Lockheed Martin is running out of space to store undelivered F-35 Joint Strike Fighters as the jets’ upgrade effort remains behind schedule, the U.S. Government Accountability Office said in a report released Thursday.
Furthermore, the F-35 program’s testing capacity is stretched thin and will worsen once the Technology Refresh 3 software upgrade and the Block 4 update are ready, GAO…
ChargePoint’s (NYSE: CHPT) new Megawatt Charging System for commercial electric trucks is capable of dispensing enough energy to power around 1,000 homes.
Hossein Kazemi, ChargePoint’s CTO for hardware, said, “Megawatt charging solves one-half of the electrification…
I visited Ride1Up's e-bike factory to find the secret behind good quality, low-cost e-bikes
May 21, 2024
I’ve been riding Ride1Up e-bikes since just about their first model. Over the many years since I first threw a leg over that bike, I’ve watched the company roll out an ever-increasing lineup of diverse e-bikes that all shared one common trend: great bang for your…
Ford asks suppliers for ideas to cut EV costs in an all-win-or-lose push for profitability
May 21, 2024
Ford is putting “everything on the table” to keep up with Tesla and fast-rising Chinese EV makers like BYD. In a new memo, Ford asked suppliers about ideas to cut EV costs after its Model e unit continued to bleed billions in Q1.
Like many rivals, Ford introduced significant price reductions to keep up with Tesla’s price cuts. Although the move has helped boost demand, it’s also…
New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires bankruptcy court approval, will establish a victims’ fund…
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity…
Pompliano Foresees Historic Milestone for Crypto Industry With Potential Ethereum ETF Approval
May 21, 2024
In a series of recent social media posts, renowned crypto investor and influencer Anthony “Pomp” Pompliano has shared his optimistic outlook on the future of the cryptocurrency industry. Highlighting the potential approval of an Ethereum exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission, Pomp stated, “If they approve the Ethereum ETF, they are approving the entire…
Sometimes it feels as if the world suddenly jumps forward. Certainly, that’s what it felt like 18 months ago when OpenAI first released ChatGPT. According to a study from UBS, ChatGPT grew to more than 100 million users in the first two months of its release, making it the…
HONOLULU — America and its Pacific partners are building a network of land forces to deter those who would threaten regional stability, but there are four building blocks to make this joint effort a success, according to the head of U.S. Army forces in the area.
Gen.
The Navy’s top acquisition official told lawmakers this week his service has three projects — including one from the Marine Corps — involved in Replicator, a Pentagon effort to quickly field large numbers of uncrewed systems.
“The Navy has been very supportive of Replicator,” Nickolas Guertin, assistant Secretary of the Navy for research, development and acquisition, said at a May 15…
