Binance skirted regulation to become the world’s largest cryptocurrency exchange by trading volume. Now, the company has pleaded guilty in the U.S. and agreed to pay $4.3 billion in fines. Here’s how the same strategy behind the company’s rise brought it crashing down. 0:00 Binance and CZ pleading guilty 1:11 Rise to the top 2:23…
Walmart projects that by 2025, 65% of its stores will be serviced by automation. To compete against Amazon and Target, Walmart is investing in these automated fulfillment centers with its robotic Alphabot system and drone delivery. WSJ explains how the country’s biggest retailer is leaning into a high-tech distribution strategy to keep pace in the…
As thousands of people are killed in the Israel-Hamas war in Gaza, the United Nations is warning of even more deaths from dehydration and waterborne diseases from a water shortage crisis. The World Health Organization says two million Gazans are subsisting on about three liters of water a day for all of their needs, including…
Elon Musk’s SpaceX launched a test flight of its Starship rocket early Saturday from its spaceport in Texas, reaching a crucial booster separation stage before exploding. The company’s previous launch attempt in April ended in an explosion. 00:00 Launch 00:40 Booster separation 01:12 Booster explodes #SpaceX #Starship #Musk #WSJ
The Deep Space Network, NASA’s main communications infrastructure, is overburdened. Spacecraft billions of miles away rely on this network of giant satellite dishes to communicate with Earth. NASA officials are worried about the network’s ability to support future missions, as the agency pivots toward extended human exploration of the moon. WSJ explains how NASA’s infrastructure…
Watch live coverage of President Biden’s remarks at the APEC CEO Summit following meetings with China’s Xi Jinping and other leaders from the Asia-Pacific region. #Biden #China #WSJ
Copper mines, like this one in Utah, are on the frontline of America’s transition to clean energy. This site, owned and operated by mining giant Rio Tinto, produces roughly 200,000 metric tons of copper annually — with room to grow. Global demand for copper, a major component of EVs, is expected to almost double from…
President Biden said he and his Chinese counterpart Xi Jinping would continue to “preserve and pursue” high level diplomacy, after the pair held talks on Wednesday at an estate outside of San Francisco. WSJ’s Charles Hutzler analyzes the meeting. 0:00 Biden, Xi meet 0:22 U.S.-China tensions 1:10 Agreements during the meeting 2:34 Takeaways #Biden #China…
PG&E, the nation’s largest utility, is planning to underground 10,000 miles of distribution lines in fire-prone areas, including 2,100 miles through 2026. Learn more about this plan here: https://youtu.be/52iCmSFW2Wk
Apple has designed its own custom chips for iPhones since 2010, kicking off a trend followed by other non-chip giants like Google, Microsoft, Amazon and Tesla. In November, CNBC became the first journalists to film inside an Apple chip lab, where it tests its latest M3 chips that replaced Intel processors in all new Macs….