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Industry

Tesla FSD V14 improves self-driving but still struggles with parking and reversing

Tesla\'s FSD V14 shows a big improvement over the previous version in real-world driving, a user review said, handling lane centering, turns and obstacle avoidance more steadily. The system was closer to managing a trip from start to destination on its own, but it still struggled with choosing parking spots, reversing and judging lanes at intersections. The review also cited limits in rear recognition and map accuracy as obstacles to unsupervised self-driving.

Crypto

U.S. Treasury considers using $950 billion cash balance for Treasury buybacks, bitcoin seen benefiting

The U.S. Treasury is reviewing whether to use the government’s General Account balance held at the Federal Reserve as funding for long-term Treasury buybacks. Using about $950 billion could help stabilise long-term rates and influence the bitcoin market. After the Treasury outlined plans to expand buybacks, bitcoin rose about 23% on the week to around $79,000, alongside inflows to U.S. spot bitcoin ETFs. Treasury market scepticism persists over the impact on long-term yields.

Games & Commerce

U.S. food delivery demand holds up despite cautious consumers

U.S. consumers are becoming more cautious with spending, but they are still paying for food and grocery delivery, an analysis showed. DoorDash, Uber Eats and Instacart reported strong second-quarter results, signaling resilient demand. The trend contrasts with signs of a broader slowdown, including a July drop in retail sales and slower growth at Walmart’s U.S. stores. Consumers cited time savings as the main reason for paying delivery fees, though some said they have cut back.