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New York Knicks end era with Tom Thibodeau after 5 strong seasons — right move?  Fox News Video

New York Knicks end era with Tom Thibodeau after 5 strong seasons — right move? Fox News Video

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Jony Ive's LoveFrom helped design Rivian's first electric bike
Jony Ive's LoveFrom helped design Rivian's first electric bike

TechCrunch

time23 minutes ago

  • TechCrunch

Jony Ive's LoveFrom helped design Rivian's first electric bike

Lovefrom, the creative firm founded by former Apple chief designer Jony Ive, played a role in the development of Rivian's first electric bike, according to multiple sources who spoke to TechCrunch. For about 18 months, a handful of LoveFrom staff worked alongside Rivian's design team and engineers within a skunkworks program led by Specialized's former chief product and technology officer Chris Yu. LoveFrom's work on the micromobility project ended in fall 2024, according to the sources. LoveFrom and Rivian declined to comment. Rivian's skunkworks program, which eventually grew to a team of about 70 people hailing from Apple, Google, Specialized, Tesla, REI Co-Op, spun out earlier this year with a new name and $105 million in funding from Eclipse Ventures. The micromobility startup, called Also, has yet to show off its first vehicle designs. In interviews with TechCrunch, Rivian founder and CEO RJ Scaringe (who is on Also's board) and Yu were cagey about what the new company's first vehicle would look like. 'There's a seat, and there's two wheels, there's a screen, and there's a few computers and a battery,' Scaringe said in March. He has also said it will be 'bike-like,' a description confirmed by sources. But both Scaringe and Yu spoke of a much bigger vision for Also, one where it could theoretically tackle almost any imaginable micromobility form factor. The new company is supposed to reveal its first designs at an event later this year. An Also spokesperson declined to comment about its bike or any connection to LoveFrom. Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW When the electric 'bike' is revealed, it's possible that Ive's fingerprints will be all over it. Ive is best-known for being the design force behind the iPhone and myriad other Apple products, and most recently, his work with Sam Altman and OpenAI. But his collaboration with Rivian is not his first foray into the transportation industry. The parent company of Ferrari announced in 2021 that Ive's firm would help develop the Italian supercar manufacturer's next-generation vehicles. Ive was also involved with Apple's secretive car project. He was reportedly one of the main proponents for centering Apple's long-running car project around autonomy, whereas other people inside the company pushed for a more traditional electric car. Apple abandoned that project early last year. Sources told TechCrunch that Ive's LoveFrom has acted as a consultant for Rivian in the past, including on the company's redesigned infotainment system and retail, among other areas, according to two former employees with knowledge of the relationship. But its involvement in what would become Also was a more structured and dedicated effort, another source familiar with the relationship said. The skunkworks program began taking shape in early 2022 with a directive to explore whether Rivian's EV technology could be condensed down into something smaller and more affordable than its electric vans, trucks, and SUVs. Initially, the small team worked with Rivian designers to develop a product that could scale to different types of vehicles. A key design challenge was how to make the bike-like product modular while still maintaining the elevated aesthetics Rivian has become known for. By the time LoveFrom got involved in the project in early 2023, a lot of work had been completed, according to sources who said they helped refine the prototypes. The relationship was described as a 'pretty tight' collaboration between the skunkworks team, LoveFrom's staff, and the industrial designers based out of Rivian's headquarters in Irvine. This group looked at everything including the user interface and UX for the bike. The industrial design team at LoveFrom, which has a lot of experience with thoughtful and clever packaging, was particularly involved, according to one source, who noted the team brought an interdisciplinary and international perspective to the project.

Contraceptives for Poorest Countries Stuck in Warehouses After US Aid Cuts
Contraceptives for Poorest Countries Stuck in Warehouses After US Aid Cuts

