Porsche will launch new gas-powered and plug-in hybrid (PHEV) cars as its EV models fail to gain traction. The sports car maker warned that the new combustion engine models and battery development expenses would hurt profits this year, sending share prices plunging.
Porsche plans new gas-powered cars to boost profits
After announcing that it expects profit margins to be between 10% and 12% this…
The Candela P-12 is the first hydrofoil electric ferry in the world to begin commercial operations. The 30-seat electric ferry uses a set of computer-controlled hydrofoil wings to fly above the surface of the water, resulting in a smoother and more efficient ride. But what…
Binance’s token listing process is “a bit broken,” former CEO Changpeng Zhao (CZ) warned, citing price surges on decentralized exchanges before centralized trading begins. “Just beware.”
CZ Breaks Silence on Binance Listings—Why Traders Should…
Korea Exchange Chief Pushes for Crypto ETFs to Boost Markets
February 10, 2025
South Korea must embrace cryptocurrency ETFs now to stay ahead, says the Korea Exchange chairman, calling them a game-changer for market growth and financial innovation.
Crypto ETFs Are the Future: Korea Exchange Chairman Pushes for Approval
Jung Eun-bo, chairman of the Korea Exchange, has called for the listing of cryptocurrency exchange-traded funds (ETFs) in South Korea, emphasizing the need to…
Spanish police arrested three British men in Costa del Sol for kidnapping a UK cryptocurrency broker and demanding €30,000 (approximately $31,000) for his release. The victim, a 34-year-old Hindi speaker, escaped by deceiving his captors into thinking he was calling a…
Navy League urges rapid expansion of battle fleet for future wars
February 10, 2025
The Navy League of the United States urged Congress on Thursday to invest in a buildup of the military’s battle force fleet. Here, a welder with Newport News Shipbuilding works on a steel panel. (Ashley Cowan/HII)
U.S. leaders should invest at least $40 billion…
The F-35 program is working to get the latest jets capable of carrying out combat missions, but important tests for its upgrades may not begin until next summer. (Senior Airman Edgar Grimaldo/Air Force). The Office of the Director, Operational Test and Evaluation said in its annual report, submitted to Congress on Jan. 31, that dedicated operational tests for the F-35 Technology Refresh 3, or…
The Super Bowl is one of the largest sports entertainment events on the planet, bringing in more than a hundred million viewers and a billion in revenue.
But for NFL teams and sports entertainment in general, there is a long road to championship as franchises aim to build…
OpenAI is now showing more details of the reasoning process of o3-mini, its latest reasoning model. The change was announced on OpenAI’s X account and comes as the AI lab is under increased pressure by DeepSeek-R1, a rival open model that fully displays its reasoning…
Begin with problems, sandbox, identify trustworth vendors — a quick guide to getting started with AI
February 10, 2025
With 77% of companies already using or exploring the use of AI, and more than 80% claiming it’s a top priority, leaders are eager to get maximum value from the technology. However, the volume of solutions available and onslaught of marketing messages accompanying them can make finding a clear path difficult. Here are some guidelines to help you evaluate AI tools’ capabilities and determine the…
