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California Forever's CEO defended his controversial city project at Bloomberg Tech

Jan Sramek, the CEO behind the controversial California Forever project, appeared at Bloomberg’s annual tech conference in San Francisco on...

yesterday 7

Quartz

Lucas Ropek / Gizmodo

Is your car cicada-proof? Here's what you need to do

This summer much of the American midwest will be subject to the hatching of 13-year cycle Brood XIX and 17-year cycle Brood XII cicadas as an...

yesterday 20

Quartz

Bradley Brownell / Jalopnik

15 ways to get your car ready for the summer

Almost all of nature experiences a renewed sense of life once the short days and long nights of wintertime gradually become distant memories. Trees...

yesterday 10

Quartz

Logan Carter

Inflation hits McDonald's, FTX customers get paid back, Spirt Airlines struggles: Business news roundup

Nearly all of FTX’s former customers will get back almost 100% of the money they lost at the time of the cryptocurrency exchange’s collapse — if...

yesterday 10

Quartz

Vinamrata Chaturvedi

Bitcoin whales, Robinhood vs. the SEC, Nvidia and Apple vs. McDonald's and Starbucks: Markets news roundup

Those who own at least 1,000 Bitcoin, whether they are individuals or corporations, are referred to as Bitcoin Whales. Most do not disclose how...

yesterday 10

Quartz

Vinamrata Chaturvedi

Tesla's new robot, a powerful new chatbot, and a nuclear fusion breakthrough: The most popular tech stories

A tokamak in France set a new record in fusion plasma by encasing its reaction in tungsten, a heat-resistant metal that allows physicists to...

yesterday 30

Quartz

Vinamrata Chaturvedi

A Swiss Army Knife with no knife, the worst cities for driving, the best for millionaires: Lifestyle news roundup

The Swiss Army Knife has become such a shorthand for multifunctionality that companies producing does-a-lot-of-stuff wares will often say that...

yesterday 10

Quartz

Vinamrata Chaturvedi

Elizabeth Holmes' punishment, Google's 'BS' jobs, and advice for Starbucks: Leadership news roundup

When Elizabeth Holmes, founder of the now-disgraced blood testing company Theranos, received the sentence for her fraud conviction in 2022, she was...

yesterday 10

Quartz

Vinamrata Chaturvedi

Bitcoin and crypto have a lot of terms. We've got a glossary for what you need to know

Since its inception, Bitcoin has captured the attention of countless individuals, which has led to the creation of a bustling cryptocurrency...

yesterday 10

Quartz

Vinamrata Chaturvedi

The 10 cars that get stolen the most in America

After years of surging car thefts in the United States, 2023 was no different. The National Insurance Crime Bureau (NICB) said in April that...

previous day 9

Quartz

William Gavin

The 11 best hybrid SUVs that you can get for less than $45,000

If there’s one thing American car buyers love, it’s crossovers and SUVs. Sedans and wagons may still get the job done, but there’s just...

previous day 10

Quartz

Collin Woodard / Jalopnik

AI in Focus: And the AI Oscar goes to

Hello, fellow humans! Here’s our monthly AI-focused special edition of the Daily Brief. Enjoy, and we’ll see you again on Monday with your...

previous day 10

Quartz

Gabriela Riccardi And Morgan Haefner

Tesla's hiring freeze, Elizabeth Holmes' prison sentence, FTX customers' money: The week's most popular stories

When Elizabeth Holmes, founder of the now-disgraced blood testing company Theranos, received the sentence for her fraud conviction in 2022, she was...

previous day 10

Quartz

Quartz Staff

Fatburger parent stock down 28% after chairman indicted for $47 million fraud

Fat Brands is the parent company of Fatburger, Johnny Rockets, and a few other restaurant chains. Last year, former CEO Andy Wiederhorn stepped...

friday 30

Quartz

Melvin Backman

800 climate activists in Germany tried to break into Tesla's factory

Climate activists protesting Tesla’s expansion tried to storm its gigafactory in Germany on Friday.Read more...

friday 10

Quartz

Francisco Velasquez

Tesla told a Cybertruck owner the warranty doesn't cover coolant leaks — after just 35 miles

The hits just keep on coming with the Tesla Cybertruck. Yet another owner has reported having problems mere miles after picking up their brand new,...

friday 20

Quartz

Lawrence Hodge / Jalopnik

Apple's Siri is getting an AI reboot. Can it catch up to ChatGPT?

