News24 - Tech Fin24.com | Saudi fund in talks to invest in Tesla buyout deal 2018-08-14T12:52:38.000000000+02:00 Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private. Fin24.com | Bitcoin drops below $6 000 as almost every cryptocurrency sinks 2018-08-14T11:45:42.000000000+02:00 Bitcoin has dropped below $6 000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up. Fin24.com | Microsoft CEO sells $36m in stock, starts trading plan 2018-08-13T21:30:30.000000000+02:00 Microsoft chief executive officer Satya Nadella has sold 328 000 shares, valued at $35.9m, for financial planning reasons - and is beginning a regularly scheduled trading plan. Fin24.com | Netflix's CFO to step down after helping to lead expansion 2018-08-13T20:00:33.000000000+02:00 Netflix Chief Financial Officer David Wells will step down after eight years on the job, during which the streaming service grew into an entertainment giant. Fin24.com | China orders Tencent to kill game just days after its debut 2018-08-13T11:08:19.000000000+02:00 Tencent has taken another hit to its gaming business, after regulators told the social media giant to remove Monster Hunter: World from its PC downloads service. Fin24.com | Tesla: Musk's tweet a bridge too far? 2018-08-12T12:02:33.000000000+02:00 Tesla chief executive Elon Musk got into legal hot water this week after announcing on Twitter he had sufficient financing already in hand to take the electric automaker private. Fin24.com | How to lose $3 billion of Bitcoin in India 2018-08-10T11:42:18.000000000+02:00 Accusations of tax evasion and police corruption, a kidnapper who was kidnapped, a fugitive politician, and billions in bitcoin lost. This is crypto-trading Gujarat-style. Fin24.com | Bitcoin tumbles below $6 500 on delayed decision on ETF 2018-08-08T12:03:36.000000000+02:00 The 2018 selloff in cryptocurrencies plumbed new depths after the US Securities and Exchange Commission dented enthusiasts’ hopes for an exchange-traded fund backed by Bitcoin. Fin24.com | Musk mulls taking Tesla private, valuing company at $82 billion 2018-08-08T05:15:01.000000000+02:00 Elon Musk said he’s considering taking Tesla private in a radical step that would ease pressure on the money-losing automaker. Fin24.com | Forget Apple, Goldman says, flagging new $1trn for S&P 500 2018-08-07T19:29:17.000000000+02:00 Investors have fixated on one 13-digit milestone, Apple’s value. But another trillion-dollar threshold is in sight and is more relevant to the bull market in US equities.