Virgin Galactic Preps for Its Next Tourist Spaceplane…by Laying Off Staff
In an effort to cut cost for the sake of the development of its next generation spaceplane, Virgin Galactic will lay off a number of its employees and save on…
Texans Vote in Favor for Fund to Fix Faulty Grid
Natural gas is flared off during an oil drilling operation in the Permian Basin oil field on March 12, 2022 in Midland, Texas. Photo: Joe Raedle (Getty Images) Texans overwhelmingly…
Texas’ Screwed-Up Power Grid Is on the Ballot
Texas will vote on whether to give the oil and gas industry billions to make its barely-working power grid more reliable while ignoring the benefits of renewable energy. This comes…
U.S. Regulators Want to Treat Apple, PayPal Like Banks
The Consumer Finance Protection Bureau (CFPB) proposed to hold big tech accountable to the same regulations that banks are, in a filing Tuesday. If Apple and PayPal offer financial services…
Nobody Wants to WeWork Anymore
WeWork filed for Chapter 11 bankruptcy protection on Monday, listing nearly $19 billion in debts, according to Bloomberg. The coworking space, once the largest office space tenant in Manhattan, will…
OpenAI Launches ChatGPT-4 Turbo During First-Ever DevDay
Sam Altman, OpenAI cofounder and CEO, revealed Chat GPT-4 Turbo at the company’s first-ever developer conference called DevDay in San Francisco Monday. The new model supports 128,000 tokens of context,…
What to Know About the Coming U.S. Hydrogen Energy Boost
The Biden administration is betting on hydrogen to power the country, create well-paying jobs, and lower climate-warming emissions. Last month, the president announced that $7 billion will be invested to…
SBF Is Headed to Prison But FTX Will Haunt the Crypto Community For Years
Sam Bankman-Fried may be headed to prison but the story of FTX is far from over. Indeed, like an evil spirit, the exchange seems destined to haunt the crypto community…
Revel Is Reportedly Getting Out of the Moped Business
Photo: Karolis Kavolelis (Shutterstock) EV startup Revel’s moped-share option is ending in both New York City and San Francisco, the company announced in a company-wide email on Friday, citing the…
Sam Bankman-Fried Found Guilty in Crypto Trial
Sam Bankman-Fried is guilty on all seven federal charges in his criminal trial for defrauding customers of his crypto exchange out of billions of dollars with his crypto empire, jurors…