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☆ Vertical farming: This GigaFarm in Dubai’s desert could produce 3 million kilograms of food
▼ + stars: | 2024-03-14 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

CNN —In 2022, Dubai unveiled the world’s largest vertical farm. Intelligent Growth Solutions (IGS)“Not just another vertical farm”GigaFarm’s vertical farming solution is supplied by IGS, a Scottish company founded in 2013. “This is not just another vertical farm, this is something completely different,” says Lloyd, adding that the recycling model could be applied to any urban area. And it’s not just the UAE that’s interested in vertical farming: Qatar is investing heavily in smart farming, and agritech companies are expanding into Saudi Arabia. However, it will take another decade before we see widespread adoption of vertical farming, and more research is required to increase the number of crops that can be grown, Sharma adds.

Persons: Dubai’s Al, it’s, Oliver Christof, “, Andrew Lloyd, you’ve, ”, Lloyd, AeroFarms, Lloyd —, It’s, ReFarm, Rohit Sharma, Sharma Organizations: CNN, Dubai’s Al Maktoum International Airport, UAE, UN, IGS, University of Wollongong Locations: Dubai, Dubai’s, Dubai’s Al Maktoum, Tech, Scottish, Abu Dhabi, UAE, Ukraine, Russia, Carrefour, Qatar, Saudi Arabia, East, Africa

☆ It might be time to rethink the smartphone — for real this time
▼ + stars: | 2024-03-14 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

Why do phones need apps? At this year's Mobile World Congress, the future of the smartphone and how we connect were firmly under the microscope. Deutsche Telekom and Brain.ai demoed one such instance at MWC: a smartphone with no apps. It's just an idea for now, but it's prompting an interesting question: Why assume the smartphone of the future has apps at all? But the smartphone industry is slumping, and there's a "need to invigorate the upgrade cycle," Milanesi told BI.

Persons: —, Sam Altman, There's, Altman, Jony, Meta's Mark Zuckerberg, Carolina Milanesi, Milanesi, Tom Butler, I'm, Butler, Lenovo's Butler, it's Organizations: Service, Congress, MWC, Las, CES, Deutsche Telekom, Brain.ai, Qualcomm, Bloomberg Locations: Carolina, PAU, AFP

☆ Greece's S-300 missiles could bolster Ukraine's air defenses at a critical moment
▼ + stars: | 2024-03-14 | by ( Paul Iddon | ) www.businessinsider.com time to read: +6 min

Read previewGreece is reconsidering sending Ukraine its Russian-made S-300 air defense missiles, a turnabout that comes after a Russian military struck close to its leader during a visit to Ukraine. The conversation around the Greek S-300 is changing, said George Tzogopoulos, a senior fellow at the Centre International de Formation Européenne. As long as Greek defense needs are satisfied, the policy of swap deals will continue. A Russian missile exploded a mere 500 meters from the convoy he was traveling in with Ukrainian Prime Minister Volodymyr Zelensky. "If radars and spare interceptors are also included in the package, that would be a significant addition to Ukraine's air and missile defense," Borsari said.

Persons: —, George Tzogopoulos, Tzogopoulos, Frederico Borsari, Borsari, Ukraine's Odesa, Kyriakos Mitsotakis, Volodymyr Zelensky Organizations: Service, Business, Center for, Patriot PAC, Patriot, Russian, Patriots, Greek, Ukrainian, Kyiv Locations: Greece, Ukraine, Russian, Cyprus, Crete, Turkey, Athens, Russia, United States, Germany, Netherlands, Pokrovsk, Mar, Ukrainian

☆ ‘Wildly disappointing’: Tech exec warns web innovation is stagnating, compares it to space exploration post-1970s
▼ + stars: | 2024-03-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

But Blumofe, who noted he's still a believer in the web and modern technology, cautioned we could be in for stagnation. Blumofe compared the current state of the web today to the aerospace industry in the 1960s. Today, aerospace innovation has stalled, he added. "All that was in the 60s and 70s," Blumofe noted. "If someone had gone asleep in 1975 and then woke up and looked at aerospace today they would be wildly disappointed."