Apple is expected to release an improved version of its virtual assistant Siri that is powered by generative artificial intelligence — part of...

friday 10

Quartz

Britney Nguyen

McDonald's hopes a $5 Meal Deal will win back inflation-weary customers

McDonald’s wants to introduce a $5 meal deal in an effort to win over cash-strapped consumers. Read more...

friday 10

Quartz

Francisco Velasquez

The Dow rises 100 points as weak consumer sentiment can't stop the rally

The Dow Jones Industrial Average stayed strong Friday and was close to finishing the week in the green for the eighth straight day. The rally...

friday 10

Quartz

Vinamrata Chaturvedi

Red Lobster's owner wants to sell its stake by the end of the year

Red Lobster’s owner, Thai Union Group, is planning to sell its remaining stake in the seafood chain by the end of the year, it said in a...

friday 10

Quartz

Francisco Velasquez

Boeing's Starliner spacecraft has a 'risk of a disaster' and should be grounded, NASA contractor says

After a last minute delay of the debut mission of the Boeing Starliner earlier this week, a NASA contractor is warning the space agency that...

friday 10

Quartz

Ryan Erik King / Jalopnik

AI is transforming the film industry — and a new festival gives 'a taste of what's coming'

Have you ever wondered, “Where Do Grandmas Go When They Get Lost?” Or what would the planet would look like if we cut down all the trees?Read...

friday 20

Quartz

Britney Nguyen

Anthropic's founders took a shot at OpenAI executives

Dario and Daniela Amodei, siblings and founders of Anthropic, fired indirect jabs at OpenAI while not stating the company’s name on Thursday. The...

friday 10

Quartz

Maxwell Zeff / Gizmodo

Honda is doubling down on EVs and hybrids as it sees a path to a second-year of record profits

Honda Motor Co. on Friday said it would ramp up its spending on research and development ofelectrified vehicles in 2024 and issue its largest-ever...

friday 10

Quartz

William Gavin

Biden's crackdown on credit card perks continues

That airline credit card in your wallet may not be as financially savvy as you think. Read more...

friday 10

Quartz

Melvin Backman

Cocoa's price may have finally tempered, says financial firm Rabobank

Cocoa’s price rally may have peaked, according to financial firm Rabobank, which pointed to falling prices for the commodity in New York and...

friday 10

Quartz

Francisco Velasquez

There's a severe solar storm coming. Here's how scientists are preparing

Inclement weather on the Sun’s surface could affect infrastructure on Earth and in space, scientists are predicting, as our host star approaches...

friday 4

Quartz

Isaac Schultz / Gizmodo

The Dow extends its weeklong winning streak with a 71-point jump

Stocks are set to close the week higher on Friday, with the Dow potentially extending its winning streak to eight consecutive days. The S&P 500 and...

friday 10

Quartz

Vinamrata Chaturvedi

Geely's EV brand Zeekr is set to start U.S. trading on Friday

Shares of Zeekr, the premium electric vehicle arm of China’s Geely Auto, are set to begin trading on Friday after the company expanded its...

friday 10

Quartz

William Gavin

OpenAI could release its Google search competitor as soon as Monday

OpenAI is reportedly planning to announce its artificial intelligence-powered search competitor to Google as early as Monday — a product that...

friday 10

Quartz

Britney Nguyen

Bots perform 90% of stablecoin transactions

Nearly 90% of tracked stablecoin transactions are not human-involved. According to recent data published by Visa and blockchain data provider...

friday 10

Quartz

Vinamrata Chaturvedi

Boeing is reportedly being scrutinized by the SEC

The alphabet soup of U.S. government entities looking into Boeing just got a few more letters. Bloomberg reports that the Securities and Exchange...

friday 10

Quartz

Melvin Backman

The Baidu executive who told staff she could make them jobless is now out of a job

Baidu’s head of public relations no longer appears to be employed at the tech giant after sparking widespread backlash for posting several videos...

friday 4

Quartz

Rocio Fabbro

Target is only selling Pride Month products in some stores after last year's backlash

Target doesn’t want another Pride Month backlash. The retailer appears to be making good on its promise that it would change this year’s...

