Tesla Model 3 Performance Hits 60 MPH In Record-Setting 3.13 Seconds

Lighter rims are the trick to getting Tesla Model 3 Performance zero-to-60-mph time down yet again. A few YouTubers that just happen to be new Tesla Model 3 Performance owners have been recording and sharing zero-to-60-mph times. As it turns out, it hasn’t been uncommon for the owners to beat …

A Warning On Canadian Pot Stocks

Stocks of Canadian cannabis producers and sellers are on a wild run in 2018. A selection of talked about names have doubled or tripled in value the past few months, with others not far behind. Price action like that is bound to pique the interest of investors and traders who …

Jack Ma’s departure spurs debate over Alibaba’s governance structure

Business succession plans are difficult to make, but not not for the most high-profile tech company in China. On Monday, Jack Ma, chairman of Alibaba (BABA), announced he would retire and hand over the reins of the e-commerce giant he founded to the company’s CEO Daniel Zhang next year. In …

Seven reasons Big Tobacco is likely to make a move on the marijuana industry

The next catalyst for marijuana investors may come from an obvious place: Big Tobacco. While alcoholic-beverage companies have been active in the marijuana industry, Big Tobacco curiously has not. But new comments made by an Altria executive show that the company is evaluating opportunities in marijuana. Altria owns Phillip Morris …

Chinese Technology Giant Tencent To Shut Down Poker Game At Government’s Request

The Chinese government on Monday scored another win toward further controlling people’s private lives when the tech giant Tencent announced that it will shut down a popular poker app. The announcement wasn’t out of left field. The move follows reports in April that China was no longer looking at poker …

Editas Medicine Announces U.S. Court of Appeals Affirms Favorable U.S. Patent and Trademark Office Decision in CRISPR

Editas Medicine, Inc. (EDIT), a leading genome editing company, announced today that the U.S. Court of Appeals for the Federal Circuit (CAFC) affirmed the U.S. Patent and Trademark Office (USPTO) decision that ended the U.S. patent interference between the University of California, the University of Vienna, and Emmanuelle Charpentier (collectively, …

A stock-market bear signal is at a more-than-4-decade high, says Goldman

A gauge of bullish and bearish momentum in the U.S. stock market is ringing alarms for strategists at Goldman Sachs. The investment bank’s so-called bull-bear indicator, which examines five market factors, indicates that the likelihood of a bear market occurring is at its highest point since around the mid-1970s(see chart …

Tesla says Jerome Guillen has been promoted to president of automotive

Tesla announced Friday that Jerome Guillen has been promoted to president of its automotive division. In an email to employees, CEO Elon Musk said Guillen would report directly to him and oversee all of Tesla’s automotive operations, including the coordination of its supply chain. Musk said Guillen had “played a …

Alibaba’s Jack Ma, China’s Richest Man, to Retire From Company He Co-Founded

Alibaba’s co-founder and executive chairman, Jack Ma, said he planned to step down from the Chinese e-commerce giant on Monday to pursue philanthropy in education, a changing of the guard for the $420 billion internet company. A former English teacher, Mr. Ma started Alibaba in 1999 and built it into …