Browsing: Business

US electric car maker Tesla is now betting big on the cryptocurrency Bitcoin. Group CEO Elon Musk’s company has announced it has invested $1.5 billion in the digital currency. The announcement sent the Bitcoin price soaring to more than $43,000 within minutes. Musk had already made his stance on the currency clear a few days ago: In his Twitter profile, he succinctly wrote #bitcoin. The value of bitcoin had risen sharply in recent months – already at the beginning of January, it had temporarily climbed to more than 40,000 dollars, but then fell sharply again in some cases. One important…

Those who have taken out a free annual Apple TV+ subscription will be able to use it for another six months without paying, 9To5Mac reports. Accordingly, a free Apple TV+ subscription will run until July 2021 in the future. According to The Verge, the free subscription was extended because of production delays due to the corona pandemic. At launch over a year ago, there were a few series with a first season. Since then, only one series has had a second season released. Other series are still awaiting the release of a second season. The first renewal of the free…

It is still a closely guarded secret, typical for Tesla: Elon Musk is now serious about building “the world’s largest battery cell factory” alongside the giant car factory in Grünheide. Since this spectacular announcement by the Tesla boss a few weeks ago, there has been some puzzlement as to when the U.S. company will apply for a permit for this, where the site for battery production in Grünheide should even be – and whether this will be done in parallel with the main approval process still underway for the car plant, which has so far been built with advance permits…

Renault officially launched the Alpine Formula 1 team today. A first design of the new car was presented during an online presentation, but only as an interim livery. The official color scheme will not be shown until the launch of the new car. Fans and observers at least got a first taste of Renault’s new appearance under the new Alpine name in the premier class. The car is painted in dark colors, and the French national colors can be seen in large letters on the engine cover. The name of the race car also changes with the restructuring: the successor…

The British economy will “get worse before it gets better” as the country battles the pandemic, Chancellor Rishi Sunak has warned. Indeed, the chancellor told MPs the new national restrictions are necessary to control the spread of the coronavirus. However, he said they will have another significant economic impact, “Even with the significant economic support we have provided, over 800,000 people have lost their jobs since February,” he said. “Sadly, we could not and cannot save every job and every business. “But I am confident that our economic plan will support the finances of millions of people and businesses.” The…