friday 10

Quartz

Francisco Velasquez

Novavax stock skyrockets 120% on $1.2 billion vaccine deal with Sanofi

Vaccine-maker Novavax announced a $1.2 billion licensing partnership with French pharmaceutical company Sanofi on Friday, giving its stock a much-...

friday 40

Quartz

Rocio Fabbro

A Tesla executive quits on Elon Musk, saying it's 'hard to see the long game' as layoffs crush morale

For weeks, Tesla has been cutting staff left, right and center. First it was teams at its California and Texas hubs, then the brains behind the...

friday 10

Quartz

Owen Bellwood / Jalopnik

Nissan is just fine with dealers losing money selling its cars

When the calendar flipped over to May, Nissan instituted a new sales policy for its dealers: Cars can be advertised at discounts up to 10 percent...

friday 20

Quartz

Amber Dasilva / Jalopnik

OpenAI is staying away from pornography

On Wednesday, OpenAI released a draft of its Model Spec sheet that details how it intends its AI models to behave. There is a section focusing on...

friday 10

Quartz

Oscar Gonzalez / Gizmodo

A glitchy diabetes app drained insulin pump batteries and led to more than 200 injuries

At least 224 people have been injured after an iPhone app called t:connect drained the battery on its accompanying insulin pump, called t:slim X2,...

friday 10

Quartz

Matt Novak / Gizmodo

Be careful out there today because it's the first severe geomagnetic storm in decades

The National Oceanic and Atmospheric Administration’s Space Weather Prediction Center forecasted a “severe solar storm” that’s expected to hit...

friday 10

Quartz

Isaac Schultz / Gizmodo

The founder of Bumble sees an AI-based future for dating and it doesn't sound very sexy

Bumble Founder and Executive Chair Whitney Wolfe Herd defended her dating app’s new AI feature on stage in San Francisco on Thursday. She went on...

friday 10

Quartz

Maxwell Zeff / Gizmodo

Elon Musk says Tesla will spend 'well over' $500 million on Supercharger expansions this year

More than a week after Tesla laid off the majority of its Supercharger division, CEO Elon Musk now says the company will spend upwards of half a...

friday 10

Quartz

William Gavin

China could be hit with new U.S. tariffs on EVs and semiconductors as soon as next week

The United States is reportedly set to hit China with a series of new tariffs targeting strategic areas, including electric vehicles and...

friday 10

Quartz

William Gavin

1 in 8 Americans have taken drugs like Ozempic — but mostly not for weight loss

A growing number of Americans have taken GLP-1 drugs, like Ozempic and Wegovy. But while the drugs have become widely known for their weight-loss...

friday 10

Quartz

Rocio Fabbro

Tesla is being investigated for fraud; Trump offers to end Biden's EV rules; and Nissan touts major profits: Auto roundup

It’s been another whirlwind of a week at Tesla. The electric vehicle company has continued its sweeping layoffs — both in the U.S. and China —...

friday 20

Quartz

William Gavin

Sam Altman on AI's future, Elon Musk's startup, Apple's chips, and selling Nvidia stock: AI news roundup

The artificial intelligence race wouldn’t be full speed ahead without chips. And that in itself is becoming a race between companies — and even...

friday 40

Quartz

Britney Nguyen

Aldi's price cuts, Krispy Kreme's best day, and IHOP and Applebee's struggle: Retail news roundup

In retail news, Applebee’s and IHOP say customers are ditching their higher priced menu items for tenders and burgers. Aldi wants to compete with...

friday 10

Quartz

Francisco Velasquez

Boeing's Starliner delays, Spirit Airlines' woes, and Spirit AeroSystems' mishaps: Airline news roundup

Boeing received yet another piece of disappointing news in a year when it’s already received a lot of it. Spirit Airlines CEO Ted Christie said...

friday 10

Quartz

Melvin Backman

Apple's new iPads, Reddit's earnings beat & more: This week in tech

This week, reports surfaced that Apple is developing its own AI chips to sit in data centers and power AI applications. While there are few details...

friday 20

Quartz

Laura Bratton

Roblox stock plummets 21% on weak earnings forecast

Roblox stock dropped over 21% Thursday morning after the video game platform released a disappointing outlook for the coming months.Read more...

