Asustek eyeing a breakeven in 2Q23 after two consecutive quarters of losses
Asustek Computer, as expected by the market, remained in the red in the first quarter of 2023, but its operating losses narrowed to NT$1.682 billion (US$54.57 million) from NT$3.823 billion of a year earlier, with the prospect it may have a chance to.....»»
CrowdStrike cause revealed; small print may protect it from lawsuits
The cause of the CrowdStrike mess has been revealed by the company, together with the steps it has taken to ensure nothing similar can happen again. The company is facing a deluge of lawsuits over the estimated $5B worth of financial losses incurr.....»»
TrueCar"s Q2 net losses decrease thanks to higher dealer franchise revenue
The CDK cyberattacks caused some impact, but the vehicle listings company reduced losses, grew revenue and formally launched its enhanced TrueCar+ pilot......»»
GM’s Detroit agency cuts expected to cause big job losses — how one shop is helping talent recover
Doner pledges $1 million to hire Detroit talent as part of broader #HireDetroit program......»»
GM’s Detroit agency cuts expected to cause big job losses—how one shop is helping talent recover
Doner pledges $1 million to hire Detroit talent as part of broader #HireDetroit program......»»
Berkshire Hathaway may have continued its streak of selling off Apple stock
Well ahead of Thursday's earnings, the "Oracle of Omaha's" Berkshire Hathaway may have sold a very large quantity of Apple stock, marking the third consecutive quarter of big sales volumes.Warren Buffett [Berkshire Hathaway]Apple stock has had an int.....»»
Yellowstone spinoff: Michelle Pfeiffer, Kurt Russell, others in talks to join cast
The upcoming Yellowstone spinoff is eyeing Michelle Pfeiffer and Kurt Russell to join the series in leading roles......»»
Boeing’s Starliner has cost at least twice as much as SpaceX’s Crew Dragon
"Risk remains that we may record additional losses in future periods." Enlarge / A Starliner spacecraft departs Boeing's spacecraft processing facility before the program's first orbital test flight in 2019. Boeing anno.....»»
Stellantis says it will keep Maserati despite the brand"s heavy losses
Stellantis said it has an 'unwavering commitment' to Maserati despite a warning from the group's CEO Carlos Tavares that if the company's brands "don't make money, we'll shut them down.".....»»
Some good may come out of the CrowdStrike outage
Estimated financial losses due to the recent massive IT outage triggered by the faulty CrowdStrike update are counted in billions, but the unfortunate incident is having several positive effects, as well. Some silver linings As CrowdStrike was forced.....»»
Some dealer customers want higher CDK cyberattacks compensation
CDK said dealers it has spoken with have been ‘grateful and appreciative' of compensation offer. But some affected dealers said it doesn't cover their losses......»»
Early CDK Global DMS return helped ease Group 1"s Q2 losses
The auto retailer estimates it lost $17 million in pretax income in the second-quarter due to the CDK outage......»»
4 takeaways from the latest U.S. EV registration data, including Tesla"s tumble
Tesla's registrations fell for a fourth consecutive month, but its rivals managed double-digit gains in May to keep the EV segment growing at 9.6 percent overall......»»
Sustainable irrigation critical to recovery of Ukrainian farms, a major global exporter of grain and oilseeds
By the middle of the century, three-quarters of Ukrainian croplands—a critical source of the world's grain and oilseeds—will experience water shortages due to the combination of climate change and infrastructural damage caused by the Russian inva.....»»
Ally Q2 net income slips 11%; auto income down 19%
Ally Financial's net income fell 11 percent in the second quarter as the bank set aside more money in case of losses, experienced higher expenses and drew less net revenue from financing......»»
Prime Day true wireless earbud deals: Apple, Sony, Bose, JBL, more
Want some earbuds for Prime Day? These are the deals that we're eyeing from Apple, Sony, and more......»»
LogRhythm’s enhancements boost analyst efficiency
LogRhythm announced its 9th consecutive quarterly release. In the AI-ready world, LogRhythm empowers security teams with the highest integrity data in the security industry to enhance the output of the AI tools used to defend organizations from cyber.....»»
Fake iPhone return scam cost Apple $12 million in losses, five people charged of fraud
We have seen these kind of scams before, but this particularly case is on a ginormous industry-like scale. Five people have been charged on counts of fraud for their involvement in a fake iPhone return scheme. Essentially, people would take near-w.....»»
Food safety, quality review summarizes sustainable seafood preservation to minimize waste, losses
Seafood is in high demand across several regions of the world. Moreover, this demand for seafood is expected to surge by a whopping 56% by 2050. Given the high moisture content and susceptibility of seafood to microbial and biochemical decay, it ofte.....»»
GPT"s inaccuracies in agriculture could lead to crop losses and food crises
Dr. Asaf Tzachor, Founder of the Aviram Sustainability and Climate Program at Reichman University, along with researchers from the US, UK, Kenya, Nigeria, and Colombia, scrutinized the reliability of the information and professional advice provided b.....»»
How to protect your parents, family (and yourself) from scam calls and fraud
In 2023, US residents over 60 lost $3.4 billion to fraudsters, and 87% of those losses were linked to personal information theft – here’s how to stop scam calls. more….....»»