SpaceX CEO Elon Musk doesn’t believe the regulations apply to him, Amazon tells the US FCC

Amazon told US regulators on Wednesday that Elon Musk does not believe government regulations will apply to the billionaire who runs Tesla Inc and SpaceX as the companies vie for rival satellite internet plans. In a harshly filed lawsuit with the Federal Communications Commission, Amazon accused Musk of ignoring a variety of government-imposed rules, including … Read more

Tesla’s state subsidy decision in Germany expected by the end of the year

Germany will likely decide by the end of the year how much state aid US electric vehicle maker Tesla will receive for its planned battery cell factory near Berlin, an Economy Ministry spokesman said on Sunday. The European Union approved a plan in January that includes giving state aid to Tesla, BMW and others to … Read more

Starlink satellite Internet could reach India soon, said Elon Musk, CEO of SpaceX, that regulatory approval is underway

Starlink satellite Internet may soon reach India, with SpaceX founder Elon Musk touting its current status on Twitter. Starlink is a program initiated by SpaceX to provide Internet connectivity using a constellation of satellites, the first two of which were launched in February 2018. It is currently available in 14 regions including Australia, Canada, Chile, … Read more

Who owns DOGE? 82 percent of Dogecoin’s total is being held in jail by just 535 entities, analysis shows

Dogecoin – the dog-themed Shiba Inu cryptocurrency – started out as a joke in 2013, but slowly but steadily made some space for itself. This year, so far, Dogecoin has emerged as one of the most traded cryptocurrencies. However, meme-based digital currency remains largely concentrated in a few hands. A gigantic sum of DOGE 106 … Read more

Elon Musk, CEO of Tesla, signals competition concerns about Nvidia-Arm deal: report

Tesla Chief Executive Elon Musk has signaled concerns about competition over Nvidia’s planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing several sources. E-commerce giant Amazon and smartphone maker Samsung also opposed the deal with US officials, the newspaper reported. Earlier this year, the US Federal Trade Commission opened an in-depth … Read more

Elon Musk says Tesla’s FSD Beta 9.2 update is ‘not great’, AI team meeting to improve

Tesla Chief Executive Elon Musk said on Monday that the electric car maker was working to improve the long-awaited update of its standalone software “as soon as possible”. The billionaire entrepreneur tweeted that the Full Self-Driving Beta version 9.2 “actually isn’t very good (in my opinion), but the Autopilot / AI team is striving to … Read more

Bitcoin price rises to over $50,000 for the first time since May

Bitcoin broke above $50,000 (about Rs. 37.14 lakhs) on Monday for the first time in three months, as investors turned to cryptocurrency in bargain buys. The unit rose about two percent to $50,249.15 (about Rs. 37.15 lakhs), its highest since mid-May, when it started to fall on a number of issues, including China’s crackdown on … Read more

Jeff Bezos’ Blue Origin sues NASA for SpaceX Moon contract

Blue Origin, the space company owned by Jeff Bezos, is suing the US government for its decision to award a huge Moon exploration contract to its competitor SpaceX, it said in a statement on Monday. The company has filed a lawsuit in the US Federal Claims Court “in an attempt to remedy the shortcomings” in … Read more

Electric vehicle startups looking for low-cost roads for mass production

Electric car and van startups racing to become the next Tesla all want to avoid Elon Musk’s journey through “manufacturing hell.” But electric vehicle companies like British van company Arrival SA and Fisker are taking very different paths to overcome the challenges of the profitable mass production that nearly broke Tesla. Some have found investors … Read more

Billionaire businessman Mark Cuban says he invested in Dogecoin: the value may be less than you think

American billionaire Mark Cuban, a great advocate of cryptocurrency, revealed that he owned less than $500 (about Rs. 37,170) in Dogecoin. The billionaire investor and star of Shark Tank said this when a Twitter user asked him about Bitcoin and Dogecoin, wondering which of the two cryptocurrencies he had more in his investment portfolio. In … Read more