In the United Kingdom, the term “electric vehicle” brings up visions of a Tesla or another similar car, but in Asia, the war for EV dominance is being fought on motorcycles. When you visit most Asian countries, you’ll notice that motorcycles swarm and buzz around everywhere. It’s not uncommon to see a two-wheeler carrying a…
Switzerland’s Federal Criminal Court found Credit Suisse and a former employee guilty of not being able to prevent money laundering in what is the country’s first criminal trial of one of its biggest banks. The trial, which included testimony about deaths and cash stashed into bags, is considered as a litmus test for prosecutors considering a harder…
On Wednesday, Mark Zuckerberg, CEO of Meta Platforms, told CNBC’s Jim Cramer that the metaverse may be a significant component of the social network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital…
Total sales by China’s e-commerce giant JD.com grew 10.3 percent in the 18 days leading up to Sunday during the first major shopping festival following a recent COVID-19 breakout, the firm claimed, a steep decrease from the 27.7 per cent growth seen in the 2021 event. This year’s figure was the slowest for the shop,…
Bill Gates known to be an opponent of cryptocurrencies and non-fungible tokens. Speaking at a TechCrunch lecture on climate change on Tuesday, the billionaire Microsoft co-founder described the phenomena as “100% based on greater fool theory,” referring to the premise that overvalued goods will rise in value when enough investors are ready to pay more…
Tesla intends to conduct a three-for-one stock split and that board member Larry Ellison will not seek re-election. These were revealed in its annual proxy statement that the company filed with the SEC. Tesla shares were up more than 1% after hours, having ended at $696.69 on Friday. In the filing, the business stated that…
Elon Musk has threatened to walk away from his $44 billion bid to acquire Twitter Inc if the social media company fails to give the data on spam and phoney accounts that he requires. This was not the first time Musk had publicly stated that his acquisition of Twitter might not take place. The threat,…
Checkout.com, the online payments provider, has announced that it will use stablecoins to settle payments for its merchants around the clock, making it the final major financial services firm to enter the crypto space. The start-up, which competes with PayPal and Stripe, announced on Tuesday the launch of a feature that will allow businesses to…
Apple Inc has disclosed plans to more completely incorporate its software into automobile core driving systems, as the iPhone maker unveiled a bevvy of new payment and corporate collaboration tools, as well as a couple of new laptops. The announcements at Apple’s annual developer conference demonstrated a corporation that was once an outsider firmly entrenched in…
Electric vehicles are not the only efficient way to reduce carbon emissions created by the automobile sector, according to the leader of Italy’s automotive lobby on Tuesday. Other technologies, according to Paolo Scudieri, chairman of the automotive industry organisation ANFIA, might help to decarbonize the industry, fulfilling the same emissions targets while retaining know-how and…
business-gurus.com 