El Salvador"s Bitcoin Losses Swell To 28% As Bukele Buys More
An anonymous reader quotes a report from Bloomberg: President Nayib Bukele's Bitcoin gambit is becoming onerous for cash-strapped El Salvador but that isn't stopping him from adding to his stockpile. Bukele's bought 2,301 Bitcoins for the government.....»»
As X bleeds cash, Musk threatens Anti-Defamation League with defamation lawsuit
Musk claimed that ADL could be "on the hook" for $22B in X losses. Enlarge (credit: Anadolu Agency / Contributor | Anadolu Agency) Last month, X, the platform formerly known as Twitter, sued a group of hate speech resea.....»»
Team develops novel sponge-based triboelectric nanogenerator for corrosion protection in transportation systems
Corrosion causes significant losses to various industries. Cathodic protection is used to protect steel in marine industries. Triboelectric nanogenerators (TENG) converts mechanical energy into electricity based on triboelectrification and electrosta.....»»
Global roaming fraud losses to surpass $8 billion by 2028
Losses from global roaming fraud are anticipated to exceed $8 billion by 2028; driven by the increase in bilateral roaming agreements for data-intensive use cases over 5G networks, according to Juniper Research. In turn, it predicts fraudulent data t.....»»
Businesses increasing Apple hardware buys because of longevity & reliability
The use of Apple hardware is beneficial in enterprise in a number of ways, a survey of IT professionals and executives has determined, with more businesses also buying more Mac, iPad, and iPhone units for use by employees.Apple Business EssentialsApp.....»»
A promising bacterial suicide gene against citrus Huanglongbing and canker
Huanglongbing (HLB), caused by Candidatus Liberibacter asiaticus (CaLas), is the No. 1 killer of citrus trees worldwide. HLB causes billions of dollars in annual economic losses to the global citrus industry......»»
Ford bullish on EVs despite losses, production challenges
The automaker says a second-generation platform that will underpin a full-size pickup and two crossovers in the next few years will be key to making its EV business profitable......»»
South Korea clears path for Hyundai strike, union says
If the strike goes forward, it could disrupt delivery of some popular vehicles and cause up to $755 million in losses......»»
BYD unit buys U.S. company Jabil"s mobile parts business in China for $2.2B
The deal will expand BYD Electronic's customer base, product portfolio and its smartphone components business as it looks to capture Jabil's potential growth in the sector......»»
Car Pros Automotive Group buys Los Angeles BMW and Mini dealerships
Car Pros Automotive Group now has a luxury dealership in its portfolio thanks to its first acquisition in nearly four years......»»
Anderson Automotive buys 7 South Carolina car dealerships
North Carolina's Anderson Automotive Group, which bought five South Carolina dealerships in a January purchase, returned to South Carolina to make its latest multi-dealership acquisition......»»
SpaceX reportedly turns a profit after two annual losses
Elon Musk's spaceflight company turned a profit of $55 million in the first quarter of this year, according to documents obtained by a major news outlet......»»
UAW strike on Detroit 3 would cost economy billions, report says
A hypothetical 10-day strike against the Detroit 3 would result in more than $5 billion in economic losses, according to the analysis from Anderson Economic Group......»»
Zeigler Auto buys 2 Subaru dealerships in Indiana
Zeigler Auto Group, which bought three franchised dealerships in Michigan last month, expanded its Indiana presence with its latest acquisition......»»
Product showcase: Free email security test by ImmuniWeb Community Edition
According to an FBI report, in 2022, global losses from business email compromise (BEC) and email account compromise (EAC) attacks attained $43 billion, hitting a historic anti-record. Multiple cybersecurity vendors, including Microsoft and Trend Mic.....»»
Accelerated evolution and automated aquaculture could help coral weather the heat
Coral on the Great Barrier Reef has regrown strongly after the big losses of 2016 and 2017, when water temperatures were significantly above the long-term average. While this is good news, it's largely luck. The reef experienced mass bleaching in 202.....»»
Penske buys 2 North Carolina luxury dealerships
Penske Automotive Group chairman Roger Penske said the publicly-held retailer is pleased to enhance its premium retail automotive brand mix in the Southeast......»»
Scientists pioneer new machine learning model for corrosion-resistant alloy design
In a world where annual economic losses from corrosion surpass 2.5 trillion US Dollars, the quest for corrosion-resistant alloys and protective coatings is unbroken. Artificial intelligence (AI) is playing an increasingly pivotal role in designing ne.....»»
LG buys patents to speed up bringing microLED to Apple Watch Ultra
LG Display has bought the rights to 14 patents that are all to do with the notoriously problematic microLED displays that Apple Watch Ultra is expected to gain by 2026.Apple Watch UltraMicroLED gives higher brightness and sharper images than OLED, an.....»»
Top fish predators could suffer wide loss of suitable habitat by 2100 due to climate change
A study of 12 species of highly migratory fish predators—including sharks, tuna, and billfish such as marlin and swordfish—finds that most of them will encounter widespread losses of suitable habitat and redistribution from current habitats in th.....»»
Ford shuts down in Brazil, and China’s top EV maker comes to the rescue
BYD is wrapping up negotiations with Ford to buy a shut-down factory in Camaçari, about 30 miles north of Salvador, the state capital of Bahia......»»