China’s top battery maker will make cheaper next generation low cobalt batteries

China’s largest lithium battery maker Contemporary Amperex Technology Ltd (CATL) plans to begin producing in 2019 next-generation nickel-rich batteries, which are cheaper to make and have longer life-spans. Cobalt stabilizes and extends the life of lithium-ion rechargeable batteries. Cobalt prices more than doubled in 2017 and peaked at a record high of $95,250 a tonne …

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Asian American men in New Jersey live longer than high life expectancy Hong Kong Women

Hong Kong has been the country in longevity for the past three years. Currently the life expectancy in Hong Kong is 81.7 years for men and 87.3 years for women. The combined life expectancy is 84.5 years. This is longer than people in Japan who ranked third in the world. There are seven million people …

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Tesla can breakeven on $41,000 Model 3s now but targeting profitable $35,000 Model 3s by the end of 2018

Elon Musk believes it could be possible to scale production at Tesla and lower their design and technology costs enough to be able to offer a truly mass-market electric vehicle priced as low as $25,000 within three years. Recently analysts at UBS pulled apart three different electric cars to compare their technology and production costs: …

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Bitcoin Exchange traded note and investment trust are ways to trade Bitcoin without holding Bitcoin

Bitcoin Tracker One is an Exchange Traded Note quoted in US dollars. It is similar to buying an American depositary receipt. It is not an Exchange Traded Fund (ETF) but an Exchange Traded Note (ETN). Traders will see a foreign-listed asset in U.S. dollars. Bitcoin Track One trades are executed in dollars, but all settlement, …

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Sarcos gets contract to build exoskeleton for lifting 200 pounds

Sarcos Robotics has a second US air force contract to develop an exoskeleton that can lift 200 pounds. The new quasi-powered exoskeleton robots will be specifically developed for the USAF’s logistics applications. The first full-body exoskeleton robot was designed to facilitate lifting loads of up to 80lb. Brian WangBrian Wang is a Futurist Thought Leader …

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US and China are working toward a November meeting to settle the trade war

Chinese and U.S. negotiators are mapping talks and meetings that will lead to a planned trade summit in November where President Trump and Chinese leader Xi Jinping would resolve the Trade War. The existing tariffs represent a relatively small portion of U.S.-China trade. That means the immediate economic impact of the trade war could be …

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$15 million for 100 qubit trapped ion quantum computer project

There is a $15 million grant from the National Science Foundation to build a 100 qubit trapped ion quantum computer. The Software-Tailored Architecture for Quantum (STAQ) co-design project aims to build a quantum computer capable of solving challenging calculations within five years. Fred Chong, the Seymour Goodman Professor of Computer Science at the University of …

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SEC subpoenas Tesla about privitization but Cornell Law Prof thinks Elon is safe from SEC

The SEC has sent subpoenas to Tesla regarding its privatization plans and Musk’s statement to determine whether the billionaire inventor intentionally misled investors. Tesla, in response, has also hired two law firms, Paul, Weiss, Rifkin, Wharton & Garrison to help deal with the SEC, and Latham & Watkins to advise on privatization. Last week, Musk …

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