Heath Cary
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Roblox responds to report it attracts pedophiles and lies to investors
A prominent short seller claimed the popular video game platform Roblox is an “X-rated pedophile hellscape” and said the company is lying to investors about its numbers. Last week’s report from Hindenburg Research prompted a suicide prevention campaign to call on British regulators to do more to protect kids from harmful online content. Hindenburg Research… -
World’s first semisubmersible turbines may help solve offshore wind concerns
As the U.S. offshore wind industry grapples with rising installation costs and environmental concerns, a renewable energy project in Portugal may provide a viable alternative. Located a little over 12 miles off the Portuguese coast, WindFloat Atlantic developed the world’s first semisubmersible wind farm in 2020, and the facility has been proving its potential to… -
Mining giant closes $6.7B lithium deal as China’s oversupply impacts metal’s price
Rio Tinto, the world’s second-largest mining company, has announced a $6.7 billion agreement to acquire Arcadium Lithium, a move that positions the company as one of the top producers of a key metal critical to the clean energy transition. Lithium, referred to as “white gold,” is essential for renewable energy technologies such as solar panels,… -
OpenAI’s valuation surges to $157B after latest investment round
ChatGPT-maker OpenAI’s valuation soared to $157 billion on Wednesday, Oct. 2, after a fresh round of funding. This makes it the second most valuable private company in the world behind TikTok-parent company Bytedance and just ahead of SpaceX. OpenAI just secured $6.6 billion in funding from investors. Some of the names involved include venture capital… -
AI boom fuels data center growth, straining US power grid
The rapid expansion of artificial intelligence (AI) technologies is driving a significant increase in the number of data centers across the United States. This growth is placing mounting pressure on the nation’s power grid, raising concerns about the future of electricity availability and transmission capacity. Data centers, which house the servers and infrastructure needed for… -
Ford offers customers complimentary home EV chargers and installation
Ford has launched a new incentive program aimed at encouraging more consumers to adopt electric vehicles (EVs). Starting on Oct. 1 through the end of 2024, the company will provide free home charging stations and cover installation costs for customers who purchase or lease one of its electric models as part of an initiative known… -
Virus known to paralyze kids spreading across the US
A respiratory virus that can paralyze children, much like polio, is spreading in the U.S., wastewater samples show. The virus – an enterovirus called EV-D68 – is known to affect the nervous system, causing severe weakness in the arms and legs called acute flaccid myelitis (AFM), especially in children. Wastewater samples from across the country… -
‘Recession pop’: Can great music signal an economic downturn?
It’s tough to identify if the economy is in a recession. Economists toil over economic data to try to find the most accurate indicators. Gross domestic product and unemployment numbers are great data points, but what does the state of pop music tell us about economic conditions? Traditionally, two consecutive quarters of negative growth is… -
Nearly 2/3 of Americans say they won’t buy new iPhone because of inflation
Apple revealed its new iPhone on Monday, Sept. 9, fit with artificial intelligence and cameras that just keep getting better. The iPhone 16 even has a camera control button on the edge. Sales start this month, but how many Americans will be racing to get the latest gadget? Sixty-three percent of Americans said they would… -
Biden taking rare step to thwart Japan company’s takeover of US Steel: Reports
It may not matter that presidential hopefuls Donald Trump and Kamala Harris both want to stop a Japanese company from acquiring U.S. Steel. That’s because current President Joe Biden is beating them to it. According to multiple reports, Biden plans to block the $15 billion deal between Japan’s Nippon Steel and U.S. Steel on the grounds… -
Volvo improving electric trucks to make them a more viable long-hauling option
Heavy-duty trucks are a significant contributor to greenhouse gas emissions within the transportation sector, however, electrifying these vehicles to reduce their environmental impact comes with major challenges. Current electric vehicle (EV) battery technology cannot yet efficiently support trucks on the long distances they need to cover. Today, the average EV battery range tops out at… -
Molson Coors latest to back away from DEI after conservative pressure
A major beer company is backing away from corporate diversity initiatives. The company took action this week after a conservative activist reportedly told the CEO he planned to expose the company for its “woke policies.” However, the company told Straight Arrow News the shift began in March. Molson Coors sent a memo to employees this week… -
Construction begins on largest solar project east of the Mississippi River
Construction has officially begun on what will become the largest solar project east of the Mississippi River. Located in southern Illinois, the Double Black Diamond Solar Facility is poised to generate 800 megawatts of power upon its completion, capable of powering approximately 100,000 homes annually. Major energy-intensive clients, including O’Hare International Airport and Loyola University…
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