Associated Press

News Agency

Cost of a single Bitcoin exceeds $50,000 for first time

The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. The price of Bitcoin has risen almost 200% in the last three months and its volatility was on display Tuesday. After rising above $50,600, it fell back to $48,674 […]

Right-wing friendly Parler announces re-launch

The right-wing friendly social network Parler, which was forced offline following the Jan. 6 attack on the U.S. Capitol by supporters of then-President Donald Trump, says it is re-launching. The Twitter alternative has been struggling to return online since Amazon stripped it of web-hosting service on Jan. 11 over its unwillingness to remove posts inciting […]

Luxury car brand Jaguar to go all-electric by 2025

Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Monday as it outlined a plan to phase out internal combustion engines. Jaguar Land Rover, which is owned by Indian conglomerate Tata Motors, hopes the move will help turn around the fortunes of the 86-year-old Jaguar brand, which for many […]

COVID-19 shots might be tweaked if variants get worse

The makers of COVID-19 vaccines are figuring out how to tweak their recipes against worrisome virus mutations — and regulators are looking to flu as a blueprint if and when the shots need an update. “It’s not really something you can sort of flip a switch, do overnight,” cautioned Richard Webby, who directs a World […]

Major Australian media company strikes Google news pay deal

Seven West Media has become the largest Australian news media business to strike a deal with Google to pay for journalism in a partnership announced Monday before the nation’s Parliament considers draft laws to force digital giants to pay for news. Google and the publicly listed broadcast television, print and online publishing company jointly announced […]

In Nevada desert, a technology firm aims to be a government

In the Nevada desert, a cryptocurrency magnate hopes to turn dreams of a futuristic “smart city” into reality. To do that, he’s asking the state to let companies like his form local governments on land they own, which would grant them power over everything from schools to law enforcement. Jeffrey Berns, CEO of Nevada-based Blockchains […]

VW spending $2.2B to expand in China's electric car market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s economy began to reopen following the coronavirus pandemic.  Volkswagen AG said Friday it will buy control of its electric vehicle venture with a Chinese partner in a 1 billion […]