Technology
Ford’s EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units
The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021. Al Drago | Bloomberg | Getty Images Ford Motor said Thursday its electric vehicle business lost $2.1 billion last year on an operating basis, a loss that was more than offset by $10 […]
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Relativity’s first 3D-printed rocket launches successfully but fails to reach orbit
The company’s Terran 1 rocket lifts off from LC-16 at Cape Canaveral, Florida. Relativity Space Relativity Space, a 3D-printing specialist, launched the inaugural flight of its Terran 1 rocket late on Wednesday night, which successfully met some mission objectives before failing to reach orbit. Terran 1 lifted off from LC-16, a launchpad at the U.S. […]
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China Evergrande’s electric powered motor vehicle device warns it may well halt production amid resources lack
The Evergrande vehicle Hengchi 5 in Shanghai, China. CFOTO | Long run Publishing | Getty Photos China Evergrande New Vitality Motor vehicle Team explained on Thursday it may possibly have to halt manufacturing of electric powered cars if it could not acquire fresh funding, immediately after offering far more than 900 models of its flagship […]
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Cruise robotaxis blocked a highway in San Francisco immediately after a storm downed trees and wires
Typical Motors‘ self-driving motor vehicle device Cruise acknowledged that some of its automobiles stalled out on city streets in San Francisco next rainstorms that downed trees there on Tuesday night time. A witness to the Cruise robotaxi failures, John-Phillip Bettencourt, shared photos of the stalled cars on Twitter. He instructed CNBC that all-around 1:45 p.m. […]
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Coinbase warned by SEC of probable securities expenses
In this photograph illustration, the Coinbase emblem is shown on a smartphone display. Rafael Henrique | SOPA Photographs | Lightrocket | Getty Pictures The Securities and Exchange Fee issued crypto trade Coinbase a Wells recognize, warning the business that it identified probable violations of U.S. securities legislation. Coinbase shares fell around 12% in extended trading […]
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SEC rates Tron founder Justin Sunshine, celebrities Lindsay Lohan, Jake Paul with crypto violations
Lindsay Lohan attends/performs through a photocall for “Speed The Plow” at Playhouse Theatre on September 30, 2014 in London, England. Tim P. Whitby | Getty Visuals The Securities and Trade Fee has unveiled fraud and unregistered securities fees in opposition to crypto founder and Grenadian diplomat Justin Sunlight, together with individual violations from the celeb […]
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Trump-linked Digital World Acquisition Corp fires CEO Patrick Orlando
Former US president Donald Trump announced plans on October 20 to launch his own social networking platform called “TRUTH Social,” which is expected to begin its beta launch for “invited guests” next month. Chris Delmas | AFP | Getty Images Digital World Acquisition Corp., the publicly traded blank check company that planned to merge with […]
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Virgin Orbit raising $200 million from investor Matthew Brown, closing deal as soon as Thursday
A general view of Cosmic Girl, a repurposed Boeing 747 aircraft carrying the LauncherOne rocket under its left wing, as final preparations are made at Cornwall Airport Newquay on January 9, 2023 in Newquay, United Kingdom. Matthew Horwood | Getty Images Virgin Orbit is in final talks to raise funds from Texas-based investor Matthew Brown, […]
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Apple will demand a membership to check out ‘Friday Night Baseball’ this calendar year
Texas Rangers initial baseman Derek Dietrich (32) tags San Diego Padres catcher Austin Hedges (18) out at in the course of the MLB match involving the San Diego Padres and Texas Rangers on August 17, 2020 at World Existence Discipline in Arlington, TX. Andrew Dieb | Icon Sportswire | Getty Images Broadcasts of Big League […]
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Immediately after escalating a TikTok next, House Democrat leads thrust versus a ban
Although many lawmakers are pushing for a ban or sweeping alterations to the well known video-sharing application TikTok, Rep. Jamaal Bowman, D-N.Y., has embraced the app, getting approximately 160,000 followers and 2 million likes submitting about his thoughts and the workings of Congress. On Wednesday, Bowman will host a news meeting with far more than […]
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