09.05.2024 20

Quartz

Vinamrata Chaturvedi

'Buy now pay later' is expected to drive $81 billion in online spending this year, Adobe says

Persistent inflation has forced shoppers to look for cheaper goods. In some cases, that has meant paying off items in small increments. And for the...

09.05.2024 30

Quartz

Francisco Velasquez

The Dow jumps 200 points as a weak jobs report raises hopes of interest rate cuts

The Dow and other indexes opened higher on Thursday as the latest jobs report suggests the Federal Reserve may lower interest rates this year. Read...

09.05.2024 2

Quartz

Vinamrata Chaturvedi

An union protest over an airline merger caused chaos for dozens of flights

Air India Express has a big mess on its hands. More than 100 of its flight crews called out sick at the same time, throwing its operations into...

09.05.2024 10

Quartz

Melvin Backman

Microsoft-backed Mistral AI expected to nearly triple valuation to $6 billion

French artificial intelligence startup, Mistral AI, is reportedly expected to nearly triple its valuation to $6 billion in six months in a new...

09.05.2024 3

Quartz

Britney Nguyen

Sony and Apollo’s plan for Paramount Global includes selling off CBS and other parts

If Sony Pictures Entertainment and Apollo Global Management acquire Paramount Global, they have their sights set on big changes at the...

09.05.2024 10

Quartz

Rocio Fabbro

A Boeing plane skidded off the runway and caught fire in Senegal

A bad thing happened to another Boeing plane on Thursday. A 737-300 operated by the Senegalese carrier Transair skidded off the runway while ablaze...

09.05.2024 10

Quartz

Melvin Backman

Warner Bros. Discovery makes a big streaming profit, even as it misses estimates

Warner Bros. Discovery on Thursday announced a strong first-quarter showing for its streaming unit, even as its studios’ division underperformed...

09.05.2024 10

Quartz

William Gavin

Trump offers to gut Biden’s EV and environmental rules for Oil execs’ support

If there’s one thing everyone in politics can agree on it’s this — everything has a price. And ex-president Donald Trump has reportedly slapped...

09.05.2024 10

Quartz

William Gavin

Tesla's fourth straight week of layoffs accelerates in China

Tesla’s sweeping layoffs are reportedly escalating at the electric vehicle maker’s plant in Shanghai.Read more...

09.05.2024 10

Quartz

William Gavin

Elon Musk's xAI expected to reach $18 billion valuation soon

Elon Musk’s artificial intelligence rival to OpenAI is reportedly expected to reach an $18 billion valuation after it closes its current funding...

09.05.2024 20

Quartz

Britney Nguyen

Krispy Kreme had its best sales day ever thanks to Valentine's Day

Consumers didn’t just have love on the brain on Valentine’s Day. They also appeared to be pop-eyed for Krispy Kreme’s heart-shaped doughnuts,...

09.05.2024 2

Quartz

Francisco Velasquez

Robinhood stocks are up, despite being under the SEC's scrutiny

Robinhood’s shares surged by approximately 6% on Thursday morning following the announcement of its record quarterly revenue and profits that...

09.05.2024 10

Quartz

Vinamrata Chaturvedi

Elon Musk’s Neuralink brain chip trial has already had some hiccups

Just over 100 days ago, Elon Musk’s neurotech startup Neuralink placed an implant inthe brain of its first human patient: 29-year-old...

09.05.2024 1

Quartz

Rocio Fabbro

Oracle's plan to 'transform' healthcare delivery with Cerner is falling short

Oracle’s promise to be at the forefront of the “next generation of health care” is falling short as the company hemorrhages workers and loses...

09.05.2024 20

Quartz

William Gavin

Anthropic co-founders say their AI models are taking lessons from the harms of social media

Where OpenAI’s mission has focused on bringing AI to scale, its rival Anthropic has focused on safety and security. And its co-founders, siblings...

09.05.2024 10

Quartz

Laura Bratton

A Baidu executive is doubling down on intense work culture, telling staff 'I'm not your mom'

An executive at Chinese tech giant Baidu wants employees that are seriously devoted to the company — even if it hurts their personal lives.Read...

09.05.2024 2

Quartz

Rocio Fabbro

A company selling carbon removal to companies opened the world's biggest pollution 'vacuum' in Iceland

A Swiss company just set up a giant ‘vacuum cleaner’ that will suck as much as 36,000 metic tons of carbon out of the atmosphere every year. Read...

