The size of the U.S. Navy’s fleet and the debate over how to increase it took center stage at a Senate Appropriations defense subcommittee hearing Tuesday.
In particular, senators expressed concern after a recent study found multiple important shipbuilding programs are running years behind schedule.
The delays come “despite unprecedented support by Congress. Headlines and delays like this…
To expand the US Navy’s fleet, we must contract
April 18, 2024
There is no substitute for fleet capacity. But generating it depends on healthy partnerships between the government and industry. After decades of corporate consolidation, the pendulum now swings toward consensus that the U.S. defense-industrial base must once again…
The U.S. Army’s Network Cross-Functional Team is slated for a leadership shakeup.
Maj. Gen. Jeth Rey, the team’s director, will be succeeded by Brig. Gen. Patrick Ellis, according to a personnel announcement shared by the Department of Defense. Rey has led the team at…
Tesla asks shareholders to move to Texas and re-pass Elon Musk's massive compensation plan
April 18, 2024
Tesla has filed a proxy with shareholders to ask them to vote for the company to move its state of incorporation to Texas and re-pass Elon Musk’s 2018 CEO massive compensation plan that was rescinded by a Delaware judge earlier this year.
In January, a judge sided with lawyers representing a Tesla shareholder alleging that Tesla’s board misrepresented Elon Musk’s CEO compensation package…
With Gogoro already surpassing one million swappable EV batteries in circulation, the company’s energy network has become something of a de facto standard in swappable batteries for e-motorcycles and scooters and scooters. Now, the company is announcing the next phase of…
BMW just applied rebates to all its EVs in April
April 18, 2024
BMW’s 2024 EVs now have rebates ranging from $5,000 to $7,500 through April in the US – here’s how it breaks down. All 2024 BMW i4 and i5 EV sedans feature a $5,000 rebate through April 30, reports CarsDirect. Both the 2024 BMW i7 sedan and iX SUV have a $7,500…
Bitcoin.com Announces Launch of Verse Voyager NFTs With Exclusive Airdrop — Public Sale to Start April 24
April 18, 2024
Bitcoin.com, a trailblazer in the cryptocurrency domain since 2015, is thrilled to unveil the highly anticipated Verse Voyager NFT collection, which has officially launched with an exclusive airdrop of nearly 10% of the collection’s supply to early community participants. The public sale is scheduled to commence on April 24th at https://voyager.verse.bitcoin.com/, making this innovative series…
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido…
Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March
April 18, 2024
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top…
The F-35 Joint Strike Fighter’s total cost is expected to top $2 trillion over its entire life span given the U.S. military plans to fly it longer, inflation is rising, and the Pentagon’s efforts to rein in expenses are largely falling short, a government watchdog said Monday.
That price tag represents an increase from the $1.7 trillion lifetime cost the Government Accountability Office…
