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How Bluesky, Twitter’s one-time side project, is challenging Elon Musk’s X
Billionaire Mark Cuban, New York Democratic Rep. Alexandria Ocasio-Cortez and author Stephen King are all now on Bluesky. The social media platform is the brainchild of Twitter co-founder Jack Dorsey, who conceived Bluesky as a side project inside Twitter in 2019. Bluesky, which is no longer affiliated with Dorsey, is now its own company, and […]
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Why U.S. tech companies struggle to replicate China’s WeChat ‘super app’ model
Think about the apps you use on your phone every day. Studies have shown Americans use an average of 46 mobile apps each month to complete a variety of everyday tasks. Now imagine if you could combine all of those programs into a single, standalone app. A one-stop shop to socialize with friends, order food, […]
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Google Maps is turning 20 — it’s mapping three more countries and adding AI capabilities
Two decades ago, Google co-founder Larry Page had an idea that would forever change the way we navigate the world. “Larry drove down some of these streets with a video camera and handed it to someone and said, ‘Hey, what can you do with this?’” said Maria Biggs, technical program manager at Google Street View, […]
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Why the gold boom is causing a surge in illegal mining
In challenging economic and geopolitical times, investors bet on gold for its ability to store value. Gold prices hit record highs last year, with some analysts forecasting the precious metal could reach $3,000 an ounce by the end of 2025. But the boom has also been linked to a surge in illegal gold mining. “What […]
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Trump’s plan for mass deportation could have a big effect on prices
The U.S. saw inflation cool in 2024, but economists warn that President-elect Donald Trump’s plan for the mass deportation of undocumented immigrants could greatly affect prices. “Certainly the economic impacts are going to be felt,” said David J. Bier, the director of immigration studies at the Cato Institute. “There’s going to be supply chain issues. […]
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39-year-old’s cannabis business brings in $800,000 a month—16 years after he went to prison for selling drugs
A lot can change in 16 years. In 2009, a drug conviction landed Coss Marte a seven-year prison sentence. This year, Marte expects to bring in as much as $12 million selling cannabis legally. Marte, 39, is the founder and CEO of Conbud, one of the first businesses fully-licensed to sell recreational cannabis in Manhattan, […]
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Experts say high food prices are here to stay. Here’s why
Inflation has steadily cooled over the past two years, despite seeing a slight stall in October and November. Prices for items such as gasoline, used cars and energy have all declined accordingly. However, food prices continue to outpace inflation, increasing by 28% since 2019. More than 85% of consumers report feeling frustrated with rising grocery […]
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Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power
Data centers powering artificial intelligence and cloud computing are pushing energy demand and production to new limits. Global electricity use could rise as much as 75% by 2050, according to the U.S. Department of Energy, with the tech industry’s AI ambitions driving much of the surge. Data centers powering AI and cloud computing could soon […]
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Behind Amazon’s quiet launch of Haul, which competes with Temu in ultra-low-price items from China
Two weeks before Black Friday, Amazon quietly added a new section to the top of its mobile app. Called Haul, it’s a mobile-only area for ultra-low-price items, primarily shipped directly from China. Haul is Amazon’s answer to the booming popularity of apps such as PDD Holdings‘ Temu and fast-fashion retailer Shein. Amazon told CNBC that […]
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How China’s satellite megaprojects are challenging Elon Musk’s Starlink
China faces a tall order in its efforts to catch up to Elon Musk’s SpaceX satellite service. SpaceX’s Starlink already has nearly 7,000 operational satellites in orbit and serves around 5 million customers in more than 100 countries, according to SpaceX. The service is meant to offer high-speed internet to customers in remote and underserved […]
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