09.05.2024 10

Quartz

Melvin Backman

Nissan's profits surged 92% last year as sales grew in every major market — except China

Nissan Motor Co. had a pretty good fiscal 2023. Read more...

09.05.2024 4

Quartz

William Gavin

The 'godmother of AI' says stop worrying about an AI apocalypse

Fei-Fei Li, is a computer scientist who created a massive database, ImageNet, that laid the foundation for modern AI, earning her the nickname “...

09.05.2024 3

Quartz

Laura Bratton

'It's obviously nice to have Taylor Swift': A Meta executive on Threads vs. Elon Musk's X

Meta executive Chris Cox wasn’t braggy about Threads’ recent dominance over Elon Musk’s X during the Bloomberg Technology Conference on...

09.05.2024 10

Quartz

Laura Bratton

Beyond Meat stock plunges 14% because it's raising prices and needs cash

Plant-based company Beyond Meat is struggling to reach even the healthiest of consumers — and it needs to raise cash quickly. Read more...

09.05.2024 10

Quartz

Francisco Velasquez

Aldi is slashing prices as it looks to win the inflation-era grocery wars

Discount grocer Aldi wants to give consumers a break from sticky inflation – at least for a little while. The company is cutting prices on more...

09.05.2024 10

Quartz

Francisco Velasquez

Amazon stock just hit a new 52-week high as AI boosts profits

Amazon’s stock rose 1.5% to $191.70 on Thursday afternoon, hitting a new 52-week high. The stock is up 25% so far in 2024 and 73% over the past...

09.05.2024 3

Quartz

Vinamrata Chaturvedi

The Dow rises 300 points as Amazon hits a 52-week high

The Dow extended its rally to seven consecutive days, with Amazon reaching a new 52-week high. Read more...

09.05.2024 8

Quartz

Vinamrata Chaturvedi

Wall Street and the Treasury Department are working together to curb cyber attacks

A new partnership between the Treasury Department and Wall Street banks looks to curb the threat of cyber attacks on the U.S. financial system.Read...

09.05.2024 10

Quartz

Rocio Fabbro

A Boeing supplier whistleblower says fuselage oversights were 'a recipe for disaster'

Spirit AeroSystems, the supplier that crafted the Boeing 737 Max 9 fuselage that dropped a door plug mid-flight in January, has received far less...

09.05.2024 20

Quartz

Melvin Backman

Engineered Arts' humanoid robot Ameca feels she has 'intrinsic charm.' Should we fear her?

The Bloomberg Technology Summit on Thursday hosted one non-human guest: the humanoid robot Ameca. Ameca is “the world’s most advanced human...

09.05.2024 10

Quartz

Laura Bratton

The 5 best headphones for less than $150

Let’s face it: while some of the best headphones we’ve tested sound incredible, they don’t come cheap. Believe it or not, there are plenty of...

09.05.2024 3

Quartz

Dua Rashid / Gizmodo

Open-source cybersecurity could derail the internet as we know it

In March, a software bug threatened to derail large swaths of the web. XZ utils, an open-source compression tool embedded in myriad software...

09.05.2024 4

Quartz

Lucas Ropek / Gizmodo

Chevrolet is ending production of Malibu to focus on EVs

It’s been almost 10 years since the most recent Chevrolet Malibu was revealed, and while there was never really anything wrong with the car itself,...

09.05.2024 4

Quartz

Collin Woodard / Jalopnik

A former GM exec on why Saab, Saturn, Pontiac, and even the Hummer had to die

The period of 2008 to 2009 was rough for Detroit’s Big 3 automakers. While Ford technically never filed for bankruptcy — though it did receive...

09.05.2024 10

Quartz

Lawrence Hodge / Jalopnik

There's a new weight loss procedure that involves 'burning' people's stomach linings

The future of weight loss is looking more varied by the second. This week, scientists have reported the preliminary findings of a small trial...

09.05.2024 10

Quartz

Ed Cara / Gizmodo

The Webb Space Telescope has uncovered a nearby planet with an atmosphere

Scientists have spotted a rocky exoplanet with a possible atmosphere, which they believe may be burbling out from a magma ocean on the distant...