Persons: Edwin E, Aldrin, Jr, we'd, underwhelmed, Robert Blumofe, Tim Berners, Lee, he's, Blumofe Organizations: United, CNBC, Boeing Locations: United States

☆ General Motors recalls nearly 820,000 pickup trucks
▼ + stars: | 2024-03-02 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

New York CNN —General Motors is recalling nearly 820,000 pickup trucks over a potential safety issue involving tailgates. General Motors did not immediately respond to CNN’s request for comment. General Motors said it received one complaint of minor injury and three of minor property damage. Dealers will replace the exterior switch that opens the tailgate with material that is more water resistant. General Motors said it will begin letting customers know whether their car is affected on March 18.

Persons: Motors, General Motors Organizations: New, New York CNN —, Silverado, GMC, General Motors, General, Dealers Locations: New York, GMC Sierra, United States, Canada

☆ Russian space officials say there's a recurring air leak problem in their segment of the International Space Station
▼ + stars: | 2024-02-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Roscosmos said on Wednesday that it detected an air leak on board the ISS that poses no threat to the crew. AdvertisementRussia's space agency said on Wednesday that its section of the International Space Station is again suffering an air leak issue, but said the problem currently poses no threat to its crew. "There is an area at the end of the International Space Station that we've seen a leak. Meanwhile, Roscosmos said it plans to build its own space station, following the example of China's independent Tiangong station. As Moscow continues to split from the West, Russian space officials have questioned the reliability of the old equipment on board the ISS.

Persons: Roscosmos, —, Joel Montalbano, Montalbano, Pyotr Dubrov Organizations: NASA, Russia's Zvezda, Service, International, Space, Russian, ISS, National American Space Agency ISS, International Space, Zvezda, West Locations: Russia's, Russian, Russia, Moscow, Ukraine

☆ First Solar jumps on strong quarter, record backlog in rare bright spot for beaten-down renewable sector
▼ + stars: | 2024-02-28 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

First Solar shares jumped Wednesday after reporting another solid quarter, with the company booked solid through 2026 and an order backlog that stretches into the end of the decade. First Solar is one of the few companies that has weathered the sharp downturn in the solar sector. JPMorgan has a price target of $226 for the stock, implying about 56% upside from Tuesday's close. Goldman Sachs lowered its price target for First Solar to $265 from $275 prior despite the company's strong quarter. The investment bank said solar module oversupply and potential changes to U.S. tax credits are key risks for First Solar moving forward.

Persons: Morgan Stanley, Andrew Percoco, Mark Strouse, Corinne Blanchard, Blanchard, Alexander Bradley, Mark Widmar, Goldman Sachs Organizations: Solar, JPMorgan, Deutsche Bank, Deutsche Locations: Perrysburg , Ohio, India, Europe

☆ China moon spacecraft named ‘Dream Vessel’
▼ + stars: | 2024-02-26 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —China’s space agency has revealed the names of the spacecraft that it hopes will take Chinese astronauts to the moon by the end of the decade. In a news release over the weekend, the China Manned Space Agency said development was “progressing well” on the spaceship Mengzhou, or Dream Vessel, the lander, Lanyue, or Embracing the Moon, and a super-heavy-lift carrier rocket named Long March 10. The name Mengzhou is linked to the “Chinese nation’s dream of landing on the moon,” it added. The United States is ramping up its lunar program, with NASA last month announcing its plan to land astronauts on the moon in 2026, a year behind its original schedule. Last week, the commercial Odysseus lunar lander developed by Intuitive Machines became the first US-made spacecraft to touch down on the moon in 50 years.

