CarMax"s Q2 net income rises 12%, revenue falls less than 1%
CarMax said it retailed 211,020 used vehicles in its second fiscal quarter, up 5.1 percent year over year. Same-store used-vehicle retail sales rose 4.3 percent......»»
Zoom calls aren"t going anywhere yet - and could soon get even more AI
Pandemic success and staying on trend when it comes to AI has kept Zoom’s revenue heading upward......»»
GM works to snuff out glitches as it eyes big software profits
GM believes software will be a huge revenue driver in the coming years, but resolving problems before vehicles launch and staying nimble have been challenges......»»
UN cybercrime convention inadequate, says Human Rights Watch
UN treaty falls short when protecting digital freedoms, tech firms and activists say......»»
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......»»
Study finds gun violence in rural America rises as deer hunting season begins
Across rural America, the increased presence of loaded guns in homes and vehicles could lead to a spike in gun injuries and homicides at the start of every deer hunting season, a new study warns......»»
How to install Fortnite on your iPad or iPhone outside of the European Union
Epic Games relaunched Fortnite in the EU a couple days ago, after a 4 year legal battle with Apple over the App Store’s 30% revenue cut. Apple announced changes to app distribution in the EU earlier this year, and Epic is finally taking advantage o.....»»
Crypto-linked cybercrime saw another record year as ransomware risk rises
Ransomware operators have earned more money in 2024 compared to last year as scam possibilites grow......»»
Video dominates mobile app revenue; TikTok coins reward live streamers
Video dominates mobile app revenue, according to a new report. Of the total $3.8B smartphone owners spent on entertainment apps last quarter, three billion of it was spent on streaming and short video apps. The most dramatic growth in earnings was.....»»
Alibaba sees revenue hit by caution in cloud space
News follows previous results from this quarter suggesting that cloud dominance is still very much a three-horse race......»»
August"s supermoon kicks off four months of lunar spectacles. Here"s how to watch
The first of four supermoons this year rises next week, providing tantalizing views of Earth's constant companion......»»
DDoS attack volume rises, peak power reaches 1.7 Tbps
The total number of DDoS attacks during H1 2024 amounted to 830,000, an increase of 46% when compared to H1 2023, according to Gcore. Peak attack power rose from 1.6 terabits per second (Tbps) in H2 2023 to 1.7 Tbps. DDoS attacks hit Gaming, tech, fi.....»»
Sonos laying off 6% of employees ‘for long-term success’
Sonos announced layoffs of about 100 employees as the company weathers a continued software meltdown, and a major loss of revenue because of it......»»
Poverty premium on energy costs impacts poorer households
People living in poorer households are more likely to face higher energy costs than those who do not, a study shows. Those in low income households are more likely to pay more for their basic energy tariff and also incur higher costs per unit of ener.....»»
This app turns your Apple Pencil into a remote camera button for iPad
Apple always says they can’t wait to see what developers do with new hardware and software tools. A new utility from Om Chachad called Pencilera definitely falls into the category of novel ideas. more….....»»
American Axle more than doubles Q2 net income but warns of R&D, product launch costs
American Axle struck deals with European automakers, but it expects increased volatility as it prepares for ramp-up costs......»»
Cars Commerce Q2 net income drops 88% with accounting adjustment
Cars Commerce lowered its guidance in part because of the impact from the CDK Global cyberattacks in June......»»
Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached
The lidar supplier said revenue grew 2 percent to $16.5 million......»»
Openlane"s vehicle volume up 7%, revenue rises 3.6% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»
Cars Commerce Q2 net income drops 88% after accounting adjustment
Cars Commerce lowered its guidance in part because of the impact from the CDK Global cyberattacks in June......»»
Drop it like it"s hot: Space Rider model falls gracefully
Over the last four months, the Space Rider team has been running a drop-test campaign whereby a full-scale model of the future orbital laboratory is dropped from a helicopter to test and qualify the deployment of its parachutes, at Salto di Quirra in.....»»