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Bitcoin over $ 60,000 again in case of reduced supply

A representation of the virtual currency Bitcoin is seen in front of a stock chart in this illustration taken March 15, 2021. REUTERS / Dado Ruvic / Illustration (Reuters) -Bitcoin rose above $ 60,000 to approach record highs over the weekend, breaking out of a two-week tight range and fueled by talk of limited new supplies against evidence of broader …

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Record penalty for Ma’s Alibaba marks stormy stretch for its founder

BEIJING (Reuters) – Alibaba founder Jack Ma, once seemingly untouchable, endured a tumultuous run that saw his Chinese e-commerce giant hit a record high antitrust fine of 18 billion yuan ($ 2.75 billion) on Saturday and solved a key uncertainty, even if others persist for themselves and their business empire. FILE PHOTO: FILE PHOTO: Jack Ma, billionaire founder of Alibaba …

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South Korean EV battery groups are settling major US efforts

Two of South Korea’s largest conglomerates have reached a last-minute settlement over a multibillion-dollar intellectual property dispute that had threatened to disrupt Ford and Volkswagen’s plans to build electric vehicles in the United States. The agreement reached between the battery-producing subsidiaries of LG and SK came after the US International Trade Commission in February imposed a 10-year import ban on …

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US Coronavirus: Covid-19 admissions among younger people are rising in the US – especially in one region

“Fantastic Saturday! + 4.63 M doses administered in total yesterday, a new record,” wrote Dr. Cyrus Shahpar, data director Covid-19 in the White House, on Twitter. “More than 500K higher than the old record last Saturday. Incredible number of doses administered.” The new record is good news – but it comes at a complicated time in the US pandemic. Over …

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South African variant could ‘break through’ Pfizer vaccine: Study | Coronavirus Pandemic News

A coronavirus variant discovered in South Africa could to some extent “break through” Pfizer-BioNTech’s COVID-19 vaccine, a study in Israel shows. The South African coronavirus variant managed to penetrate to some extent the protection offered by two doses of the Pfizer-BioNTech vaccine, although it is still unclear how much effectiveness is lost, it said. The study, published Saturday, compared nearly …

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