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......»»
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......»»
Audi will drop four-ring logo on new China EVs, report says
Electric cars co-developed by Audi and SAIC might have a new logo or just use the Audi name......»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
CDK outage fuels 86% drop in Asbury Q2 net income
Lost business and one-time costs related to the CDK Global outage contributed to an 86 percent drop in Asbury's net income, though the retailer managed to post record revenue of $4.2 billion......»»
First 3D visualization of an aluminum nanocomposite for the auto industry
Manufacturing cars with strong, lightweight aluminum alloys rather than steel could improve fuel efficiency and extend electric vehicle range, but the material's instability at high temperatures has held the alloys back from widespread adoption......»»
The worrying future of RAM and SSD pricing
There's a growing demand for DRAM and NAND Flash, and this means massive increases in revenue. It could also have a huge impact on pricing......»»