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G.M. Plans to Develop Energy Storage Batteries as E.V. Sales Flag The New York TimesGM to Develop Sodium-Ion Battery Cells—for Energy Storage, Not EVs Car and DriverPeak Energy and General Motors Partner to Scale Next-Generation Energy Storage Technology for the Grid PR NewswireGM Pivots to Energy Storage in Data-Center Push Echoing Ford Bloomberg.com
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Google just fired a warning shot in the AI subscription price wars TechCrunchGoogle One might be my most valuable tech subscription - thanks and no thanks to AI 9to5GoogleGoogle makes its AI Plus plan cheaper, doubles the cloud storage that comes with it - GSMArena.com news GSMArena.comGoogle AI Plus drops to $4.99, making premium AI more affordable than ever PhoneArena
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Liberal advances to California general election, dealing a blow to establishment Democrats The Washington PostSanders-Backed Progressive Advances in California Swing District Against Valadao The New York TimesHouse Democrats threaten to withhold DCCC dues after party's California faceplant AxiosDemocrat Villegas projected to advance in California's 22nd congressional district Yahoo
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JPMorgan Chase's move suggests long-running AI agents are close to clearing the security and governance hurdles that have slowed adoption inside big companies.
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Disruption. It's coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC.
The government is reacting in part to the explosive growth of digital currencies. About three out of ten U.S. adults currently invest in some form of cryptocurrency, or "crypto," like Bitcoin or Ethereum. These digital "coins" rely on a decentralized network of computers to verify financial transactions, cutting out third parties like banks or credit cards.
The good, the bad, and the ugly of crypto
Advocates of crypto point to its affordability, efficiency, and its ability to reach consumers with little or no access to traditional banking services. With just a mobile phone or a crypto ATM, consumers can easily send and receive digital currency, even across international borders.
On the other hand, crypto is still largely unregulated and volatile. Investors in Bitcoin, for example, saw returns of over 70% in 2021, but the currency is down almost 60% year to date. And if you send your payment to the wrong account (called a "digital wallet") there may be no way to retrieve it. Crypto has also been used for money laundering, fraud, and to fund terrorism. Several
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