Persons: “ Lanyue ”, Mao Zedong, Xi Jinping’s, Japan’s Organizations: Hong Kong CNN, China Manned Space Agency, NASA, Machines Locations: Hong Kong, China, Beijing, People’s Republic of China, United States, Japan, India

☆ Artist Jeff Koons makes history with a sculpture on the moon
▼ + stars: | 2024-02-22 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

Called “Moon Phases,” they show 62 phases of the moon as seen from Earth, 62 phases visible from other viewpoints in space, and one lunar eclipse. Pace Verso, the NFT wing of Pace, is also offering NFTs of each sculpture, while Koons has produced larger, coinciding physical sculptures of his “Moon Phases” to remain on Earth. Koons' "Moon Phases" is visible on the lander's exterior. Intuitive Machines/APThough its arrival marks a milestone, “Moon Phases” is not the only art to touch down on the moon’s surface. But Odie has closed the chapter on a more niche space race — between Koons and the Dubai-based artist Sacha Jafri.

Persons: Odysseus, Jeff Koons, Odie, Koons, Aristotle, David Bowie, Leonardo da Vinci, Gandhi, Billie Holiday, Gabriel García Márquez, Andy Warhol, Virginia Woolf, Koons “, Pace Verso, Paul Van Hoeydonck, It’s, — Andy Warhol, Robert Rauschenberg, John Chamberlain, Claes Oldenburg, Forrest Myers, David Novros —, Sacha Jafri, Jafri, ”, Peregrine Organizations: CNN, SpaceX, Peregrine, Pace, Machines, Apollo Locations: American, Houston, Belgian, India, Japan, Dubai

☆ After 8 months stuck in orbit, Varda's drug spacecraft gets FAA approval to return
▼ + stars: | 2024-02-14 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Space startup Varda received long-awaited approval from the Federal Aviation Administration to bring its first spacecraft back to earth after a stint manufacturing drugs in space. Varda's small W-Series 1 capsule, or W-1, has been stuck in orbit since it launched eight months ago. The FAA's approval means Varda will try to land the W-1 mission on Feb. 21. The W-1 mission is a demonstration of the company's automated in-space manufacturing process. The company previously said it expects to return a few kilograms of manufactured material on the W-1 mission.

Persons: Varda Organizations: Federal Aviation Administration, Air Force's Utah, FAA Locations: Utah, United States

☆ Photos show US Navy SEAL operations aboard hidden shelters on submarines
▼ + stars: | 2024-02-11 | by ( Lauren Frias | ) www.businessinsider.com time to read: +1 min

What is a dry deck shelter? A Navy diver rigs the dry deck shelter aboard the guided missile submarine USS Ohio for a dive. Photo by Petty Officer 1st Class Barry Hirayama/DVIDSA dry deck shelter, or DDS for short, is a long cylindrical lockout module located near the sail on the deck of US Navy submarines. In the 1960s, USS Grayback, a formerly decommissioned diesel-electric submarine, was brought back into action to remedy the inefficiency. The Grayback's converted missile bays streamlined special operations, facilitating the deployment of platoons quickly and covertly.

Persons: Petty, Barry Hirayama Organizations: Navy Locations: Ohio

☆ Three people indicted in $400 million FTX crypto hack conspiracy
▼ + stars: | 2024-02-02 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Three people were indicted for an identity theft conspiracy that allegedly included the $400 million hack from FTX on the same day in November 2022 that the doomed cryptocurrency exchange filed for bankruptcy protection, court records show. A source familiar with the case confirmed that FTX was the victim mentioned in the indictment. Later on Nov. 11 and continuing into the next day, "co-conspirators transferred over $400 million in virtual currency from [FTX's] virtual currency walls to virtual currency wallets controlled by the co-conspirators. The indictment says that several weeks before the FTX hack, the scheme looted $293,000 in virtual currency from one victim, and days later, stole more than $1 million in crypto from another person. A day after the FTX hack, the conspirators stole about $590,000 in crypto from an individual's virtual wallet.

