Bill Gates’ Best Bet to Trounce Jeff Bezos in Net Worth Rankings Is Really Boring

Bill Gates’ Best Bet to Trounce Jeff Bezos in Net Worth Rankings Is Really Boring

Original Author: Mark Emem – Go to Original Source

Bill Gates is currently around $1 billion richer than Jeff Bezos. For Gates’ net worth to stay above Bezos’, he’ll need Microsoft’s most boring division – cloud computing – to remain ridiculously lucrative. Luckily for Gates, Azure could become the software maker’s biggest business by 2023. Microsoft cofounder Bill Gates recently dethroned Amazon CEO Jeff […]

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Bill Gates’ Best Bet to Trounce Jeff Bezos in Net Worth Rankings Is Really Boring

Ford’s Electric Mustang Mach-E Is Terrible News for Tesla

Original Author: Ayush Singh – Go to Original Source

Ford’s new Mustang Mach-E is positioned against the Tesla Model Y. Both cars have similar features, but Ford enjoys a huge price advantage. The arrival of competitors threatens the profitability of Tesla. Elon Musk has never been afraid of competition. In fact, he has stated on multiple occasions that the mission of Tesla is “to […]

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Oh the Irony: Bank of America Bans Former PayPal Executive

Oh the Irony: Bank of America Bans Former PayPal Executive

Original Author: Ryan Smith – Go to Original Source

A former PayPal executive has posted a letter on Twitter of Bank of America closing down his account. The ironic ban was not lost on his followers, however, who criticize PayPal for its own censorship practices. Calls for censorship-resistant money like bitcoin are growing louder. A former PayPal executive revealed Monday that Bank of America […]

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Bill Gates’ Best Bet to Trounce Jeff Bezos in Net Worth Rankings Is Really Boring

Why Germany Is a Terrible Choice for the Newest Tesla Gigafactory

Original Author: Ayush Singh – Go to Original Source

Elon Musk said the company will be opening its new Gigafactory in Germany. Manufacturing in Germany is expensive and European car sales are weakening. Tesla doesn’t have enough cash to fund its product pipeline. In typical Elon Musk fashion, the billionaire tech mogul took to Twitter to announce that Tesla will be setting up a […]

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Bill Gates’ Best Bet to Trounce Jeff Bezos in Net Worth Rankings Is Really Boring

RH Short Sellers Decimated as Warren Buffett Announces Stake in the Company

Original Author: Kiril Nikolaev – Go to Original Source

Warren Buffett buys a significant stake in furniture retailer RH. The stock is up big in after-hours trading and bulls are rejoicing. About 36% of RH shares are sold short and they are about to get toasted. RH (NYSE:RH), formerly known as Restoration Hardware, is a company that has a history of battling short sellers. […]

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