thevictor

News for nerds

Britain’s driverless car ambitions hit speed bump with insurers

Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn. Insurers are

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Verizon loses more-than-expected wireless subscribers

Verizon Communications Inc said on Wednesday it lost more wireless subscribers than expected during the first quarter as it battled intense competition from T-Mobile US Inc and AT&T Inc to

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Volatility is bitcoin’s main attraction, says Raoul Pal

Bitcoin’s volatility is its main attraction as that is what gives the cryptocurrency its exponential rises, ex-Goldman Sachs bitcoin enthusiast Raoul Pal said. “People have to learn to adapt to

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Dish gets Amazon on board to build 5G network, to launch in Las Vegas

Dish Network on Wednesday signed a deal with Amazon to build its 5G network on Amazon Web Services’ cloud platform and said it will launch its first network in the

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Daimler cuts hours for up to 18,500 workers over chip shortage

Daimler will cut working hours for up to 18,500 employees and temporarily halt production at two plants in Germany due to a shortage of semiconductor chips that has hit global

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Hedge fund assets hit record $3.8 trillion in first quarter

Global hedge fund assets rose to more than $3.8 trillion in March 2021, driven by the best first-quarter performance in 21 years and more investors putting cash to work with

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Ferrari unveils first details of special edition V12 car based on 812 Superfast

Luxury carmaker Ferrari on Wednesday unveiled initial details of its new supercar, the first of three new models it has promised for the coming months. An aggressive roll-out plan of

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