News

Microstrategy Acquires Another $10 Million in Bitcoin

  On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin. The company’s CEO Michael Saylor revealed the latest purchase on Twitter with a link to a Form 8-K Securities and Exchange Commission (SEC) filing registered on March 5, 2021. Microstrategy’s Bitcoin …

Microstrategy Acquires Another $10 Million in Bitcoin Read More »

Bitcoin: Elon Musk wants clean power. But Tesla’s carrying bitcoin’s dirty baggage

LONDON (Reuters) – Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker’s backing of bitcoin this week could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year.   Tesla Inc revealed on Monday it had bought $1.5 billion of bitcoin …

Bitcoin: Elon Musk wants clean power. But Tesla’s carrying bitcoin’s dirty baggage Read More »

Jeff Bezos stepping down as Amazon CEO

SEATTLE — Amazon founder Jeff Bezos will step down as chief govt of the e-commerce large, turning over the reins to the corporate’s longtime cloud-computing boss Andy Jassy. Bezos, who owns The Washington Publish, will transition to the position of govt chair this summer, the corporate stated Tuesday. The looming transition marks essentially the most radical …

Jeff Bezos stepping down as Amazon CEO Read More »