PROMOTING COMMERCIAL SPACE INNOVATION: Today, President Donald J. Trump signed an Executive Order to streamline regulations and foster a competitive commercial space industry, ensuring the United States maintains its leading role in the commercial use of space. The Order directs the Secretary of Transportation, in consultation with the Chair of the Council on Environmental Quality, to eliminate or expedite environmental …
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Trump Has Made Himself Commander in Chief of the Chip Industry – The New York Times
Trump Has Made Himself Commander in Chief of the Chip Industry The New York Times Opinion | Trump Wants to Take Over the Fortune 500. What Can Go Wrong? The New York Times Trump’s risky role as the would-be CEO of America The Washington Post Trump’s pay-to-play economy Financial Times Trump ushers in an era of ‘shakedown’ capitalism CNN Source link
Read More »NASA Explores Industry Possibilities to Raise Swift Mission’s Orbit
To drive the development of key space-based capabilities for the United States, NASA is exploring an opportunity to demonstrate technology to raise a spacecraft’s orbit to a higher altitude. Two American companies – Cambrian Works of Reston, Virginia, and Katalyst Space Technologies of Flagstaff, Arizona – will develop concept design studies for a possible orbit boost for the agency’s Neil …
Read More »Mercedes CEO Fears Europe’s Car Industry Will ‘Collapse’
Just a few years ago, Mercedes was confident about going all-in on electric vehicles in Europe. In 2021, it projected that by the end of the decade, it would stop selling cars with combustion engines “where market conditions allow.” Not only has the luxury brand dropped this ambitious goal, but it has also taken a 180-degree turn. Without ICE vehicles, …
Read More »OpenAI launches GPT-5 as the AI industry seeks a return on investment – Reuters
OpenAI launches GPT-5 as the AI industry seeks a return on investment Reuters GPT-5 is here OpenAI OpenAI GPT‑5 is here: Company unveils ‘PhD-level experts in your pocket’ Fox Business OpenAI launches new GPT-5 model for all ChatGPT users CNBC OpenAI Unveils GPT-5, New AI Model, to ChatGPT Users The New York Times Source link
Read More »Trump’s 39% Tariffs Have Rattled the Swiss Watch Industry
This story is from an installment of In the Loupe, our weekly insider newsletter about the best of the watch world. Sign up here. Back in early April, when President Trump first announced his reciprocal tariffs—including a 31 percent levy on Swiss goods—the Swiss watch industry, which had gathered in Geneva for Watches and Wonders, went into a collective state of panic. …
Read More »Citizen Lab director warns cyber industry about US authoritarian descent
Ron Deibert, the director of Citizen Lab, one of the most prominent organizations investigating government spyware abuses, is sounding the alarm to the cybersecurity community and asking them to step up and join the fight against authoritarianism. On Wednesday, Deibert will deliver a keynote at the Black Hat cybersecurity conference in Las Vegas, one of the largest gatherings of information …
Read More »Tesla Autopilot verdict sends a chill across the industry – Axios
Tesla Autopilot verdict sends a chill across the industry Axios The auto industry isn’t ready for what comes after this Tesla Autopilot crash decision Fortune Autopilot verdict deals Tesla a ‘black eye’, threatens Musk’s robotaxi ambitions Reuters Tesla withheld data, lied, and misdirected police and plaintiffs to avoid blame in Autopilot crash Electrek Tesla must pay portion of $329 million in damages after fatal …
Read More »Claire’s files for US bankruptcy for second time in seven years | Retail industry
The tween jewellery and ear-piercing retailer Claire’s has declared bankruptcy in the US for the second time in seven years amid a slowdown in consumer spending and the switch to online shopping. The US accessories retailer, which has more than 2,700 stores in 17 countries including the UK and France, said in papers filed with a court in Delaware that …
Read More »Sales of Novo Nordisk’s diabetes drugs including Ozempic slow sharply | Pharmaceuticals industry
Sales of Novo Nordisk’s injectable diabetes drugs including Ozempic have slowed sharply amid fierce competition and the threat of US tariffs, prompting it to cut costs and sharpen its commercial focus. The Danish drugmaker, whose booming sales of GLP-1 diabetes and obesity drugs in recent years had turned it into Europe’s most valuable company, has lost nearly $100bn (£75bn) in …
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