Chinese IC equipment maker NAURA Technology expects maximum 141.3% net income growth for 2022
On January 11, China-based semiconductor equipment maker NAURA Technology Group announced its revenue forecast for calendar year 2022. The company estimates its 2022 revenue to be in the range of CNY13.5 - 15.6 billion (approx. US$2 - 2.3 billion), a.....»»
Pretax charges drop Sonic Automotive"s Q1 net income
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»
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......»»
Spotify: Apple has ‘defied’ the EU by blocking latest update with pricing info [U: Apple response]
Yesterday we learned that Spotify decided to pass on Apple’s new EU terms that would allow it to use alternative payment methods due to the Core Technology Fee. Instead, it submitted an app update with pricing info and details on how to subscribe o.....»»
The Polestar Phone Makes its Debut
At the moment the phone is exclusive for Chinese markets. The post The Polestar Phone Makes its Debut appeared first on Phandroid. A while back, it was reported that EV manufacturer Polestar was working on launching its first-ever smartpho.....»»
Mercedes warms to ICE vehicles as EV growth cools in the U.S.
Mercedes expects to sell about 50,000 more coupes, sedans, crossovers and SUVs in the U.S. in 2024 compared with last year......»»
Fireblocks expands DeFi suite with threat detection features
Fireblocks introduced new security features to its DeFi suite: dApp Protection and Transaction Simulation. As the DeFi sector experiences unprecedented growth, the need for proactive security measures has never been more critical. With attackers taki.....»»
Congo demands that Apple prove iPhone doesn"t use conflict materials
The Democratic Republic of Congo has told Apple it believes the iPhone maker's supply chain is using materials linked to militia groups.Apple has been asked to verify that it doesn't use "conflict minerals" in the iPhoneApple and at least most Big Te.....»»
5 Signs It’s Time to Upgrade Your iPhone
While it would nice if iPhones lasted forever they, like other technology, have a shelf life. Nowadays, that’s often several years, but eventually it will be time to upgrade. Typically, an iPhone won’t go downhill in a day. Its performanc.....»»
Researchers discover mechanism regulating bud dormancy release in tree peony
In perennial woody plants, bud endodormancy is crucial for survival under adverse environmental conditions in winter, such as low temperature (LT) and dehydration stress. To break bud dormancy is essential for the resumption of bud growth and floweri.....»»
Samsung’s stunning ‘Frame’ QLED TV is up to $1,402 off
Samsung's The Frame TV is gorgeous to watch and simply look at. The 2022 model is currently on sale at Walmart right now......»»
Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle
Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»
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......»»
U.S. EV battery upstart, Hyundai-Kia close in on lithium metal battery commercialization
SES AI, a U.S. maker of electric vehicle batteries, aims to bring its next-gen lithium metal batteries to market as early as 2026 and is turbocharging the drive through a new agreement to jointly build and test the technology with South Korea's Hyund.....»»
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.....»»
Pushing the limits of sub-kilowatt electric propulsion technology for space mission concepts
NASA has developed an advanced propulsion technology to facilitate future planetary exploration missions using small spacecraft. Not only will this technology enable new types of planetary science missions, one of NASA's commercial partners is alread.....»»
Startup financing gender gaps greater in societies where women are more empowered: Study
Commercial bankers provide capital to fund the operations and growth of businesses. However, as these lenders evaluate entrepreneurs who apply for loans, gender bias leads to women being denied more often than their male counterparts......»»
Laser technology offers breakthrough in detecting illegal ivory
A new way of quickly distinguishing between illegal elephant ivory and legal mammoth tusk ivory could prove critical to fighting the illegal ivory trade. A laser-based approach developed by scientists at the Universities of Bristol and Lancaster, cou.....»»
Biden signs TikTok bill into law as Chinese firm threatens legal action
President Biden has now formally signed the bill that means TikTok owner ByteDance must sell the platform, or face being banned in the US from 2025.TikTok could be banned in the US from 2025As expected following the Senate's passing of the combinatio.....»»
Why You Shouldn’t Buy an iPad Pro or Air Right Now
Unless you’re desperate, you shouldn’t buy a new iPad Pro or iPad Air right now. If you’re looking to upgrade to a new iPad, you’ve got plenty of options. Apple’s current iPad Pro, the 2022 model, is still in excellent s.....»»
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......»»