09.05.2024 10

Quartz

Isaac Schultz / Gizmodo

A Hertz customer who rented a Tesla somehow got charged $277 for gas — in a Tesla

A longtime Hertz customer with President’s Circle status was slapped with an unexpected $277.39 charge after returning the Tesla Model 3 that he...

09.05.2024 1

Quartz

Logan Carter / Jalopnik

They're gonna blow Up the Baltimore bridge to free the cargo ship that destroyed it

The enormous Dali container ship has been stuck in Baltimore since it hit and destroyed the Francis Scott Key bridge way back in March. The ship...

09.05.2024 2

Quartz

Owen Bellwood / Jalopnik

Apple issues a rare apology for its iPad 'Crush' ad that shows guitars and pianos being destroyed

Apple issued a rare apology on Thursday for its iPad Pro “Crush” commercial after it faced widespread backlash from users who said it did not...

09.05.2024 4

Quartz

Francisco Velasquez

Novo Nordisk struck a $600 million deal to find the next weight loss wonder drug

The company behind blockbuster drugs Ozempic and Wegovy wants to keep the gravy train running. Expanding an earlier deal, it announced Thursday...

09.05.2024 8

Quartz

Melvin Backman

A sunspot is now 15 times wider than Earth — and still growing

The Sun is a hot mess right now. Solar maximum is fast approaching, and a giant dark spot on the surface of the Sun keeps growing while spewing...

09.05.2024 10

Quartz

Passant Rabie / Gizmodo

Krispy Kreme's Q1 beat driven by heart donuts

Read more...

09.05.2024 10

Quartz

Francisco Velasquez And Andy Mills

A lot of Reddit's growth is coming from users who aren't even logged in

Reddit is not a profitable company. For its first earnings report since its initial public offering March 21, the company reported a $575 million...

08.05.2024 20

Quartz

Melvin Backman

The FTC is challenging 'junk' drug patents. Here's what they are and why they matter

The U.S. Federal Trade Commission (FTC) announced last week that it is, for the second time, disputing hundreds of “junk” patents listed in the...

08.05.2024 20

Quartz

Bruce Gil

The world's biggest banks are hiring AI talent twice as much as other positions

Big banks are adding artificial intelligence-focused jobs at increasing speeds, despite industry-wide cuts.Read more...

08.05.2024 20

Quartz

Rocio Fabbro

NASA wants to build a new rocket that could get to Mars in just 2 months

The future of space travel depends on our ability to reach celestial pit stops faster and more efficiently. As such, NASA is working with a...

08.05.2024 10

Quartz

Passant Rabie / Gizmodo

FTX customers are getting back all the money they lost in the crypto exchange's collapse

Nearly all of FTX’s former customers will get back almost 100% of the money they lost at the time of the cryptocurrency exchange’s collapse — if...

08.05.2024 20

Quartz

Rocio Fabbro

The U.S. barred Intel and Qualcomm from selling chips to China's Huawei

The Biden administration has increased its restrictions on sales of U.S. technology to Huawei Technologies as China’s leading technology firm...

08.05.2024 8

Quartz

William Gavin

This AI startup says it's the solution to deepfakes

This story is part of our new Chief Innovation Officer Forecast series with Gizmodo, a business report from the front lines of the future.Read more...

08.05.2024 20

Quartz

Laura Bratton

Merck and other pharma giants are bracing for competition to their blockbuster drugs. Here's how.

Every pharmaceutical company is constantly searching for its next blockbuster — the billion-dollar drug that dominates a market, brings in hordes...

08.05.2024 20

Quartz

Bruce Gil

More than 30% of the world's electricity is now coming from renewable energy

The Earth is careening toward a dangerous level of global warming. At this rate, the planet will eventually lose its ability to provide us with the...

08.05.2024 20

Quartz

Melvin Backman

Tesla is being investigated for securities and wire fraud

Elon Musk’s comments about Tesla’s self-driving technology has landed him in hot water with the feds — again. Read more...

08.05.2024 3

Quartz

William Gavin

A tech startup just raised $1 billion — and an IPO could be around the corner

Cybersecurity startup Wiz said this week that it had raised $1 billion in a funding round led by Andreessen Horowitz, Lightspeed Venture Partners,...

08.05.2024 20

Quartz

Laura Bratton

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