We're here in Detroit, Michigan. We're at Slate Automotive, and this is what we're looking at. It's a lowcost modular SUV.People can buy directly from the company, customize it any which way they want. They can do a pickup, they can do a sport utility vehicle. [Music] We're launching a platform called Slate University on the website that has all of the DIY videos to break them into very small and easy steps.America [Music] needs an affordable vehicle. We're going to be offering them that solution. [Music] W ...

This just in the Sora 2 AI model is now set to shake up the film and television industry. Sora cannot create content that uses copyrighted materials. Or can it.There is a battle brewing in Hollywood over AI, and it really heated up last week when OpenAI introduced its latest version of Sora. Sora 2 Inside Sora app, allowing everyone to push the limits of their imagination. This is it right here.It's text to video generation. We asked them to create a superhero who wears a red suit and cape and flies through ...

It's phase one. Major companies rushing now to respond after President Trump announced plans to impose a $100,000 fee on H-1B visas. These are used by corporations to bring highly skilled workers into the US.How do you do that. You hire Americans, so there's an incentive to hire Americans. This was a relatively surprise announcement that came out.What's changed is that there will be a new fee for new H-1B visa holders. This is a big change because the typical fee is currently a couple thousand dollars. So t ...

Product Features & Technology - iPhone Air is the thinnest iPhone ever at 5.6 mm [1] - New iPhone lineup features Apple's A19 Pro chip, the company's most advanced chip [2] - A19 Pro includes neural accelerators inside the six GPU cores to enhance on-device AI capabilities [3] - New Apple designed modem C1X and Apple's first wireless chip in iPhone N1 are included in the Air [5] AI Strategy & Market Pressure - Wall Street is putting pressure on Apple regarding its AI strategy [4] - Apple aims to make iPhone the best platform for developers to run their AI applications [4] - Apple is integrating neural processing to achieve MacBook Pro class performance within an iPhone [3]

The Trump administration is using the shutdown to fire a chunk of the federal workforce. Look, it's likely going to be in the thousands. It's a very good question.And that's something that the Office of Management and Budget and the entire team at the White House here, again, is unfortunately having to work on today. We believe that it's completely illegal. And that's why we filed a lawsuit against these type of actions.Well, I mean, this could be sort of like Doge 2.0% slashing and burning their way throug ...

Brand & Design Philosophy - Rivian's design prioritizes capturing initial customer attraction and establishing a distinct brand identity, evident in the R1T's unveiling in 2018 [1][2] - The company emphasizes authenticity and attention to detail, aiming for instant vehicle recognition through unique features like vertical headlights [2][3] - Rivian seeks to avoid being pigeonholed into one form factor, demonstrated by the surprising R3 design, showcasing versatility beyond off-road capabilities [4] - The brand aims to create a friendly and approachable design, particularly for vehicles like the Amazon delivery van, considering the environment they operate in [19] - Rivian balances clean, modern aesthetics with tactile materials in its interiors, offering a tech-focused experience without sacrificing physical controls [32] Product Development & Strategy - Rivian targets the full-size truck and SUV segments in the United States, focusing on utility and practicality for daily use [8] - The company innovates by incorporating customer use cases into vehicle design, such as the front trunk, flashlight, and Bluetooth speaker [9][13] - Rivian is expanding its product line with the R2 and R3 models, aiming for a more affordable price point and global scalability [20][22] - The automaker is developing a Rivian design ecosystem, including accessories like the Rivian Treehouse rooftop tent, to enhance vehicle enjoyment and brand loyalty [33][36] Production & Expansion - Rivian is building a new $5 billion factory in Georgia with a planned capacity of 400,000 units, signaling confidence in EV demand and global production scaling [25][26] - The company is initially launching the R2 in its Illinois facility before scaling global production in Georgia [26]

Market Trends & Adoption - Buy Now Pay Later (BNPL) usage continues to grow across consumer segments and is becoming ubiquitous in online and in-store shopping [1] - The industry observes widespread adoption of alternatives to credit cards, presenting a significant opportunity to disrupt the US credit card industry [3] - In 2024, an estimated 865 million Americans used BNPL, and this number is projected to rise to 915 million in 2025 [4] Impact on Financial Institutions - BNPL plans are changing consumer spending habits by offering short-term installment options as an alternative to credit cards [2] - Big banks and financial institutions have reasons to be cautious of consumers using BNPL plans, especially with the growing number of users [3] - BNPL represents a significant gap in understanding consumer credit quality [4] Challenges & Opportunities - Credit cards have struggled to adapt to consumers' needs [2] - The industry is in a transition period with skepticism and uncertainty surrounding new products like BNPL, as traditional institutions protect their own products [4]

Market Overview & Growth - The global electronic shelf label (ESL) market was valued at $185 billion in 2024 and is projected to reach $754 billion by 2033 [1] - The ESL industry is expected to experience significant double-digit year-over-year growth in the foreseeable future [2] - ESLs are increasingly adopted in supermarkets to improve operational efficiency [2] Benefits of ESLs - ESLs can instantly communicate deals and savings, display nutritional and allergy information, and help retailers limit their carbon footprint [7] - ESLs can increase customer satisfaction with product information by 15% [7] - ESLs enable efficient price changes via work phones and LED lights for faster online order preparation and restocking [8] - Dynamic pricing facilitated by ESLs can reduce food waste by 21%, increase gross margins by 3%, and consumer surplus by 03% [9] Concerns & Regulations - Lawmakers are concerned that ESLs may lead to dynamic pricing that could exploit consumers during times of high demand [3] - The Norwegian Competition Authority (NCA) fined grocery stores nearly $500 million for using price hunters, a practice ESLs could accelerate, reducing competition and raising prices [17][18] - The Federal Trade Commission found that 250 businesses engage in surveillance pricing, potentially targeting individual consumers with different prices [20] Implementation & Costs - Walmart plans to roll out ESLs to 2300 stores by 2026 [5] - The initial cost of a 10,000 tag ESL system can be up to $100,000 [13] - Higher labor costs and rigidity in labor markets incentivize the adoption of ESLs [11][12] Dynamic Pricing & Future Trends - Retailers could use ESLs to implement dynamic pricing based on market conditions, demand, competition, and consumer behavior [5] - Dynamic pricing can benefit both stores and consumers by reducing food waste through markdowns on near-expiration items [6][7] - Price wars may occur as companies monitor competitor prices in real-time using ESLs [15] - Expiration date markdowns and competitive pricing are potential applications of dynamic pricing [29]

There are three things that Democrats are asking for here. Number one, with the Trump mega bill, there was a lot of health care provisions that passed cuts that were made to Medicaid. Democrats basically want to reverse all of what Republicans just did only a few months ago.Number two, the White House has done a number of what's called rescissions, basically taking funds that Congress in a bipartisan manner allocated to various programs. And the White House said, hey, we're not actually going to use that fu ...

Global Retirement System Challenges - The world could face a $400 trillion shortfall in retirement savings by 2050 [1] - Every country's retirement system is unique, shaped by its specific development path [1] US Retirement System Analysis - The US retirement system has both strengths and weaknesses [4] - The US has a progressive benefit formula in its social security program, benefiting lower-wage earners [4] - The US saves more than most other countries and has among the highest retirement incomes globally [6] - The US has significant assets in defined contribution plans and some defined benefit plans [3] Potential Reforms and Considerations - Mandatory defined contribution systems may face resistance in the United States [2] - Instead of focusing solely on features, the US retirement system should be evaluated based on its results [5] - The pension index aims to facilitate understanding of what works and what needs improvement in retirement systems [5]