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LONDON/NEW YORK (Reuters) - Large companies from carmaker Tesla Inc to business intelligence firm MicroStrategy Inc have swapped billions of dollars in cash for bitcoin in recent months.
Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a US$139bil (RM566.08bil) fortune.
PLA journal says the country needs to master technologies such as 5G, blockchain and AI to guarantee its security. Article comes at a time when confrontation with US is intensifying, but China is still lagging behind in some areas.
HSBC Holdings Plc told its staff to stop posting on all the bank’s social media accounts over fears of "negative reactions” to the revelations in leaked suspicious activity reports.
A rising number of central banks are likely to issue their own digital currencies in the next few years, research by the Bank for International Settlements showed.
Expected launch next year raises new questions for China, analysts say.
Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over US$4.5bil in the region's largest private financing round that included SoftBank's Vision Fund.
Phone makers will focus on foldable screens and the introduction of blazing fast 5G wireless networks at the world’s biggest mobile fair starting Feb 25 in Spain as they try to reverse a decline in sales of smartphones.
SenseTime, the world’s most valuable artificial intelligence start-up, joins Megvii and Yitu Technology in establishing a beachhead for Chinese-developed facial recognition applications in major South-East Asian markets.