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Mobility

Nevada approves Tesla Las Vegas robotaxis but limits fleet to 10

Nevada has approved Tesla to operate robotaxis in Las Vegas but limited the fleet to 10 vehicles. Tesla had sought permission to run up to 5,000 vehicles across Clark County. The approval restricts operation to a regulator-approved geofenced area on the Las Vegas Strip, caps speed at 45 miles per hour and bars passenger pickups at Harry Reid International Airport. Any increase above 10 vehicles requires additional approval.

World

Big tech CEOs say college not essential, offer in-house training as alternative

Some big tech chief executives are urging young people to consider paths other than college, Axios reported on Aug. 15. The CEOs challenge the idea that a four-year degree is essential and offer their own alternative programmes. Tesla CEO Elon Musk has said college is not for learning. Palantir runs a four-month fellowship that can lead to full-time jobs, while investor Peter Thiel funds youth projects through the Thiel Fellowship.

Crypto

Saylor calls money \'economic energy\' and says bitcoin is best store

Strategy Chairman Michael Saylor described money as \"economic energy\" and argued bitcoin is the most suitable technology to store it, according to Cryptopolitan. In an essay co-written with Robert Breedlove, Saylor defined money as a technology that stores the value of labour and transfers it across time and distance. He said good money must store and move value without loss. He criticised gold and government-issued currencies, while defining bitcoin as digital monetary energy with a fixed supply of 21 million.