Is 5,000 a Stop Sign for Stocks?
We all enjoyed the ride up to 5,000 for the S&P 500 (SPY). But more and more it looks like this will be a near term top for the market….
Here are MIT Technology Review’s best-performing stories of 2024
Another year is coming to a close, so let’s look back at the MIT Technology Review stories that resonated most with you, our readers. We published hundreds of stories in 2024, about AI, climate tech, biotech, robotics, space, and more. There were six new issues of our magazine, on themes including food, play, and hidden…
Loora wants to leverage AI to teach English
Of the professions in danger of being replaced by AI, language teacher is certainly up there. That’s not necessarily because it’s a good idea. AI, some employers have decided — including Duolingo, recently — is a reasonable enough stand-in for human experts when it comes to language instruction. Despite the fact that AI-translated text tends […]
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Why China’s EV ambitions need virtual power plants
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. The first time I heard the term “virtual power plants,” I was reporting on how extreme heat waves in 2022 had overwhelmed the Chinese grid and led the government to restrict electric-vehicle…
Six things we learned from the LockBit takedown
A sweeping law enforcement operation led by the U.K.’s National Crime Agency this week took down LockBit, the notorious Russia-linked ransomware gang that has for years wreaked havoc on businesses, hospitals, and governments around the world. The action saw LockBit’s leak site downed, its servers seized, multiple arrests made, and U.S. government sanctions applied in […]
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Meet the divers trying to figure out how deep humans can go
Two hundred thirty meters into one of the deepest underwater caves on Earth, Richard “Harry” Harris knew that not far ahead of him was a 15-meter drop leading to a place no human being had seen before. Getting there had taken two helicopters, three weeks of test dives, two tons of equipment, and hard work…
Uber Eats is launching a delivery service with Cartken’s sidewalk robots in Japan
Uber, along with partners Mitsubishi Electric and autonomous robotics startup Cartken, are launching a service in Japan that will use self-driving sidewalk robots to deliver food to customers. The companies announced that the service offered through the Uber Eats app will launch in a select part of Tokyo by the end of March. An Uber […]
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Amazon set to launch ‘special store’ for value fashion in India
Amazon is preparing to make another attempt to break into India’s fast-growing fashion and lifestyle e-commerce sector, setting up a battle with rival Flipkart, owned by Walmart, Reliance’s Ajio and SoftBank-backed upstart Meesho. The e-commerce giant plans to launch a “special store,” called Bazaar, where it will not levy any “extra charges” to sellers offering […]
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Byju’s says $200 million rights issue that cuts valuation by 99% fully subscribed
Byju’s says its recently launched $200 million rights issue has been fully-subscribed, but the startup’s founder urged some of its major investors to participate amid a rift between the edtech group and some of its largest shareholders. The Bengaluru-headquartered startup, valued at $22 billion in its last financing round in early 2022, announced last month […]
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OnePlus took a three-year ‘reflective pause’ before increasing its smartwatch battery
It’s 2024. All smartwatches should offer multiple days of battery life, full stop. As things stand now, there’s a jaw-droppingly wide range across the devices. I would go so far as to say that limited battery has been — and continues to be — the single biggest issue with the Apple Watch. The Series 9 […]
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House punts on AI with directionless new task force
The House of Representatives has founded a Task Force on artificial intelligence that will “ensure America continues leading in this strategic area,” as Speaker Mike Johnson put it. But the announcement feels more like a punt after years of indecision that show no sign of ending. In a way this task force — chaired by […]
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