BorgWarner Q4 earnings, revenue improve, but EV pullback raises concerns
BorgWarner's earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
New quarantine scheme could reduce risk of rabies reintroduction in the EU following Russian invasion, study finds
Rabies is a major concern to both human and animal health, with rabies in dogs and cats widespread in Eastern Europe, and there are concerns the war in Ukraine could pose a greater risk of rabies being reintroduced to the European Union (EU). A four-.....»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Top 5 stories of the week: GM, Ford and Tesla earnings; lowest-cost EVs
A quick look at the week's top automotive stories.....»»
Researchers advance detection of gravitational waves to study collisions of neutron stars and black holes
Researchers at the University of Minnesota Twin Cities College of Science and Engineering co-led a new study by an international team that will improve the detection of gravitational waves—ripples in space and time......»»
5 defining moments from Tesla"s Q1 earnings
Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Researchers establish a high-throughput multiscale evaluation method for thermal stress in thermal barrier coatings
Thermal barrier coatings (TBCs) are widely used in gas turbine engines to obtain elevated working temperatures and improve engine efficiency. The phase transition of the ceramic layer is accompanied by a large volume difference, causing the concentra.....»»
Making sustainable biotechnology a reality: Joined forces aim to improve biocatalysts
Everything biobased: plastic, medicine, and fuel. It seems like a futuristic utopia. But for how long? A collaboration of researchers now proposes an idea to accelerate the development process. By combining machine learning and laboratory automation,.....»»
Scholars explain the ideology that says technology is the answer to every problem
Silicon Valley venture capitalist Marc Andreessen penned a 5,000-word manifesto in 2023 that gave a full-throated call for unrestricted technological progress to boost markets, broaden energy production, improve education and strengthen liberal democ.....»»
Mobileye quarterly loss widens, revenue plunges as chip orders decline
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory. .....»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Dropzone AI raises $16.85 million to combat advanced AI attacks
Dropzone AI has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman.....»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Nagomi Security raises $30 million to help security teams improve their level of protection
Nagomi Security emerged from stealth with $30 million in funding to fundamentally redefine how security teams optimize effectiveness and drive efficiency from their existing security tools. The company operated in stealth mode with Seed funding from.....»»
Philippine court blocks GMO "golden rice" production over safety fears
A Philippine court has blocked the commercial propagation of genetically modified golden rice because it said conflicting scientific views gave rise to "severe" health and environmental safety concerns......»»
Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production
Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»
Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Group 1 net income falls nearly 7 percent in Q1
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Apple"s generative AI may be the only one that was trained legally & ethically
As copyright concerns plague the field of generative AI, Apple seeks to preserve privacy and legality through innovative training methods for language learning methods, all while avoiding controversy.Apple's AI may be the only legally-trained one on.....»»