Compass files S-1, reveals $3.7B in revenue on net loss of $270M
Compass, the real-estate brokerage startup backed by roughly $1.6 billion in venture funding, filed its S-1 Monday. The move comes just under one year after the New York-based company laid off 15% of its staff as a result of the shifting economic for.....»»
Foxconn saw best-ever April revenues partly because of better than expected iPhone demand
Apple's largest iPhone manufacturer has reported almost a fifth higher revenue for April 2024 compared to the same month in 2023, in part because of diversification.Workers in a Foxconn factoryIn March 2024, Foxconn's parent company Hon Hai Precision.....»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
NASA is helping protect tigers, jaguars, and elephants—here"s how
As human populations grow, habitat loss threatens many creatures. Mapping wildlife habitat using satellites is a rapidly expanding area of ecology, and NASA satellites play a crucial role in these efforts. Tigers, jaguars, and elephants are a few of.....»»
Stony coral tissue loss disease is shifting the ecological balance of Caribbean reefs
The outbreak of a deadly disease called stony coral tissue loss disease is destroying susceptible species of coral in the Caribbean while helping other, "weedier" organisms thrive—at least for now—according to a new study published in Science Adv.....»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
Lego-pushing bumblebees reveal insect collaboration dynamics
A new study reveals that cooperation by bumblebees isn't simply a result of accumulated individual efforts. Rather, these miniature-brained creatures are not just hard-working pollinators, but also show signs of being master collaborators......»»
Apple Q2 2024 earnings brought to life by Six Colors, with video too
Yesterday saw the announcement of the Apple Q2 2024 earnings report, which were pretty much exactly as expected – revenue coming in at $90.75B against Wall Street expectations of $90.1B. As usual, Six Colors has brought the numbers to life with.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Oil palm plantations are driving massive downstream impact to watershed
The global demand for palm oil—the most widely consumed vegetable oil on the planet, in everything from instant noodles to lipstick—is driving worldwide tropical deforestation. While many studies have shown the loss of biodiversity when rainfores.....»»
Researchers say nature recovery must be integrated across all sectors to bend the curve of biodiversity loss
The alarming rates of biodiversity loss worldwide have made clear that the classical way of governing biodiversity recovery based on protected areas and programs for the protection of endangered species is not enough. To tackle this, almost 200 count.....»»
Citizen science project finds that respectful boat users are rewarded with magical dolphin encounters
A citizen science project reveals that most boat users along the North-East coast in the U.K. do not disturb dolphins and are often rewarded with close-up encounters......»»
Tim Cook says DOJ antitrust lawsuit against Apple is ‘misguided’
Apple on Thursday announced its earnings for the second fiscal quarter of 2024, slightly beating expectations with $90.75 billion in revenue. During an interview, Cook also took a moment to talk about the US Department of Justice’s (DOJ) antitrust.....»»
Apple’s Q2 2024 earnings reveal a drop in iPhone, iPad sales
Services growth looked rosy as Apple's hardware revenue in China slowed. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) Apple's earnings report for the second quarter of the co.....»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Investigation reveals varied impact of preschool programs on long-term school success
Early education programs are widely believed to be effective public investments for helping children succeed in school and for reducing income- and race-based achievement gaps. However, a new study conducted by a team of investigators from Teachers C.....»»
Proofpoint DLP Transform secures data moving to ChatGPT, copilots, and other GenAI tools
Proofpoint announced Data Loss Prevention (DLP) Transform, including GenAI use cases. Today, businesses struggle with the limitations of legacy DLP solutions that are fragmented across channels and are not designed to address today’s most problemat.....»»
Email Microsoft didn’t want seen reveals rushed decision to invest in OpenAI
Microsoft CTO made a "mistake" dismissing Google's AI as a "game-playing stunt." Enlarge (credit: HJBC | iStock Editorial / Getty Images Plus) In mid-June 2019, Microsoft co-founder Bill Gates and CEO Satya Nadella recei.....»»