industry on The Soothsayer / page 12

Craze.fun, a new platform, has launched on PinkSale, marking a significant shift in the memecoin ecosystem on Ethereum. The platform aims to empower creators and investors alike, providing a seamless and low-cost platform to launch and grow meme coins. With its gasless launches, revenue sharing, and future-proof design, Craze.fun is poised to revolutionize the memecoin…

A US federal judge has rejected a plea deal between Boeing and the Justice Department, creating uncertainty around the aerospace giant’s criminal prosecution in connection with the development of its bestselling 737 Max jetliner. The deal would have allowed Boeing to plead guilty to a felony conspiracy charge and pay a fine, but the judge…

Researchers at University College London have created the thinnest pasta ever made, measuring just 370 nanometers thick. This innovation was achieved by mixing flour with formic acid and using electrospinning to create nanofibers. The new pasta is not intended for human consumption but has potential applications in biodegradable bandages and wound dressings. Forecast for 6…

Spotify has unveiled its annual Wrapped feature, which includes two new AI-powered features: a podcast summarizing users’ music listening habits and a data story tracking users’ musical evolution over the past year. The company has also expanded its social media integrations and introduced new features such as audiobooks and personalized playlists. Forecast for 6 months:…

Researchers at the Massachusetts Institute of Technology (MIT) have developed a new transistor made from semiconducting vertical nanowires of gallium antimonide (GaSb) and indium arsenide (InAs). This innovation could lead to ultra-low-power electronics, ideal for applications such as the Internet of Things (IoT) and artificial intelligence. The new transistor uses electrons tunneling through an energy…

China has banned exports of critical minerals gallium, germanium, and antimony to the US, citing national security concerns. This move comes after Washington’s latest crackdown on China’s chip sector, and several Chinese industry groups have advised their members to avoid US-made semiconductors. The ban is expected to have significant implications for the global supply chain…

A Delaware judge has upheld a decision to deny Tesla CEO Elon Musk a multibillion-dollar pay package, rejecting the company’s argument to reverse the previous ruling. The judge found that Tesla’s board was too close to Musk and had not sufficiently protected shareholders’ interests. The decision comes after Tesla shareholders voted to reinstate the compensation…

Walmart has completed its acquisition of Vizio, a popular television maker, in a move to boost its advertising business. The $2.3 billion all-cash deal positions Walmart to become a leader in connected TV advertising, allowing the retail giant to combine its retail operations with TV hardware and gather customer data on viewing habits and shopping…

Intel’s CEO Pat Gelsinger has been forced out, marking a significant shift in the company’s leadership. Gelsinger’s departure comes as Intel struggles to regain its footing in the chipmaking industry, with a market value more than 30 times smaller than rival Nvidia. The company’s financial woes have been piling up, with a $16.6 billion loss…

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