As BNPL startups raise, a look at Klarna, Affirm and Afterpay earnings
To better understand what's going on with the companies hoping to help you finance your next mistaken purchase, let's check out earnings results from Klarna, Afterpay and Affirm. As the e-commerce market grows, startups are racing to help o.....»»
Lithia"s captive finance company Driveway Finance turned a Q2 profit
Lithia Motors Q2 2024 earnings: After just a few years of operation, Lithia's relaunched captive finance car loan company Driveway Finance Corp. turned a profit during the second quarter and was on track to stay that way......»»
Against all odds, an asteroid mining company appears to be making headway
"It's not easy to ever raise for an asteroid mining company, right?" Enlarge / The Odin spacecraft passed vibration testing. (credit: Astro Forge) When I first spoke with space entrepreneurs Jose Acain and Matt Gialich a.....»»
Climate Change’s Latest Deadly Threat: Lightning Strikes
In rural India, stormy weather, a lack of knowledge, and scant protections are combining to kill thousands every year, with climate change likely to raise the threat as lightning becomes more common......»»
Apple honors 108 years of the National Park Service with Apple Pay donations
Apple is commemorating the 108th anniversary of the US National Park Service by launching a campaign to raise funds through Apple Pay donations.Apple honors 108 years of the National Park Service with Apple Pay donationsFrom August 19 through August.....»»
Cape Cod scientists delay controversial climate change project after feds raise concern
Cape Cod scientists are delaying a geoengineering project that looks to dump more than 60,000 gallons of sodium hydroxide into the ocean and has caught federal concerns around potential impacts on the ecosystem......»»
Video dominates mobile app revenue; TikTok coins reward live streamers
Video dominates mobile app revenue, according to a new report. Of the total $3.8B smartphone owners spent on entertainment apps last quarter, three billion of it was spent on streaming and short video apps. The most dramatic growth in earnings was.....»»
Stellantis shareholders sue automaker in U.S. after disappointing earnings
The complaint said Stellantis artificially inflated its stock price for much of 2024 by making "overwhelmingly positive" assessments about inventories, pricing power, new products and operating margin......»»
CDK cyberattacks dampen public dealership groups" Q2 numbers
The June 19 CDK cyberattacks significantly dampened earnings or created noteworthy short-term financial setbacks for five of the six public dealership groups......»»
Study reveals mechanism used by tegu lizard to raise own temperature
A group of scientists has revealed the mechanism whereby Salvator merianae—the black and white tegu, also called the Argentine giant tegu—is able to keep warm by raising its own body temperature during the reproductive season even while it is in.....»»
What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?
What"s Next for Super Micro Computer After Stock"s 20% Post-Earnings Plunge?.....»»
Reddit might start putting some subreddits behind paywalls
Following the announcement of the company’s Q2 results on Tuesday afternoon, Reddit CEO Steve Huffman spoke to shareholders and answered questions in an earnings call. … The post Reddit might start putting some subreddits behind paywalls.....»»
The music industry is suing 2 hot AI startups. They’ve invoked Taylor Swift in their defense
The music industry is suing 2 hot AI startups. They’ve invoked Taylor Swift in their defense.....»»
Disney has “earned” latest streaming price hike, CFO says
Disney is "not concerned" about blowback from higher prices, per CEO. Enlarge / A scene from Secret Invasion, a Disney+ exclusive. (credit: Marvel) Yesterday, The Walt Disney company announced it will soon raise prices.....»»
iPad Pro updates ignite consumer interest, giving a giant boost to sales
Customers are opting for the high-end iPad Pro models, driving an increase in sales and renewed interest in Apple's tablet line.iPad Pro refresh helped Apple beat earnings expectationsIn May 2024, Apple launched new iPad Pro and iPad Air models, feat.....»»
Some subreddits could be paywalled, hints Reddit CEO
Reddit CEO Steve Huffman has hinted that in future some subreddits could be paywalled, as the company seeks to devise new sources of income. Huffman raised the prospect during an earnings call in which he said Reddit would also be testing AI-power.....»»
Study shows renewables raise food prices
As countries including Aotearoa New Zealand embrace renewable energy production, a recent study sheds light on some overlooked impacts of this transition......»»
Disney+, Hulu, and ESPN will cost more in October
One year after the last price hike, Disney is raising the price of its subscription services, with Disney+, Hulu, and ESPN all set to bill viewers more in October.Disney+ bannerStreaming services often raise the price of their subscriptions. Accordin.....»»
Asbury Automotive sells Colorado, Georgia Nissan car dealerships
Asbury Automotive Group Inc. sold one Colorado dealership and one Georgia store during the second quarter, the dealership group said in its earnings report Aug. 2. The locations have been renamed Alpine Nissan of Denver and Nissan of Cumming......»»
AI-fueled phishing scams raise alarm ahead of U.S. presidential election
Highlighting growth of phishing and digital scams targeting United States citizens, Bolster released a research that identified 24 separate nation-state threat actor groups attempting to exploit rising political tensions across the US to interfere wi.....»»
EV delays, changing plans dim suppliers" financial outlooks
Suppliers said automakers' rapidly shifting electrification plans will weigh on their future earnings as they make fewer parts for electric vehicles than they were banking on......»»