Tesla to lay off more than 10 percent of its workers as sales slow
"Cost reductions and increased productivity" needed, says Musk. Enlarge / Tesla's Shanghai factory in 2023. (credit: VCG/VCG via Getty Images) Times are starting to get tough for Tesla. The electric vehicle automaker ha.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple blows away Wall Street earnings guesses, even with weak China iPhone sales
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.Apple CEO Tim CookFollowing after the improved Q1 2024 results, Apple has issued its Q2 results. Typically the second quart.....»»
Wear OS’s big comeback continues; might hit half of Apple Watch sales
Counterpoint Research projects 27 percent market share this year to Apple's 49. Enlarge / The Samsung Watch 6 classic. (credit: Samsung) Wear OS was nearly dead a few years ago but is now on a remarkable comeback traject.....»»
Tesla interns say offers are getting revoked weeks before their start date
Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in......»»
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»
London"s runaway horses remind us that animals are workers too
The extraordinary sight of five horses galloping through London, sweating and covered in blood, caused the hashtag #Apocalypse to trend briefly on social media last week......»»
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales an.....»»
AM radio law opposed by tech and auto industries is close to passing
A recent test of the emergency alert system found only 1 percent got it via AM. Enlarge / Congress provides government support for other industries, so why not AM radio? (credit: Getty Images) A controversial bill that.....»»
Xiaomi has Already Sold more than 7,000 Cars
The sales figures were publicly announced by company CEO Lei Jun. The post Xiaomi has Already Sold more than 7,000 Cars appeared first on Phandroid. After a recent announcement regarding its projected EV sales numbers for 2024, Chinese man.....»»
iPhone 15 Pro is unexpectedly the sales champion of spring 2024
Historically, the "Pro" iPhone models get passed by the lower-end model in the spring — but so far 2024 is very different.iPhone 15 loses market share despite series' overall successThe second full quarter since the release of Apple's iPhone 15 ser.....»»
Survey: Most workers feel that AI can"t replace soft skills
A new survey from Wiley suggests workers do not feel artificial intelligence (AI) will be replacing the art of communication in the workplace......»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
AMD’s graphics card sales just took a nosedive
AMD just reported its financial results for the first few months of 2024, and its gaming business isn't doing so hot......»»
Samsung has the smartphone sales top spot, but not because of AI or Apple weakness
Samsung has taken the lead in smartphones sales in the first quarter of 2024 as it has for the last few years, but it's not really about AI nor Apple iPhone weakness.iPhone 15 Pro Max vs Samsung Galaxy S24 UltraThere's new smartphone sales data for t.....»»
AI video throwdown: OpenAI’s Sora vs. Runway and Pika
Workers in animation, advertising, and real estate test rival AI systems. Enlarge (credit: FT) OpenAI has been showcasing Sora, its artificial intelligence video-generation model, to media industry executives in recent w.....»»
Porsche study concludes aluminum could reduce Taycan weight, increase manufacturing simplicity
The study by Alumobility found switching the electric Taycan's top hat structure to all-aluminum could cut down on weight by about 40 percent......»»
Credit Acceptance Q1 net income down 35%; loan volume grows
Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»
Tesla Supercharger growth to slow, CEO Elon Musk says, after mass layoffs
"Tesla still plans to grow the Supercharger network, just at a slower pace for new locations," Musk said, following media reports that the automaker slashed its team dedicated to the charging network......»»
What’s new in May 2024: 7 games that you need to play this month
This May might sound like a slow month for games on paper, but it might end up being one of 2024's best......»»
Hyundai, Kia sales slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»