As buy-now-pay-later startups keep raising capital, a dive into Klarna, Afterpay and Affirm’s earnings
The BNPL space is flush with consumer interest but not yet awash in profits as major players battle one another for global spend share with a glut of smaller startups hot on their heels. Venture capitalists continue to fund buy-now-pay-late.....»»
Why banks consider renewable energy to be a riskier investment than fossil fuels
The financial sector is among the world's most heavily regulated industries—and for good reason. Financial rules, which force banks to hold capital in reserve when making riskier investments, are designed to prevent financial crises. Other financia.....»»
CallRevu buys TotalCX, aims to dominate dealership calling tech
Private equity firm Serent Capital wants to grow CallRevu into a major player for retail automotive industry call monitoring analytics software......»»
Ebury botnet compromises 400,000+ Linux servers
ESET researchers released its deep-dive investigation into one of the most advanced server-side malware campaigns. It is still growing and has seen hundreds of thousands of compromised servers in its at least 15-year-long operation. The Ebury group a.....»»
Some EV startups have gone bankrupt. More are likely to follow suit
EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits......»»
Bankruptcies, cash burn and uncertainty mark latest phase for EV startups
EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits......»»
Hydrogen, battery startups had big plans in Michigan. What"s holding them back?
The fundamental question of demand — who will buy the products and when — has only become murkier in recent months as investors rein in their bets on unproven technologies, even as the federal and state dollars begin to flow more freely......»»
Former Cruise CEO Kyle Vogt returns to robotics realm
General Motor self-driving subsidiary Cruise detailed its comeback efforts Monday. Next up: the company's former CEO is raising the curtain on his own plans......»»
Linamar"s Q1 earnings an "excellent" start, but CEO warns of delays to EV programs
Canadian auto supplier Linamar recorded double-digit growth on both its top and bottom lines in the first quarter of 2024 as volumes bounced back from a slow comparable period a year earlier......»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
3 free video games you should play this weekend (May 10-12)
Looking for a free game to play? Digital Trends has rounded up three titles you can dive into this weekend......»»
Dive into app & game development with new "Apple Pathways" hub
Apple has created a new web page that acts as a hub for the various paths to developing apps for its platforms with various resources and guides.Dive into app & game development through new 'Apple Pathways' hubCalled "Apple Pathways," it provides an.....»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
3 Peacock crime dramas you should watch in May 2024
Dive into some cult classic gangster movies starring big names like Al Pacino and Robert De Niro with three Peacock crime dramas you should watch in May 2024......»»
5 key takeaways from Toyota"s record earnings report
Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»
The best games on Xbox Game Pass right now (May 2024)
From RPGs to shooters to indie hits, the list of the best games on Xbox Game Pass is massive and keeps growing. Here are the titles you should dive into first......»»
Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines
Continental swung to a loss amid delays in new programs, lower production volumes in Europe, and salary and wage inflation......»»
Mitsubishi eyes U.S. market EV from Nissan as North America takes center stage
Mitsubishi CEO Takao Kato books record operating income and says North America has swapped places with Southeast Asia to become its earnings engine......»»
No one has seen the data behind Tyson’s “climate friendly beef” claim
Millions of taxpayer dollars flow to livestock companies raising "low carbon" beef. Enlarge / The Environmental Working Group published a new analysis on Wednesday outlining its efforts to push the USDA for more transparency, inc.....»»
Another smart home company fails, underlines importance of HomeKit or Matter compatibility
Smart home company Brilliant has announced that it has run out of money, after failing to raise more capital in an attempted funding round. While its smart home controllers and light switches continue to work for now, there’s no guarantee that.....»»
CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production
Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»