Search results for "elon musk"

Square Inc Reveals Plan for Crypto-Wallet hardware

U.S.-based hardware company Square Inc announced on Tuesday plans to create a hardware wallet for Bitcoin, following a U.S. senator’s warning about imposed cryptocurrency threats on consumers and financial markets. The U.S. based financial service and digital payments company Square Inc — announced via one of its lead’s Twitter account– its plan to create a […]

Pandemic-era Mobile World Congress tech fair kicks off

A major wireless technology trade fair kicked off in Barcelona on Monday with scaled-back attendance and beefed-up health and safety measures, changes that reflect the new reality for industry conventions in the pandemic era. Mobile World Congress was canceled at the last minute last year because of COVID-19 concerns. Its 2021 revival makes it one […]

Leak of billionaires' tax data draws GOP outcry over privacy

Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times. A senior IRS official said Thursday that a federal criminal investigation into the leak […]

Jeff Bezos will blast into space on rocket's 1st crew flight

Outdoing his fellow billionaires in daredevilry, Jeff Bezos will blast into space next month when his Blue Origin company makes its first flight with a crew. The 57-year-old Amazon founder and richest person in the world by Forbes’ estimate will become the first person to ride his own rocket to space. Bezos announced his intentions […]

Man and machine: What AI is and what it is not

Intelligence is a hard thing to define. You have street smarts, book smarts, and the ever-present colloquial term emotional intelligence, and of course the dreaded intelligence quotient or IQ. However, we must place a marker somewhere to establish what we are talking about. For the sake of not exceeding a word count of ten thousand […]

Safety ratings yanked after Tesla pulls radar from 2 models

Two key groups that offer automobile safety ratings are yanking their top endorsements from some Tesla vehicles because the company has stopped using radar on its safety systems. Consumer Reports pulled its “Top Pick” status for Tesla’s Model 3 and Y vehicles built after April 27, while the Insurance Institute for Highway Safety plans to […]

Russian to be deported after failed Tesla ransomware plot

A Russian man was sentenced Monday to what amounted to time already served and will be deported after pleading guilty to trying to pay a Tesla employee $500,000 to install computer malware at the company’s Nevada electric battery plant in a bid to steal company secrets for ransom. Egor Igorevich Kriuchkov, appearing by videoconference from […]

EXPLAINER: Why has the price of Bitcoin been falling?

Even by Bitcoin’s standards, Wednesday was pretty wild. The price of the famously volatile digital currency fell nearly 30% at one point after the China Banking Association warned member banks of the risks associated with digital currencies. The decline narrowed to below 10% in the afternoon, but Bitcoin had still lost about $70 billion in […]

California places Tesla's 'Full Self-Driving' under review

California’s Department of Motor Vehicles is reviewing whether Tesla is violating a state regulation by advertising its vehicles as being fully autonomous without meeting the legal definition of self-driving. The department confirmed the review Monday in an email to The Associated Press. State regulation prohibits advertising vehicles for sale or lease as autonomous if they […]

Tesla to stop accepting Bitcoin for car payments

Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns. “We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said on Twitter. He added that cryptocurrency is a […]