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Credit Acceptance Q1 net income down 35%; loan volume grows

Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»

Category: topSource:  autonewsMay 1st, 2024

Researchers upend AI status quo by eliminating matrix multiplication in LLMs

Running AI models without matrix math means far less power consumption—and fewer GPUs? Enlarge / Illustration of a brain inside of a light bulb. (credit: Getty Images) Researchers claim to have developed a new way to r.....»»

Category: topSource:  theglobeandmailRelated News6 hr. 50 min. ago

The mythical griffin was not inspired by a horned dinosaur, study concludes

The mythological creatures are instead "chimeras of big cats and raptorial birds." Enlarge / Painting of a gryphon, or griffin, a lion-raptor chimera from ancient folklore. (credit: Mark Witton) The gryphon, or griffin,.....»»

Category: topSource:  pcmagRelated News9 hr. 50 min. ago

Ketamine pills for depression show positive results in trial—but with caveats

A slow-release oral dose showed good safety, but efficacy is shaky. Enlarge (credit: Getty | RJ Sangosti) After an MDMA therapy for post-traumatic stress disorder dramatically failed to impress Food and Drug Administrati.....»»

Category: topSource:  pcmagRelated News9 hr. 50 min. ago

Taking a closer look at AI’s supposed energy apocalypse

AI is just one small part of data centers’ soaring energy use. Enlarge / Someone just asked what it would look like if their girlfriend was a Smurf. Better add another rack of servers! (credit: Getty Images) Late last.....»»

Category: topSource:  theglobeandmailRelated News12 hr. 50 min. ago

The math on unplayed Steam “shame” is way off—and no cause for guilt

It's fun to speculate, but sales and library quirks make it impossible to know. Enlarge / Blast away all the guilt you want in PowerWash Simulator, but there's no need to feel dirty in the real world about your backlog. (credit:.....»»

Category: topSource:  theglobeandmailRelated News12 hr. 50 min. ago

Verizon screwup caused 911 outage in 6 states—carrier agrees to $1M fine

Verizon initially failed to remove a flawed update file that caused two outages. Enlarge (credit: Getty Images | David Ramos) Verizon Wireless agreed to pay a $1,050,000 penalty to the US Treasury and implement a complia.....»»

Category: topSource:  theglobeandmailRelated News12 hr. 50 min. ago

Julian Assange to plead guilty but is going home after long extradition fight

"Julian is free!" wife wrote after Assange struck deal with US government. Enlarge / Julian Assange in an airplane in a photo posted by WikiLeaks on June 25, 2024. (credit: WikiLeaks) WikiLeaks founder Julian Assange has.....»»

Category: topSource:  informationweekRelated News13 hr. 22 min. ago

Microsoft risks huge fine over “possibly abusive” bundling of Teams and Office

Microsoft vows to make more changes facing EU fine over Teams bundling. Enlarge / A screen shows a virtual meeting with Microsoft Teams at a conference on January 30, 2024 in Barcelona, Spain. (credit: Cesc Maymo / Contributor |.....»»

Category: topSource:  informationweekRelated News13 hr. 22 min. ago

Saturn’s moon Titan has shorelines that appear to be shaped by waves

The liquid hydrocarbon waves would likely reach a height of a meter. Enlarge / Ligeia Mare, the second-largest body of liquid hydrocarbons on Titan. (credit: NASA/JPL-Caltech/ASI/Cornell) During its T85 Titan flyby on Ju.....»»

Category: topSource:  informationweekRelated News13 hr. 22 min. ago

“Energy-smart” bricks need less power to make, are better insulation

Cutting the energy used while firing the bricks means big savings at scale. Enlarge / Some of the waste material that ends up part of these bricks. (credit: Seamus Daniel, RMIT University) Researchers at the Royal Melbou.....»»

Category: topSource:  informationweekRelated News13 hr. 22 min. ago

Is generative AI really going to “wreak havoc” on the power grid?

AI is just one small part of data centers’ soaring energy use. Enlarge / Someone just asked what it would look like if their girlfriend was a Smurf. Better add another rack of servers! (credit: Getty Images) Late last.....»»

Category: topSource:  informationweekRelated News13 hr. 22 min. ago

Is the total value of unplayed Steam games really $19 billion? Probably not.

It's fun to speculate, but sales and library quirks make it impossible to know. Enlarge / Blast away all the guilt you want in PowerWash Simulator, but there's no need to feel dirty in the real world about your backlog. (credit:.....»»

Category: topSource:  informationweekRelated News13 hr. 22 min. ago

The dark side of loan guarantee programs for SMEs

There is always a downside. Even for loan guarantee programs for small businesses, launched during financial crises to stave off the drying up of credit, particularly likely in periods of recession. It turns out these programs also have negative effe.....»»

Category: topSource:  physorgRelated News15 hr. 22 min. ago

Sir Peter Beck unplugged: “Transporter can do it for free for all we care”

"Look, there's no accidental monopoly. They are a ruthless competitor." Enlarge / Rocket Lab CEO Peter Beck speaks during the opening of the new Rocket Lab factory on October 12, 2018, in Auckland, New Zealand. (credit: Phil Walt.....»»

Category: topSource:  arstechnicaRelated NewsJun 25th, 2024

iOS 18’s drive-formatting option shows how far iPhones have come for power users

The beta's Files app lets you format external drives in APFS, exFat, and FAT. Enlarge / The 2024 iPad Pro. (credit: Samuel Axon) Apple has added the ability to format external drives in iOS 18 and iPadOS 18, the major so.....»»

Category: topSource:  arstechnicaRelated NewsJun 24th, 2024

Backdoor slipped into multiple WordPress plugins in ongoing supply-chain attack

Malicious updates available from WordPress.org create attacker-controlled admin account. Enlarge (credit: Getty Images) WordPress plugins running on as many as 36,000 websites have been backdoored in a supply-chain attac.....»»

Category: topSource:  arstechnicaRelated NewsJun 24th, 2024

Astronomers think they’ve figured out how and when Jupiter’s Red Spot formed

Astronomers concluded it is not the same and that Cassini's spot disappeared in 1708. Enlarge / Enhanced Juno image of Jupiter’s Great Red Spot in 2018. It is likely not the same one observed by Cassini in the 1600s. (credit: G.....»»

Category: topSource:  arstechnicaRelated NewsJun 24th, 2024

Music industry giants allege mass copyright violation by AI firms

Suno and Udio could face damages of up to $150,000 per song allegedly infringed. Enlarge / Michael Jackson in concert, 1986. Sony Music owns a large portion of publishing rights to Jackson's music. (credit: Getty Images).....»»

Category: topSource:  arstechnicaRelated NewsJun 24th, 2024

Larry Finger made Linux wireless work and brought others along to learn

Remembering Finger, 84, who learned as he went and left his mark on many. Enlarge (credit: Aurich Lawson | Getty Images) Linux and its code are made by people, and people are not with us forever. Over the weekend, a brie.....»»

Category: topSource:  arstechnicaRelated NewsJun 24th, 2024

Microsoft removes documentation for switching to a local account in Windows 11

But most Microsoft account sign-in workarounds for Windows 11 continue to work. Enlarge / A PC running Windows 11. (credit: Microsoft) One of Windows 11's more contentious changes is that, by default, both the Home and P.....»»

Category: topSource:  arstechnicaRelated NewsJun 24th, 2024