Persons: Robert Powell, Carter Rohn, Emily Hernandez, Gal Pissetzky, FTX, Sam Bankman, Fried, Powell, Hernandez Organizations: Washington , D.C, U.S, Attorney's, FTX, CNBC PRO Locations: Krakow, Poland, Chicago, Indianapolis, Colorado, Washington ,, Washington, Manhattan, Texas

☆ Yes, the moon is shrinking but that's not the disturbing news scientists discovered that could threaten future NASA missions
▼ + stars: | 2024-02-01 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

AdvertisementDanger at the lunar south poleArtemis III plans to land astronauts near the moon's south pole , which contains water ice, among other vital resources. Even small tremors at the moon's south pole could trigger landslides, according to a NASA press release, which may be dangerous to astronauts. Asteroids and comets have also broken up the lunar surface, Nicholas Schmerr, a co-author on the study, said in a statement . Astronaut James B. Irwin, lunar module pilot, works at the Lunar Roving Vehicle during the first Apollo 15 lunar surface extravehicular activity (EVA). The setback will likely also delay NASA's later missions and the agency's aspirations to build a permanent base at the moon's south pole.

Persons: Artemis, —, Artemis III, Tom Watters, Watters, Shackleton, Nicholas Schmerr, James B, Irwin, Artemis II Organizations: Service, NASA, Science, Newsweek, BBC, Lunar, Apollo, CNN, Orion

☆ The US, Russia and China are in a race to dominate new-wave nuclear energy — and win global influence
▼ + stars: | 2024-02-01 | by ( Angela Dewan | Ella Nilsen | ) edition.cnn.com time to read: +12 min

Russia's floating nuclear power plant, Akademik Lomonosov, leaving the service base Rosatomflot on August 23, 2019. For some experts, nuclear energy — in all forms, large or small — has an important role to play in that transition. Globally, the construction of conventional nuclear power plants dipped following the Chernobyl meltdown in 1986. Russia has already built or designed nuclear plants — the traditional type — for China, India, Bangladesh, Turkey, Slovakia, Egypt and Iran. “It certainly dampens the excitement abroad,” said John Parsons, a senior lecturer at MIT and a financial economist focused on nuclear energy.

Persons: Akademik Lomonosov, Biden, Lomonosov, Maxim Shemetov, “ There’s, ”, Josh Freed, China —, Vladimir Putin’s, Bill Gates ’, Luo Yunfei, Kirsten Cutler, they’re, Cutler, ” Cutler, They’re, John Parsons, John Kerry, Thomas Mukoya, Way’s Freed, “, ” Parsons, Mohammed Hamdaoui, ” Hamdaoui, “ It’s Organizations: CNN, Reuters, European Union, International Energy Agency, Energy, World Nuclear, IEA, US, SMR, US Export, Import Bank, International Development Finance Corporation, GE Hitachi Nuclear Energy, China, Changjiang, China News Service, Nuclear Energy, US State Department, “, MIT, InfluenceMap, The State Department, Nuclear Regulatory Commission, NRC, Rystad Energy Locations: Alaska, Russian, Russia, China, European, Japan, India, South Korea, Europe, Dubai, America, Poland, North Carolina, Southeast Asia, Bangladesh, Turkey, Slovakia, Egypt, Iran, Lomonosov, Siberia, Russia’s, Washington, Bill Gates ’ TerraPower, Wyoming, Changjiang Li Autonomous County, Hainan province, United States, Oregon, Idaho, United Arab Emirates

☆ GM, Honda begin U.S. fuel cell production in step toward replacing diesel
▼ + stars: | 2024-01-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

An employee assembles a fuel cell system in the module final assembly at Fuel Cell System Manufacturing LLC, GM and Honda's fuel cell joint venture in Brownstown, Michigan. BROWNSTOWN, Mich. – General Motors and Honda Motor have begun commercial production of hydrogen fuel cell systems in a step toward offering alternative zero-emissions solutions beyond battery-electric vehicles. The fuel cell systems are produced through a 50-50 joint venture between the automakers at an $85 million facility in suburban Detroit. The companies, which are marketing and selling products separately, are calling the "large-scale" production at the joint venture the first of its kind in the U.S. And now we can start to move it into these segments where before it wasn't really feasible," Charlie Freese, executive director of GM's "Hydrotec" fuel cell products, told CNBC during an event at the plant.

