BMW could face $1.2 billion hit from costlier raw materials, CFO says
First-quarter results received a boost from the sale of previously leased vehicles, in particular in the U.S. market, the automaker said......»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»
Apple CEO Tim Cook bullish on China, thinking long-term
After revealing Apple's Q2 earnings, CEO Tim Cook shared he "feels great" about China due to beating expectations in a competitive environment.iPhone doing well in China despite shrinking marketApple earned $90.8 billion in the March quarter, beating.....»»
Good vibrations: Low-energy lasers induce atomic excitation in semiconductor materials
Semiconductors are a cornerstone of next-generation technology, so a new method to excite atoms in semiconductor materials is likely to excite a broad range of researchers and industries as well......»»
The COVID-19 pandemic changed our patterns and behaviors, which in turn affected wildlife
The Earth now supports over eight billion people who collectively have transformed three-quarters of the planet's land surface for food, energy, shelter and other aspects of the human enterprise......»»
Researchers find unexpected roadblock to conductivity in Mott insulators
In the realm of condensed matter physics, few phenomena captivate physicists' curiosity as much as Mott insulators. According to traditional theory, this odd class of materials should be capable of conducting electricity, yet they behave mostly as in.....»»
Google paid Apple $20 Billion to be default search engine in 2022
The ongoing antitrust lawsuit against Alphabet by the Justice Department has revealed that Google paid Apple a staggering $20 billion in 2022 for default search engine status.In 2022, Alphabet paid Apple $20 billionGoogle's relationship has been unde.....»»
Here’s how much Google paid Apple to be Safari’s default search engine in 2022
It’s no secret that Google pays Apple a lot of money to be the default search engine for the Safari web browser on iOS and macOS. In 2021, the company paid $15 billion to keep Google as the default search engine on Apple platforms. Now a report has.....»»
Recreating the face of a 75,000-year-old female from a cave where Neanderthals buried their dead
A new Netflix documentary has recreated the face of a 75,000-year-old female Neanderthal whose flattened skull was discovered and rebuilt from hundreds of bone fragments by a team of archaeologists and conservators led by the University of Cambridge......»»
Feathers, cognition and global consumerism in colonial Amazonia
Amazonia is the home of the largest variety of birds in the world. In such a unique environment, craft cultures have flourished by translating the beauty and creativity of environmental materials like feathers into stunning pieces of art......»»
Goldman in talks with Barclays on GM Credit Card deal, WSJ Says
Goldman Sachs Group Inc. is in discussions to transfer its General Motors Co. credit-card business to Barclays Plc. The British lender is the lead candidate to take over the credit card portfolio with about $2 billion in outstanding balances,.....»»
Researchers find that calcium can protect potato plants from bacterial wilt
Scientists have discovered that calcium plays a significant role in enhancing the resistance of potato plants to bacterial wilt. This disease causes worldwide losses of potatoes costing $19 billion per year. The findings open up new avenues for integ.....»»
Making cybersecurity more appealing to women, closing the skills gap
In this Help Net Security interview, Charly Davis, CCO at Sapphire, provides insights into the current challenges and barriers women face in the cybersecurity industry. Davis emphasizes the need for proactive strategies to attract diverse talent, imp.....»»
Two giants in the satellite telecom industry join forces to counter Starlink
SES is buying Intelsat, the world's first commercial satellite operator, for $3.1 billion. Enlarge / The Intelsat 901 satellite is seen by a Northrop Grumman servicing vehicle in 2020. (credit: Northrop Grumman) Facing c.....»»
Health care giant comes clean about recent hack and paid ransom
Ransomware attack on the $371 billion company hamstrung US prescription market. Enlarge (credit: Getty Images) Change Healthcare, the health care services provider that recently experienced a ransomware attack that hamst.....»»
Why Honda chose Canada for its $11 billion EV hub
Taking advantage of production subsidies offered by the U.S. may have put the company ahead financially, but Canada’s tax credits came with no uncertainty......»»
AI hardware is like trying to invent the iPod after the iPhone
For some reason which utterly eludes me, 2024 seems to be the year of AI hardware. We’ve had the Humane AI Pin, the Rabbit R1, and even former Apple design chief Jony Ive reportedly seeking a billion-dollar bet for his own attempt. Reviews of Hu.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
Scientists develop strong yet reusable adhesive from smart materials
Scientists from Nanyang Technological University, Singapore (NTU Singapore) have developed a smart, reusable adhesive more than 10 times stronger than a gecko's feet adhesion, pointing the way for development of reusable superglue and grippers capabl.....»»