Technology

Pentagon to reap rewards from $53B Chips Act

Commerce Secretary Gina Raimondo has outlined further details of the implementation of the Chips Act, which will include government sharing in excess profits and DOD priority.

Tesla to build a manufacturing plant in Mexico

Monterrey, Mexico, will host Tesla's newest electric vehicle EV plant. Tesla's newest gigafactory will come on top of recent expansions in China and Germany, and plans to increase Austin's capacity.

Coinbase to suspend Binance stablecoin

Cryptocurrency exchange Coinbase revealed on Monday that it has plans for the suspension of trading Binance’s stablecoin starting in two weeks.