Billion Dollar Club Archives - BillionDollarClub

TuesdayJul 08, 2025 9:00 am

Tesla Sales in the UK Record a YoY Improvement in June

Tesla is showing signs of recovery in the UK after a rise in its car sales in June 2025. According to new data, Tesla sold 7,719 cars in June, marking a 14% increase compared to the same time last year. Another report by New AutoMotive showed an even higher figure of 7,891 units, though differences in reporting methods may explain the gap. This jump in sales comes as part of a broader boost in the UK’s electric vehicle (EV) market. The latest numbers from the Society of Motor Manufacturers & Traders (SMMT) show that overall new car registrations grew by…

MondayJul 07, 2025 9:00 am

Mercedes Unveils Sports Car Concept to Boost its EV Sales

Mercedes-Benz is turning up the heat in the electric vehicle (EV) market with its latest innovation: the CONCEPT AMG GT XX. This powerful, four-door electric sports car is designed to stir excitement among performance car enthusiasts and boost EV sales, especially in the U.S. where electric adoption has faced some resistance. At the heart of this sleek concept car lies a breakthrough in electric motor technology. Mercedes-AMG has introduced axial flux motors, which are a game-changer in the EV world. These motors are three times more powerful, two-thirds lighter, and one-third the size of conventional motors. Their compact, disc-like design…

ThursdayJul 03, 2025 9:00 am

Crypto Leaders Jittery as Attacks Targeting Them Increase

In recent months, crypto traders and investors are living in fear. As the value of digital currencies continues to rise, so does the number of attacks targeting people in the industry. What once started as online hacking has now turned into violent kidnappings, home invasions, and even torture. One well-known case is that of Mohammed Arsalan from Karachi, Pakistan. Arsalan became famous for growing his small savings into a large fortune through cryptocurrency trading. He built a following of over 160,000 people online. But on Christmas Day in 2024, his success turned into a nightmare. Men pretending to be police…

TuesdayJul 01, 2025 9:00 am

Indonesia Mulls Regulations Requiring eCommerce Firms to Collect Sales Tax

Indonesia is preparing to introduce a new policy that would require e-commerce platforms to collect and remit taxes on behalf of their sellers. The proposed regulation, expected to be announced as early as July 2025, is part of the government’s efforts to increase revenue and create a fairer playing field between online marketplaces and traditional retailers. According to sources familiar with the matter, the new rule would apply to sellers who earn between 500 million and 4.8 billion rupiah ($30,900 to $296,000) annually. These sellers, considered small and medium-sized enterprises (SMEs), are already required to pay a 0.5% tax on…

FridayJun 27, 2025 9:00 am

YouTube Pushes Back as Australia Considers Banning Minors from Accessing It

YouTube is speaking out against a push to include it in Australia’s new rule that would stop kids under 16 from using social media. The platform says it should not be grouped with apps like TikTok, Snapchat, and Instagram, which are set to face strict age limits starting December 2025. The idea for this age rule is coming from Australia’s eSafety Commissioner, Julie Inman Grant. She believes YouTube should be included in the rule to help keep kids safe online. But YouTube says this move goes against what most parents, teachers, and even the government wants. They believe YouTube is…

ThursdayJun 26, 2025 9:00 am

Study Finds Most Americans Get News from Social Media

A recent global survey reveals that social media has become the leading source of news for most Americans, surpassing traditional platforms like television and news websites. According to the Reuters Institute’s Digital News Report, 54% of U.S. participants said they turn to social platforms such as Facebook, YouTube, and X for news updates. This figure is higher than those who get their news from TV (50%) or from dedicated news websites and apps (48%). This signals a significant shift in how people engage with news content. Instead of depending solely on major news outlets, many are now gravitating toward content…

TuesdayJun 24, 2025 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) Partners with Yonsei University and Incheon City to Advance Quantum Adoption in South Korea

The three parties signed an MOU focusing on research collaboration, education, and commercial use case development. MOU facilitates the organizations’ efforts towards the acquisition of a D-Wave Advantage2(TM) system at the Yonsei University International Campus. The collaboration aims to advance mutual research and talent development for quantum computing, provide access to D-Wave’s quantum computing technology, and explore the development of use cases in biotechnology, materials science and other areas. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, has entered into a strategic partnership with Yonsei University and Incheon Metropolitan City designed to accelerate…

TuesdayJun 24, 2025 9:00 am

Norway Bans Crypto Mining to Curb Energy Supply Concerns

Norway has decided to temporarily ban new crypto mining data centers in order to protect its energy supply. The ban was announced on June 20, 2025, and will begin in August 2025. The goal is to reduce the huge amount of electricity used by crypto mining activities and to make sure that energy is available for other important uses. Crypto mining is the process of creating new units of digital currencies like Bitcoin. It requires strong computers that work all day, using a lot of electricity to solve complicated math problems. These computers run in data centers, which are large…

FridayJun 20, 2025 9:00 am

The Difficulty of Mining BTC Just Eased Slightly, Data Shows

Bitcoin mining just got a little easier, at least on paper. Data shows that Bitcoin’s mining difficulty dropped slightly from its all-time high. On June 15, the network recorded a small decrease in difficulty, going from 126.9 trillion (set on May 31) down to 126.4 trillion. While this might not seem like a big change, it’s actually a sign of important shifts happening in the mining world. What is Mining Difficulty Anyway? Mining difficulty is a number that shows how hard it is for computers to solve the puzzles needed to add new blocks to the Bitcoin blockchain. The harder…

TuesdayJun 17, 2025 9:00 am

Barclays to Slash Over 200 Jobs from its Investment Banking Unit

Barclays, one of the most well-known banks in the United Kingdom, is preparing to cut more than 200 jobs from its investment banking division. This decision is part of the bank’s ongoing efforts to improve performance and channel more resources into business areas with stronger growth prospects. The job cuts are expected to affect around 3% of the investment banking workforce, including some of the most senior employees, such as managing directors. According to reliable sources, these layoffs will be carried out in the coming days and will affect staff working in various departments, including investment banking, global markets, and…

The exclusive home of the biggest and brightest companies covered by IBN.

Contact us: (512) 354-7000

Category: Billion Dollar Club