A spike in jet fuel prices stemming from the Iran war is passing through to consumers, resulting in more expensive airfares for summer travel, analysts said. The CEO of United Airlines, the world’s largest by capacity, warned Tuesday that ticket prices may increase by 20%. Global airlines are making contingency ...
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Meta ramps up AI adoption pushMeta ramps up AI adoption push
Meta appointed its chief technology officer to oversee efforts to drive AI adoption across its workforce, The Wall Street Journal reported, as the company looks to remove organizational layers and speed up work. CEO Mark Zuckerberg is also building a personalized AI agent to help him do his job. Use ...
NASA aims to build $20B lunar baseNASA aims to build $20B lunar base
NASA is abandoning efforts to build a space station orbiting the Moon, and will instead put $20 billion toward a lunar base, officials announced Tuesday. The ambitious plan calls for dozens of launches in the next decade, with crews eventually exploring the lunar south pole. “The goal is not flags ...
Prediction markets eye self-regulationPrediction markets eye self-regulation
Under pressure from federal and state lawmakers, Kalshi promised to ratchet up scrutiny of athletes and politicians who trade on their own contests. “All markets have bad actors,” a lawyer for the prediction market operator wrote. “We believe that staying ahead of bad actors means developing new technology and policies.” ...
Solar is Southeast Asia’s cheapest buffer against future shocksSolar is Southeast Asia’s cheapest buffer against future shocks
Southeast Asian countries’ planned expansion of gas power could increase the cost of generating electricity to $109 billion by 2030 based on future price projections — more than double the cost of generating the same amount of electricity with solar, according to analysis by energy think tank Ember. Gas generation ...
US grid grows more vulnerable to cyberattacksUS grid grows more vulnerable to cyberattacks
The US electricity grid is increasingly vulnerable to cyberattacks, a senior US energy official told Semafor. As the grid expands to keep up with the AI race, “you have a growing surface of attack on which our adversaries can target us,” said Alexander Fitzsimmons, the Acting Undersecretary of Energy. “The ...
Schumer indicates Democratic openness to Republicans’ DHS dealSchumer indicates Democratic openness to Republicans’ DHS deal
The News Senate Minority Leader Chuck Schumer has indicated to colleagues that he sees a potential deal to reopen the Department of Homeland Security this week — but is still seeking more concessions, according to two people briefed on the conversations. The New York Democrat and his 47-member caucus are ...
Breathalyzer cyberattack blocks US driversBreathalyzer cyberattack blocks US drivers
A cyberattack on a US breathalyzer firm left thousands unable to drive, underscoring once again the risk of growing internet connectivity for devices designed for offline activity. Intoxalock provides court-mandated breath tests to drivers with DUI convictions; if they fail the in-car test, their vehicle won’t start. But the unspecified ...
Anthropic’s legal case against Pentagon opensAnthropic’s legal case against Pentagon opens
A US judge will begin hearing arguments today in Anthropic’s legal case against the Pentagon, which it accuses of breaching its rights by designating it a supply chain risk. The Department of Defense said the AI company could no longer work with military contractors after Anthropic refused to allow its ...
Chevron CEO urges Venezuela oil and gas reformsChevron CEO urges Venezuela oil and gas reforms
Chevron’s CEO said Venezuela must do more to liberalize its oil and gas sector, despite the country’s recent moves to court oil giants. Washington wants Caracas to loosen restrictions to help ramp up crude production, a push that has gained momentum as the Iran war sends fuel prices soaring. But ...