Medscape

time24 minutes ago

  • Medscape

Contraceptives for Poorest Countries Stuck in Warehouses After US Aid Cuts

LONDON (Reuters) -Contraceptives that could help prevent millions of unwanted pregnancies in some of the world's poorest countries are stuck in warehouses because of U.S. aid cuts and could be destroyed, two aid industry sources and one former government official said. The stock, held in Belgium and Dubai, includes condoms, contraceptive implants, pills and intrauterine devices, together worth around $11 million, the sources told Reuters. It has been stalled since the Trump administration started cutting foreign aid as part of its 'America First' policy in February, as the U.S. government no longer wants to donate the contraceptives or pay the costs for delivery, they said. The U.S. Agency for International Development (USAID) has instead asked the contractor managing its health supply chain, Chemonics, to try to sell it, two of the sources said. An internal USAID memo, sent in April, said a quantity of contraceptives was being kept in warehouses and they should be "immediately transferred to another entity to prevent waste or additional costs". A senior U.S. State Department official told Reuters no decision had been made about the future of the contraceptives. They did not respond to questions about the reasons why the contraceptives were in storage or the impact of the U.S. aid cuts and delays. A spokesperson for Chemonics said they were unable to comment on USAID's plans, but added that the company is working with clients to deliver life-saving aid globally and would continue to support the U.S. government's global health supply chain priorities. The stock represents just under 20% of the supply of contraceptives bought annually by the U.S. for donation overseas, a former USAID official told Reuters. Selling or donating the contraceptives has been challenging, according to the former USAID official, although talks are ongoing. Another option on the table is destroying it, at a cost of several hundred thousand dollars. As time goes on, shelf-lives will also become an issue, one of the sources said. The sources told Reuters that one of the key delays is a lack of response from the U.S. government about what should be done with the stock. It had been destined largely for vulnerable women in sub-Saharan Africa, including young girls who face higher health risks from early pregnancy as well as those fleeing conflict or who otherwise could not afford or access the contraceptives, the sources added. The condoms also help stop the spread of HIV, the former USAID official said. "We cannot dwell on an issue for too long; when urgency and clarity don't align, we have to move on," said Karen Hong, chief of UNFPA's supply chain. She said the agency is now working on Plan B to help fill critical supply gaps. (Reporting by Jennifer Rigby; Editing by Andrew Heavens)

Warren, Wyden warn Trump policies could ‘decimate retirees' savings'
Warren, Wyden warn Trump policies could ‘decimate retirees' savings'

Yahoo

time24 minutes ago

  • Yahoo

Warren, Wyden warn Trump policies could ‘decimate retirees' savings'

Democratic Sens. Elizabeth Warren (Mass.) and Ron Wyden (Ore.) are pressing the Trump administration over the impact the president's sweeping trade policies will have on the finances of retirees and people close to retirement. 'The economic chaos triggered by President Trump's disastrous tariff policy has the potential to decimate retirees' savings,' they wrote in a letter to the White House on Friday that was obtained by The Hill. 'Simultaneously, the Trump Administration has taken a wrecking ball to the Social Security Administration (SSA), limiting seniors' access to their hard-earned benefits.' 'In doing this, the Trump Administration is making it harder for seniors across the country to make ends meet,' they added. Warren, 75, is the ranking member of the Senate Banking Committee, and Wyden, 76, is the top Democrat on the Finance Committee. The duo addressed the letter to Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer and Social Security Commissioner Frank Bisignano. The White House didn't immediately respond to The Hill's request for comment. Fidelity Investments, the largest provider of 401(k) plans in the U.S., reported this week that average 401(k) balances fell 3 percent to $127,100 during the first three months of the year. It said average individual retirement account (IRA) balances fell 4 percent to $121,983. The financial services giant said the slumps were primarily 'a result of market swings,' which have been widely attributed to Trump's unpredictable shifts on tariffs this year. 'President Trump's trade policy is creating economic chaos,' Warren and Wyden wrote in their letter to Cabinet officials, citing recent remarks from the Federal Reserve's Federal Open Markets Committee and Federal Reserve chair Jerome Powell about the nation's economic outlook amid Trump's tariff swings. 'Of the 57 million retirees in this country, 77 percent rely on a combination of their savings — often in the form of a 401(k) — and Social Security benefits,' they continued in the letter. Their letter highlighted cuts to the SSA from the White House's Department of Government Efficiency (DOGE). Dozens of Social Security offices across the country are expected to close this year as part of DOGE's federal government makeover. The senators have asked Trump officials to provide them with details by Monday on whether the administration has conducted analyses of how the tariff policies are impacting retirees and inflation, as well as how DOGE cuts will impact the ability to access retirement benefits and whether the administration plans to offer additional support on seniors living on fixed incomes. The White House said earlier this week that the administration sent letters to countries to remind them that the president wants to broker more favorable trade deals while his tariffs are temporarily paused. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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