Persons: We're, Charlie Freese Organizations: Cell System Manufacturing, GM, –, Motors, Honda, Fuel Cell System, CNBC Locations: Brownstown , Michigan, BROWNSTOWN, Mich, Detroit, U.S

☆ How much TikTok pays employees in the US, from data scientists to software engineers, according to salary data
▼ + stars: | 2024-01-19 | by ( Ashley Rodriguez | Dan Whateley | ) www.businessinsider.com time to read: +109 min

Some examples of salary offers for corporate functions include:AdvertisementAccountant, Expense Management : $73,000: $73,000 HR Business Partner : $127,680 median; ranging from $90,000 to $182,880: $127,680 median; ranging from $90,000 to $182,880 HR Specialist: $114,000 median; ranging from $85,000 to $170,000DesignEmployees on the design team "shape the visual representation" of TikTok's products and business, creating "unique designs that are not just visually appealing, but also express the aesthetic of our brand," the company wrote. : $320,000: $320,000 Android Software Engineer, TikTok Monetization : $210,000: $210,000 Android Software Engineer, TikTok Privacy : $190,000: $190,000 Android Software Engineer, TikTok Social : $126,640 median; ranging from $65,000 to $288,000: $126,640 median; ranging from $65,000 to $288,000 Android Software Engineer, TikTok User Growth : $227,000 median; ranging from $221,000 to $233,000: $227,000 median; ranging from $221,000 to $233,000 Applied Machine Learning Engineer : $273,340 median; ranging from $180,000 to $306,000: $273,340 median; ranging from $180,000 to $306,000 Applied Machine Learning Engineer, Recommendation : $190,000: $190,000 AR Effects Interactive Engineer : $125,000: $125,000 AR Software Engineer : $125,000: $125,000 Audio Engineer : $75,000: $75,000 Backend Engineer : $128,000: $128,000 Backend Engineer, Ads Platform : $172,000 median; ranging from $125,000 to $240,000: $172,000 median; ranging from $125,000 to $240,000 Backend Engineer, Content Ecosystem : $222,360: $222,360 Backend Engineer, Lark Innovation : $160,000: $160,000 Backend Engineer, Machine Learning : $157,680 median; ranging from $157,680 to $175,000: $157,680 median; ranging from $157,680 to $175,000 Backend Engineer, Risk Systems : $295,000 median; ranging from $150,000 to $320,000: $295,000 median; ranging from $150,000 to $320,000 Backend Engineer, TikTok Ads Creative and Ecosystem : $250,000: $250,000 Backend Engineer, TikTok Ads Creativity and Ecosystem : $207,500 median; ranging from $175,000 to $240,000: $207,500 median; ranging from $175,000 to $240,000 Backend Engineer, TikTok Eng. : $220,000 median; ranging from $160,000 to $285,000 0 #NUM! Software Engineer, Computer Vision : $165,000 median; ranging from $165,000 to $200,000: $165,000 median; ranging from $165,000 to $200,000 Software Engineer, Computer Vision, Intelligent Creation : $200,000 median; ranging from $200,000 to $265,000: $200,000 median; ranging from $200,000 to $265,000 Software Engineer, Core Services : $204,000 median; ranging from $125,000 to $244,680: $204,000 median; ranging from $125,000 to $244,680 Software Engineer, Core Service, Application Security : $129,680: $129,680 Software Engineer, CRM : $175,000 median; ranging from $125,000 to $300,555: $175,000 median; ranging from $125,000 to $300,555 Software Engineer, Data Access Team : $230,000: $230,000 Software Engineer, Data Mining : $169,680: $169,680 Software Engineer, Data Mining USDS : $182,400: $182,400 Software Engineer, Data Platform : $186,000 median; ranging from $170,000 to $216,880: $186,000 median; ranging from $170,000 to $216,880 Software Engineer, Data Security and Compliance : $180,000: $180,000 Software Engineer, Database Kernel Development : $130,000 median; ranging from $128,000 to $220,000: $130,000 median; ranging from $128,000 to $220,000 Software Engineer, Distributed Storage System : $285,000 median; ranging from $180,000 to $285,000: $285,000 median; ranging from $180,000 to $285,000 Software Engineer, Engineering Productivity : $195,000: $195,000 Software Engineer, Front-End : $147,000: $147,000 Software Engineer, Front-End, Ads Technology : $125,000: $125,000 Software Engineer, Full Stack : $180,000: $180,000 Software Engineer, Full Stack, Ads Technology : $147,500 median; ranging from $125,000 to $170,000: $147,500 median; ranging from $125,000 to $170,000 Software Engineer, Full Stack, E-Commerce Engineering and Architecture : $205,000: $205,000 Software Engineer, Full Stack, Vertical Solutions : $220,000: $220,000 Software Engineer, Global E-Commerce Customer Business : $195,000 median; ranging from $133,240 to $225,000: $195,000 median; ranging from $133,240 to $225,000 Software Engineer, Global Payment : $161,000 median; ranging from $155,000 to $215,000: $161,000 median; ranging from $155,000 to $215,000 Software Engineer, Gov. and Experience, TikTok E-Commerce : $241,540 median; ranging from $219,680 to $263,400: $241,540 median; ranging from $219,680 to $263,400 Software Engineer, GPU Management : $128,000 $128,000 $128,000 0 #NUM!

