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Auto Supplier Goes Bankrupt After 30m Verdict In Defective Parts Lawsuit - Latest Technology News | TechNewsNow.com :: TechnewsNow.com
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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.....»»

Category: topSource:  autonews16 hr. 35 min. ago

CEOs of Nvidia, suppliers highest-paid leaders in 2023 compensation analysis

The median CEO compensation across auto industry sectors in 2023 declined 2.5 percent year over year to about $11.3 million......»»

Category: topSource:  autonewsRelated NewsAug 26th, 2024

Apple taps LG Innotek for all iPhone 16 Pro and iPhone 16 Pro Max tetraprism lenses

The main manufacturer of tetraprism lenses for the iPhone 15 Pro Max is now said to initially be the sole supplier of it for the iPhone 16 Pro and iPhone 16 Pro Max.Camera lenses on the iPhone 15 Pro MaxBacking up the expectation that the iPhone 16 P.....»»

Category: appleSource:  appleinsiderRelated NewsAug 26th, 2024

Threads testing new option for temporary 24 hour posts

Meta began experimenting with an option for auto-archiving posts back in April, but the feature never came to fruition in that form. However, the company has now confirmed that they’re experimenting with a new ephemeral post format, where users can.....»»

Category: topSource:  theglobeandmailRelated NewsAug 25th, 2024

GTA 6: release date window, trailer, news, and more

GTA 6 finally got its first trailer in December 2023. Here's what we know about the next Grand Theft Auto right now based on leaks and rumors from experts......»»

Category: topSource:  digitaltrendsRelated NewsAug 25th, 2024

Automakers insourcing crucial EV parts, leaving suppliers with fewer potential customers

Automakers are increasingly insourcing production of e-motors and other crucial electric vehicle components, posing a challenge for suppliers vying for business in the EV space......»»

Category: topSource:  autonewsRelated NewsAug 23rd, 2024

Dealerships kept contracts digital in Q2 despite CDK Global outage, Wolters Kluwer says

Car dealerships sent auto lenders more digital car loan contracts in the second quarter opting against paper documentation, despite the CDK Global outage in June following two cyberattacks......»»

Category: topSource:  autonewsRelated NewsAug 22nd, 2024

Mosquitoes sense infrared from body heat to help track humans down, study shows

While a mosquito bite is often no more than a temporary bother, in many parts of the world it can be scary. One mosquito species, Aedes aegypti, spreads the viruses that cause over 100,000,000 cases of dengue, yellow fever, Zika and other diseases ev.....»»

Category: topSource:  theglobeandmailRelated NewsAug 22nd, 2024

Canadian rail lockout called "highly problematic" for North American auto industry

A weeklong stoppage could cost about $1 billion, according to one forecast. The costs and disruptions for U.S. automakers go up the longer the disruption lasts......»»

Category: topSource:  autonewsRelated NewsAug 22nd, 2024

U.S. auto safety regulator closes probe into GM"s Cruise robotaxis

NHTSA is closing its into GM's Cruise robotaxis......»»

Category: topSource:  autonewsRelated NewsAug 22nd, 2024

Apple Cash to require ID verification for sending more than this amount

Apple Cash is a popular and easy way to send money right within the iOS Messages app and soon with just a tap. Until now, you haven’t needed to submit an ID to use parts of the feature. That will change for many users as Apple will require identity.....»»

Category: topSource:  theglobeandmailRelated NewsAug 22nd, 2024

Modeling study suggests heat-related deaths in Europe could triple by century"s end under current climate policies

Deaths from heat could triple in Europe by 2100 under current climate policies, mostly among people living in southern parts of the continent, according to a study published in The Lancet Public Health journal......»»

Category: topSource:  physorgRelated NewsAug 21st, 2024

Study tracks decades of extreme heat, cold in Upper Midwest

Researchers analyzed meteorological data from nine Upper Midwest states from 1979–2021, tracking trends in extreme heat and cold over every 4-kilometer square of that territory. They found striking regional differences in the extremes. Many parts o.....»»

Category: topSource:  theglobeandmailRelated NewsAug 21st, 2024

Pixel 9 phones: The Gemini AI stuff, reviewed

A newcomer dives into AI with the Pixel 9 Pro. Enlarge / I asked Gemini to "reimagine" the background of this Pixel 9 group shot (originally on beige paper) as "science fiction moonscape," and then used "Auto frame" to expand the.....»»

Category: topSource:  arstechnicaRelated NewsAug 21st, 2024

Lithospheric oddities may be sculpting continental interiors

Interactions between neighboring tectonic plates can push parts of Earth's surface up or down to form notable features, such as the Andes and the Himalayas. The forces that sculpt the Earth's surface far from plate edges are less well understood. For.....»»

Category: topSource:  physorgRelated NewsAug 21st, 2024

Xbox’s one-handed accessibility controller is a game changer

Xbox has expanded its commitment to accessibility with its new Adaptive Joystick and 3D-printed parts......»»

Category: topSource:  digitaltrendsRelated NewsAug 21st, 2024

F&I data: Auto loan denial rate rises to 19%

Auto lenders denied nearly 1 in 5 consumers seeking a car loan during the 12 months ending in June, a larger rejection rate than a year earlier, according to the Federal Reserve Bank of New York's survey......»»

Category: topSource:  autonewsRelated NewsAug 21st, 2024

Repeal of Inflation Reduction Act"s EV, manufacturing incentives a ‘scary thought," industry executives say

The auto industry is urging lawmakers to preserve the Inflation Reduction Act's EV manufacturing and sales incentives, arguing they're crucial to making the U.S. competitive on the global stage......»»

Category: topSource:  autonewsRelated NewsAug 21st, 2024

F&I tip: CarShield case a reminder to make sure customers understand service contracts

There's a lesson for dealerships in the $10 million CarShield settlement with the Federal Trade Commission, says Zeigler Auto Group COO Sam D'Arc: Make sure staff can explain what customers are buying......»»

Category: topSource:  autonewsRelated NewsAug 21st, 2024

macOS Sequoia includes new Apple Park backgrounds for video conferencing apps

As we approach the public release of macOS Sequoia this fall, Apple continues to add new features. In the latest macOS Sequoia betas, there are nine new built-in backgrounds for video conferencing apps that showcase various different parts of Apple P.....»»

Category: topSource:  marketingvoxRelated NewsAug 20th, 2024

Ticketmaster SafeTix move was deliberately anticompetitive, says DOJ lawsuit

Ticketmaster SafeTix, a feature the company claimed was for fraud-prevention, was actually intended to make it harder for customers to buy their tickets from other resellers, according to an antitrust lawsuit. The complaint says this is proven by int.....»»

Category: topSource:  theglobeandmailRelated NewsAug 20th, 2024