The House defense spending panel on Wednesday advanced the first draft of its annual Pentagon funding bill over objections from Democrats, who cited a provision that would block the president’s authority to withhold arms transfers to Israel and a lack of security assistance for Ukraine, among other partisan provisions.
The $833 billion defense appropriations bill for fiscal 2025 would bar the…
PARIS — Kelly Magsamen, who has served as chief of staff to U.S. Defense Secretary Lloyd Austin his entire tenure, will step down at the end of June.
Austin announced the change in a statement, crediting her for “every initiative I have launched to defend our nation,”…
Tesla Energy and smart electrical panel maker SPAN have launched the SPAN + Tesla Powerwall 3 bundle, a smart home battery backup system.
SPAN announced the partnership on LinkedIn and described the bundle as unlocking “special bundled pricing and next-level functionality…
Elon’s NVIDIA deal could spell big trouble for Tesla, Ford’s Explorer EV enters production, and BYD expands into the Bahamas (along with 10 other developing markets). All this and more on today’s Quick Charge!
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Elon Musk asked Nvidia to prioritize GPU shipments to X over Tesla, emails reveal
Elon Musk’s compensation package case will haunt Tesla for years
Ford’s first…
Mercedes and Stellantis have stopped work on their joint European EV battery factory projects, and are reassessing which direction to move forward with the possibility of shifting to cheaper lithium iron phosphate cells.
Mercedes and Stellantis first partnered to form a…
On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC leading, capturing $379 million on Tuesday.
U.S. Spot Bitcoin ETFs…
DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in the loss of 4,503 bitcoins. The BTC leaked from the platform’s wallet on May 31. To ensure full reimbursement for affected customers, DMM Bitcoin plans to collaborate with its group companies to replace the…
After less than a week, the 45th U.S. President Donald Trump has seen his cryptocurrency portfolio double in value. As the 2024 presidential candidate, he now holds $31.23 million in assets, thanks to a wave of donations.
Trump’s Crypto Portfolio Doubles
Donald Trump’s…
RelationalAI, a startup that applies artificial intelligence directly to relational data, today announced the general availability of its Knowledge Graph Coprocessor on the Snowflake Data Cloud. The offering, first previewed last year (which we covered in-depth here)…
New AI innovations and benchmarks are announced every day (often multiple times a day), and enterprises are clamoring to take advantage. But sometimes it can be difficult to bridge the gap between what works in the lab and what works in the enterprise pipeline. To help support the startup system and expand the development of generative AI and large language models (LLMs), Cisco Investments today…
