Sunday , November 24 2024

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Hit by China shutdown, Tesla boosts auto prices and sells bitcoin

Hit by China shutdown, Tesla boosts auto prices and sells bitcoin

Tesla reported solid quarterly earnings Wednesday despite a hit from Covid-19 lockdowns in Shanghai that Chief Executive Elon Musk said prompted the company to liquidate most of its bitcoin holdings. Musk, who has generated recent headlines over his controversial withdrawal from a $44 billion acquisition of Twitter, said the company …

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Airlines ordered to end controversial quick check-in services

Airlines have stopped charging customers for “quick check-in” services starting Wednesday per an order by the Civil Aviation Authority of Vietnam (CAAV). Dinh Viet Son, deputy head of the CAAV, said while the law doesn’t ban businesses from providing services to prioritize certain customers, but the extra fees for quick …

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Square proposed outside HCMC’s Ben Thanh Market

The HCMC Department of Planning and Architecture has suggested building a public square in front of Ben Thanh Market once the metro construction site there is cleared. It will have a park where the statues of Quach Thi Trang, a student who died in a protest against the Saigon regime …

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US Senate votes to move ahead on chip bill to compete with China

US Senate votes to move ahead on chip bill to compete with China

The U.S. Senate on Tuesday voted to move ahead with a slimmed-down version of legislation to provide billions of dollars in subsidies and tax credits for the semiconductor industry, hoping to ease a shortage that has disrupted production in industries from automobiles to electronics and high-tech weapons. The Senate backed …

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