Retail investors question the Tesla CEO’s decision to stop accepting the digital currency for EV purchases due to concerns over fossil-fuel use. ( read original story ...)
Crypto expert reacts to Elon Musk’s reversal on accepting bitcoin
Hundreds of billions of dollars were wiped off the entire cryptocurrency market after Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using bitcoin. Anthony ... ( read original story ...)
Bloomberg Wealth: Inflation Fears and Crypto: How Long Will It Last?
It’s hard not to escape the feeling that prices are rising — and fast. Whether it’s housing costs, gas or a cup of coffee. ( read original story ...)
Crypto billionaire donates $1.2bn to India Covid fight – and currency instantly crashes to make it worth less
Cryptocurrency billionaire and Ethereum co-founder Vitalik Buterin has made one of the largest individual philanthropic contributions ever, by donating Ethereum and “meme coins” similar to Dogecoin ... ( read original story ...)
Barry Sternlicht on inflation fears, Fed policy, infrastructure, crypto and more
Barry Sternlicht, chairman and CEO of Starwood Capital, joined "Squawk Box" on Thursday to discuss his concerns about inflation, the Fed's monetary policy, the Democratic Party's policy approach in ... ( read original story ...)
Bitcoin Investors Cancel Tesla Cybertruck Orders As Crypto Community Turns on Elon Musk
The value of the cryptocurrency and Tesla shares fell after Elon Musk said his company would no longer accept bitcoins for vehicle purchases. ( read original story ...)
Bitcoin: Elon Musk says crypto’s energy use ‘insane’ as value plunges
Elon Musk has called the energy used by bitcoin “insane” in another critical tweet. The post follows his announcement that Tesla would no longer be taking bitcoin in payment for cars, as a result of ... ( read original story ...)
Softbank aims to generate ‘dozens of IPOs’ every year, Son says
SoftBank Group Chairman and CEO Masayoshi Son has told Nikkei that his Japanese tech conglomerate wants to speed up its IPO production line, bringing dozens of companies to public markets every year ... ( read original story ...)
SoftBank to double size of Vision Fund portfolio, Son says
TOKYO -- SoftBank Group Chairman and CEO Masayoshi ... Calling the Vision Fund's business model a "manufacturer of golden eggs," Son called the IPO process -- listing companies on public exchanges ... ( read original story ...)
Crypto bulls challenge Elon Musk’s environmental concerns on bitcoin – but billionaire Mike Novogratz takes a softer stance
The self-proclaimed "Technoking" had only recently agreed with Twitter boss Jack Dorsey, saying bitcoin "incentivizes" renewable energy. ( read original story ...)
How Bitcoin Uses Fossil Fuels As Elon Musk Says Tesla No Longer Accepting the Crypto
Critics of the digital currency say the energy-intensive process used to "mine" coins is bad for the environment. ( read original story ...)
Exscientia Announces Second Molecule Created Using AI From Sumitomo Dainippon Pharma Collaboration to Enter Phase 1 Clinical Trial
Exscientia Ltd. (Headquarters: Oxford, UK; CEO: Andrew Hopkins) is pleased to acknowledge that Sumitomo Dainippon Pharma Co., Ltd. (Head office: Osaka, Japan, Representative Director, President and ... ( read original story ...)
Paytm to get 7 Percent Stake in IPO bound Japanese Firm PayPay
Paytm to get 7 Percent Stake in IPO bound Japanese Firm PayPay - Payment and fintech giant Paytm is reportedly about to get about seven percent stake in Japanese payment ... ( read original story ...)
Asia markets slump after Wall Street dives on rate hike fears; Japan’s Nikkei drops 2.5%
Investors are awaiting tech giant Alibaba's first-quarter and full fiscal year results that will be released on Thursday at 7:30 p.m. HK/SIN. ( read original story ...)
Olympics-Fear Of Missing Out keeps athletes onside for Tokyo
Ten weeks before the start of the Olympics, Tokyo remains in a state of emergency, 60% of the Japanese people do not want the Olympics to go ahead, and only around 3% of them have been vaccinated for ... ( read original story ...)
Tokyo’s Nikkei closes down nearly 2.5% after US rout
Tokyo's benchmark Nikkei index plunged nearly 2.5 percent on Thursday, extending a rout on Wall Street as US inflation data fuelled worries about a sudden shift in monetary policy. ( read original story ...)