Bezos overtakes Musk... Again.

Gold and Bitcoin record high. Small Whole Foods. American Airlines expands

Bitcoin Surpasses $69,000. Bitcoin soared to a new all-time high, surpassing $69,000 before pulling back. Despite the dip, it remains a force to be reckoned with in the crypto world. Analysts see this as a testament to its resilience, signalling its staying power in the market.

Bezos Overtakes Musk as World's Richest Again. Jeff Bezos reclaimed the title of the world's richest person, with his net worth reaching $200 billion. This marks his return to the top spot for the first time since late 2021, surpassing Elon Musk.

Gold Hits Record High. Gold surged to a new record high as investors brace for potential Fed rate cuts amidst ongoing geopolitical tensions. Spot gold climbed 1% to $2,136.69 per ounce, with futures also on the rise. The precious metal's resilience underscores its status as a safe-haven asset during uncertain times.

IRS Launches Free 'Direct File' Service. The IRS's new Direct File service, offering free filing software for simple tax returns, is now live in 12 states. However, the service is limited to W-2 employees and recipients of Social Security or unemployment income. Other income sources, such as capital gains or rental income, are not eligible for Direct File.

Rust Problems Emerge for Tesla's Cybertruck.

Reports of rust appearing on the stainless steel exterior of Tesla's Cybertruck raise questions about its durability. Despite claims of being bulletproof and weatherproof, some owners have noticed rust spots after just two days of driving in the rain. Watch video

AI to Help with Hardware Development. Enzzo, a Seattle startup led by a seasoned veteran from the tech scene, secures $3 million in seed funding. Spun out of Pioneer Square Labs, Enzzo focuses on leveraging AI to streamline the challenging process of hardware development, particularly in the critical "definition phase."

Alibaba Leads $2.5 Billion Investment in AI Firm. Alibaba Group Holding Ltd. continues its investment spree, backing Chinese AI startup MiniMax with at least $600 million in a financing round. This marks Alibaba's second significant deal in the AI sector this year.

Whole Foods Goes Small.

Whole Foods, under Amazon's umbrella, is launching smaller convenience stores in NYC called Whole Foods Market Daily Shop. The first will debut on the Upper East Side, with subsequent locations to follow. These compact stores, ranging from 7,000 to 14,000 square feet, will prioritize takeout meals, prepared foods, and essential groceries, catering to urban shoppers' needs.

SpaceX Launches Climate-Watching Satellite.

A SpaceX Falcon 9 rocket has launched, carrying a range of satellites, including MethaneSAT. Led by the Environmental Defense Fund, MethaneSAT aims to tackle methane emissions, especially from the oil and gas sector, in the fight against climate change.

American Airlines Expands Fleet.

American Airlines announced a major fleet upgrade, ordering 260 new narrow-body planes, including Boeing Max 10s. The order spans Airbus, Embraer, and Boeing models. Additionally, American plans to enhance its first-class experience, starting with retrofitting A319 and A320 planes for larger first-class cabins beginning in 2025.

70 Million-Year-Old Dinosaur Skeleton Discovered By a Man Walking His Dog.

Damien Boschetto, while walking his dog in France, stumbled upon a remarkable find in 2022: a nearly complete skeleton of a long-necked titanosaur estimated to be 70 million years old. The discovery, kept secret until now, was made in the forests of Montouliers, near Boschetto's home in Cruzy, southern France.

Red Sea Cable Damage Disrupts Global Internet Traffic. Telecoms networks are facing disruption as submarine cables in the Red Sea have been damaged, affecting a quarter of traffic between Asia, Europe, and the Middle East, including internet traffic. The cause remains unknown.

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