Author archives: Cristian Bustos

A Bored Ape NFT was sold for $3,000 by accident —one-hundredth of its $300,000 market price. Maxnaut, the unfortunate seller, made the costly typo when listing the NFT for sale…

Elon Musk has been named “Person of the Year” by TIME magazine due to his meteoric success and immense influence exerted on the tech industry and the financial world in…

Bloomberg is in the spotlight for an article published Saturday that suggested American people should spend more and borrow money. The piece was ridiculed on Twitter by Sen. Ted Cruz’s…

U.S. inflation grew by 6.8% in November from the same month last year, the fastest pace since 1982. According to the consumer price index (CPI) report revealed Friday, the jump…

FedEx Corporation (NYSE:FDX) is aiming at shipping an additional 100 million packages in the holiday season, in a move to capitalize on growing e-commerce during the pandemic. To achieve this…

Brazilian fintech Nubank raised $2.6 billion in its IPO and managed to get more than 800,000 investors. Based on the listing price, Nubank has a market value of $41 billion…

Credit rating agency Fitch Ratings has downgraded fallen real estate developer China Evergrande Group (HKG:3333) to “restricted default” after it failed to meet its financial obligations. Analysts have been warning…

Tesla Inc (NASDAQ:TSLA)’s Cyberquad, an inexpensive electric ATV for children, is already out of stock just a few hours upon launching to the market. The product is expected to stir…

Social media videos posted by drivers and car reviewers show how video games on Tesla Inc (NASDAQ:TSLA) vehicles can be accessed while in motion. The revelation comes after the company’s…

Rohingya refugee groups in Burma have sued Meta Platforms Inc (NASDAQ:FB) for $150 billion on Monday, arguing it has not done enough on the Facebook platform to tackle hate speech…