Brex applies for bank charter, taps former Silicon Valley Bank exec as CEO of Brex Bank
Brex is the latest fintech to apply for a bank charter. The fast-growing company, which sells a credit card tailored for startups with Emigrant Bank currently acting as the issuer, announced Friday that it has submitted an application with the Federa.....»»
Audi to get Porsche exec as sales chief, reports say
Marco Schubert, who has led Porsche's European sales since 2021, will succeed Hildegard Wortmann at Audi, according to media reports......»»
Glacier flooding in Alaskan capital sets new record
In the early hours of August 6, a lake dammed by Juneau's Mendenhall Glacier burst through the ice, flooding hundreds of homes and businesses in the Mendenhall Valley where many of the Alaskan capital's residents live. This outburst led to the larges.....»»
Ineos Automotive shuffles exec roles after key departures
Two Ineos Automotive executives have been given new roles within the young automaker......»»
Amazon slashes Apple"s M3 iMac to $1,099, matching record low price
Labor Day Apple sales are heating up, with Amazon going all out with its latest M3 iMac 24-inch price drop. Pick up the all-in-one-desktop for just $1,099.99.Amazon has issued steep price cuts on iMacs.The month-end deal applies to Apple's standard M.....»»
Hyundai Motor America marketing exec Angela Zepeda exits after losing CMO title
The company promoted Sean Gilpin into the role less than a month after giving him some of Zepeda’s duties related to performance marketing......»»
Controlling molecular electronics with rigid, ladder-like molecules
As electronic devices continue to get smaller and smaller, physical size limitations are beginning to disrupt the trend of doubling transistor density on silicon-based microchips approximately every two years, according to Moore's law. Molecular elec.....»»
GM captive finance company withdraws application to create a bank
The captive finance arm of General Motors applied to charter a type of bank called an Industrial Loan Company in late 2020......»»
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.....»»
Ex-bank CEO gets 24 years after falling for crypto scam, causing bank collapse
Former bank CEO ignored warnings that he was being scammed while tanking bank. Enlarge (credit: nadia_bormotova | iStock / Getty Images Plus) A federal judge sentenced a 53-year-old Kansas man to more than 24 years in pr.....»»
Delay California"s oil drilling protections until 2031? No way
Communities across California, from Los Angeles to the San Joaquin Valley, have fought for more than a decade to stop oil companies from drilling in their neighborhoods and spewing health-damaging pollution into the air......»»
How a former BMW exec"s advice helped shape a driver-assist specialist"s focus
Provizio CEO Barry Lunn was told early on that cost was king in the automotive sector, which inspired him to try to make advanced driver-assistance systems affordable for every vehicle......»»
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......»»
How a former BMW exec"s advice helped shape an ADAS specialist"s focus
Provizio CEO Barry Lunn was told early on that cost was king in the automotive sector, which inspired him to try to make advanced driver assistance systems affordable for every vehicle......»»
Monument Valley 3 coming later this year, but only for Netflix subscribers
Monument Valley is a popular puzzle game developed by Ustwo Games, and is widely known by iOS users. With two versions highly acclaimed by critics and players, the game is now getting another sequel called “Monument Valley 3” – but it will only.....»»
New phishing method targets Android and iPhone users
ESET researchers discovered an uncommon type of phishing campaign targeting Android and iPhone users. They analyzed a case observed in the wild that targeted clients of a prominent Czech bank. PWA phishing flow (Source: ESET) This technique is notewo.....»»
Coming through wildfire: Professor"s campus is a living lab
Flames surrounded West Kelowna Fire Chief Jason Brolund's crews. Firefighters had dug in to protect the $75-million Rose Valley Water Treatment Plant from the 2023 McDougall Creek wildfire......»»
Stolen, locked payment cards can be used with digital wallet apps
Fraudsters can add stolen payment cards to digital wallet apps and continue making online purchases even after victims’ report the card stolen and the bank blocks it, computer engineers with University of Massachusetts Amherst and Pennsylvania.....»»
U.S. has its first national strategy to reduce plastic pollution—three strong points and a key issue to watch
Plastic waste is piling up at a daunting pace around the world. The World Bank estimates that every person on the planet generates an average of 1.6 pounds (0.74 kilograms) of plastic waste daily......»»
Understanding Apple"s on-device and server foundation models
Apple announced new AI language models at WWDC. These models run both locally on Apple devices and on Apple's own Apple Silicon-powered AI servers.Siri icon in a datacenterArtificial Intelligence (AI) relies on language models which provide knowledge.....»»
Former GM exec Pamela Fletcher named CEO of EV battery startup
Fletcher brings years of EV and sustainability experience as she takes the helm......»»