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Trollstigen, Norway, Sunset over the Trollstigen valley road
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Going Elektrisk

Norway’s EV market keeps charging ahead

Norway’s stunning roads are increasingly quiet, as EVs dominate new car sales

Tom Jones

In August, electric vehicles accounted for a genuinely staggering 94.3% share of new car sales in Norway, as the nation’s road users continue to accelerate ahead of the rest of the world when it comes to EV adoption.

There were almost 10,500 electric vehicle sales in the Scandi nation last month, compared to just 634 non-EV sales (including petrol, diesel, and hybrid models), according to the OFV, Norway’s national Road Federation. While electric vehicles have made up the majority of new car sales each year since 2020, the 94% monthly figure marks a new high even by their standards, with the Norwegian government aiming to reach a point in 2025 when every new car sold is electric or hydrogen.

Norway EVs
Sherwood News

Gas out

The adoption has been a long time in the making — since the 1990s, successive governments have introduced a range of policy measures and incentives to get Norwegian nationals onboard with the EV surge. For example, Norway’s electric vehicle drivers have benefitted from perks like free parking, various tax exemptions, cheaper toll fees, the use of bus lanes, and much more besides over the years. It helps that the country is one of the wealthiest on Earth, in part — somewhat ironically — thanks to its huge oil reserves, which have given it a gargantuan wealth fund.

While many of the benefits have been gradually repealed as adoption increased more recently, the figures suggest that Norway could be well on the way to reaching 100% zero-emission vehicle sales by next year, a full decade ahead of the EU goal.

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Jon Keegan

Report: SpaceX planning for IPO late next year

SpaceX has told investors that it is planning for an IPO in late 2026, according to a report from The Information.

Elon Musk’s rocket company is in talks for a share sale for employees and investors that would put the company’s valuation at $800 billion, making it the world’s most valuable private company, recapturing that crown from OpenAI.

Per the report, all of SpaceX including Starlink would be listed as one company, rather than spinning off Starlink, which Musk had discussed a few years ago.

Per the report, all of SpaceX including Starlink would be listed as one company, rather than spinning off Starlink, which Musk had discussed a few years ago.

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Rani Molla

Meta reignites on-again, off-again relationship with news organizations with multiple AI content licensing deals

Meta has a long and tumultuous relationship with news organizations: first flooding them with traffic, then cutting it off; declaring news a priority, then deprioritizing it in people’s feeds; even hiring its own team to curate breaking news before abruptly disbanding it.

Now it seems media companies are back in Meta’s good graces. The social media company has struck a number of content licensing deals with publishers — including USA Today, People, CNN, Fox News, and The Daily Caller — in order to use information from their articles in Meta’s AI tools, Axios reports. The company first inked an AI news deal with Reuters last year.

Meta has been integrating its AI chatbots across its suite of products, and these licensing deals, which the company reportedly plans to expand to more news organizations, will give users better access to real-time information.

Now it seems media companies are back in Meta’s good graces. The social media company has struck a number of content licensing deals with publishers — including USA Today, People, CNN, Fox News, and The Daily Caller — in order to use information from their articles in Meta’s AI tools, Axios reports. The company first inked an AI news deal with Reuters last year.

Meta has been integrating its AI chatbots across its suite of products, and these licensing deals, which the company reportedly plans to expand to more news organizations, will give users better access to real-time information.

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Cloudflare just went down again, but apparently only for 20 minutes this time

Another day, another massive network outage taking down huge sections of the internet... and, once again, the cause of the hiccup was Cloudflare.

On Friday morning, the American IT giant reported that a change made to “how Cloudflares Web Application Firewall parses requests” caused its network to “be unavailable for several minutes.”

Roughly 20 minutes later, the company said that “a fix has been implemented,” helping to soothe the stock’s losses after falling as much as 6% in premarket trading, according to Bloomberg. Shares of Cloudflare are trading about 2% lower at the time of writing.

Users reported that sites including LinkedIn, Zoom, Fortnite, Shopify, and Coinbase were all made unavailable by the outage — or at least they would’ve reported that, if Downdetector weren’t also down, per The Verge. Even so, some are still seeing issues as the service supposedly gets back on its feet.

Cloudflare went down only last month, though that time the network was down for roughly three hours and took OpenAI, X, and League of Legends with it — and that incident followed in the digitally disruptive footsteps of Amazon Web Services, which saw a major outage in October lasting some 15 hours.

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