AirPods Pro production stop hammers Goertek"s revenue by 60%
Apple's production order changes for second-generation AirPods Pro has severely impacted assembler Goertek's finances, with it seeing a 60% cut in revenue for the year.Apple AirPods Pro 2Goertek, an audio component producer and assembler of AirPods f.....»»
Apple"s iPhone factory shift has left a ghost town behind in China
Foxconn is closing factories in China as iPhone production moves elsewhere, and impacts beyond industry have been made crystal clear in a new video.A Foxconn facility signApple has long operated its production in China, but in recent years it has bee.....»»
Meta to face EU probe for not doing enough to stop Russian disinformation
Insufficient moderation of political ads risk undermining electoral process. Enlarge (credit: FT) Brussels is set to open a probe into Meta’s Facebook and Instagram as soon as Monday over concerns the social media gian.....»»
If plastic manufacturing goes up 10%, plastic pollution goes up 10%—and we"re set for a huge surge in production
In the two decades to 2019, global plastic production doubled. By 2040, plastic manufacturing and processing could consume as much as 20% of global oil production and use up 15% of the annual carbon emissions budget......»»
Kuxiu launches new Limited Edition-Wood Grain lineup of 3 in 1 chargers
I have been using Kuxiu chargers for years now, primarily for travel. Their X55 series of chargers still has the best price-to-performance ratio of any charger on the market. For less than $40, you get a charger that chargers your iPhone, AirPods, an.....»»
BMW to invest another $2.76 billion in China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»
Why Germany ditched nuclear before coal—and why it won’t go back
The past year has seen record renewable power production nationwide. Enlarge / Jürgen Trittin, member of the German Bundestag and former environment minister, stands next to an activist during an action of the environmental orga.....»»
Tesla"s plan for affordable cars takes page from Detroit rivals
Tesla has said it will use a current platform and production lines to produce what it called "more affordable" models by early next year......»»
AirPods Issues Irritating Users
We’ve been tracking issues with Apple hardware and software in April in an effort to spread awareness and today we want to take a look at AirPods issues plaguing users in the U.S. and elsewhere. Complaints about issues with Apple’s AirPod.....»»
BMW to invest a further $2.76 billion in key market China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
Chevy prices entry-level gasoline Equinox below $30,000
Chevy redesigned its bestselling crossover and No. 2 U.S. nameplate for a fourth generation. Production is expected to begin midyear......»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Economic growth tops the priority list for Canadian policymakers: Here"s why
Canada is currently experiencing anemic economic growth, meaning there is a slowdown in the total production of goods and services per capita. The real GDP growth forecast for 2024 is 0.7 percent......»»
Scholars explain the ideology that says technology is the answer to every problem
Silicon Valley venture capitalist Marc Andreessen penned a 5,000-word manifesto in 2023 that gave a full-throated call for unrestricted technological progress to boost markets, broaden energy production, improve education and strengthen liberal democ.....»»
Mobileye quarterly loss widens, revenue plunges as chip orders decline
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory. .....»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Stop! And watch these 3 great movies leaving Netflix by May 1
Watch these three films leaving Netflix by May 1. Our picks include a biopic about the King of Rock and Roll and a sci-fi blockbuster from Steven Spielberg......»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Philippine court blocks GMO "golden rice" production over safety fears
A Philippine court has blocked the commercial propagation of genetically modified golden rice because it said conflicting scientific views gave rise to "severe" health and environmental safety concerns......»»