
The Labor Department this week confirmed what a lot of Americans have been feeling: Inflation is kind of sticking around, and higher interest rates are likely to as well. We’ll look at what that means for venture capital, which was already slow to flow. Plus, the Joe Biden administration announced a $6.6 billion deal with Taiwan-based semiconductor maker TSMC to build a third production hub in Arizona. We take a look at the ongoing rollout of the CHIPS and Science Act, which makes it all possible. But first, Tesla has settled a lawsuit in the death of a software engineer who was killed driving a Tesla while using the company’s semiautonomous driving software, Autopilot. The suit put scrutiny on Elon Musk’s claims about the software.
 
Marketplace’s Lily Jamali is joined by Jewel Burks Solomon, managing director at Collab Capital, for her take on these stories.


Tesla settles Autopilot suit, inflation spooks tech investors and Biden’s CHIPS Act pledges $6.6B for domestic chipmaking

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In October, NASA will launch the Europa Clipper spacecraft, beginning a deep-space mission to one of Jupiter’s moons to determine if it’s capable of supporting life. Marketplace’s Lily Jamali recently visited NASA’s Jet Propulsion Laboratory in Pasadena, California, where the Clipper was built, to learn more about the mission and see the spacecraft before its shipped off to Cape Canaveral, Florida, later this month.

Can life exist on Europa, Jupiter’s moon?


A massive general election is currently underway in India. It’s been described as the “largest democratic exercise in history.” And tech platforms are a big part of it. Many Indian voters get their information online, where misinformation and disinformation can spread quickly. That includes deepfakes of prominent public figures, like Bollywood actor Aamir Khan, spreading false information about who or which political parties they are endorsing. Marketplace’s Lily Jamali spoke with Raman Jit Singh Chima, Asia Pacific policy director and senior international counsel with the international human rights group Access Now, about how deepfakes and online misinformation have become a problem for voters in India. They also discuss a recent report from Access Now and Global Witness, an environmental and human rights nonprofit, about YouTube’s advertisement moderation standards in India.


Deepfakes and online misinformation in India’s election


Robotics company Boston Dynamics announced this month it is retiring its humanoid robot known as “Atlas.” The 6′, 2,330 lb robot was considered a quantum leap in robotics and was famous for parkour stunts and awkward dance moves. Debuting more than a decade ago in 2013, the Atlas robot was a part of a partnership with the Defense Department. It relied on hydraulic power, using pressurized fluid to generate movement. It could do tasks that can be challenging for humans like lifting heavy boxes and parkour. As the older Atlas lives out its golden years, Boston Dynamics has announced its successor – a smaller version of the Atlas bot that runs on electric power. Marketplace’s Lily Jamali spoke with Brian Heater, hardware editor at TechCrunch, for his take on what’s next and a look back on the original Atlas.


Atlas, forefather of humanoid robots, gives way to next generation

The noncompete clause is dead! American tech workers are poised to benefit from the Federal Trade Commission’s new crackdown on the agreements, which prevent a company’s ex-employees from working for its rivals for a specified time. Also, Tesla’s profits crashed 55%. As electric vehicle sales sputter, we wonder why more players are still speeding into the space. But first, TikTok’s top executive was defiant after the passage of a massive foreign aid package that included a directive to the company: Sell to a U.S. buyer or get banned. Marketplace’s Lily Jamali is joined by Paresh Dave, senior writer at Wired, for his take on this week’s tech news.

Tech Bytes — Week in Review: The TikTok ban, the end of noncompetes and Sony’s EV


When Jeff Bezos left Wall Street to start Amazon in 1994, the most common question he got was “What’s the internet?” Fast-forward to today, and Amazon is, of course, the country’s leading online retailer, as well as cloud services provider. In 2022, the company controlled almost 38% of the U.S. e-commerce market. Walmart, its closest competitor, had just over 6%, according to Insider Intelligence. In her new book, “The Everything War,” The Wall Street Journal’s Dana Mattioli documents the tactics she says have enabled Amazon to dominate.


Tesla settles Autopilot suit, inflation spooks tech investors and Biden’s CHIPS Act pledges $6.6B for domestic chipmaking

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