Persons: —, It's, TikTok, it's, ByteDance, TikTok Eng, Tiktok Organizations: Service, Business, US, of Foreign Labor, Live, US Data Security, Security, US Department of Labor, Corporate, Employees, TikTok, Tech, Commerce, Marketing, Staff, Trust, Safety, Brand, Android Software, Computer, Global Agency Relations, Global Security Technology, Infrastructure Engineering, Android, Machine, Interactive, Systems, Data Systems, Engineer, Commerce Data Intelligence, Commerce Logistics, Chain, Logistics, Media, US Tech Services, Big, Business Intelligence, Protection, Network Security, Business Systems, Cash, Cloud, Networking Software, Public, Tech Service, Technology, Technology Systems, Infrastructure, Network Business, NA, Defense, US Tech Service, Analytics, Research, Mining, Solutions, Tech Services, Pico, Forensics, Development, Control, Financial, CRM, Global, Learning, Traffic, TCMS, Communications, Graphics, Monetization Technology, Management, Products, Resources, IDC Logistics, DevOps, IOS, GNE Global, Software, Procurement, Commerce Global, Strategic, Global Business, Merchant, Mobile Security, Mobile Software, Multimedia Research, Regional, Sound Engineering, Professional Services, Community, Relations, Real, Commerce Trading, Creative, Enterprise, Virtual Network, Storage, Data Security, Smart, Finance, ML Systems, Cloud Infrastructure, TikTok US Tech Services, Monetization Tech, Learning Systems, Core Services, Core Service, Data Mining, Engineering, Commerce Engineering, Mobile, Revenue Management Locations: ByteDance, TikTok, TikTok Commerce, America, Mexico, Americas, Commerce

The US's first lunar lander in decades has met its doom. After launching on Monday, Peregrine Mission One started leaking fuel, Astrobotic said. Peregrine Mission One, a lunar lander built by Astrobotic, started leaking fuel hours after it launched from Cape Canaveral in Florida on Monday. The helium may have put the oxidizer tank under too much pressure, causing it to rupture and create the fuel leak, Astrobotic added. Peregrine Mission One is a nearly 2,900-pound uncrewed lander that carries 20 payloads from seven countries and 16 companies.

Persons: Peregrine, Astrobotic, — Organizations: Peregrine Mission, Service, Grumman, DHL MoonBox, DHL, Peregrine, United Launch Alliance Vulcan Locations: Cape Canaveral, Florida, Hungary, Seychelles

☆ Starbucks workers say they're worried about the new reusable cup program
▼ + stars: | 2024-01-05 | by ( Gloria Dawson | ) www.businessinsider.com time to read: +6 min

But some baristas are worried about how the reusable cup program will actually work. And will handing over a personal cup at the front of a drive-thru line slow down all the orders behind? Business Insider spoke to three Starbucks baristas about the reusable cup program. The Starbucks spokesperson said baristas got training on the new personal cup program — including practice time. I just can't see this working for morning rushes when we get like 30+ mobile orders per half hour."

