Business

Elon Musk Urges Twitter Followers To Use WhatsApp Rival

Elon Musk encouraged his Twitter followers to use WhatsApp rival messaging app, Signal. Elon Musk urged his Twitter followers to use Signal, a messaging app. As a result, the stock price of an unrelated company with a similar name skyrocketed. Signal Advance’s shares surged 91 percent on Friday to $7.19. On Thursday, and the stock

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Business

Tesla’s CEO Elon Musk Could Be World’s First Trillionaire

Tesla’s stock is likely to triple from its current valuation, making the electric car company’s CEO Elon Musk the first trillionaire. American-Canadian venture capitalist Chamath Palihapitiya told CNBC Thursday that Tesla’s stock could be worth three times its current levels. As a result, Tesla’s chief executive Elon Musk could be the world’s first trillionaire. During

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Business

Elon Musk Is Only $11 Billion Behind Jeff Bezos; Bill Gates Loses Another Billion

Elon Musk has gotten richer just five days into 2021. It was previously reported that the 49-year-old billionaire was only $20 billion behind Amazon CEO Jeff Bezos, and the gap is closing in at only $11 billion as of Jan. 5. Bezos is worth $186 billion, according to the Bloomberg Billionaires Index, while Musk is

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Business

Chinese Online Education App Zuoyebang Raises $1.6B From Investors Including Alibaba Group

This year witnessed a cut-throat competition between top Chinese online learning apps due to the coronavirus pandemic. Zuoyebang recently became the latest company to score a notable funding round. On Dec. 28, the company announced that it has raised a $1.6 billion Series E+ from several investors including Alibaba Group. Returning investors such as FountainVest

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Business

Facebook To Add More Security Features Next Year

Facebook will allow users to prepare physical safety keys in a bid to confirm their identity before logging into the social network’s mobile app from 2021. Social media giant Facebook will be allowing its users to use a hardware security key that can be connected to a desktop computer before each log-in. These hardware keys

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Business

Elon Musk Says Apple’s CEO Refused To Talk About Acquiring Tesla

Elon Musk is accusing Apple chief executive Tim Cook of avoiding the takeover deal. Elon Musk, in his tweet, said Apple CEO Tim Cook snubbed talks to purchase Tesla back in 2017. He admitted that he reached out to the Apple boss during the darkest days of his California-based electric car company. Tesla was valued

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Business

Elon Musk Within Striking Distance Of Jeff Bezos For World’s Richest Man Title

Elon Musk is now worth $155 billion, and getting closer to the current world’s richest man, Jeff Bezos, estimated to be worth $185 billion. Tesla’s outstanding performance this year proved critics of the fast-rising tech company wrong. The man behind this ambitious project, Elon Musk is now worth $155 billion. Moreover, he is within striking

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Business

Elon Musk Dethrones Bill Gates As The World’s Second-Richest Person

Elon Musk overtook Bill Gates as the world’s second-richest person following a surge in his net worth amid a rise in his company’s shares. Elon Musk overtook business magnate Bill Gates on Monday, becoming the world’s second-richest person as his net worth skyrocketed from $7.2 billion to $127.9 billion, after a surge in the company’s

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Business

Elon Musk Replaces Mark Zuckerberg As The World’s Third-Richest Person

Founder of Space X and Tesla Elon Musk is now the world’s third-richest person, replacing Facebook CEO Mark Zuckerberg. Jeff Bezos and Bill Gates are the first two. Elon Musk replaced Mark Zuckerberg to grab the third spot in the list of the world’s richest people, pushing the Facebook chief executive to the fourth position.

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Business

Huawei Sells Its Honor Phone Business After US Cuts Off Chip Supply

The Honor smartphone business of Huawei Technologies Co. has been acquired by a Chinese government-backed consortium, for an amount the company hasn’t revealed yet. The move is hardly surprising considering that US President Donald Trump’s administration obstructed its access to American technology. The aforesaid consortium was formed with over thirty Honor’s partners, the Shenzhen Smart

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