Elon Musk snipes at Apple twice on Tesla earnings call

Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday.

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New Nokia smartphone is a ‘military grade’ model with 5G that can take a beating

The Nokia XR20 comes with a tough 6.67-inch Gorilla Glass Victus display, 5G internet and a dual-lens camera.

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Facebook creates exec team to work on Mark Zuckerberg's vision for a digital universe

The metaverse team will be part of Facebook's virtual reality group, Reality Labs, executive Andrew Bozworth said in a Facebook post on Monday.

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Tesla records $23 million in bitcoin-related impairments after cryptocurrency's second-quarter plunge

Tesla said in its second-quarter earnings statement that bitcoin-related impairments of $23 million dragged down operating income.

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Tesla reports more than $1 billion in net income during Q2, up tenfold from a year ago

Tesla reported earnings after the bell. Here are the results.

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A tax loophole is helping bitcoin holders save tons of cash by avoiding federal taxes

With crypto tokens, wash sale rules don't apply, meaning that you can sell your bitcoin and buy it right back, whereas with a stock, you would have to wait 30 days.

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Why some investors are banking on a bitcoin IRA instead of Social Security

More investors are turning to self-directed IRA accounts as a way to bet on bitcoin in their retirement portfolios.

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China orders Tencent to give up exclusive licensing rights as crackdown continues

China's antitrust regulator ordered Tencent to give up its exclusive licensing rights with international record labels and slapped a $$77,000 fine on the company.

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Rivian raises $2.5 billion in new funding round led by Amazon, Ford

The electric vehicle start-up said it has raised about $10.5 billion to date.

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More money chases Indian tech start-ups as investors shun Chinese names

Shares of food-delivery app Zomato soared as much as 82% in their debut on the National Stock Exchange of India.

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Shares of Indian food delivery start-up Zomato jump over 70% in market debut

As of 12:55 p.m. HK/SIN, Zomato shares traded at 130.7 rupees, slightly off an earlier session high of 138.90 rupees.

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Snap pops more than 15% on earnings beat and user growth

Snap on Thursday reported its second quarter earnings, beating expectations across the board for earnings, revenue and user growth.

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Intel beats as PC platform volume increases 33% from last year

CEO Pat Gelsinger has announced plans for Intel to transform itself by manufacturing chips for other companies.

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Twitter posts fastest revenue growth since 2014 in pandemic rebound

Twitter's business rebounded in the second quarter after experiencing a sharp decline last year with the arrival of the coronavirus pandemic.

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Warner Bros. to produce more than 10 films exclusively for HBO Max release

Warner Bros. will bolster HBO Max next year with more than 10 new movie titles made exclusively for the streaming service.

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Smartphone shipments in India fell 13% on-quarter as Chinese firms maintain their stronghold

Smartphone makers shipped about 32.4 million devices in India between April and June, according to research firm Canalys.

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Elon Musk says Tesla caused two-thirds of his personal and professional pain

Musk also acknowledged that Tesla is still not manufacturing its custom-designed 4680 cells for commercial use in electric cars or energy storage systems yet.

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Elon Musk says Tesla will likely start accepting bitcoin again

Tesla paused accepting bitcoin over environmental concerns.

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Ethereum price rises after Elon Musk confirms he owns the cryptocurrency

Musk also expressed his support for cryptocurrency in general, despite environmental concerns related to mining.

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Elon Musk says Tesla Supercharger network will be open to other cars this year

Tesla CEO Elon Musk said Tuesday that the company's network of DC fast-charging stations for its electric vehicles, also known as the Tesla Supercharger network, will be open to other types of electric vehicles in 2021.

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