled to make inroads into the gaming developer space, is hiring its first metaverse person. The job titled “Senior Product Manager, Technical (AWS Game Tech)” was posted on LinkedIn four days…

We all look forward to that annual holiday bonus but, when it goes too far beyond what is customary, it can become the cause of both internal and external contention. Take Apple  (AAPL) – Get Apple Inc. Report, where a top shareholder advisory group is urging investors to vote against the $99 million pay and…

The Tesla comes up to a red light at an intersection in Brooklyn…and keeps going. “We just went through a red light,” the exasperated driver says. The driver, who appears in a CNBC video, is one of thousands of  whom Tesla is allowing to try new and unfinished driver assistance features on public roads in the…

Next stop, $5 trillion.  Apple  (AAPL) – Get Apple Inc. Report may no longer be a $3 trillion company after reaching that milestone earlier this year, but it is in lead to become the first company with a $5 trillion valuation.  A record high stock market has made possible market capitalizations that were once thought to…