Thursday morning news drop
Bank of Canada hikes rate to 2.5%. Here's what it means for you Central bank is aggressively moving up lending rates to fight runaway inflation (CBC)
How Google Maps is ruining your neighbourhood Google Maps is a common tool for finding the best route, but the platform's recommendations have caused small-road traffic to worsen. (Citimonitor)
There's a great Dijon mustard crisis and Canada is a big part of the cause The heatwave last year cut the crucial Canadian mustard seed exports by half (National Post)
How Elon Musk Damaged Twitter and Left It Worse Off Mr. Musk swooped in and exposed Twitter’s lack of business and financial prospects. After criticizing the company’s weaknesses, he now wants to back out of buying it. (New York Times)
The People Who Are Finding God Through, and in, Bitcoin: As the price of Bitcoin has crashed more than $40,000 in the past year, at times down more than 70% from its peak, some have prophesied the death of crypto. Perhaps there is no better rebuttal to these predictions of cryptocalypse than this sect of Christian Bitcoiners, whose crypto-conviction echoes a more familiar, unshakeable religious faith. (Slate)
TikTok is full of shady secret advertisements: Influencers are supposed to disclose their ads, but nothing happens when they don’t. (Vox)
Hyundai Quietly Climbs the EV Sales Charts and Elon Musk Notices The hottest electric cars in the US market aren’t coming from Tesla factories. All eyes are on Hyundai’s Ioniq 5 and the Kia EV6. (Bloomberg)
NASA’s James Webb telescope captures groundbreaking images of distant galaxies. The universe’s splendor and breadth are on display like never before, thanks to a new batch of images that NASA released from the James Webb Space Telescope on Tuesday. The images from the new telescope are “really gorgeous,” said NASA’s Jane Rigby, the operations project scientist for the James Webb Space Telescope. (NPR)