Tag: overnight
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Elon Musk ‘Emphasizes’ That the Hertz Deal Has Not Been Signed
Elon Musk said Tesla Inc. hasn’t yet signed a contract with Hertz Global Holdings Inc., despite the car rental company last week announcing a record order for 100,000 Model 3 sedans for $4.2 billion. Musk was replying to a tweet from an account named Tesla Silicon Valley Club, which showed a chart of Tesla’s rising…
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Clubhouse CEO Says the Once-Hot Startup Grew ‘Way Too Fast’
Clubhouse, the audio-only app designed to be a virtual conference hall, generated heavy buzz during the peak of the pandemic and received a $4 billion valuation earlier this year. In the months since then, that excitement seems to have cooled. The red-hot start may have been a drawback, Clubhouse Chief Executive Officer Paul Davison said…
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More Vaccine-Hesitant Hongkongers Are Finally Signing Up for COVID-19 Shots. Is It Because of the Give-Aways, or the Outbreak Nearby?
For months, Hong Kong’s leaders have fretted about the city’s low COVID-19 vaccination rates. Despite vaccines being plentiful, free and available to anyone who wants one at a slew community health centers, just 18% of the city’s 7.5 million people chose to get a shot between February and the end of May. But, there are…
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World’s Richest People Are Now $813 Billion Wealthier Despite the Pandemic
The huge boost to the fortunes of technology and health-care billionaires during the coronavirus pandemic may be the beginning of a more permanent trend. The Covid-19 shock could act as a catalyst to spur increased opportunities for those who offer digital or other tech solutions, while the wealth of those in older industries may in…
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Twitter Says Hackers Targeted 130 Accounts in Cyber-Attack
Twitter Inc. showed hackers targeted only 130 accounts during the cyber-attack this week which jeopardized a number of the planet ’s most identifiable individuals, despite no passwords were stolen. The U.S. company said the still-unknown perpetrators had obtained control of a subset of those accounts and were able to send tweets. Twitter has blocked info…
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Trump’s ‘Phase One’ Trade Deal With China Won’t Stop Trade Wars From Being the New Normal
President Donald Trump is forecast to sign “stage one” of a U.S.-China commerce bargain Wednesday–marking a cooling of the trade warfare that’s roiled markets along with upset supply chains around the globe. On paper, the deal will enhance Intellectual Property (IP) security, tackle forced technology transfer and boost market access to crucial sectors of the…
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How Did Fugitive Former Auto Executive Carlos Ghosn Escape Japan? Here Are a Few of the Theories
Did Carlos Ghosn do it? The former head of Nissan Motor Co. and Renault SA, that was awaiting the first of two trials in Tokyo, somehow evaded almost round-the-clock video and manned surveillance and heavy restrictions on his liberty of movement to flee to Lebanon. From that point, Ghosn published an email Tuesday decrying that…
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Taylor Swift, Will Ferrell and Gloria Steinem Lead Sundance 2020 Lineup
(NEW YORK) — A documentary on Taylor Swift will kick off the next Sundance Film Festival, where new films including the Will Ferrell-Julia Louis Dreyfus remake of the Swedish film “Force Majeure” and Benh Zeitlin’s long-awaited follow-up to “Beasts of the Southern Wild” are set to premiere. Programmers for the preeminent showcase for independent cinema,…