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Tesla hits $500 billion market cap for the first time

KEY POINTS Tesla surpassed a $500 billion market cap on Tuesday. Shares of Tesla closed up 6.4% to trade at…

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YouTube suspends OANN for a week after it posted fake Covid-19 cure

KEY POINTS YouTube barred One America News Network from posting new videos and livestreaming for one week, after the right-leaning…

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Bitcoin price reaches three-year high of more than $19,000

World’s biggest cryptocurrency has become more attractive to investors in Covid crisis The price of bitcoin has broken through $19,000…

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Elon Musk becomes world’s second-richest person

Elon Musk has officially overtaken Bill Gates to become the world’s second-richest person, Business Insider reported on Tuesday. Musk’s net…

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Alibaba CEO strikes conciliatory tone on China’s plans for tougher tech regulation

Hong Kong (CNN Business)Alibaba CEO Daniel Zhang has described plans by Chinese regulators to tighten restrictions on internet companies as “timely and…

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Robots are joining the fight against coronavirus in India

London (CNN Business)In India, the country with the world’s second-highest number of Covid-19 cases, a handful of hospitals has started to use…

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Online Black Friday will be a stiff test for the virtual high street

Coronavirus may be doing its best to cancel Christmas but, for the time being anyway, shoppers are carrying on regardless, with…

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Amazon enters online pharmacy business

Amazon.com launched an online pharmacy called Amazon Pharmacy, allowing customers in the US to order prescription medications for home delivery,…

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Ripple Price rejected from a critical resistance level again, hinting at a pullback

XRP price has hit the critical resistance barrier at $0.26 again and got rejected.  The price is now bounded between…

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Facebook reports a decline in users in the U.S. and Canada

KEY POINTS Facebook stock remained relatively flat on Thursday after the company reported a decrease in users in the U.S.…

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