business

Coinbase Returns to Hawaii Seven Years After Exiting Market

Coinbase Returns to Hawaii Seven Years After Exiting Market

After a seven-year absence, Coinbase Global Inc. said it will resume offering crypto services to residents of Hawaii, the only state where it didn’t operate. The biggest US digital-asset exchange credited changes in local regulatory guidance with its decision to return to the Aloha State, which is home to about 1.4 million people. Hawaiians will now be able to trade cryptocurrencies and earn interest on their holdings through staking, a process where tokens are used to facilitate blockchain transactions, the San Francisco-based company said in a blog post Tuesday. Source link lol
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Mercedes, BMW Reveal Battery Makers Amid Fire Fears in Korea

Mercedes, BMW Reveal Battery Makers Amid Fire Fears in Korea

The South Korean units of Mercedes-Benz Group AG and BMW AG disclosed the names of the companies that supply their electric-vehicle batteries for the first time after an EV explosion in the country prompted a nationwide safety investigation. The German carmakers revealed the battery suppliers for their EV models Tuesday on their websites, after Hyundai Motor Co. and Kia Corp. shared the names of their battery makers in recent days. At a meeting Tuesday, the government said it planned to advise all EV makers to voluntarily disclose the names of battery suppliers, and offer free inspections to owners. Source link…
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Musk Blames Attack on X for Delay to Start of Trump Event

Musk Blames Attack on X for Delay to Start of Trump Event

Elon Musk’s conversation with Republican presidential nominee Donald Trump on the X social-media platform started some 40 minutes after it was scheduled, with the billionaire tech mogul blaming the delay on a cyber attack.“This massive attack illustrates there’s a lot of opposition to people just hearing what President Trump has to say,” Musk said when the event finally began. “This is really aimed at kind of open-minded, independent voters who are trying to make up their mind.” Source link lol
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Apple’s iPhone 16 Will Keep Sales Stable Until Bigger Changes Arrive

Apple’s iPhone 16 Will Keep Sales Stable Until Bigger Changes Arrive

Apple’s iPhone 16 will keep sales stable until more innovative models are ready next year. Also: A smaller Mac mini is underway; iOS 18’s Photos app changes course; and why the company is moving to a plastic version of its SE watch. Source link lol
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Millicom’s Board Committee Rejects Xavier Niel’s Improved Bid

Millicom’s Board Committee Rejects Xavier Niel’s Improved Bid

Millicom International Cellular SA rejected a raised offer from billionaire Xavier Niel who is seeking to buy the Latin American phone carrier for $4.4 billion. Niel’s Atlas Luxco Sarl last week offered $25.75 a share in cash for Millicom, which improved on a previous offer of $24 a share after the company’s independent board committee dismissed the initial offer as too low. In a statement published Friday, Millicom said the committee thinks the price offered remains unsatisfactory since it “continues to be well below trading multiples for comparable listed companies.” Source link lol
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