Dogecoin is a cryptocurrency created in 2013 as a bifurcation of the Litecoin blockchain. Its task is to conduct peer—to-peer transactions without centralized management. Earnings on the coin were not expected. The developers thought it would be a humorous parody to encourage content creators.

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Chinese automaker Xpeng in talks to purchase Volkswagen plant in Europe, FT reports. Reuters previously noted Chinese manufacturers’ interest in German factories, including Volkswagen, amid potential closures. Additionally, Mercedes-Benz has sold all its Berlin dealerships to a Canadian entrepreneur. More details available at MarketTwits.