Technology

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Porsche To Make High-Performance Battery Cells In New Venture

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Porsche is working in a joint venture with German lithium-ion specialist Custom Cells GmbH.

Governments Aim To Crack Down On Uber-Billionaires

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A group powerful enough to challenge the supremacy of the tech titans is on the verge of taking action.

Biden Targets Crypto Tax Evaders In Global Data-Sharing Pitch

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The Biden administration has proposed requiring the collection of data on foreign cryptocurrency investors.

Theranos CEO's Lavish Lifestyle Ruled Fair Game For Trial

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Prosecutors will claim Elizabeth Holmes's luxury lifestyle and status seeking pushed her to commit fraud.

Texas Billionaire's Supersonic-Jet Dream Dies As Aerion Folds

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The supersonic-jet developer founded by Robert Bass said it's ceasing operations.

Treasury Calls For Crypto Transfers Over $10,000 To Be Reported To IRS

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Cryptocurrency transfers create an opportunity for tax evasion, the Treasury Department said.

Elon Musk Is Now Blowing Up The Wall Street Case For Bitcoin

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Elon Musk helped legitimize cryptocurrencies. Now, his tweets are scaring investors off.

Ethereum Founder's $1 Billion Gift Rocks Shiba Coin Traders

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Shiba coins, a joke about the joke Dogecoin cryptocurrency, may help India fight Covid-19.

Dogecoin Surges On Musk Tweet As Crypto Rollercoaster Continues

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Musk's recent comments have sent bitcoin and associated stocks tumbling in recent days.

With World's First Electric Station Wagon, Porsche Delivers On Utility

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The $90,900 Taycan 4 Cross Turismo has telling signs that set it apart from the Taycan sedan.

Romanian Programmer Turns ‘Crazy Idea' Into $6 Billion Fortune

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Daniel Dines founded UiPath, an automation-software maker that raised $1.3 billion in a U.S. initial public offering.

Michael Dell's Fortune Soars To $51 Billion With Spinoff

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Dell's personal fortune is managed by MSD Capital, an investment firm led by Gregg Lemkau and John Phelan.

NFT Frenzy Shows Staying Power With $16.8 Million Sotheby's Sale

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The most famous NFT, a digital mosaic by the artist Beeple, sold for $69.3 million at Christie's last month.

TikTok Founder's $60 Billion Fortune Places Him Among The World's Richest People

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Zhang Yiming, 38, is among the world's richest, a distinction that lately has carried increased risks in China.

Crypto Investor Moves On To Picasso After $69 Million Beeple NFT Miss

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The Picasso, which depicts the artist's lover and muse Marie Thérèse, is from 1932.

Brevan Howard Runs $50 Billion Unit Like BlackRock's Aladdin

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For Brevan Howard, the additional revenue from Coremont is a vital source of fees after it saw a vast majority of its hedge fund assets flee

Rich Crypto Investors Going It Alone Pull Goldman Off Sidelines

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Much has changed since JPMorgan CEO Jamie Dimon called bitcoin a “fraud” in 2017.

Baseball Cards Go Crypto As Auction Houses Warm To New Currency

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Cryptocurrencies' volatility remains a barrier to broader adoption.

Family Offices Face Big Risks From Hackers and Scammers

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Boston Private says family offices aren't on enough guard for cyberattacks, investment risks and health scares.

Tesla Now Accepts Bitcoin As Payment For Cars, Musk Says

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California-based Tesla disclosed its $1.5 billion investment in Bitcoin in February.

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