7.2 C
New York
Monday, November 24, 2025
Home Blog Page 277

Tesla Model S Plaid Security Questionable

By
Naomi Glover
-
0

A Tesla Model S Plaid car (the latest electric car from the Elon Musk company) was in an accident in the suburban area of ​​Philadelphia.

As a result, the car caught fire. This happened back on June 29, but the first news of this appeared in the media only in the evening of June 30.

This incident did not have much effect on Tesla shares: before the close of the trading session, they were down 0.16% to $ 679.70.

In the past, news of an emergency involving the company’s electric vehicles negatively affected its quotes. So, on April 19 this year, they sank 3.4% due to an accident with a Tesla S model car, which led to two deaths.

According to media reports, the reasons why the car caught fire have not yet been established. Witnesses say they saw a car engulfed in flames rolling along the road on its own.

Ultimately, an explosion occurred in it. There were no reports that people were in the cabin at that moment.

At the same time, there is information that the owner of the car has not yet been found.

The new Tesla model was positioned as “the best in everything”

Elon Musk previously stated that the day the Tesla Model S Plaid went on sale had to be postponed precisely in order to finally make sure of the safety of its battery.

The head of the company noted that when creating this model, significantly more problems arose than was initially anticipated.

As a result, it took the development team a long time to make sure the batteries in the new machines were reliable.

When creating batteries for the new model, the company used an innovative technological solution called “4680 cells”.

Larger cells of this type make it possible to store more energy, which can reduce the cost of the battery.

The new Tesla car is capable of accelerating to almost a hundred kilometers per hour in less than 2 seconds.

Also Read:

Its range on a fully charged battery exceeds 620 kilometers.

Musk noted that such characteristics prove the ability of electric cars using “green” energy to surpass all other car models in everything.

In addition, the businessman said that the Tesla Model S Plaid charges faster, has a more spacious rear seat, and also has a built-in PlayStation.

President Biden wants to reform immigration to the United States

By
Edmund Hurtt
-
0
USA on the climate offensive: Biden presents a major initiative

US President Joe Biden insists on reforming immigration law in the United States. “In the competition for the 21st century, we need an immigration system that reflects both our values ​​and complies with our laws,” said Biden on Friday at a naturalisation ceremony. “We have to put our immigration system in order.”

A few months ago, Biden presented a bill for a new immigration law. The goal is intelligent border security – but also a way to citizenship for millions of people who lived in the USA without papers, Biden now emphasised. This applies, for example, to the so-called dreamers who illegally entered the USA with their parents as children. Often they only know the USA as their home, Biden said.

Especially during the corona pandemic, it was often migrants who fought on the front line against the pandemic. Under the leadership of his deputy, Kamala Harris, it is now also important to combat the causes of the flight of many people from countries such as Guatemala and Honduras. Biden recently entrusted Harris with curbing illegal migration by tackling the root causes of displacement in Central America.
The US government is under pressure because of the large number of migrants arriving on the southern border. Biden pursues a much more liberal migration policy than his Republican predecessor Donald Trump . The Republicans accuse Biden of causing a crisis on the border

Dogecoin: Elon Musk advocates lowering transaction fees

By
Ismael Brooks
-
0

Dogecoin gets a boost from a tweet from Elon Musk expressing support for a proposed DOGE update. The community plans to lower transaction fees.

The controversial SpaceX founder and Tesla boss Elon Musk has again posted a tweet that has had a significant impact on the price of a cryptocurrency. Once again it is about the Memecoin Dogecoin. Musk posted a tweet late Sunday about a number of important updates to the DOGE blockchain. The changes that Musk alludes to would mean a significant intervention in the software architecture of the cryptocurrency. A post previously shared on the social media platform Reddit suggests reducing the average fees for standard transactions on the Dogecoin blockchain by 100 times. In addition, the Dogecoin stakeholders should have full control over all aspects of the fees between miners and node operators. 

Of course, lower fees would be primarily an incentive for those who use Dogecoin for cash verifications, wire transfers, and online payment processing. In return, however, the incentive for miners to update and secure the Doge blockchain would most likely decrease.

Musk posts a typical tweet about Dogecoin

As laconic as ever, Elon Musk commented on this proposal with an “Important to support” – so he advocates these changes. The DOGE price promptly got a price surge through the said tweet. It rose from $ 0.242 to as high as $ 0.266. But not only Musk, many other Reddit users also responded enthusiastically to the proposal.

The rapid price increase of DOGE is not least with previous tweets from Musk associated . At the same time, network fees also went up. Many on-chain transactions became completely unprofitable. To counteract this, the developers have now considered changes to their fee policy. If the announced proposals can be implemented, this would pave the way for DOGE as a transaction cryptocurrency. 

