Cleantech & EV'sNews

Northvolt files for bankruptcy, CEO quits

November 26, 2024
Europe’s “green dream” Northvolt has filed for bankruptcy protection in the US after a rescue package failed to go through, leaving the battery maker with just one week’s worth of cash in the account. Cofounder and CEO Peter Carlsson, who spearheaded a costly expansion, has also quit. The Swedish-owned battery maker filed for Chapter 11 in the Southern District of Texas, reports…
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CryptoNews

Ripple Unveils First Tokenized Money Market Fund on XRP Ledger

November 26, 2024
Ripple advances tokenized finance with the first money market fund on XRP Ledger, redefining efficiency in real-world asset tokenization and institutional Defi. Ripple Unlocks New Era of Tokenized Funds on XRP Ledger Ripple announced Monday that Archax, a Financial Conduct…
CryptoNews

UK Urged to Consider Bitcoin Reserve as Trump Leads Crypto Revolution

November 26, 2024
The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management and financial advisory organization, has called on the UK government to develop a national bitcoin…
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AI & RoboticsNews

Nvidia accelerates Google quantum AI design with quantum physics simulation

November 22, 2024
Nvidia it is working with Google Quantum AI to accelerate the design of its next-generation quantum computing devices using simulations powered by Nvidia. Google Quantum AI is using the hybrid quantum-classical computing platform and the Nvidia Eos supercomputer to simulate the physics of its quantum processors. This will help overcome the current limitations of quantum computing hardware, which…
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DefenseNews

Marine Corps F-35C notches first overseas combat strike

November 22, 2024
Marines recently carried out the service’s first combat strikes using the F-35C Lightning II Joint Strike Fighter during air missions against Houthi targets near the Red Sea and Gulf of Aden. Launching from the aircraft carrier Abraham Lincoln on Nov. 9 and 10, the…
Cleantech & EV'sNews

Ford is cutting another 4,000 jobs in Europe as it loses ground in the global EV race

November 22, 2024
Ford is slashing another 4,000 jobs in Europe as it struggles to keep pace with the market’s shift to electric vehicles (EVs). The American automaker said a “highly disruptive” EV market and new competition are causing significant losses in the region. Ford’s announcement comes as China’s leading EV maker, BYD, is quickly catching up in global deliveries. Ford is cutting more jobs in…
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