$260 billion wiped off crytpocurrency marketplace in 24 hours as bitcoin plunges underneath $50,000

GUANGZHOU, China — Bitcoin and different virtual cash plunged on Friday wiping over $260 billion off the worth of the cryptocurrency marketplace. At round 14:06 p.m. Beijing time, bitcoin was once down just about 10% within the ultimate 24 hours…

Tesla branded as ‘smug’ in China as drive mounts at the electrical carmaker

Tesla CEO Elon Musk speaks at a gap rite for Tesla China-made Fashion Y program in Shanghai on Jan. 7. Aly Tune | Reuters BEIJING and GUANGZHOU, China — Tesla faces mounting drive in China as state media and regulators…

US summit displays ‘lengthy technique to cross’ in world local weather battle

Press play to hear this text The U.S. is sort of again on the planet’s local weather mainstream. On Thursday, President Joe Biden introduced the U.S. would slash its greenhouse fuel emissions through 50 % to 52 % through 2030,…

NATO leaders to fulfill for Brussels summit June 14, Biden anticipated to wait

NATO leaders will cling a summit in Brussels on June 14 to talk about updating the alliance’s technique on key demanding situations together with Russia and China, Secretary Basic Jens Stoltenberg stated Thursday. US President Joe Biden is anticipated to…

Seek for Indonesia submarine makes a speciality of oil slick off Bali

Indonesia’s military ships are intensely looking out the waters the place one among its submarines used to be remaining detected earlier than it disappeared with 53 other people on board, as neighboring international locations are set to enroll in the…

Merkel: EU ‘almost definitely’ wishes treaty adjustments, particularly for well being coverage

German Chancellor Angela Merkel stated Wednesday she is open to creating adjustments to the EU’s founding treaties, specifically within the house of well being coverage, and instructed the bloc to search out tactics to make its international coverage extra environment…

Tesla apologises to Chinese language customers, plans to treatment proceedings

Tesla sells about 30 p.c of its vehicles in China, the place it has confronted proceedings and complaint over problems equivalent to battery fires. Tesla Inc has apologised to Chinese language customers for now not addressing a buyer’s proceedings in…

Europe throws down gauntlet on AI with new rulebook

Press play to hear this text The Eu Union unveiled the arena’s first plans to control synthetic intelligence on Wednesday, doubling down on its position as an international rulemaker and difficult allies — specifically the US — to get on…

90-year-old lady conned out of $32 million through fraudsters in Hong Kong’s greatest ever telephone rip-off

Hong Kong — A 90-year-old Hong Kong lady has been conned out of $32million through fraudsters posing as Chinese language officers, police mentioned, within the town’s greatest recorded telephone rip-off. Hong Kong’s aged are plagued through telephone scammers who hunt down…

Iran nuclear talks make ‘development,’ will reconvene subsequent week

VIENNA — Negotiators looking to get the U.S. and Tehran again into compliance with the Iran nuclear deal are making development, in line with officers, with some even pronouncing the talks have reached a midway level. However the talks stay…