However, the competitive pressure in this regard is not exactly low. The proposed changes are not only aimed at the outcome, but also at the decision-making power. This should again go more to the side of the miners, to the detriment of the relay network. This also includes better configurability of all fee-relevant parameters and overall more sovereignty for the individual node operators. However, the average fees on the Dogecoin network are already relatively low compared to other tokens. The current average fee is around $ 0.49. For comparison: Bitcoin is $ 7.12 and Ethereum is $ 4.17

Slack wants to expand everyday digital work with new functions

By
Ismael Brooks
-
0

The office communications provider Slack wants to use new functions to emulate everyday work in a digital work environment.

On Wednesday, the US company presented, among other things, the option of addressing colleagues informally. The idea is like dropping by their desk in the office. In another function, employees can share videos of up to three minutes with ideas or suggestions with colleagues.


The innovations were also due to the fact that the company itself increasingly used its own digital work tools during the corona pandemic, said Slack manager Katherine Kelly. With the changing world of work, it is more about finding a balance between productivity and flexibility.

Slack is currently being taken over by SAP rival Salesforce for 28 billion dollars (currently around 23.6 billion euros) . Salesforce is also banking heavily on a future with hybrid working from the office and from home.
Slack stock was trading on the NYSE on Thursday, 0.29 percent higher at $ 44.43.

The future of autonomous driving: Tesla builds high-performance computers

By
Dave Triplett
-
0
Tesla's autopilot is believed to be involved in another accident - US authorities investigate

It is the generation task of the automotive industry: autonomous driving. Tesla now wants to make the dreams of the future a reality with the help of a new supercomputer. The new system should be able to join the top ten most powerful computers in the world.

• Tesla presents new supercomputer and announces successor model
• New system will be one of the most powerful in the world
• It is to be used for autonomous driving according to the vision-only approach

Tesla’s new high-performance computer with NVIDIA technology is intended to represent a further step in the direction of autonomous driving.

Tesla’s AI boss presented computers at a virtual conference

The head of artificial intelligence (AI) at Tesla, Andrej Karpathy, recently presented the new supercomputer at a virtual presentation of the Conference for Computer Aided Image Recognition (CCVPR) 2021. The computer is supposed to be the solution to the generational task of autonomous driving for the automotive industry.
According to Tesla’s AI boss, the supercomputer with NVIDIA GPUs ranks around fifth in the top 500 ranking of supercomputers in terms of computing power. According to the online portal t3n, the graphics processor and chipset manufacturer NVIDIA currently has only 4480 instead of 5760 graphics processors. It recently replaced the Microsoft counterpart. The Elon Musk group is already working on a successor model under the project name “Dojo” , Karpathy explained in the video conference.

Powerful system to improve autopilot

As Karpathy describes, the new supercomputer is supposed to process incoming information from the Tesla vehicles and thereby continuously improve the AI ​​of the autopilot. It is intended to serve the neural network of the autopilot and the system’s AI, which is still under development. The company is thus continuing its path of equipping data centers and vehicles with ever more powerful computers.
According to Tesla’s AI director, the 5,760 processors in the supercomputer work with a data transfer rate of 40 terabytes per second. The vehicles require such a high computing power to run the driver assistance software. Because the vast amounts of data go from the cars to the computing centers, which not only control the neural network, but also the AI’s learning function.

Autonomous driving based on the vision-only approach

“Computer vision improves the autopilot. So that we can implement that, we have to train a huge, neural network and experiment a lot,” Karpathy explained to the viewers in the virtual room. The vision-only approach used by Tesla means that lidar and radar sensors in vehicles are being replaced by high-end optical cameras. This immense data set of videos requires a correspondingly powerful computer. Finally, the system collects videos from eight cameras at 36 frames per second per vehicle.
Elon Musk had already stated several times in the past that he only wanted to rely on cameras in the future. Cameras work faster than lidar and radar and the Model 3 and Y in the USA are now only built without radar. In addition, the technology could theoretically work anywhere in the world, as no high-resolution maps are required, adds t3n.

Also Read:

Autonomous driving should be safe

In the video conference, Karpathy also emphasised the safety aspects of autonomous driving. Once fully developed, it could even be safer than driving manually. With a new function such as “Pedal Misapplication Migration”, for example, the system can interpret the mix-up of accelerator and brake pedals and intervene accordingly. The human delay caused by reaction time is then eliminated. At the moment, according to Karpathy, the systems still have some problems, especially in densely populated areas such as San Francisco. However, they seem to be working very well in rural areas.
According to the Chip.de e-portal, Elon Musk had previously indicated that the Dojo system could become the most powerful computer in the world. Musk has even announced that it will also give other companies access to Tesla’s data centers so that they can use them to train their own vehicle AI.