Persons: —, they're, it's, barista, there's, baristas, we're Organizations: Starbucks, Service, Business, BI, Mobile Locations: Atlanta, Israel, Colorado, Texas

☆ India’s Chandrayaan-3 propulsion module is headed back to Earth
▼ + stars: | 2023-12-05 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

CNN —The propulsion module that powered India’s spacecraft to a historic moon landing just transitioned back into Earth’s orbit, according to the country’s space agency. The propulsion module had more fuel left over than the Indian Space Research Organization, or ISRO, had expected. The initial plan was to operate the SHAPE experiment for about three months, while the propulsion module continued whirring through lunar orbit. But because the rocket that launched the Chandrayaan-3 spacecraft delivered it to such a precise orbit, the propulsion module was left with more propellant than expected. (The trial did not, however, attempt to get back into lunar orbit or reconnect with the propulsion module.

Persons: — Organizations: CNN, Indian Space Research Organization, ISRO, Soviet Union, GEO Locations: India, United States, China

☆ US opens probe into 73,000 Chevrolet Volt cars over loss of power
▼ + stars: | 2023-12-01 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

A Chevrolet Volt plug-in hybrid vehicle is being charged at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam/File Photo Acquire Licensing RightsWASHINGTON, Dec 1 (Reuters) - A U.S. auto safety regulator said on Friday it is opening an investigation into 73,000 Chevrolet Volt plug-in hybrid cars over reports of abrupt loss of power, failures to restart and other issues. The National Highway Traffic Safety Administration said it was opening the preliminary evaluation into the 2016 through 2019 model year Chevrolet Volt after 61 complaints tied to the Battery Energy Control Module (BECM). Some complaints reported there was little to no warning before the loss of operating power or reduced power mode occurred. Another owner reported the Volt would not drive more than over 35 miles per hour on the highway "and it stops driving on electricity randomly."

Persons: Stewart, Stephen Lam, David Shepardson, Susan Fenton, Sharon Singleton Organizations: Chevrolet, Stewart Chevrolet, REUTERS, Rights, Traffic Safety Administration, Battery Energy Control, General Motors, NHTSA, GM, Thomson Locations: Colma , California, U.S, Los Angeles

MOUNTAIN VIEW, California (AP) — From underwater drones to electronic warfare, the U.S. is expanding its high-tech military cooperation with Australia and the United Kingdom as part of a broader effort to counter China’s rapidly growing influence in the Indo-Pacific. Defense Secretary Lloyd Austin met with defense chiefs from Australia and the United Kingdom at the U.S. military’s defense technology hub in Silicon Valley on Friday to forge a new agreement to increase technology cooperation and information sharing. The three nations have laid out plans for the so-called AUKUS partnership to help equip Australia with a fleet of eight nuclear-powered submarines. AUKUS is an acronym for Australia, the United Kingdom and the United States. He added that as an island nation, Australia has a need for improved maritime drones and precision strike capabilities.

Persons: Lloyd Austin, ” Austin, Richard Marles, Grant Shapps, Austin, Marles, Shapps, we’ve, aren’t, Adam Bry, Alex Horn, Horn Organizations: Pacific . Defense, Australian Defense, Defense Innovation Unit, Britain, U.S, Australian Navy, Solomon Islands, warfighters, Air Force, Morris Air National Guard Base Locations: California, U.S, Australia, United Kingdom, Silicon Valley, United States, Virginia, Adelaide, China, Pacific, South China, Beijing, Solomon, Taiwan, DIU, Arizona

☆ Pickup or Lunar Lander? Tesla’s Cybertruck Enters a Crowded Market.
▼ + stars: | 2023-11-30 | by ( Jack Ewing | More About Jack Ewing | ) www.nytimes.com time to read: +1 min

Tesla plans to begin delivering its much delayed, highly anticipated Cybertruck pickup to customers on Thursday, entering one of the most lucrative but competitive segments of the auto industry. With its stainless steel body and sharp angles, the Cybertruck is unlike pickups from Ford Motor, General Motors and Ram that dominate the market. It is Tesla’s first completely new passenger vehicle in more than three years but arrives long after other automakers began selling battery-powered pickups. Will it steal customers from traditional automakers, appeal to a different crowd or become a costly flop? “It looks like something lowered from the lunar module to collect rocks on the moon.”

