Cars.com swings to $5.3 million profit in Q1
The company posted a $787.4 million net loss a year earlier as the coronavirus pandemic took hold. It generated an almost $1 billion charge in the first quarter of 2020......»»
GM, LG reach $150 million settlement over Chevrolet Bolt EV battery fires, recall
General Motors and LG Energy Solution have reached a $150 million settlement over Chevrolet Bolt EV battery fires. The deal would give owners of recalled Bolts $700 or $1,400, depending on whether they had their EV battery replaced......»»
Indy 500 at a crossroads: Iconic racing league is on cusp of starting its hybrid era
IndyCar is finally set to introduce its hybrid system this summer. That makes the 2024 Indy 500 the last time the open-wheel cars will run at the Brickyard without hybrid power......»»
Tesla must face fraud suit for claiming its cars could fully drive themselves
Lawsuit targets 2016 claim that all Tesla cars "have full self-driving hardware." Enlarge (credit: Getty Images | SOPA Images) A federal judge ruled yesterday that Tesla must face a lawsuit alleging that it committed fra.....»»
Fossil captures starfish splitting itself in two—showing this has been happening for 155 million years
One of the wildest wonders of nature is the ability of some animals to reproduce by splitting in half. There is still so much we don't know about this process. So the discovery of a 155-million-year-old starfish fossil frozen partway through this pro.....»»
Webb detects most distant black hole merger to date
An international team of astronomers have used the NASA/ESA/CSA James Webb Space Telescope to find evidence for an ongoing merger of two galaxies and their massive black holes when the universe was only 740 million years old. This marks the most dist.....»»
Netflix reveals that its ad tier is proving mighty popular
Netflix's ad-supported tier has almost doubled in size since January and now has 40 million monthly users globally......»»
Tesla must face claims it misled buyers about Autopilot and self-driving
Tesla Inc. must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a fresh setback for the electric-car maker just as Chief Executive Officer Elon Musk has staked the company’s future.....»»
Connected cars’ illegal data collection and use now on FTC’s “radar”
The regulator is warning OEMs to respect data privacy or it will get mad. Enlarge (credit: Getty Images) The Federal Trade Commission's Office of Technology has issued a warning to automakers that sell connected cars. Co.....»»
Fossil found in Germany shows starfish relative engaged in clonal fragmentation 150 million years ago
A team of paleontologists from Germany and Austria reports that a brittle star fossil found in Germany shows evidence of clonal fragmentation 150 million years ago. Their paper is published in the journal Proceedings of the Royal Society B: Biologica.....»»
GM’s Cruise pays more than $8 million in robotaxi settlement
GM’s Cruise will pay more than $8 million in the robotaxi settlement. .....»»
Apple blocked $7 billion in fraud attempts on the App Store
Over a span of four years, Apple says that it has prevented over $7 billion in fraudulent transactions, blocked 375,000 apps on the App Store over privacy violations, and killed 3.3 million accounts for fraud attempts.Apple's stats on App Store prote.....»»
Feds probe Waymo driverless cars hitting parked cars, drifting into traffic
Auto-safety regulator is investigating 22 reports of Waymo cars malfunctioning. Enlarge / A Waymo self-driving car in downtown San Francisco on Bush and Sansome Streets as it drives and transports passengers. (credit: JasonDoiy |.....»»
"Free" delivery plans can profit both retailers and customers
In March, Target became the latest mega-retailer to offer "free" delivery—for a price. For $99 a year, subscribers to Target Circle 360 can place unlimited orders without having to worry about shipping costs. Target competes with similar plans offe.....»»
BMW names a new CEO for Mini
BMW veteran executive Stefan Richmann succeeds Stephanie Wurst who led Mini for the past two years as it expanded its electric lineup with cars such as the Aceman small crossover......»»
Fetal cells can be traced back to the first day of embryonic development
Though more than 8 million babies have been born through in vitro fertilization (IVF), 70% of IVF implantations fail. As IVF is becoming a more common route to pregnancy in cases of infertility, there is a need for better understanding of embryonic d.....»»
BMW names a new CEO for Mini brand
BMW veteran executive Stefan Richmann succeeds Stephanie Wurst who led Mini for the past two years as it expanded its electric lineup with cars such as the Aceman small crossover......»»
Elon Musk laid off the Tesla Supercharger team; now he’s rehiring them
Last week the CEO said Tesla will spend $500 million expanding the charger network. Enlarge (credit: Getty Images | NurPhoto) Two weeks ago, Tesla CEO Elon Musk enacted widespread layoffs throughout the company, includin.....»»
Profit, rules or values: Skills that lead to success on the labor market
There is no specific set of skills that university graduates need in order to be successful professionally. Rather, the required skills vary according to different areas of the labor market and their specific requirements......»»
Does the Milky Way have too many satellite galaxies?
The Large and Small Magellanic Clouds are well-known satellite galaxies of the Milky Way, but there are more. It is surrounded by at least 61 within 1.4 million light years (for context the Andromeda galaxy is 2.5 million light years away) but there.....»»
Toyota dealer adds $2 million satellite for new battery plant workers
Toyota of Greensboro will open a new $2 million delivery and service center exclusively for 5,100 new employees of automaker's new N.C. battery plant......»»