Volvo plans to make only electric vehicles by 2030
By Elina Volvo says it will make only electric vehicles by 2030. But if you want one, you’ll have to buy it online. The Swedish automaker said that it is …
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Jack Ma loses title as China’s richest man after coming under scrutiny
By Alec Alibaba and Ant Group founder Jack Ma has lost the title of China’s richest man, a list published showed, as his peers prospered while his empire was put …
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Apple says all 270 US stores open for first time since pandemic began
By Elisa Apple said all its 270 US stores have been opened, the first time in almost a year after it was forced to shutter several outlets because of the …
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Billionaire LVMH boss Bernard Arnault takes Birkenstock stake
By Lisa Birkenstock, the maker of comfortable but decidedly unfashionable sandals, is jumping into bed with the king of luxury goods Birkenstock on Friday said it will sell a majority …
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DirecTV to become standalone company through $16B AT&T, TPG deal
By Alexandra Telecom giant AT&T has inked a deal with private equity firm TPG that calls for struggling satellite TV provider DirecTV to become a standalone company. The deal calls …
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Australian lawmakers push ahead with news law after Facebook concessions
By Steigrad Australian lawmakers advanced a bill that effectively will force Google and Facebook to pay media companies for news content, clearing the last major hurdle for legislation that could …
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Bitcoin bounces back over $50K after Square, MicroStrategy buy more
By Manskar Bitcoin climbed back above the $50,000 mark after getting another vote of confidence from major companies not named Tesla. The world’s biggest cryptocurrency recovered from its steep Tuesday …
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Ripple cryptocurrency crashes as MoneyGram puts relationship on ice
By Manskar Ripple Labs’ cryptocurrency tumbled after MoneyGram said it paused its relationship with the tech firm while it battles the feds in court. The price of XRP — the …
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Phil Falcone mansions head to foreclosure auction amid money woes
By Weiss Former high-flying billionaire hedge-fund manager Phil Falcone appears to be close to losing his townhouse on East 67th Street as well as his Hamptons estate. Newmark’s Dustin Stolly …
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WhatsApp pushes controversial privacy policy forward despite backlash
By Manskar WhatsApp is pressing ahead with a privacy policy update that sparked a backlash last month — but it promised to give people plenty of time to review the changes. …
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Facebook blocks news-sharing in Australia
By Steigrad Facebook said it is banning Australian users from reading or sharing news on its platform. The stunning announcement, which came just hours after News Corp. and Google unveiled …
Read More Bitcoin trades above $50,000 for the first time ever
By Manskar Bitcoin surged above $50,000 for the first time ever early Tuesday as a growing number of major companies warmed up to the world’s largest cryptocurrency. The bitcoin price …
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Jaguar vehicles to go fully electric in 2025
By Manskar Luxury automaker Jaguar’s lineup will consist only of electric cars starting in 2025 as parent company Jaguar Land Rover pushes into the global market for emission-free vehicles. The …
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Reddit, Robinhood bosses to testify at GameStop hearing
By Kennedy The bosses of Robinhood, Citadel, Melvin Capital and Reddit will testify next week at a House hearing about the wild trading involving GameStop and other stocks. Citadel’s Ken …
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LA newswoman Wendy Burch accused of scheming with ex-con to defraud women
By Klein A Los Angeles TV reporter is raising a child with a serial womanizing con-artist, giving him a home, a luxury car and even money from her own foundation. …
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Jay-Z, Jack Dorsey launch fund to develop bitcoin in India, Africa
By Manskar Rapper Jay-Z and tech mogul Jack Dorsey are launching a roughly $24 million fund to help develop bitcoin. The Brooklyn-born artist and the Twitter CEO are putting 500 …
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Disney+ hits 95 million subscribers
By Alexandra Pandemic-stricken Disney posted a surprise first-quarter profit, boosted by strength at streaming service Disney+, which added more than 21 million new subscribers. Disney said overall that it amassed …
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Elon Musk’s brother Kimbal sells $25M in Tesla stock
By Manskar Elon Musk’s brother Kimbal Musk cashed out more than $25 million worth of Tesla stock this week, records show. The younger Musk, who’s also a Tesla board member, …
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Hyundai, Kia say they’re not working on Apple car — a month after confirming talks
By Steigrad Hyundai and Kia said that they are not currently in talks with Apple to develop self-driving cars — just a month after South Korea-based Hyundai had said it …
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Reddit traders may not have been the only ones boosting GameStop
By Manskar Reddit’s army of retail traders might not have been only force behind the unprecedented GameStop rally that turned Wall Street upside down, new data show. GameStop was “notably …
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