Technology
California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a proposed ballot measure to tax billionaires. The...
California exceeds clean car goal despite declining federal support
More than 2.5 million electric vehicles have been sold in California since 2010, exceeding one of the state’s EV goals despite setbacks in clean energy brought on by the...
L.A.’s defense industry is booming. Federal funding crunch could change that
When former Space X engineer Josh Giegel launched his North Hollywood tech company Gambit in 2023, he had a vision for the battlefield of the future, one with fewer...
ComfortDelGro self-driving vehicle collides with road divider during road test
[SINGAPORE] An autonomous vehicle operated by ComfortDelGro (CDG) collided with a road divider while undergoing a road test in Punggol on Saturday (Jan 17).In response to queries from The...
Musk seeks up to US$134 billion damages from OpenAI, Microsoft
ELON Musk wants OpenAI and Microsoft to pay him damages in the range of US$79 billion to US$134 billion over his claims that the generative AI company defrauded him...
Federal Reserve’s Jefferson says he considers Powell to be ‘of the highest integrity’
[BOCA RATON] US Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on Friday he considered Powell to be...
Porsche sales slump most in 16 years on poor China demand
Its sales are down 26% as the nation’s economic slowdown hit consumers across all income brackets[BERLIN] Porsche’s deliveries fell 10 per cent last year, following weak demand for electric...
Explaining California’s billionaire tax: The proposals, the backlash and the exodus