Author: GT

Meal-kit company HelloFresh has added 70 all-electric Rivian vans to its fleet, the first major customer to buy the commercial EVs since the automaker ended its exclusive deal with Amazon. The 70 all-electric commercial vans represent nearly one quarter of HelloFresh’s fleet, which has already helped the company save an estimated 20,000 gallons of gasoline, according to a blog post the company posted Wednesday. HelloFresh said the shift to electric has reduced its CO2 emissions output by 200 tonnes. Rivian, which produces and sells two van sizes, has wanted to diversify its customer base since ending its exclusivity deal with…

Bitcoin’s (CRYPTO: BTC) long-term track record is unbelievable. In the past 10 years, the world’s top cryptocurrency has seen its price soar 37,000%. This means that a $10,000 investment made back in April 2015 would be worth an eye-popping $3.7 million today. But there has been a lot of volatility along the way, to say the least. This is happening right now. Bitcoin currently trades more than 20% below its peak, as macro concerns propel risk-off sentiment from investors. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue…

Windsurf, the maker of a popular AI coding assistant, is in talks to be acquired by OpenAI for about $3 billion, Bloomberg reported. If the deal happens, it would put OpenAI in direct competition with a number of other AI coding assistant providers, including Anysphere, the maker of Cursor, which OpenAI backed from its OpenAI Startup Fund. The acquisition could jeopardize the credibility of the OpenAI Startup Fund, given that it is one of Cursor’s biggest investors, said a person familiar with Cursor’s cap table. It’s not clear whether OpenAI approached Cursor about an acquisition. In addition to what sources…

The Trump administration has made no secret that it dislikes disbursing money authorized by Congress under the Inflation Reduction Act and the Bipartisan Infrastructure Law. But on Tuesday, a federal judge issued an order “requiring the agencies to turn the funding spigots back on.” Under President Donald Trump, federal agencies have used his executive orders to justify withholding congressionally authorized grants and contracts, many of which had already been awarded. But U.S. District Judge Mary McElroy, who Trump appointed during his first term, said the administration’s actions were “neither reasonable nor reasonably explained.” “The broad powers that [Office of Management…

Bitcoin (BTC) was treading water just below $85,000 late Thursday as tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell added another layer of uncertainty for investors. Markets dipped on Wednesday after hawkish comments from Powell, who criticized Trump’s tariffs policy, saying that it would likely result in a slowing economy and rising prices — what economists call “stagflation.” In his remarks, Powell made clear his larger focus for now would be on prices, suggesting tighter Fed policy than otherwise thought. Trump — who nominated the former investment banker and lawyer as Fed chair during his first…

During Meta’s antitrust trial this week, Meta CEO Mark Zuckerberg said that Snapchat would have grown faster if it accepted his company’s offer to buy the social network back in 2013, Business Insider reports. Court documents revealed that Meta, then called Facebook, offered to buy Snapchat for $6 billion (reports at the time said that the dollar amount was $3 billion). In response to questioning from an FTC attorney, Zuckerberg said he thought Snapchat “wasn’t growing at the potential that it could” and that his company would have improved the app. “For what it’s worth, I think if we would…

Fund manager VanEck has the greenlight from the Securities and Exchange Commission to launch a new crypto ETF tracking crypto-related stocks. The Onchain Economy ETF (NODE) seeks long-term capital appreciation by investing in at least 80% of its net assets in “Digital Transformation Companies and/or Digital Asset Instruments,” like those that run exchanges and engage in crypto mining, according to the SEC filing. The management fee will be 0.69%. Matthew Sigel, head of digital assets research at VanEck, said on X that the actively managed NODE will aim to hold 30 to 60 names from a universe of more than…

OpenAI says that it deployed a new system to monitor its latest AI reasoning models, o3 and o4-mini, for prompts related to biological and chemical threats. The system aims to prevent the models from offering advice that could instruct someone on carrying out potentially harmful attacks, according to OpenAI’s safety report. O3 and o4-mini represent a meaningful capability increase over OpenAI’s previous models, the company says, and thus pose new risks in the hands of bad actors. According to OpenAI’s internal benchmarks, o3 is more skilled at answering questions around creating certain types of biological threats in particular. For this…

OMAHA, Neb. (AP) — America’s only rare earths mine heard from anxious companies soon after China responded to President Donald Trump’s tariffs this month by limiting exports of those minerals used for military applications and in many high-tech devices.“Based on the number of phone calls we’re receiving, the effects have been immediate,” said Matt Sloustcher, a spokesperson for MP Materials, the company that runs the Mountain Pass mine in California’s Mojave Desert.The trade war between the world’s two biggest economies could lead to a critical shortage of rare earth elements if China maintains its export controls long-term or expands them…

Babylon Labs has seen its total value locked (TVL) drop by 32%, following the unstaking of $1.26 billion in Bitcoin from its platform. On April 17, blockchain analytics firm Lookonchain flagged several addresses involved in the withdrawals, totaling 14,929 BTC. The majority of the unstaked Bitcoin, about 13,129 BTC, valued at roughly $1.1 billion, came from one address. This significant movement of funds caused Babylon’s TVL to fall from $3.97 billion to $2.68 billion. The unstaking coincided with Babylon’s recent airdrop on April 3, where it distributed 600 million BABY tokens to early adopters, including Phase 1 stakers, NFT holders,…