Instacart slashes its valuation to $24 billion
Instacart's valuation doubled twice to $39 billion in the first year of the public health crisis, fueled by a pandemic boon to its on-demand grocery delivery business. Now it's falling back to earth......»»
Feds give $1 billion to GM, Stellantis for EV projects
The Energy Department is giving out $1.7 billion in grants to GM, Stellantis, Volvo Group and several suppliers to help support the industry's EV transition......»»
Nvidia Stock Jumps After Analyst Forecasts $200 Billion in AI-Chip Sales Next Year
Nvidia Stock Jumps After Analyst Forecasts $200 Billion in AI-Chip Sales Next Year.....»»
Musk"s xAI, Oracle end talks on $10 billion server deal, the Information reports
Musk"s xAI, Oracle end talks on $10 billion server deal, the Information reports.....»»
Ford plant incentives slashed by Michigan after EV projects shrink
The reductions are in step with Ford’s scaling back of the EV battery project in Marshall, Mich., from $3.5 billion and 2,500 jobs to the new range of $2.5 billion-$3 billion and 1,700-2,100 jobs, according to the Michigan Economic Development Corp.....»»
EV battery component maker Entek poised to get $1.2 billion U.S. loan
The battery component maker has been offered a conditional loan by the U.S. Energy Department to help pay for a new manufacturing facility west of Indianapolis that will make lithium-ion battery separators mainly for EVs.....»»
New discovery boosts bioethanol production efficiency and profits
A new technique to monitor contamination in bioethanol production could increase revenue by more than $1.6 billion USD and reduce CO2 emissions by 2 million tons......»»
We mapped the entire bilby genome—and now we can use poo to save Australia"s "Easter bunny" from extinction
Commonly known as Australia's "Easter bunny" due to its large ears and hopping movement, the greater bilby (Macrotis lagotis) is the last of its kind. Today we published its reference genome—all 3.66 billion pieces of it......»»
Webb admires bejeweled ring of the lensed quasar RX J1131-1231
This new picture of the month from the NASA/ESA/CSA James Webb Space Telescope features the gravitational lensing of the quasar known as RX J1131-1231, located roughly six billion light-years from Earth in the constellation Crater......»»
Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high
Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high.....»»
Flexible and durable bioelectrodes: The future of health care wearables
The use of wearable electronics that continuously monitor biosignals has transformed the health care and fitness industries. These devices are becoming increasingly common and are projected to reach a market valuation of approximately USD 572.06 bill.....»»
The universe"s biggest explosions made elements we are composed of, but there"s another mystery source out there
After its "birth" in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the 13.8 billion years between.....»»
Mountain building linked to major extinction event half a billion years ago
As life on Earth rapidly expanded a little over 500 million years ago during the Cambrian explosion, Earth had tectonic plates slowly crashing into each other, building mountains and starting a series of unfortunate events that led to a mass extincti.....»»
Nissan CEO sees 30% salary cut since April over supplier payments
Nissan was reprimanded by the Japan Fair Trade Commission in March over slashing payments to top suppliers by about 3 billion yen between January 2021 and April last year......»»
Google Cloud explains how it accidentally deleted a customer account
UniSuper's 647,000 users faced two weeks of downtime because of a Google Cloud bug. Enlarge Earlier this month, Google Cloud experienced one of its biggest blunders ever when UniSuper, a $135 billion Australian pension.....»»
Sony’s gorgeous 65-inch Bravia XR TV has a $200 discount today
The 65-inch Sony Bravia XR X90L 4K TV, which runs on the Google TV platform, is available from Best Buy with a $200 discount that slashes its price to $1,100......»»
Climate and health benefits of wind and solar dwarf all subsidies
By displacing fossil fuels, wind and solar saved the US $250 billion over 4 years. Enlarge (credit: Ashley Cooper) When used to generate power or move vehicles, fossil fuels kill people. Particulates and ozone resulting.....»»
Rich nations met $100 bn climate finance goal two years late: OECD
Wealthy countries met their target of providing $100 billion in annual climate aid to poorer countries for the first time in 2022 though two years later than promised, the OECD said Wednesday......»»
EV startup VinFast considers delaying $4 billion U.S. assembly plant, report says
The Vietnamese company originally planned to complete the factory in July 2024 but later pushed back the start of operations to 2025. It is considering another delay, Reuters reported......»»
Improved refrigeration could save nearly half of the 1.3 billion tons of food wasted each year globally
About a third of the food produced globally each year goes to waste, while approximately 800 million people suffer from hunger, according to the U.N.'s Food and Agriculture Organization......»»
T-Mobile is buying one of the largest carriers in the U.S.
T-Mobile has just announced a $4.4 billion deal to acquire one of the biggest carriers in the U.S. Here's what that might mean for customers......»»