Brightline West, a future electric high-speed rail line between Las Vegas and Los Angeles, is being awarded $3 billion by the Biden administration.
The $3 billion in funding, part of $6 billion previously earmarked for high-speed rail, has come from the Biden administration’s Bipartisan Infrastructure Law as part of its Federal-State Partnership Program. (The other $3 billion will go to the…
Volvo sells first EX30 electric SUV models in November
December 7, 2023
Volvo began selling what could be its most important vehicle to date last month. In November, Volvo sold the first EX30 model, its cheapest and smallest vehicle yet.
Volvo sells first EX30 EVs in November
In June, the Swedish automaker revealed the new EV aimed at a…
If you’ve tried out at least a few of the text-to-image AI art generation services that have launched in the past few years, such as Midjourney or OpenAI’s various versions of DALL-E, you have likely noticed some commonalities. Chief among them: all pretty much resemble…
On November 21, 2023, the Commodity Futures Trading Commission (CFTC), the Department of Treasury’s Finance Crimes Enforcement Network (FinCEN), its Office of Foreign Assets Control (OFAC), and the Department of Justice (DOJ) all settled charges against Binance, the world’s largest cryptocurrency exchange, and its Chief Operating Officer, Changpeng Zhao (CZ). The settlement concerned a variety…
Report: Kenyan Parliament Committee Approves Bill Proposing to Widen Definition of Securities to Include Crypto
December 7, 2023
A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition of securities to include cryptocurrencies. The bill proposes a tax on crypto exchanges and digital wallets as well as a capital gains tax on users who realize a capital gain…
As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution.
Bitcoin
Bitcoin’s (BTC)…
Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories
December 7, 2023
As bitcoin’s value soared to heights last witnessed on April 6, 2022, a multitude of crypto assets have also reaped benefits from the surge of the premier cryptocurrency. Yet, despite a significant number of these digital currencies experiencing substantial increases, surpassing even bitcoin in percentage gains, they have yet to approach the peak values achieved during that period.
From Then to…
Stellantis CEO says EVs need to be affordable but profitable
December 6, 2023
Stellantis CEO Carlos Tavares, the leader behind brands including Jeep, Ram, Dodge, Fiat, and several others, has a warning for other automakers. Tavares said EVs must be affordable but profitable, or they will be “in trouble very, very soon.”
To attract middle-class…
Juiced Scrambler X2 e-bike $400 off launch discount, Jackery early Christmas sale, more
December 6, 2023
A launch discount has taken $400 off the new Juiced Scrambler X2 e-bike after hitting the scene yesterday. It comes joined by an early Jackery Christmas sale with up to $1,800 off portable power stations, as well as this Vanpowers mountain e-bike with 70-mile range.
Head…
Tesla has started offering fully-loaded Cybertruck ‘Foundation Series’ for $120,000 to customers in the US.
At a delivery event last week, Tesla delivered the first 10 Cybertrucks to customers.
There was a fear that Tesla might pull a “Tesla Semi” – meaning doing the same thing it did last year and deliver a few Tesla Semi trucks during a delivery event at the end of the year and then…
