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In praise of Tesla’s bankruptcy

You know everybody loves Tesla-the-company. But did you know that a whole lot of smart people hate Tesla-the-business? “From a return-on-investment-capital standpoint, Tesla is a catastrophe.” “The electric-car maker has been burning money at a clip of about $8,000 a minute (or $480,000 an hour.)” “Tesla is losing a massive …

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Bitcoin is over $9,000

Well, it’s over $9,000. Even as you recoup from attempting to explain Bitcoin to your family over the Thanksgiving dinner table, the value of the cryptocurrency is growing at an increasingly hefty pace. As of the time of this writing, the value of a single Bitcoin was above $9,143, climbing …

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Makers or breakers?

For decades technology companies have enjoyed a near-unbroken run of great publicity. Products and services are lauded as shiny and covetable. Adoption is couched as inevitable. Direction goes unquestioned. Engineering genius is assumed. And a generous margin is indefinitely applied to gloss over day-to-day errors (‘oh, just a few bugs!’) …

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The time I was turned away from China

Yesterday, Sunday November 26 2017, I was turned away from immigration at Shanghai’s Hongqiao airport by Chinese officials. Alongside a number of other visitors, I had been waiting in line to take advantage of the city’s 144-hour ‘transit’ visa which allows travelers with an onward flight to stay in Shanghai …

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Bitcoin reaches new record high, breaks $9,000

The price of one bitcoin passed $9,000.Image: ALEXANDER DEMIANCHUK/GETTY images By Kerry Flynn2017-11-26 15:22:38 UTC Bitcoin is getting closer and closer to $10,000.  The cryptocurrency hit a record high of $9,033 per bitcoin early Sunday morning. The price rose steadily over the weekend and surpassed $9,000 at around 6:40 a.m. …

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