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Billionaire Saylor’s MicroStrategy Loses over $1.2 Billion in the Bitcoin Crash

Billionaire Michael Saylor and his company MicroStrategy  (MSTR) – Get MicroStrategy Incorporated Report are at the center of attention with the fall of Bitcoin.  Saylor is one of the most famous Bitcoin evangelists. He praises the merits of the king of the cryptocurrencies almost daily on his Twitter account followed by more than 2.5 million people. …

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Tesla Rival Declares Devastating News

Electric Last Mile Solutions  (ELMS)  on Dec. 11 2020, announced it was going to list on the Nasdaq through a merger with a special purpose acquisition company. “The demand for cost effective solutions to support the e-commerce ecosystem is overwhelming,” James Taylor, the commercial electric vehicle maker’s then-CEO, said at the time. “This industry promises rewards…

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John Oliver Calls For The Break Up Of Amazon, Apple, Facebook, and Amazon

Before AT&T formally sold-off Warner Bros. to Discovery Media  (DISCA) – Get Warner Bros Discovery Inc Com Ser A Report, John Oliver took great delight in mocking HBO’s parent company, frequently calling them “business daddy” and skewering the company’s reputation for poor cellular service (amongst other common complaints). In the most recent episode of his…

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Volkswagen Accelerates Its Electric Vehicle Push to Take on Tesla

Fifty years ago, an 11-person team got together at Volkswagen’s  (VWAGY) – Get Volkswagen AG ADR Report Centre for Future Research in Wolfsburg, Germany.  The team had been assembled in response to soaring oil prices and fuel shortages–sound familiar?–and the automaker wanted to explore alternative powertrains that would power Volkswagen’s first all-electric concept vehicle. The group’s…

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Ford Comes to the Rescue of Tesla

Ford  (F) – Get Ford Motor Company Report and its CEO Jim Farley have one obsession: to beat Tesla  (TSLA) – Get Tesla Inc. Report.  In launching the start of the F-150 Lightning electric pickup, the clean version of the best-selling F-150, Farley had been clear. “We plan to challenge Tesla and all comers to become…