Cleantech & EV'sNews

It’s brutal out there: Audi to slash 4,500 jobs

November 12, 2024
Following the news of sweeping cuts at Volkswagen, Nissan, and Stellantis, now VW-owned Audi announced plans to slash its workforce by 15%, with thousands of jobs on the chopping block. After sweeping layoffs at Volkswagen numbering in the tens of thousands, other jobs within the VW Group are getting the axe, with Audi reportedly considering a dramatic staff reduction to cut costs. German media…
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Cleantech & EV'sNews

Canada's EV Investment at Risk Amid Trump’s Return

November 12, 2024
Canada has secured more than $50 billion in EV-related investment over the past three years, all gearing up for US demand, with Canada’s economy “deeply intertwined” with the US – but Trump may throw a major wrench into the plan. As newly elected president Donald…
CryptoNews

Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors

November 12, 2024
A new study shows a slump in the NFT Market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This limited trading, according to the State of 2024 NFT Drops report, suggests a lack…
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AI & RoboticsNews

Meet the startup that just won the Pentagon’s first AI defense contract

November 8, 2024
The Department of Defense has awarded its first generative AI defense contract to Jericho Security, marking a strategic shift in military cybersecurity. The $1.8 million Small Business Technology Transfer (STTR) Phase II contract, announced through AFWERX, tasks the New York-based startup with developing advanced cybersecurity solutions for the Department of the Air Force. “This is one of the…
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DefenseNews

India’s MQ-9B buy from the US caps fruitless push for homemade drone

November 8, 2024
CHRISTCHURCH, New Zealand — As India struggles to develop its own medium-altitude, long-endurance drones, the government pulled the trigger this month on a purchase of 31 MQ-9Bs from General Atomics. The tri-service buy is worth 320 billion rupees, or US$3.8 billion, with 15 SeaGuardians to be delivered to the Indian Navy (IN) and eight SkyGuardians each for the Indian Air Force and Indian…
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