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Why Saudi Arabia Would Want to Invest in Elon Musk and Tesla

At first blush, Elon Musk and the Kingdom of Saudi Arabia may appear to be strange bedfellows. The latter is a country that owes its massive wealth to Big Oil, and the former is a Silicon Valley entrepreneur determined to “accelerate the transition to sustainable energy” with electric cars and …

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Oppo’s latest phone has the best notch yet

Oppo has announced the F9, a phone with a notch that actually looks pretty great. Seriously, look at it — it’s smaller and less obtrusive than even the Essential Phone’s, with a speaker sleekly integrated into the top edge of the phone. It doesn’t require an extra-thick on-screen status bar, …

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MoviePass posts huge quarterly loss, shareholders sue

MoviePass parent Helios and Matheson has quietly posted its quarterly earnings report, revealing that operating losses have ballooned from less than $3 million this quarter last year to $126.6 million in the three-month period ending June 30, 2018. Losses undoubtedly stem from MoviePass’ struggle to generate revenue from its theater …

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Elon Musk's Tesla Tweets Could Spark a Fight With the SEC

Elon Musk is, if nothing else, a warrior. He has battled short sellers. He was waged war against the auto industry and the National Transportation Safety Board. He has scrapped with the media and Los Angeles traffic and, because 2018, Azealia Banks. Now, Musk may be in yet another battle, …

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Square Cash expands bitcoin support to all 50 US states

Square has expanded bitcoin support in its Cash App to all 50 US states, the company said in a tweet on Monday. The expansion comes after Square revealed in its earnings report that bitcoin had a profit margin of $420,000 in Q2, after the company spent $36.6 million to gain …

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