News for nerds
Solar energy is an increasingly popular technology. Many people are catching on about how beneficial solar energy can be for them. Want to learn more? This article will give you the latest information regarding solar power. There are two major Read more
A major “capitulation event” in which Bitcoin miners funnel thousands of tokens to exchanges could signal an approaching bottom for the world’s largest cryptocurrency, if history is any guide. In an effort to salvage plunging profits, Bitcoin miners are turning Read more
Shares of China’s electric-vehicle makers are trouncing global industry leader Tesla Inc., bolstered by Beijing’s consumption incentives and heavy dip-buying from investors. American depository receipts of Nio Inc., XPeng Inc. and Li Auto Inc. have surged at least 64% each Read more
A group of direct lenders led by Blackstone Inc. is providing about $5 billion of debt to help fund the leveraged buyout of software maker Zendesk Inc., according to people with knowledge of the matter. The financing for the acquisition Read more
Bitpanda GmbH is eliminating almost a third of its workforce as the crypto exchange turned investment platform looks to weather a bout of market volatility and plunging asset prices. The Peter Thiel-backed firm will reduce headcount to about 730 from Read more
Pinterest Inc. must face a lawsuit from a digital marketing strategist who says she helped conceive the social media platform, a California judge ruled. Late on Thursday, Alameda County Superior Court Judge Richard Seabolt denied the company’s motion to dismiss Read more
SoftBank Group Corp.’s former Chief Operating Officer Marcelo Claure has secured severance and incentives worth an estimated $94 million as part of his compensation from the tech investment giant. Claure departed SoftBank in January with severance totaling 4.6 billion yen Read more
Close to 3 billion people have never used the internet, and billionaires Elon Musk and Jeff Bezos are on a mission that could narrow the digital divide. The two entrepreneurs are competing to launch thousands of small satellites that will Read more