Big discount in valuation: are quality stocks on the verge of recovery?

By
Ismael Brooks
-
0

Quality stocks have not been as cheap as they are now for around 20 years. The corona pandemic has increased sales again. Quality stocks could now be on the verge of a comeback.

• Quality stocks cheaper than they have been since the dot-com bubble
• COVID-19 vaccine has intensified sell-offs
• Comeback in sight

Quality stocks have been underperforming for a long time. They are currently trading at their largest discount to the broader market since the dot-com bubble in the early 2000s, according to Yahoo Finance’s assessment of Antonio DeSpirito, BlackRock’s CIO for US fundamentals. The expert defines quality stocks as shares in a company that generates profits and has pricing power, effectively manages its balance sheets and cash flows, and can distribute attractive dividends.

Since the COVID-19 vaccine announcement last November, quality stocks have underperformed, DeSpirito’s research has shown. As a result, valuations have fallen, as investors have shifted their money more into risky stocks.

Also Read:

Quality stocks make a comeback

But DeSpirito is confident and believes that quality stocks will soon make a comeback. “Economically sensitive cyclical stocks have had a very strong run since the start of the year. We don’t believe their full potential has been reached, but we see an opportunity to turn attention to quality stocks as the next beneficiaries of the cycle,” said the BlackRock CIO. In the near future, stocks should therefore perform a little stronger as the economy recovers: “We see the potential for quality to be valued higher. As the cycle progresses, the market will look to more normal growth rates, and investors will face concerns about taxes, inflation and when to change Fed policy are likely to become more cautious “, quotes Yahoo Finance. According to BlackRock, quality stocks could even lead the next leg of the global bull market, according to The Economic. “In addition to the short-term tactical opportunity, we also see a long-term structural reason for maintaining a quality focus,” says DeSpirito optimistically.

Pepsi wants to significantly reduce the sugar content in beverages and become more environmentally friendly

By
Naomi Glover
-
0

The beverage and snack group Pepsi wants to significantly reduce the amount of sugar in beverages.

In its beverages offered in the EU, the group is aiming for a quarter less sugar by 2025, and by 2030 it should be 50 percent. The calories in the German beverage portfolio are said to be reduced by 90 percent – compared to 2015, half of the calories have already been banned. Pepsi wants to do good, which is also good for business, said Garret Quigley, head of PepsiCo Western Europe, the German press agency.

“We know people want to live healthy lives,” said Quigley. Sales of products with a Nutri-Score B or better are expected to increase by a factor of ten over the next five years. In addition, they want to use more recycled plastic and the bottom line is that they will not emit any more emissions by 2040.

The Nutri-Score is a system for marking the nutritional profile of a food on the packaging – with a five-point scale made up of a combination of letters from A to E and colors. “A” in green stands for the cheapest and “E” in red for the most unfavourable nutritional balance.
The company reacts to an urgent need for action: In this country, 47 percent of women, 62 percent of men and 15 percent of children are considered overweight. Too much sugar has been linked to a higher risk of cardiovascular disease and diabetes. Pepsi’s competitor Nestlé is also working to have less sugar in its products.

Doctors have long been warning of the dangers of too much sugar in food. The German Nutrition Society recommends on average – depending on size and weight – a maximum of 50 grams of sugar per day. That would be achieved after a good half a litre of non-reduced-sugar lemonade.
A sugar tax introduced in Great Britain in 2018 had an effect: At the beginning of last year, the Foodwatch organization found that certain lemonades in Germany sometimes contain more than twice as much sugar as the variants offered on the island.

Dogecoin (DOGE) switches back to bull mode | Exclusive Report Price Forecast 2021

By
CT Forecast (Staff Writer)
-
0

After a few days of drought, Dogecoin (DOGE) turned bullish again. But an investment in the coin remains a game with fire.

“We haven’t finished yet!” This is about the battle cry of the Dogecoin Army these days. Because after DOGE fell over 40 percent downhill at the beginning of the week , things are now looking up again. Today, Friday, June 25th, the Memecoin is again in the black and is quoted at 0.26 US dollars by the editorial deadline. This means that the coin with the dubious Shiba Inu dog in the logo makes up a whopping 12 percent within the last 24 hours. In the top 10 largest cryptocurrencies by market capitalization, Dogecoin is the absolute top performer.

