Sep 06, 2022
Cryptoverse: Bitcoin’s no longer the king of the swingers

By Lisa Pauline Mattackal (Reuters) - Bitcoin's been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring. Yet, of late, it's been eerily subdued. The king of the swingers has been uncharacteristically treading water for days…

Sep 06, 2022
Inside Tesla’s drive to keep Musk’s battery promise

By Norihiko Shirouzu and Paul Lienert (Reuters) - The secret behind Elon Musk's goal of selling 20 million Tesla's a year by 2030 lies in its pioneering battery technology. The good news is that by using bigger cells and a…

Aug 29, 2022
Honda Motor, LG Energy to build $4.4 billion U.S. EV battery plant

TOKYO/WASHINGTON (Reuters) - Japan's Honda Motor Co will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd, the two companies said on Monday. Battery makers are…

Aug 26, 2022
FedEx sues, then cuts ties with delivery contractor Patton

By Lisa Baertlein LOS ANGELES (Reuters) -FedEx Corp on Friday filed suit asking a federal judge to stop one of its largest delivery contractors from spreading misinformation about its business for financial gain, and confirmed that it severed its relationship…

Aug 25, 2022
Rock-hunting NASA rover reveals Martian crater’s surprising geology

By Will Dunham WASHINGTON (Reuters) - Core samples drilled by NASA's Perseverance rover on the Martian surface are revealing the geology of a gaping crater scientists suspect may have harbored microbial life billions of years ago, including surprises about the…

Aug 24, 2022
Twitter staff exodus accelerates amid Musk battle, whistleblower complaint

By Sheila Dang and Nivedita Balu (Reuters) - Twitter Inc is facing more employee departures, company executives told staff on Wednesday, as leaders sought to address multiple challenges, including whistleblower https://www.reuters.com/markets/deals/twitter-whistleblower-could-help-musk-by-adding-volatility-legal-battle-2022-08-23 allegations and a legal battle with billionaire Elon Musk.…

Aug 23, 2022
Cryptoverse: A mixer with your crypto cocktail?

By Lisa Pauline Mattackal (Reuters) - The DeFi dream is shaken. And stirred. The grand crypto project has declined in 2022: total user funds deposited in decentralized finance has shrunk to about $61 billion from over $170 billion at the…