(Forbes) Ford is taking all-electric vehicle technology a notch higher, with an innovative vehicle-to-vehicle recharging system expected on the F-150 Lightning pickup that will debut next year. Ford expects its…
(Interview) Tesla CEO Elon Musk does not see the potential for a metaverse and Web 3.0 ecosystem and has instead preferred to call them “buzzwords” used for marketing. Musk says…
(Reuters) Maersk is seeking to diversify beyond its core ocean freight operations after agreeing to acquire Hong Kong’s LF logistics in an all-cash deal valued at $3.6 billion. Maersk says…
(ONS) The United Kingdom posted a 1.1% expansion in the national output in the third quarter, slower than the 5.4% growth recorded in the previous quarter. The weaker growth in…
(RetractionWatch) Shares of Cassava Sciences Inc. rose more than 28% on Tuesday after the Journal of Neuroscience said it finds no evidence of manipulation of data for its experimental drug…
(MarketWatch) Nikola Corp. will settle a $125 million fine charged on the company for allegedly misleading investors regarding its offerings and prospects. The civil charges by the US Securities and…
(MarketWatch) Shares of Society Pass Inc. rose more than 15% on Tuesday, after closing up 240.18% on Monday following announced inclusion into the Russell 2000 index. Investors' interest in the…
(Bloomberg) The Turkish lira reversed weeks of losses to trade up 15% at 11.3165 against the dollar as of 9:15 a.m. on Tuesday on announced measures to support the weakening…
(ONS) The UK recorded a total of 17.4 billion pounds in public sector net borrowing in November, a 4.9 billion pounds decline from the prior year. The borrowing rate in…
(Ethereum Foundation) The Ethereum Foundation has announced the launch of the Kintsugi testnet as it works to welcome the proof-of-stake, effectively replacing the proof-of-work consensus mechanism. Ethereum Foundation member Tim…
(SEMI) Semiconductor equipment manufacturers in North America recorded worldwide billings of $3.93 billion in the three months to November, an increase of 50.6% from the prior year. On a month…
(Nike Inc.) Nike Inc. posted revenues of $11.36 billion in the second quarter of 2022, 1% above last year, beating the expected $11.25 billion. The company’s direct sales rose 9%…