From the archives: Fake it till you make it: meet the wolves of Instagram – podcast | News- Tempemail

We are raiding the Audio Long Read archives to bring you some classic pieces from years past, with new introductions from the authors. This week, from 2018: Their hero is Jordan Belfort, their social media feeds display super-rich lifestyles. But what are these self-styled traders really selling? By Symeon Brown Continue Reading

Bitcoin boom threatens to turn it into pure gold | Technology

Bitcoin is back, along with the debate over its value. The price of the digital currency is soaring and last week it hit more than $40,000 for the first time, having doubled in less than a month. Its price has jumped by more than 700% since the pandemic was first Continue Reading

Tesla investor defends electric carmaker’s soaring share price | Technology

One of the biggest investors in Tesla has defended the explosive growth in the US electric carmaker’s share price, arguing that it is “far from an aberration”. Baillie Gifford, the Edinburgh-based investment manager that runs the Scottish Mortgage Investment Trust (SMIT), has been the second-biggest winner from Tesla’s rocketing share Continue Reading

Will Covid make countries drop cash and adopt digital currencies? | Kenneth Rogoff | Business

As the Covid-19 crisis accelerates the long-term shift away from cash (at least in tax-compliant, legal transactions), official discussions about digital currencies are heating up. Between the impending launch of Facebook’s Libra and China’s proposed central-bank digital currency, events now could reshape global finance for a generation. A recent report Continue Reading

Elon Musk set to cash in at Tesla as deliveries and shares soar | Technology

One of the options on a fully loaded Tesla is “ludicrous mode”, a setting offering a 0-60mph acceleration time of 2.8 seconds for drivers who find its “insane mode” too sedate. To some investors, that’s similar to chief executive Elon Musk’s bonus package: if the electric carmaker’s share price goes Continue Reading

$1tn is just the start: why tech giants could double their market valuations | Technology

Alphabet, the tech giant formerly known as Google, on Thursday night became the fourth company in history to reach a trillion-dollar (£776bn) valuation. In less than 24 hours, some analysts were predicting that the company, founded in a messy Silicon Valley garage 21 years ago, could double in value again Continue Reading