Elon Musk Takes a Jab at Jeff Bezos Over Nonsensical Space Colony Idea

Elon Musk Takes a Jab at Jeff Bezos Over Nonsensical Space Colony Idea

Original Author: Francois Aure – Go to Original Source

By CCN: Billionaires Elon Musk and Jeff Bezos are back at it. With a long history of friction, the two tech giants love to throw shade on each others space plans. The SpaceX and Tesla boss couldn’t wait to destroy the Amazon boss’ vision for building communities in space. Makes no sense. In order to grow the colony, you’d have to transport vast amounts of mass from planets/moons/asteroids. Would be like trying to build the USA in the middle of the Atlantic Ocean! — Elon Musk (@elonmusk) May 23, 2019 SpaceX Snub Has Reignited Feud Between Elon Musk and Jeff

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Telecom Giant AT&T Gains First-Mover Status by Accepting Crypto

Telecom Giant AT&T Gains First-Mover Status by Accepting Crypto

Original Author: P. H. Madore – Go to Original Source

By CCN: AT&T announced today that it is accepting crypto payments through Bitpay, which supports a number of major cryptocurrencies. A short press release notes that the integration is complete and users can make payments with Bitpay via the AT&T website or through the mobile app. AT&T is the First Mobile Carrier to Accept Payment in Cryptocurrency: Customers Can Now Use BitPay to Pay Online Bills https://t.co/ErPtng2ELz — BitPay (@BitPay) May 23, 2019 2019: Year of Major Companies Accepting Crypto AT&T Vice President of Communications Finance Business Operations Kevin McDorman stated: “We’re always looking for ways to improve and expand

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Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

Still Reeling From $54 Million Bitcoin Hack, Binance Sues Sequoia Capital

Original Author: Samantha Chang – Go to Original Source

By CCN: Binance CEO Changpeng Zhao — who is still reeling after a $54 million bitcoin hack — is suing Sequoia Capital China, a unit of California-based venture capital firm Sequoia Capital. In his May 20 legal filing with the High Court in Hong Kong, Zhao claims Sequoia Capital China prevented him from raising capital between Dec. 27, 2017 and March 1, 2018 at the height of the bitcoin bull market. Zhao Seeks an Accounting of Damages Zhao did not respond to repeated requests for comment from CCN about his claims. However, in his filing, which was leaked to CoinDesk,

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Eric Swalwell’s Campaign Ad Is So Cringeworthy He Might Be a Genius

Eric Swalwell’s Campaign Ad Is So Cringeworthy He Might Be a Genius

Original Author: Steven Buchko – Go to Original Source

By CCN: Rep. Eric Swalwell, the Democratic presidential nominee you’ve probably never heard of, recently released a campaign video weird enough to make your junior high self cringe. The representative from California announced his intent to run for president in April and has gained some recent notoriety as one of only two candidates to accept cryptocurrency donations. (If you’re curious, Andrew Yang is the other.) TONIGHT: California Representative @EricSwalwell announces on @colbertlateshow that he is running for President! #LSSC pic.twitter.com/bvzBPIkSnz — The Late Show (@colbertlateshow) April 8, 2019 Before heading off on the campaign trail, though, Swalwell first needs to

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Billionaire’s Tesla Gamble Cost Him $420 Million in 6 Months

Billionaire’s Tesla Gamble Cost Him $420 Million in 6 Months

Original Author: Wes Messamore – Go to Original Source

By CCN: Elon Musk isn’t the only tech billionaire with a gaping Tesla-shaped dent in his net worth this year. As Tesla’s stock price crashes and burns, Oracle founder Larry Ellison is deep in the red with his massive stake in the company. World’s 7th-Richest Man Bet $1 Billion on Elon Musk At Oracle’s analyst meeting last October, Ellison – the world’s seventh-richest man with a net worth of $57.6 billion – disclosed that the electric car company was his second largest investment. “My second largest investment, I’m not sure how many people know. I’m very close with Elon Musk,

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