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Yesterday β€” 15 May 2026TechCrunch

Power prices are up 76% on America’s biggest grid, and a watchdog is pointing fingers

15 May 2026 at 19:45
The price spike is a reminder of a deeper problem: The U.S. power grid was not designed for the electricity demands of an AI-driven economy, and the gap between what the grid can deliver and what the industry needs is widening.
Before yesterdayTechCrunch

Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul

8 May 2026 at 22:25
More than 500 people will be affected by the closures. β€œWe must refocus on our core business,” Porsche CEO and executive chair Michael Leiters said in a statement. "This is the indispensable foundation for a successful strategic realignment. This forces us to make painful cuts β€” including our subsidiaries."
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