Business

192 Posts
Entrepreneur
Entrepreneur
· May 22

Tesla Will Now Accept Cybertruck Trade-ins — Here’s How Much It’s Worth

Tesla has started accepting trade-ins for its Cybertruck after initially refusing them, amid disappointing sales figures with only about 40,000 out of over one million reservations converted into orders. The trade-in program reveals significant depreciation, with a 2024 Cybertruck AWD Foundation Series losing roughly 34.6% of its value within a...
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Autos
Coindesk
Coindesk
· May 22

Bitcoin Smashes Past $111K, Setting New Record Highs, on Institutional Fervor

Bitcoin (BTC) surged past $111,000 for the first time, reaching an all-time high driven by increased institutional investment and public companies adopting BTC as a treasury asset. Major cryptocurrencies like XRP and Dogecoin showed little movement, while ETF inflows reached $3.6 billion in May alone, indicating strong institutional demand. Options...
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Business
Premiumtimesng
Premiumtimesng
· May 22

Ramaphosa meets Trump, denies US President’s claim of ‘White genocide’ in South Africa

During a meeting at the Oval Office, US President Donald Trump accused South Africa of “White genocide,” claiming numerous white farmers had been violently killed amid land ownership disputes. South African President Cyril Ramaphosa refuted these claims, emphasizing that the government does not support such violence and denying any confiscation...
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Business
Makeuseof
Makeuseof
· May 22

Google’s Best AI Tool Can Now Create Video Explainers

Google’s AI-powered note-taking tool is introducing Video Overviews, a new feature that creates video explainers from your notes. This addition complements the existing Audio Overviews, which generate podcast-style summaries with AI hosts. The video explainer feature aims to enhance note comprehension by providing a visual and auditory format. The update...
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AI
Rollingstone
Rollingstone
· May 22

South African President Calls Out Trump: ‘I’m Sorry I Don’t Have a Plane to Give You’

During a tense Oval Office meeting, South African President Cyril Ramaphosa confronted President Donald Trump over unfounded claims that white farmers in South Africa are victims of genocide, urging Trump to listen to South Africans’ voices for accurate perspectives. Despite South African courts and agricultural leaders rejecting these genocide claims,...
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Business
Bloomberg
Bloomberg
· May 21

Chatbot Arena Group Goes From Academic Project to $600 Million Startup

Chatbot Arena began as a research project at the University of California, Berkeley, focusing on evaluating AI tools. It has now evolved into a startup named LMArena, securing $100 million in seed funding led by Andreessen Horowitz and UC Investments. The funding round also includes Lightspeed Venture Partners, Felicis Ventures,...
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Business
Bitcoinmagazine
Bitcoinmagazine
· May 21

Bitcoin Price Breaks Record All Time High With Surge Above $109,000

Bitcoin reached a new all-time high, surpassing $109,000 and peaking at $109,800, driven by significant institutional inflows and positive policy developments. Nearly $1 billion flowed into Bitcoin ETFs over two days, highlighting strong institutional demand, while traditional financial institutions like JPMorgan facilitate greater client access to Bitcoin. In Washington, bipartisan...
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Business