It isn’t clear yet if Elon Musk simply doesn’t have a filter and says the first thing that comes to his mind or if everything he says is a carefully designed smoke grenade to attract attention away from the 15 ongoing fires that he keeps having to put out. Let’s Go to Mars Case in […] The post Elon Musk Brags About SpaceX Going to Mars. Let’s Send Him First appeared first on CCN Markets
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Following Donald Trump’s sudden and mysterious tweets regarding bitcoin last week, Treasury Secretary Steven Mnuchin held an unexpected press conference on Monday. He used coded language telegraphing the end of bitcoin and cryptocurrency. The Feds Want to Stop Crimes and Stabilize Markets Steven Mnuchin was not lying when he said that the federal government wants […] The post Treasury Secretary Seals Bitcoin’s Impending Death by a Thousand Cuts appeared first on CCN Markets
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This should be a happy time for Tesla. After recently confounding critics by breaking its quarterly record for vehicle deliveries in Q2 2019, its share price rocketed over seven percent, closing the day just over four percent higher. After a miserable quarter plagued with boardroom infighting, resignations, missed delivery targets, lukewarm sales, safety scandals, lawsuits […] The post Why Elon Musk Could Use Some Steve Jobs-Like Wizardry to Fix Tesla appeared first on CCN Markets
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Netflix announced on Tuesday that NBC would not extend its licensing agreement for the hit comedy “The Office” beyond January 2021. NFLX stock shed about 3 percent on the day. Why is this move significant for Netflix? It all comes down to competition, and ultimately, the company’s economics. Licensing on Its Way Out When Netflix […] The post Netflix Says to Binge-Watch The Office as NBC Takes Show Back appeared first on CCN Markets
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By CCN Markets: You might think that Tyler Winklevoss has gotten ahead of himself by predicting the bitcoin price could cross $15,000 if it surpasses the $10,000 level. That is unless your name is John McAfee, in which case that forecast is absurdly low. McAfee is doubling down on his bullish price prediction, saying that BTC $100,000 will open the floodgates for the cryptocurrency to power higher to $1 million. Unfortunately for the Winklevii, that wasn’t the end of the trolling. McAfee took it a step further by tweeting an…
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By CCN Markets: There’s nothing more entertaining than a socialist trying to debate a capitalist. Actually, the one thing more entertaining is watching Alexandria Ocasio-Cortez, aka AOC, aka Jar Jar Binks debating Amazon.com AOC Tries to Play with the Big Kids On ABC’s “This Week”, AOC said: “I spend more time thinking about Amazon warehouse workers…if you’re average Amazon worker is making a living wage, if they have guaranteed health care, and if they can send their kids to college tuition-free…paying them starvation wages, stripping them of their ability to…
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By CCN Markets: Facebook has managed to lure some big names to support its cryptocurrency endeavor. According to a report in the Wall Street Journal, payment giants Visa and Mastercard in addition to PayPal and Uber have all jumped onto Mark Zuckerberg’s crypto bandwagon. They are each going to pour $10 million into the project for the opportunity to be part of the governance structure of the new cryptocurrency. They even have a name and will be part of what Facebook is calling the Libra Association in a nod to…
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By CCN: For a company that can’t even employ staff members capable enough to direct shoppers to the right aisle, Walmart is taking an enormous gamble asking customers to trust them to enter their homes. But that’s exactly what the Bentonville, Ark. behemoth is planning to do in a bid to take on Amazon in the burgeoning home-delivery market. It is pure madness. But will it work? Anyone Want Walmart Employees in Your Home? Walmart is going to launch refrigerator deliveries in Kansas City, Missouri, Pittsburgh, and Vero Beach, Fla.…
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