Connected cars are supposed to generate lots of revenue. So far, they have not.
The automotive industry is still sorting out the details as it seeks to reap profits from the data generated and gathered through the car......»»
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......»»
Chemists develop new sustainable reaction for creating unique molecular building blocks
Polymers can be thought of like trains: Just as a train is composed of multiple cars, polymers are made up of multiple monomers, and the couplings between the train cars are similar to the chemical bonds that link monomers together. While polymers ha.....»»
ACV Auctions says Q2 net loss widened to $17M, revenue rises 29%
ACV Auctions said the number of used vehicles sold by dealers and commercial auto companies on its wholesale marketplace platform grew 22 percent year over year......»»
Openlane"s vehicle volume up 7%, revenue rises 4% 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......»»
Hazardous Melting Ice Could Sink Arctic Shipping
Warmer temperatures were supposed to make Arctic shipping easier. But thick floating ice created by local melting is a bigger risk than people realized.....»»
AI Reaches Silver-Medal Level at This Year’s Math Olympiad
During the 2024 International Mathematical Olympiad, Google DeepMind debuted an AI program that can generate complex mathematical proofs.....»»
Midea 2 Zone Air Fryer review: great air fryer, abysmal app, and lots of sticker shock
Midea has released a new air fryer that can cook two different items simultaneously, and we're eager to find out if it justifies the high price tag.Midea 2 Zone Air FryerLet it be known I am incredibly skeptical of any kitchen gadget fad that gains t.....»»
Watch SpaceX Falcon 9 rocket generate sonic boom during landing (video)
Watch SpaceX Falcon 9 rocket generate sonic boom during landing (video).....»»
Sports venues must vet their vendors to maintain security
Sporting events generate a lot of consumer activity, from hotels and restaurants to retail. Large sporting events are held together by webs of connectivity that include vendors, sponsors, employees, and consumers. These networks connect ticketing, me.....»»
Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting
Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»
TrueCar"s Q2 net losses decrease thanks to higher dealer franchise revenue
The CDK cyberattacks caused some impact, but the vehicle listings company reduced losses, grew revenue and formally launched its enhanced TrueCar+ pilot......»»
Lamborghini’s biggest EV challenge? Not being seen as “fake,” says CTO.
Lamborghini's CTO tells us how hybrids, EVs, and AI will "generate the wow." Enlarge / Lamborghini has added a plug-in hybrid powertrain to the Urus SUV. (credit: Lamborghini) Lamborghini has now launched its second plu.....»»
Apple’s SuperDrive for reading disks seemingly discontinued with no inventory online
Many years ago, when Apple introduced the first MacBook Air, the company also announced an accessory called the Apple USB SuperDrive – which is essentially a CD and DVD player that can be connected to a Mac via USB. Even though CDs are no longer as.....»»
MagSafe Monday: Looking for the perfect travel charger? Check out the MagFusion Z 3-in-1 charging station
If you’re looking for the best travel charger for your Apple gear, consider the MagFusion Z 3-in-1 Charging Station. A well-designed travel charger offers functionality and portability, ensuring you remain productive and connected without the burde.....»»
Rivian won’t add CarPlay to its cars. It doesn’t need to
Carmakers are struggling to build great software, but some new startups are head and shoulders above the competition -- like Rivian......»»
Apple reports record Q3 2024 earnings with $85.78 billion in revenue
Apple has revealed its full earnings report for the fiscal third quarter of 2024. The company reported $85.78 billion in revenue during the three-month period, covering April, May, and June. Net profit for the quarter came in at $21.45 billion, and e.....»»
Tim Cook says Apple is spending more to get Apple Intelligence ready for launch this fall
Apple on Thursday announced the results of its third fiscal quarter of 2024, with $85.78 billion in revenue from April to June. The company’s sales grew by 5%, and it seems that its executives have high expectations for the future. That’s because.....»»
AWS revenue growth soars once again as Amazon CEO calls for more AI
Amazon CEO Andy Jassy looks to up AWS capacity for AI even further......»»