The U.S. Army approved the characteristics it wants in a Future Tactical Unmanned Aircraft System after awarding contracts to two teams competing to build the drone.
The service approved an Abbreviated Capabilities Development Document, or A-CDD, on May 17, setting up the prototyping development plan for the capability, according to Lt. Gen. Karl Gingrich, Army G-8.
While the Army decided this…
Toyota, Japanese rivals promise more efficient next-gen ICE engines amid the shift to EVs
May 29, 2024
Despite the market moving toward EVs, Toyota, Subaru, and Mazda are committed to developing next-generation ICE engines. The new engines are “tailored to electrification” with integrated EV components.
Toyota, Subaru, Mazda, double down on ICE engines
Japanese automakers…
I just swapped a Tesla Model 3 for a Model Y and Elon Musk's brutal layoffs ruined the experience
May 29, 2024
I turned in a 2021 Tesla Model 3 and leased a 2024 Model Y, and I learned firsthand how badly Tesla’s layoffs have affected morale and customer service.
My firsthand experience of Tesla layoffs
My husband and I wanted to work with Tesla’s new South Burlington, Vermont…
The battle over Elon Musk’s compensation package is heating up as a big advisory firm is recommending shareholders vote against it, and Musk fans are resorting to scare tactics.
Over the last few weeks, Tesla shareholders have been voting on several new proposals put forward by the board.
The two main proposals that the board is trying to get through are a new vote on Musk’s 2018 CEO…
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid…
Sebastian Serrano, CEO of Ripio, one of the largest exchanges in Latam, stated that Brazilian companies were already harnessing cryptocurrency to pay their Chinese suppliers. In an interview, Serrano asserted that Latam countries harnessed crypto in different ways and that…
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names “King Odua” and “Alagbada726,” converting cryptocurrencies to traditional currency. Sentencing is scheduled for August.
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities.
Study…
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior…
TRON founder Justin Sun has made a public call to back a U.S. presidential candidate favorable to cryptocurrencies. Sun emphasizes the importance of recognizing the cryptocurrency community—including companies and protocols—as key stakeholders in the political arena. He urges that their voices be heard and their interests safeguarded, highlighting the growing influence of digital currencies in…
