The US and the West are facing the blowback of sanctions against Russia, economist says

Tech Insider
Oil prices

Craig Hastings/Getty Images

  • The West's sanctions against Russia triggered a "dramatic" inflation problem. 
  • That's according to economist Jeff Rubin, who says the US is feeling the blowback of its economic war on Russia. 
  •  

The US miscalculated when it imposed harsh sanctions on Russia, and not only has Vladimir Putin's economy weathered the impact, but the West is facing the negative effects of

Economy, Economy

US Pacific bases and aircraft are wildly vulnerable to Chinese missile barrages that could overwhelm defenses, lawmakers warn

Tech Insider
U.S. Air Force and Navy and Japanese air force aircraft perform a wing capabilities demonstration during a readiness exercise at Misawa Air Base, Japan, May 13, 2022.
U.S. Air Force and Navy and Japanese air force aircraft perform a wing capabilities demonstration during a readiness exercise at Misawa Air Base, Japan, May 13, 2022.

Air Force Airman 1st Class Leon Redfern

  • US bases and aircraft are extremely vulnerable to Chinese missiles, American lawmakers warned in a new letter.
  • US Pacific bases lack sufficient passive defenses, including hardened aircraft

Bungie’s classic sci-fi shooter Marathon is now free on Steam

The Verge
A screenshot from the video game Marathon.
Image: Bungie

Before there was Halo and Destiny, there was Marathon — and now Steam users can check out the classic sci-fi shooter for themselves. Bungie just announced that the first game in the original trilogy has surprise-dropped on Steam, and it’s available on both Mac and PC. Even better, you can play it for free.

The game is actually credited to Aleph One Developers

Biden really, really doesn’t want China to flood the US with cheap EVs

The Verge
Chinese Electric Car Maker Nio’s 500,000th Vehicle Rolls Off The Production Line In Hefei
Photo by Zhang Dagang / VCG via Getty Images

Who’s afraid of China’s electric vehicles? President Joe Biden.

The president is preparing to announce higher tariffs on imported Chinese EVs, effectively closing out the possibility that the country will be able to afford to import its much cheaper and, in many cases, more desirable plug-in vehicles to the United States.

Accord

China is likely to hit back against US tariffs on electric vehicles, Wedbush's Dan Ives says

Tech Insider
Musk in China
Tesla boss Elon Musk (L) walks with Shanghai Mayor Ying Yong during the ground-breaking ceremony for a Tesla factory in Shanghai on January 7, 2019.

STR via Getty Images

  • The Biden administration is set to raise tariffs on China EVs from 25% to roughly 100%.
  • Wedbush's Dan Ives told Bloomberg on Friday that China is very likely to retaliate against the move. 
  • Ives said rising competition from cheap
Economy

EA is prototyping in-game ads even as we speak

The Verge
An image showing the EA logo on a red and black background
Illustration: Alex Castro / The Verge

Electronic Arts has a long, storied history of trying to wring more money out of gamers after they’ve purchased a game — now, it appears, the company’s hard at work on its next generation of in-game ads.

EA CEO Andrew Wilson admitted as much on the company’s Q4 earnings call: when an analyst asked about “the market opportunity for more

Bumble Founder Shares Odd Future of Dating: Your AI Dates My AI

Gizmodo

Bumble Founder and Executive Chair Whitney Wolfe Herd defended her dating app’s current and upcoming AI features on stage in San Francisco on Thursday. She went on to describe a version of the future where “AI-dating concierges” message each other on a human’s behalf.

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