Facebook to restore Australia news, pay media companies

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Facebook said Tuesday it will lift a contentious ban on Australian news and pay local media companies for content, after a last-gasp deal on pending landmark legislation

Tesla shares in the red for 2021 as bitcoin selloff weighs

Shares in Tesla were set to plunge into the red for the year on Tuesday, hit by a broad selloff of high-flying technology stocks and the fall of bitcoin, in which the electric carmaker recently invested $1.5 billion. At 1121 GMT, Tesla was down over 6% in U.S. premarket deals after a 8.5% drop during the previous session. The firm led by Elon Musk has had a stellar ride since 2020, which it began at about $85 per share, before reaching the $900 mark on Jan. 25.

 

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