At this point one can only speculate about the reasons. At least it cannot be due to the fundamental values ​​of the dog coin. After all, DOGE is neither used as a store of value nor as a means of payment. In addition, around 28 percent of the entire supply is at a single address. However, it is not known who this giant whale is.

Also Read:

Even the supply of Bitcoin is not limited to a certain number, but is expanded indefinitely. DOGE also results from a Bitcoin fork. However, the makers found the fundamental value proposition of the limited offer unconvincing and turned Dogecoin into an inflation coin .

.

DOGE: Some get rich

But the DOGE Army is celebrating like no other. A look at Reddit also shows that DOGE is seen above all as a vehicle for making money. While topics such as scaling issues or the macroeconomic situation are discussed in other subs, r / dogecoin is primarily about making money. (Also Read: Bitcoin (BTC) sniffs morning air: correction soon made with price forecast)

This is of course nice for the individual. The only problem is that DOGE is hardly suitable as a long-term investment. The codebase of the coin is hardly maintained – even “Dogefather” Elon Musk cannot find any developers. In addition, the price is extremely volatile even by crypto standards.

So if you don’t jump out early enough and realize your profits, you run the risk of wrecking. The top 5 coin is also miles away from its all-time high of $ 0.75.

So far, Elon Musk has not been able to change that either. The entrepreneur once again underpinned his dubious reputation as a Dogecoin maximalist, how could it be otherwise, on Twitter. In a tweet from Jack Dorsey, Musk suggested that the “B-word” might not be Bitcoin, but rather Dorsey’s interest in bisexuality. An at least tasteless pun.

After all: In the end, the two billionaires were able to come to an agreement and agreed to talk. Hopefully on the right topic.

DOGE back on track to hit $1 in 2021?

The meme-inspired dogecoin (DOGE) cryptocurrency remains the talk of the crypto markets, having plunged to $0.22 on 19 May, after soaring by more than 15,000% from the start of the year to an all-time high of $0.74 on 8 May. The coin recovered some of its losses, reaching $0.43 by 3 June, only to continue falling. At the time of writing, 17 June, DOGE traded at $0.31.

The coin’s volatility is often driven by social media, especially tweets by Tesla (TSLA) CEO Elon Musk.

There have been calls for DOGE to reach $1 by the end of the year. Is that price target still viable? This dogecoin price analysis looks at the cryptocurrency’s recent performance and the latest price predictions.

Dogecoin price prediction: where next for the memecoin?

Perhaps unusually for such a controversial cryptocurrency, technical sentiment on dogecoin was neutral as of 17 June. There were 16 technical analysis indicators giving bullish signals, while 15 indicators were bearish. There is short-term support around $0.30 with the first level of resistance at $0.317.

Algorithm-based forecasting service Wallet Investor predicts dogecoin will trade up from $0.30 at the start of July to $0.38 by the end of 2021. It suggests the price will rise to $0.57 by the end of 2022 and reach $0.76 by the end of 2023. The coin is predicted to hit $1 in April 2025.

Digitalcoin has also revised its predictions for dogecoin’s future value, expecting the price to average $0.46 in 2021, compared with an earlier forecast of $0.73. Its longer-term forecast puts the price at an average of $0.56 in 2022, $0.91 in 2025 and $1.43 in 2028.

The dogecoin price prediction from cryptocurrency aggregator CoinSwitch is bearish, forecasting that in a year from now the price will fall to $0.01 and in five years will trade at $0.04, losing 87% of its current price level.

Eddie Ghabour, managing partner at Key Advisors Group, told Yahoo Finance Live that he views dogecoin as a speculative play that “will probably cease to exist” when the bubble bursts.

Bitcoin (BTC) sniffs morning air: correction soon made with price forecast

By
CT Forecast (Staff Writer)
-
0

At some point this Bitcoin correction will also be over. Some indicators are already turning bullish again. The market update.

After all: Bitcoin is giving signs of life. After the cryptocurrency started a kind of mini rally on Tuesday, June 29th, BTC is still slightly in the green today. Bitcoin is correcting slightly from its preliminary high of 36,600 US dollars (USD) today, but is still around one percent up on the day-to-day perspective.

At this point it is difficult to say whether this is the long-awaited trend reversal. The “dip”, which has been going on for three months, can hardly be compared with corrections from past bull markets. It is accordingly difficult to make sense of the market sentiment. If there is no small miracle on June 30th today, BTC will close in the red for the third month in a row. That would be a novelty for a bull market.

Bitcoin hash rate in descent – so what?

The reason for the persistent dry spell despite bullish news ( El Salvador is only the tip of the iceberg ) could – once again – be China. The fact that the Middle Kingdom has almost completely put an end to Bitcoin mining is generally known in crypto circles. It is clear that a loss of 50 percent of the hash rate does not leave the network without a trace.

The network is still secure enough. But news of this caliber would have the potential to send BTC into a multi-year bear market. For a stress test of this magnitude, the correction turned out to be surprisingly light.

And there are signs of improvement: some on-chain indicators are already sending buy signals. First of all, there is the Puell Multiple, an indicator that in the past was able to predict cheap entry prices with astonishing accuracy. The Puell Multiple is calculated by dividing the dollar value of the Bitcoin issued daily by the 356 day moving average of the daily dollar value. Instead of from the point of view of traders or exchanges, the Puell Multiple evaluates the market situation based on mining.

Values ​​between 0.3 and 0.5 have repeatedly indicated imminent upward trends in the past. If the Puell Multiple rises above 1, BTC is overvalued and miners tend to sell the coins. That’s the theory.

Currently, you can already guess, the Puell Multiple is quite low at 0.45.

It is of course questionable whether this leads to an immediate implication for an immediate bull phase. The Puell Multiple can oscillate in the green for a while until the courses follow. Sooner rather than later, however, this correction should also be over.

Bitcoin Price Prediction – Failure to Revisit $35,500 Levels Would Bring Support Levels into Play

It’s been a bearish morning for Bitcoin and the broader market. A Bitcoin move back through to $36,000 levels would bring $40,000 levels back into view.

After a mixed day for the crypto majors on Tuesday, it’s been a bearish morning for Bitcoin and the broader crypto market.

At the time of writing, Bitcoin, BTC to USD, was down by 2.51% to $35,019.0. A mixed start to the day saw Bitcoin rise to an early morning high $36,099.0 before hitting reverse.

The Rest of the Pack

It’s been a bearish morning for the broader crypto market.

Through the morning, Ripple’s XRP was down by 4.62% to lead the way down.

Bitcoin Cash SV (-3.57%), Chainlink (-3.82%), and Crypto.com Coin (-3.48%) also saw heavy losses.

Binance Coin (-2.92%), Cardano’s ADA (-2.83%), Ethereum (-1.37%), and Litecoin (-2.50%), and Polkadot (-1.44%) saw relatively modest losses, however.

Through the early hours, the crypto total market rose to an early morning high $1,447bn before falling to a low $1,387bn. At the time of writing, the total market cap stood at $1,398bn.

Bitcoin’s dominance rose to an early high 46.95% before falling to a low 46.50%. At the time of writing, Bitcoin’s dominance stood at 46.54%.

Renault wants to build affordable electric compact cars : Effecting Shares

By
Dave Triplett
-
0

The French carmaker Renault is building on traditional small car models of the past with its electric car offensive.

The decommissioned in the 90s to R5 as one of ten planned 2025 models as electric car rise again, the Volkswagen rival announced on Wednesday. The compact car will cost a third less than the Renault Zoe, so far the top-selling electric vehicle in Europe, which is currently losing market share to the newer VW ID.3. At the same time, Renault set itself higher goals when switching from combustion to electric cars. By 2030, nine out of ten cars sold or a total of one million new cars are to be purely battery-electric – previously, the 90 percent target included hybrid models that combine combustion and electric motors and are not emission-free.

“Today there is a historic acceleration of the Renault Group’s electric car strategy,” said Luca de Meo, who was last head of the Spanish brand Seat in the Volkswagen Group before moving to France. In the next five years, ten billion euros are to flow into the electrification of the offer. The interim goal for 2025 is a sales share of two thirds for e-cars and hybrid cars. The “4ever” model will also be reminiscent of the R4 panel van, also a classic of the last century, as insiders said. So that the emission-free compact cars are not more expensive than combustion engines, Renault, like Volkswagen and other car manufacturers, relies on uniform technical platforms on which several variants are based. This means that large quantities can be produced. At the same time, costs are reduced.

Also Read:

Renault, shaken in recent years by the scandal surrounding former CEO Carlos Ghosn, was overtaken by VW as the market leader in the still small market for e-cars last year. While the market share of the VW brand in Europe rose to 25 from 14 percent last year, that of Renault and its partners Nissan and Mitsubishi fell to 19 from 23 percent.The Renault share is currently losing 2.37 percent in Paris to 34.255 euros.

1...276277278...400Page 277 of 400

Business

News

Technology

Entertainment

Blockchain

Contact us

Email: [email protected] || [email protected]

©Copyright 2020-2023 | CityTelegraph | All Rights Reserved