"We Probably Pissed Away $200 Million," Better.com CEO Told Employees In Layoffs Meeting
When Better.com CEO Vishal Garg laid off 900 employees, or about 9% of the company's staff, in early December, the startup world was shocked with his callous delivery. Now a video of Garg and CFO Kevin Ryan addressing the remaining employees right af.....»»
Daily 5 report for Sept. 24: EV realities set in at Automotive News Congress
It's not all doom and gloom despite EV sales not meeting growth expectations, but clearly the time for happy talk has ended......»»
Bottled water has a huge and growing toll on human and planetary health, experts warn
The huge and growing toll bottled water is taking on human and planetary health warrants an urgent rethink of its use as 1 million bottles are bought every minute around the globe, with that figure set to rise further still amid escalating demand, wa.....»»
In the room where it happened: When NASA nearly gave Boeing all the crew funding
"In all my years of working with Boeing I never saw them sign up for additional work for free." Enlarge / But for a fateful meeting in the summer of 2014, Crew Dragon probably never would have happened. (credit: SpaceX).....»»
Tesla supplier goes bankrupt after $30M verdict in defective parts lawsuit in Ohio
Wrena filed for voluntary Chapter 11 bankruptcy in U.S. Bankruptcy Court with liabilities between $10 million and $50 million......»»
How cyber compliance helps minimize the risk of ransomware infections
Over the past decade, ransomware has been cemented as one of the top cybersecurity threats. In 2023 alone, the FBI received 2,385 ransomware complaints, resulting in over $34 million in losses. To help businesses combat ransomware and other threats,.....»»
Auto supplier goes bankrupt after $30M verdict in defective parts lawsuit
Southfield, Mich.-based automotive supplier Wrena LLC filed for bankruptcy Monday with the intention of selling the business after being ordered to pay $30 million in a lawsuit over defective parts. The company petitioned for voluntary Chapter 11.....»»
Prepare to be entertained by latest action-packed Gladiator II trailer
"You have something in you. Rage. Never let it go." Are you not entertainment? We've got a shiny new trailer for Gladiator II. When the first trailer for Gladiator II dropped in early July, it racked up more than 180 million views i.....»»
11 million devices infected with botnet malware hosted in Google Play
Necro infiltrated Google Play in 2019. It recently returned. Enlarge (credit: Getty Images) Five years ago, researchers made a grim discovery—a legitimate Android app in the Google Play market that was surreptitiously.....»»
Dealerships can start filing claims in CDK antitrust settlement
An Illinois federal judge has granted preliminary approval for CDK's agreement to pay $100 million to resolve a class-action antitrust lawsuit......»»
Qualcomm reveals major layoffs, hundreds of workers let go
Qualcomm to lay off 226 workers from 16 facilities, including several vice presidents from its San Diego HQ......»»
Colombia"s Inirida flower: from "weed" to emblem for UN meeting
When Ruben Dario Carianil began cultivating the unusual, pointy Inirida flower in the Colombian Amazon ten years ago, his relatives made fun of him for growing "weeds.".....»»
Motel 6 sold to Indian hotel operator for $525 million
Motel 6 sold to Indian hotel operator for $525 million.....»»
One dead, 7 missing as heavy rains trigger floods in central Japan
One person was killed and at least seven were missing on Saturday, officials said, as "unprecedented" rains triggered floods and landslides in Japan's quake-hit region of Ishikawa, where authorities told tens of thousands to evacuate......»»
GM to begin layoffs at Kansas plant in November as Malibu production ends
The plant will be down for retooling from January until the middle of 2025, when it will start building the next-generation Chevrolet Bolt EV and resume production of the Cadillac XT4......»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Auto supplier plans to invest $78.8M at former Stellantis plant in Detroit
Laepple Automotive plans to invest $78.8 million into the former Stellantis Mount Elliott Tool and Die site on Detroit' east side......»»
Stellantis chair Elkann targeted in $84 million seizure over alleged tax fraud
An Italian judge has seized assets worth around $84 million from five people including Stellantis and Ferrari Chair John Elkann......»»
Deforestation in the Amazon is driven more by domestic demand than by the export market, finds study
Brazilian Legal Amazonia (BLA)—which comprises the entirety of the Amazon Basin located in Brazil and vast adjacent swathes of the Cerrado, spanning nine states—is more than 5 million square kilometers (km2) in area and corresponds to almost 60%.....»»
Hubble lights the way with new multiwavelength view of galaxy NGC 1559
The magnificent galaxy featured in this NASA/ESA Hubble Space Telescope image is NGC 1559. It is a barred spiral galaxy located in the constellation Reticulum, approximately 35 million light-years from Earth. The brilliant light captured in the curre.....»»
Astronomers just detected the biggest black hole jets ever seen—and named them Porphyrion
The largest known black hole jets, 23 million light years across, have been discovered in the distant universe. This pair of particle beams launched by a supermassive black hole is over a hundred times larger than our galaxy, the Milky Way......»»