New IRS Crypto Tax Form: What Your Broker Will Report Next Year
Apr 21, 2024 16:26 pm UTC| Technology Digital Currency Business Law
The IRS has introduced a draft of the 1099-DA tax form, a new document for reporting cryptocurrency transactions. Set to impact brokers and investors, this form will track gains and losses in digital asset exchanges...
Tesla's Bold $8,000 FSD Cut Targets US, Drops Prices $2,000 in China
Apr 21, 2024 15:12 pm UTC| Technology Business
Tesla is aggressively pursuing market expansion by reducing the price of its Full Self-Driving (FSD) software to $8,000 in the U.S. and decreasing model prices by $2,000 in China amidst escalating competition. Musks...
Wealth Managers to Increase Bitcoin ETF Investments, Says Bitwise CEO
Apr 21, 2024 13:10 pm UTC| Technology Digital Currency Business
According to Bitwise CEO Hunter Horsley, U.S. wealth management firms are poised to expand their holdings in Bitcoin ETFs, reflecting a robust demand for cryptocurrency investments following the recent Bitcoin...
Tesla Trims Prices on Models Y, X, S Amid Sales Dip; Musk Delays India Trip
Apr 20, 2024 11:49 am UTC| Technology Business
Tesla has reduced the prices of its Model Y, X, and S vehicles by $2,000 to boost sales following disappointing first-quarter delivery numbers. Meanwhile, CEO Elon Musk postponed his anticipated trip to India due to...
Tesla's Elon Musk Teases Full Self-Driving Launch in China, Postpones India Visit
Apr 20, 2024 09:46 am UTC| Technology Business
On Saturday, Teslas CEO Elon Musk teased the near-term rollout of Full Self-Driving (FSD) in China and announced a delay in his awaited visit to India, attributing it to pressing Tesla commitments. FSD in China: An...
Kia Unveils $15,000 EV2, Spearheading Affordable Electric Vehicle Drive
Apr 20, 2024 06:57 am UTC| Technology Business
Kia has unveiled the EV2, its newest addition to the electric vehicle market, priced at around $15,000. This compact SUV, seen in recent test footage, is part of Kias broader strategy to introduce a range of affordable...
Tesla Cybertruck Recall: NHTSA Flags 3,878 Units for Pedal Issue
Apr 19, 2024 16:56 pm UTC| Technology Business
The National Highway Traffic Safety Administration (NHTSA) has ordered a recall for Teslas Cybertruck, citing a severe pedal issue that necessitated temporarily halting deliveries to address potential safety...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects