Category: News and Views

Elon Musk: Tesla Robotaxi Is Arriving in August | Entrepreneur

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Amid news of Tesla’s first year-over-year sales decline since 2020, the electric car company is setting the scene for a unique product launch.

Tesla CEO Elon Musk posted on X that the company will unveil its first robotaxi on August 8. However, the unveiling date does not mean that’s when deliveries will begin — the first deliveries of another Tesla product, the Cybertruck, arrived years after its unveiling.

Tesla’s first autonomous taxi will join a market that already features offerings from competitors such as Waymo, an independent company that started as Google’s self-driving car project, and Cruise, General Motors’ company.

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New York closes bridges for its marathon. Runners should pay for the unpaid tolls, the MTA demands | CNN Business

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The Metropolitan Transit Authority says it wants the organizers of New York City’s marathon to pay $750,000 a year, citing the steep loss of bridge toll revenues for closing the Verrazano-Narrows Bridge, the Staten Island-Brooklyn connection that has served as the starting point for the race for decades.

“New Yorkers love Marathon Sunday, but taxpayers cannot be expected to subsidize a wealthy non-government organization like the New York Road Runners to the tune of $750,000,” MTA Bridges and Tunnels President Catherine Sheridan said in a statement. “The MTA is prepared to continue working towards a final agreement with the NYRR, provided it leads, over time, to full reimbursement for the lost revenue.”

With about 50,000 runners expected to participate in the marathon on the first Sunday in November, the $750,000 the MTA demands works out to $15 per runner. The Verrazano E-ZPass toll is $7.

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April 8 solar eclipse: What time does totality start in every state? | Live Science

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The solar eclipse on April 8 will bring eerie darkness to a long swath of the United States, Canada and Mexico during totality — the few moments when the moon covers the sun’s face completely, thereby blocking its light.

Totality is a completely different experience from 99% eclipse coverage. First and foremost, totality is the only safe time to look directly at the sun without solar eclipse glasses or other certified eye protection. But viewers within the path of totality will also have the chance to view a host of unique eclipse phenomena.

Only during totality do the skies turn twilight-dark, and only during totality is the sun’s outer atmosphere, or corona, visible as wispy projections of light emanating from behind the moon. Being inside the path of totality is also the only way to see eclipse features such as Baily’s beads, which are the last rays of light sneaking past the mountains on the moon.

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Egg prices remain high during Easter holiday due to avian bird flu and inflation | Fast Company

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Egg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting a market scrambled by disease, high demand, and growing costs for farmers.

It’s the second year in a row consumers have faced sticker shock ahead of Easter and Passover, both occasions in which eggs play prominent roles.

While global prices are lower than they were at this time last year, they remain elevated, said Nan-Dirk Mulder, a senior global specialist with Dutch financial firm RaboBank’s RaboResearch Food and Agribusiness division. Mulder doesn’t expect them to return to 2021 levels.

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MIT researchers propose a new way to measure climate change: outdoor days | Fast Company

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Minnesota officially just had its warmest winter on record. Some residents probably enjoyed the break from shoveling snow, but many Midwesterners found it ominous to comfortably jog outdoors in late January. It could turn out to be a fluke—just a particularly strong El Niño—or it could be a harbinger of things to come, particularly after the hottest global summer on record. Either way, a professor at MIT wants more people to start thinking about climate change in terms of how it will radically alter seasonality as we know it.

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Plumbing Shortage Crisis Means Great Opportunity | Small Biz Trends

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Young people are shunning plumbing as a career option. The number of plumbers retiring is outweighing the number of new plumbers. Research commissioned by bathroom fittings manufacturers, Lixil Americas, shows that the shortage of plumbers in the United States cost the economy around $33 billion in 2022. The report estimates that by 2027, the nation will be short of around 550,000 plumbers.

Enrollment at trade schools has fallen. The apprenticeship rate for young people wanting to be trained in skilled trade work like plumbing dropped by 49% in 2022 compared to 2020, according to data from the recruitment platform Handshake.

Plumbing shortages across the United States is having negative consequences on households and the economy, including driving up costs for plumbing services. Not being able to call on a professional plumber can also have negative implications on businesses, such as their ability to expand into new buildings. The shortfall of plumbers can also delay flood recovery efforts and building upgrades so that water systems are more efficient.

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Fed holds interest rates steady but signals cuts ahead | BBC

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The US central bank has left its key interest rate unchanged again, while it looks for more evidence that inflation is coming under control.

The decision kept the target range for the Federal Reserve’s influential rate in the range of 5.25%-5.5%, the highest in more than two decades.

The Fed is debating whether higher borrowing costs have done enough to ease the pressures pushing up prices.

Officials said they still expected to cut rates by the end of the year.

But after raising borrowing costs aggressively in response to soaring prices in 2022, the bank is proceeding cautiously.

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Freeze remains on strict new immigration law in Texas | BBC

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An appeals court has kept a freeze in place on a Texas immigration law, one of the toughest of its kind, in a case being closely watched across the US.

The legislation would allow officials in Texas to detain and prosecute anyone they think has entered the country illegally, superseding federal powers.

The law briefly came into force on Tuesday for a few hours during a legal back and forth between courts.

A US appeals court heard arguments in the case on Wednesday morning.

The three-judge panel appeared split on whether the law can remain in place while its constitutionality is being challenged in court.

They issued no ruling on the case on Wednesday, and it is unclear when they will do so.

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Nvidia and Qualcomm join Open Source Robotics Alliance to support ROS development | TechCrunch

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The Open Source Robotics Foundation (OSRF) this week announced the launch of the similarly named Open Source Robotics Alliance (OSRA). The new initiative is designed to maintain development for and maintenance of open source robotics projects, with a particular focus on the OSRF’s own robot operating system (ROS).

First released in 2007 by erstwhile Bay Area incubator Willow Garage, ROS has played a foundational role in robotics development for decades. In a show of support, Nvidia and Qualcomm have both signed on as “Platinum” members for the new alliance, along with Alphabet’s X spinout Intrinsic.

“Nvidia develops with ROS 2 to bring accelerated computing and AI to developers, researchers, and commercial applications,” Nvidia VP Gordon Grigor notes in a release tied to the news. “As an inaugural platinum member of OSRA, we will collaborate to advance open-source robotics throughout the ecosystem by aiding development efforts and providing governance and continuity.”

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After raising $1.3B, Inflection is eaten alive by its biggest investor, Microsoft | TechCrunch

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In June 2023, Inflection announced it had raised $1.3 billion to build what it called “more personal AI.” The lead investor was Microsoft.

Today, less than a year later, Microsoft announced that it was essentially eating Inflection alive (though I think they phrased it differently).

Co-founders Mustafa Suleyman and Karén Simonyan will go to Microsoft, where the former will head up the newly formed Microsoft AI division, along with “several members” of their team as Microsoft put it — or “most of the staff,” as Bloomberg reports it. Reid Hoffman will stay behind with new CEO Sean White to try to salvage what’s left of the company, which, I feel I have to repeat, raised $1.3 billion dollars 9 months ago and $225 million in mid-2022.

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