Ford's Big EV Move and Tech Talk
Ford is making a huge bet on electric vehicles. They plan to spend almost $2 billion to transform a factory in Kentucky that has long produced gas-powered cars. The goal? To create cheaper, better electric vehicles. However, there's a catch: the government might stop subsidies for electric car buyers, which could complicate Ford's plans.
Jim Farley, Ford's CEO, insists they aim to build exceptional cars using cost-saving production methods reminiscent of Ford's early days. The company's popular F-150 truck is getting an electric version, set to launch in 2027.
AI Fears Debunked
Amid growing concerns about AI, David Sacks, a prominent tech figure, argues that fears of AI taking over are overblown. He believes AI will help people find new jobs and is beneficial for the economy.
Trump Meets Intel CEO
Donald Trump recently met with Intel's CEO, a relationship that was previously strained. Post-meeting, Trump described it as "very interesting," while Intel called it productive. They discussed boosting U.S. tech manufacturing, and Intel's stock rose afterward.
Tech News Roundup
- Nvidia & AMD face scrutiny over China-related financial dealings.
- GitHub's CEO is stepping down.
- Reddit is taking legal action against a site copying its content.
- ESPN and Fox are partnering for a new streaming service.
- A major Japanese newspaper is suing a tech company.
- WinRAR has a critical security flaw exploited by hackers.