The world's most famous cryptocurrency, Bitcoin, experienced a nearly 100,000-crore drop in its value, falling below the 900,000-crore mark on Tuesday. Other cryptocurrencies have also suffered this significant drop, as data from specialist server CoinMarketCap shows. In recent months, cryptocurrency prices have been rising mainly in anticipa...
In 2018, Netflix decided to make a risky move and invested a whopping $55 million in a sci-fi series directed by Carl Rinsch. Despite its previous mediocre success with "47 Ronin," the series about artificially created beings was considered a potentially attractive project. Unfortunately, however, it turned out to be one of the worst decisions i...
The long-running lawsuit between the US securities regulator (SEC) and Ripple has just entered a new phase that has surprised many and appears to be over. The SEC has decided to withdraw part of the lawsuit, resulting in a positive reaction in the cryptocurrency market. However, the situation is far from definitive. Bitcoin prices recently tr...
Microsoft has decided to abandon its plans to build a data centre in Prague because of the excessive bureaucratic burden. The company bought a plot of land in Prague last year for one and a half billion crowns with plans to invest five and a half billion crowns. However, sources close to the deal suggest that strict legislative requirements for ...
Atomontage, a startup focusing on 3D graphics processing, has attracted investment from J&T Ventures, as well as investors like the creator of Candy Crush and the founders of Oculus VR. 3D scanning, graphics, and visualization offer tremendous opportunities across various industries, from medicine to construction and the gaming industry. ...
Bitcoin mining needs massive quantities of power. Blockware Solution, in collaboration with SEVA, will build a massive solar-powered mining farm in abandoned West Virginia coal mines. Bitcoin mining firms may be found all over the world. The basic issue is the enormous amount of energy they consume, which is why some firms are attempting to a...
China has massively subsidised EVs for 13 years and transformed the entire industry. It holds global dominance over the supply chain. What will be Europe's attitude towards Chinese cars? In 2022, 10.5 million battery cars (including hybrids) will be sold globally, including 6.2 million in China, where one in four cars sold is battery-powered....
Tesla Inc. will build a new battery factory in Shanghai, boosting investment in China at a time of rising tensions between Beijing and Washington. Tesla will produce large-capacity Megapack batteries at the new plant, which will complement its electric vehicle factory in Shanghai. The start of the project was announced this week at a contract...
Elon Musk is one of the most famous entrepreneurs and technologists in the world. His innovative ideas and projects, such as SpaceX and Tesla, have earned him great popularity and admiration around the world. However, recent reports suggest that not all employees of his companies are happy with his leadership and management. One of the most r...
