Friday Bitcoin closed at just $59,948 — dropping 19% just for June and more than 50% lower than its record high in October of $124,310. To commemorate the occasion CNBC interviewed long-time bitcoin skeptic Jeremy Grantham, reporting that the 87-year-old cofounder/chief investment strategist of the massive asset-management firm GMO is Read more…
You are always doing something marginal when the boss drops by your desk.
The U.S. Department of Commerce’s Bureau of Industry and Security denied Polestar an authorization under the Connected Vehicle Rule. Polestar will continue to sell its existing inventory of Polestar 3 and 4 crossovers in the United States and will continue to offer support to customers and access to its service Read more…
NASA’s Perseverance rover has detected complex organic carbon in ancient Martian mudstones. The measurements were taken by the rover’s Sherloc instrument and the organic carbon that was identified was from the Bright Angel outcrop, “a dried-up river that carried water into the planet’s Jezero crater billions of years ago,” notes Read more…
After Ford’s automated quality-control systems and AI tools fell short, the automaker hired 350 veteran engineers over the past three years to mentor younger staff and reprogram the underperforming technology. “Artificial intelligence is a fantastic tool, but it’s only as good as the information you use to train it,” Charles Read more…
Walmart is signing a long-term contract to buy nuclear power for the first time ever, a promising sign that the industry’s future is supported by more than just the AI data center boom. The retail giant agreed on Tuesday to buy power from a nuclear plant in Illinois owned by Read more…
Slate Auto says its stripped-down electric pickup will start at $24,950 before fees, with the base model’s estimated range increased from 150 to about 205 miles. The company has started taking preorders on Wednesday. “The aggressive pricing — half the average cost of a new car in the United States Read more…