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Crypto price surge invites a torrent of crypto crime

Crypto price surge invites a torrent of crypto crime Daniel Howley Bitcoin soared past $50,000 per coin for the first time on Tuesday, and three days later its market cap surpassed $1 trillion. To say the cryptocurrency and altcoins have been on a tear is an understatement — especially after Tesla (TSLA) bought $1.5 billion in bitcoin earlier this month. And as the prices of these digital assets increase, so does the temptation to heist cryptocurrency. The Justice Department u...
New York United States North Korea Noord Holland North Korean Chester Wisniewski
Source: msn.com

Tesla's big bitcoin bet could come back to bite the EV maker

Tesla’s big bitcoin bet could come back to bite the EV maker Daniel Howley Tesla’s big bitcoin bet Tesla’s (TSLA) revelation Monday that it bought $1.5 billion worth of bitcoin (BTC-USD) has already paid off for the electric vehicle maker, with its holdings growing by 35% as of Tuesday, according to a Yahoo Finance analysis. But the good times won’t last forever thanks to the cryptocurrency’s erratic swings. “Its extremely unusual to see a company take risk with corp...
United Kingdom Hannibal Hanschke Elon Musk Jared Blikre Eric Gaillard Jerry Klein
Source: msn.com

Apple Car would take the tech giant to the next level — even if it's a long shot

Apple Car would take the tech giant to the next level — even if it’s a long shot Daniel Howley In the next few years, you could be driving an Apple car Like aliens, Bigfoot, and the Loch Ness Monster, the long-fabled Apple (AAPL) Car is once again said to be on its way. According to Reuters, the tech giant is now targeting 2024 to build its own self-driving, electric-powered passenger vehicle that could pose a threat to Tesla (TSLA). While there are obvious reasons why a “...
New York United States Katy Huberty Craig Irwin Bob Mansfield John Giannandrea
Source: msn.com

Yahoo finance: Tesla is a 'prime' candidate to see its stock plummet after it enters S&P 500, analyst says

Daniel Howley·Technology EditorTue, December 15, 2020, 4:18 PM EST·4 min read Tesla (TSLA) has been one of the hottest stocks of 2020, with share prices skyrocketing 582% just this year. But at least one analyst says the electric vehicle company’s price is too high, contending it should be worth between $60 to $80 rather than more than $600 a share. Gordon Johnson, founder and CEO of GLJ Research, told Yahoo Finance Live on Monday that Tesla’s lofty valuation will soon come crashing dow...
New York United States Gordon Johnson Elon Musk Axel Springer Daniel Howley

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Apple and Facebook are locked in an 'Epic' battle over privacy

Apple and Facebook are locked in an Epic battle over privacy Daniel Howley A scorched-Earth campaign Apple (AAPL) and Facebook (FB) have one of the fiercest business rivalries in the world, and the tech giants just launched dual scorched earth campaigns that could hurt both companies’ businesses. The tech titans have been at each other’s throats for years, with Apple CEO Tim Cook saying Facebook deprives people of the human right to privacy, and Facebook CEO Mark Zuckerberg ...
New York United States San Francisco Eric Risberg Dan Levy Dave Stangis Davestangis
Source: msn.com

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