(Photo: Roblox) Kid-friendly online gaming platform Roblox said it is planning to introduce a “safe” voice chat option for players in the future. During the company’s most recent investor call, Roblox vice president of engineering Adam Miller discussed the popularity of text communications on the platform, noting as of Dec. 31 of 2020, Roblox had processed more than 2 billion chat messages […]
Read moreTesla investing $1.5B in bitcoin does not impact their recent decline: ‘Tesla Daily’ host ‘Tesla Daily’ host Rob Maurer discusses how the electric vehicle company aims to build 1.5 million vehicles per year through their battery production. President Biden’s pick for chairman of the U.S. Securities and Exchange Commission is open to the use of digital currencies, but says investors […]
Read moreJeff Bezos would owe $5.7 billion in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by a group of Senate and House Democrats on Monday. The tax would be a 2% annual levy on wealth over $50 million and 3% on wealth over $1 billion. Elon Musk would owe $4.6 billion in 2020, and would still have a fortune […]
Read moreThe 2022 C40 Recharge is a new, all-electric compact SUV from Volvo. It has an estimated 261 miles of range and a completely leather-free interior. No pricing was announced at this time, but we expect it to start at around $54,000. Visit the Business section of Insider for more stories. You can now count the 2022 Volvo C40 Recharge on […]
Read moreArcher to launch flying taxi network in LA by 2024 Archer co-CEO Adam Goldstein says he’s confident his company can launch an air taxi service in 2024 because the technology needed is already invented. Electric aircraft maker Archer aims to make flying taxis a real thing soon. Adam Goldstein, Archer co-CEO, told FOX Business' “Varney and Co.” the network could take off in Los […]
Read moreAnglo-Australian supply chain finance group Greensill Capital says it has moved closer to a deal to sell its operating business. Greensill has entered a “period of exclusivity with a leading global financial institution with a view to concluding a transaction with them this week,” the firm said in a statement. Any deal is expected to include “large parts of Greensill’s […]
Read morePensions: House of Lords debate 'reciprocal' pensions agreement When you subscribe we will use the information you provide to send you these newsletters.Sometimes they’ll include recommendations for other related newsletters or services we offer.Our Privacy Notice explains more about how we use your data, and your rights.You can unsubscribe at any time. Pension assets worth billions are being targeted by […]
Read moreKohl's said it isn't planning for any further sales of its real estate to then lease it back, despite a group of activists pressuring the company to take this route to come up with cash. The group of investors has suggested Kohl's pursue a sale-leaseback program that could bring in more than $3 billion. But Kohl's said that doing more […]
Read moreAirlines are starting to position themselves for a travel revival. U.S. airlines lost more than $35 billion last year and continue to burn cash. Initiatives include hiring, buying new planes and training staff. U.S. airlines are laying the groundwork for a travel rebound that still looks months, if not years, away. Some carriers are buying new planes, while others are […]
Read moreWASHINGTON — Emergency loans made to small businesses during the coronavirus pandemic have been added to a list of government programs considered at high risk of waste, fraud or mismanagement. The most common of those emergency loans, PPP loans, are provided at a low interest rate and are fully forgivable under conditions that include spending a certain percentage on payroll […]
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