Persons: Tesla, Ram, ”, Ben Rose Organizations: Ford Motor, General Motors, Battle, Research

☆ Nvidia and more: These global stocks will soar on a $324 billion autonomous vehicle boom, analysts say
▼ + stars: | 2023-11-30 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

Autonomous vehicles — or vehicles embedded with chips and sensors to enable self-driving — have been picking up steam, and several stocks make good plays on the theme, according to Fubon Research. Providers of sensors and cameras are among the autonomous vehicle related companies on Fubon Research's watch. 3008-TW YTD mountain Year-to-date share price of Largan Precision On Largan, Fubon Research's analysts pointed out that the company stands to gain from the addition of cameras in autonomous vehicles. "Cameras have become an important part of ADAS and autonomous driving. NVDA YTD mountain Year-to-date share price of Nvidia Meanwhile, Nvidia made Fubon Research's watch list thanks to its development of autonomous vehicle technologies under its NVIDIA DRIVE platform.

Persons: Fubon, Tong, — CNBC's Michael Bloom Organizations: Research, Jefferies, Autonomous, Nvidia, NVIDIA, Primax Electronics, Qualcomm Inc Locations: Taiwan, ADAS

☆ GM outlines $9.3 billion in increased costs from new labor deals
▼ + stars: | 2023-11-29 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

The $9.3 billion in additional costs through 2028 is for deals with the UAW as well as Canadian union Unifor, and translates to about $575 per vehicle over the life of the deals. GM's new guidance reduced expected net income attributable to stockholders for 2023 to a range of $9.1 billion to $9.7 billion, compared to the previous outlook of $9.3 billion to $10.7 billion. That includes an estimated $1.1 billion EBIT-adjusted impact from the UAW strike, which lasted just over six weeks, primarily from lost production. GM had approximately 1.37 billion shares of common stock outstanding prior to the buyback program, the company said. GM will still have another $1.4 billion of capacity remaining under its share repurchase authorization for additional stock buybacks.

Persons: Heather Somerville, Mary Barra, Barra, Cruise, Goldman Sachs, David Shepardson, Ben Klayman, Sharon Singleton, Mark Potter Organizations: General Motors, REUTERS, Detroit, United Auto Workers, UAW, GM, Cruise, Bank of America, Barclays, Citibank, Thomson Locations: San Francisco , California, U.S, California, Detroit

Enel, hitherto the world's biggest listed renewables developer, plans 35.8 billion euros ($39 billion) of gross capital expenditure in its plan to 2026, of which nearly 19 billion euros will help to modernise and make its networks more resilient. Shares in the state-controlled power group were down 0.4% at 1530 GMT paring a 1% initial loss on the Milan bourse and underperforming a nearly flat blue-chip index. Rising indebtedness was one of the reasons why the Italian government, which is the single biggest shareholder in Enel, decided to oust the group's previous CEO, Francesco Starace. New CEO Flavio Cattaneo pledged to spend only the cash generated by the business, without increasing the debt pile. The group will devote some 3 billion euros to actively manage its customer portfolio through bundled offers, which will include different commodities and services.

Persons: Antonio Parrinello, Enel, Francesco Starace, Flavio Cattaneo, Cattaneo, Stefano De Angelis, Starace, Francesca Landini, Giancarlo Navach, Keith Weir, Giulia Segreti, Elaine Hardcastle, Jonathan Oatis Organizations: REUTERS, Milan bourse, Thomson Locations: Catania, Italy, MILAN, Milan, Enel

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