There’s now a distinct shift away from a cryptocurrency driven by retail investors to one with more mainstream adoption. Following moves by firms such as Tesla, Visa and Mastercard to incorporate bitcoin into their payments infrastructure, institutional banks appear to be getting in on the bitcoin act, according analytics firm…
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Former Tesla CIO wins funding for start-up
Money will help the company expand into Asia and Europe in 2021. Cloud technology company Tekion has won a Series C financing round of US$150 million at over a US$1 billion valuation. The funding round was led by Advent International (“Advent”), one of the largest and most experienced global private…
Read MoreFBI and Tesla work together to prevent major cyber attack
Russian hacker attempted to bribe Tesla employee with US$1M to infect the company with malware. A Russian national made his initial appearance in US Federal Court this week for his role in a conspiracy to recruit an employee of a company to introduce malicious software into Tesla’s computer network, extract…
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