The Defense Innovation Unit is poised to take on more responsibility for coordinating technology efforts within the Pentagon and is working more closely with combatant commands to make sure those capabilities are meeting their needs, according to its new strategy.
The 10-page document, released Feb. 7, outlines DIU’s expanding role and lays out steps the organization is taking to ensure that the…
Quick Charge Podcast: February 6, 2024
February 8, 2024
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
Europe’s coal electricity generation tanked by 26% and gas by 15% in 2023, according to a new report from energy think tank Ember.
That collapse resulted in an impressive 19% reduction in the EU’s power sector emissions. What’s more, for the first time, wind power…
Ford reported its fourth-quarter earnings Tuesday after the market, beating Q4 revenue and profit estimates. The automaker expects the momentum to continue in 2024 despite pulling back EV investments.
Ford’s fourth-quarter EV sales
Ford sold a record 25,637 EVs in the last three months of 2023 (+24% YOY), edging out rival GM. The F-150 Lightning topped Rivian’s R1T to become the…
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital asset markets,” the lawmakers…
Crypto Titan Digital Currency Group Opposes Genesis' Restructuring Plan for Favoring Select Creditors
February 8, 2024
In a legal document filed on Feb. 6, 2024, the crypto juggernaut, Digital Currency Group (DCG), voiced opposition to Genesis’ revised bankruptcy strategy for multiple concerns. DCG argues that the plan favors certain creditors over others unjustly, and the company’s…
After the leading privacy crypto token moneron experienced a substantial 32% price decline on Tuesday, the coin’s value swiftly saw recovery the next day, surging by 25% within the last 24 hours. Binance, Kraken, and Kucoin are witnessing significant activity in monero’s daily trading volume, amounting to $256.91 million over the past 24 hours.
Monero’s Quick Bounce Back
Monero (XMR)…
Nintendo beats December quarter expectations and ups forecast to 15.5M Switch units in fiscal year
February 7, 2024
Nintendo reported quarterly results on Tuesday that beat its previous forecasts and it said it now expects to sell 15.5 million Switch consoles during the fiscal year ending March 31, 2024.
The Kyoto, Japan-based game company said net sales were $4 billion, down 6% from a…
Flaunt has raised $1.8 million in funding to boost its enterprise loyalty cloud for Roblox and Shopify Plus.
Indianapolis, Indiana-based Flaunt got funding in a round led by High Alpha, with participation from Square Deal Capital, Service Provider Capital, and executives at…
Stability AI, the company known for its growing array of open source AI models for content creation and coding, today announced an upgrade for its image-to-video latent diffusion model, Stable Video Diffusion (SVD).
Dubbed SVD 1.1, the updated model is a fine-tuned version of SVD 1.0, optimized to generate short AI videos with better motion and more consistency.
In a post announcing the upgrade…
