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This Turbo Escooter Wants to Set a Guinness World Record

The fastest I've ever ridden on an electric kick scooter is close to 40 miles an hour, and it was terrifying. UK-based escooter company Bo wants to go even faster—more than 100 miles per hour—and set a Guinness World Record in the process. Bo is a relative newcomer in the micromobility space, and its team is peppered with former members of Williams Formula One Advanced Engineering. It launched its first scooter, the hand-assembled Bo M, a year and a half ago in the UK and European Union, and it

The US dollar is on track for its worst year in modern history

The US dollar is on track for its worst year in modern history and may not be done falling yet. The greenback is down more than 7% this year and Morgan Stanley predicts it could fall another 10%. A weaker dollar could make US exports more competitive, boosting Trump’s plan to rebalance US trade, but makes imports more expensive, adding to the sting of tariffs. The question ahead is whether the dollar doesn’t just lose its value, but its role at the center of the global financial system. So far,

JPMorgan moves further into crypto with stablecoin-like token JPMD

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co., speaks to the Economic Club of New York in Manhattan, New York City, on April 23, 2024. JPMorgan Chase is taking a step further into the cryptocurrency space with its own stablecoin-like token, called JPMD. The U.S. banking giant told CNBC on Tuesday that it's planning to launch a so-called deposit token on Coinbase's public blockchain Base, which is built on top of the Ethereum network. Each deposit token is meant to serve as a digital re

Large Law Firm Sends Panicked Email as It Realizes Its Attorneys Have Been Using AI to Prepare Court Documents

The law firm Morgan & Morgan has rushed out a stern email to its attorneys after two of them were caught citing fake court cases invented by an AI model, Reuters reports. Sent earlier this month to all of its over 1,000 lawyers, the email warns at length about the tech's proclivity for hallucinating. But the pros of the tech, apparently, still outweigh the cons; rather than banning AI usage — something that plenty of organizations have done — Morgan & Morgan leadership take the middle road and