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......»»
Carvana Q2 net income swings to $48 million; revenue up 15%
The online used-vehicle retailer said it sold 101,440 used vehicles in the second quarter, up 33 percent from the year-earlier period......»»
“AI toothbrushes” are coming for your teeth—and your data
App-connected toothbrushes bring new privacy concerns to the bathroom. Enlarge / Oclean's X Ultra, released in July, has optional Wi-Fi connectivity. (credit: Oclean) One of the most unlikely passengers on the AI gadgets.....»»
Xbox console sales continue to crater with massive 42% revenue drop
Xbox Series X/S sales seem to have peaked early in 2022. Enlarge / The tumbling continues. Microsoft's revenue from Xbox console sales was down a whopping 42 percent on a year-over-year basis for the quarter ending in J.....»»
How technology and robotics are helping Brazil monitor and control an invasive coral species
When the expanded yellow tentacles of the sun coral began to appear on the Brazilian coastline, alarms rang. This species, also known as Tubastraea, was not supposed to be there. The movement of oil platforms and other shipping near Rio de Janeiro in.....»»
Lawmakers ask FTC to investigate the sale of driver data, alleging ‘flagrant abuse" of privacy
Automakers, which have made lofty revenue projections about the riches to be found in the sale of connected vehicle data, have largely sought to ignore the fact that consumers do not want their data to be sold......»»
AutoNation net income, revenue harmed by CDK cyberattacks
AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks.....»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»
AMD raises forecast for AI chip revenue and sees supplies remaining tight
AMD raises forecast for AI chip revenue and sees supplies remaining tight.....»»
Tesla software update fixes hood safety issue on 1.8M cars
Tesla has issued a software update for 1.85 million of its vehicles in the U.S. to fix a safety issue involving the hood......»»
AI search engine accused of plagiarism announces publisher revenue-sharing plan
Perplexity says WordPress.com, TIME, Der Spiegel, and Fortune have already signed up. Enlarge (credit: Moor Studio via Getty Images) On Tuesday, AI-powered search engine Perplexity unveiled a new revenue-sharing program.....»»
The Apple Vision Pro can now be controlled only by your mind
The Vision Pro's look-and-pinch interface connected to a brain-computer interface lets a person with ALS operate Apple's spatial computer, hands-free......»»
Tesla recalls 1.8 million cars because their hoods can open while driving
The problem seems more prevalent in China than elsewhere, "for reasons unknown." Enlarge (credit: Patrick T. Fallon/Bloomberg via Getty Images) The electric car manufacturer Tesla had to issue a massive recall this mont.....»»
Study suggests cloud-to-ground lightning strikes may have generated building blocks for life on Earth
A large team of chemists at Harvard University has found evidence suggesting that cloud-to-ground lightning strikes may have helped generate some of the building blocks needed for life on Earth to arise......»»
Hippos don"t fly, but the massive animals can get airborne
In 1872 Leland Stanford, the founder of California's Stanford University, hired an eccentric inventor named Eadweard Muybridge to help resolve a supposed (but undocumented) bet: did a trotting horse's feet leave the ground with all four feet or not?.....»»
When copper becomes transparent: European XFEL creates exotic matter
Experiments at European XFEL generate states of matter that are close to what occurs in the interior of planets or in the imploding capsule of an inertial fusion reactor. At the same time, they open up a way to measure ultra-short phenomena......»»
Apple patents way to replace car mirrors with cameras, with windshield projection
The Apple Car project may be dead, but there’s still a chance we’ll see some Apple tech in cars made by other companies – and a patent application for a way to replace car mirrors with cameras could be an interesting candidate. Such systems.....»»
Lamborghini"s revenue rises 14% as switch to hybrid models nears completion
First-half deliveries increased 4 percent, putting Lamborghini on course to beat last year's record......»»
Gentex Q2 net income falls 21% on lower vehicle production
The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»
Thousands evacuated as record rains pound northern Japan
Record heavy rain forced the evacuation of thousands of people across parts of northern Japan as rivers burst their banks washing away bridges and cars, officials and media reports said Friday......»»
Hydrogen Toyotas at Olympics irk scientists
A group of 120 scientists, engineers and academics said Toyota should have supplied battery-electric vehicles to the Paris Olympics instead of cars powered by hydrogen......»»