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Rivian has secured conditional approval for a $6.6 billion loan from the U.S. Department of Energy to build its Georgia production facility, aiming to produce affordable R2 and R3 electric vehicles starting in 2028.

#rivian #ev #georgia #loan
November 26, 2024 at 2:04 PM
ThyssenKrupp Steel Europe plans to cut its workforce from 27,000 to 16,000 over the next six years due to increased competition from cheap imports.

The restructuring will eliminate 5,000 jobs by 2030 and outsource another 6,000.

#layoff #cuttingjobs #steel
November 26, 2024 at 1:40 PM
Cassava Sciences (SAVA) saw its stock plummet 84% after its Alzheimer's drug, 💊 Simufilam, failed in Phase 3 trials.

The study, involving patients with mild-to-moderate Alzheimer's, showed no significant improvement in cognitive function compared to a placebo.

#alzheimer #science #stock
November 26, 2024 at 1:12 PM
The U.S. government is pushing for Google to sell Chrome following a federal judge's ruling that found the company holds monopoly over internet search.

Chrome could be valued as high as $20 billion. The final decision will be made after a hearing in April 2024.

#google #chrome #antitrust #tech
November 24, 2024 at 8:20 PM
Did you know that our water usage is literally tilting the Earth?
A recent study reveals that groundwater pumping has caused the planet to tilt 31.5 inches in less than two decades, leading to a 0.24-inch rise in sea levels.

#climatechange #sustainability #water #earth #planet
November 24, 2024 at 7:58 PM
Samsung is going all out for Black Friday, slashing the Galaxy S24 Ultra price from $1,419 to just $499.

This 65% off deal combines instant savings, trade-in offers, and cashback.

#samsung #galaxys24ultra #blackfriday #discount
November 24, 2024 at 11:24 AM
Bosch plans to cut 5,500 jobs globally, including 3,800 in Germany, as the auto industry struggles with stagnant sales and excess capacity.

This move follows recent job cuts at Ford and potential factory closures at Volkswagen.

#bosch #autoindustry #layoffs #germany
November 24, 2024 at 11:10 AM
Michael Saylor, co-founder of MicroStrategy, announced that the company is raking in $500 million a day as Bitcoin nears the $100K milestone.

In just two weeks, MicroStrategy's Bitcoin holdings have surged by $5.4 billion. With a 97% increase in stock value.

#bitcoin #microstrategy #crypto
November 24, 2024 at 10:35 AM
Hyundai is recalling over 42K vehicles due to a wiring issue that could cause them to roll away unexpectedly.

This affects all 2025 Santa Cruz and Tucson models in the US.

Transmission can shift out of park without pressing the brake pedal.

#hyundai #safety #danger #recall
November 24, 2024 at 10:21 AM
A listeria outbreak , mainly in California, tied to Yu Shang Food Inc. has led to a recall of over 72K pounds of ready-to-eat meat poultry after 11 illnesses and an infant's death. Get rid of affected products, chicken feet and duck neck, produced before Oct 28.

#listeria #outbreak #chinesefood
November 24, 2024 at 10:02 AM
Bitcoin is on the verge of a major milestone. Currently priced at $98,751, prediction markets suggest an 85% chance it will hit $100K by the end of 2024, with some forecasts even predicting it could reach $125K or more!

Will we see a breakout rally soon?💥

#bitcoin #crypto #btc #investing
November 23, 2024 at 3:02 PM
Did you know that about 8% of people have an extra rib?
#didyouknow #funfacts #facts
November 23, 2024 at 2:42 PM
Elon Musk has announced that X (formerly Twitter) is now the #1 news app in India.

However, the platform faces challenges regarding the reliability of user-generated content.

#elonmusk #twitter #india #news
November 23, 2024 at 12:51 PM
China has activated the world’s most advanced hypergravity machine.

This machine can produce forces up to 1,900 times stronger than Earth's gravity, revolutionizing research in extreme conditions and will address challenges in engineering and geology.

#science #innovation #gravity #china
November 23, 2024 at 12:31 PM
Blue Origin has successfully launched its ninth space tourism flight from West Texas. The mission, NS-28, carried six passengers.

The flight lasted about 10 minutes, marking another step in Blue Origin's journey to make space accessible.

#spacetourism #blueorigin #jeffbezos #tourism #rocket
November 23, 2024 at 12:11 PM
Crypto billionaire Justin Sun just bought a banana duct-taped to a wall for $6.2 million at NY auction!

The artwork, titled "Comedian" by Maurizio Cattelan, has sparked debate about art and value.

What do you think about it? Tell us in the comments!

#art #crypto #billionaire #banana
November 23, 2024 at 11:59 AM
Niantic is using player data from Pokémon Go to create a 3D map of the world with its new AI model.

By scanning real-world locations, players are helping build a unique geospatial map while Niantic emphasizes privacy, urging users to avoid scanning private areas.

#pokemongo #niantic #privacy
November 23, 2024 at 11:13 AM
Amazon is investing an additional $4 billion in AI startup Anthropic, the company behind the Claude chatbot, raising its total investment to $8 billion.

Source: CNBC

#amazon #Anthropic #ai
November 22, 2024 at 4:16 PM
Google has canceled the Pixel Tablet 2, disappointing fans hoping for upgrades.

While the future of the Pixel Tablet 3 remains uncertain, there are hints of exciting advancements ahead.

Source: Android Authority

#google #pixeltablet #technews
November 22, 2024 at 3:29 PM
Apple is working on a ChatGPT competitor called “LLM Siri“ which is a more conversational version of Siri, hoping to catch up in this crazy AI era.

#apple #iphone #siri #llm #chatgpt
November 22, 2024 at 3:00 PM
🦈🦊 “The Bad Guys 2” trailer is officially out, with a plot twist.

The sequel filmmakers are introducing a new all-female gang. The trailer is available and trending on YouTube!

#badguys #animation #movie #comedy
November 22, 2024 at 2:44 PM
Northvolt, Swedish battery giant and Europe’s hope for EVs files for Chapter 11 bankruptcy, shattering the Europe’s dreams for the future of electric vehicles.

#sweden #northvolt #bankruptcy #business
November 22, 2024 at 12:16 PM
Google stock hammered (📉 down 4.7%) after Department of Justice demands Google to sell Chrome browser.

There could be many potential buyers such as Meta, OpenAI, Anthropic, Amazon, and more.

#google #stock #chrome
November 22, 2024 at 11:51 AM
Bluesky CEO, Jay Graber, told CNBC that

“The billionaire proof is in the way everything is designed, and so if someone bought or if the Bluesky company went down, everything is open source.”

Now, Bluesky has more than 21+ million users.
#bluesky #twitter #socialmedia
November 22, 2024 at 11:37 AM
Wolverine Packing Co. has recalled about 167K pounds of 🥩 ground beef due to possible E. coli contamination.

The recalled products include both fresh and frozen beef, with "use by" dates of November 14 and October 22, respectively.

Please do not eat these products and cook any raw beef to 160°F.
November 22, 2024 at 11:24 AM