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.....»»
Apple buys Foxconn servers for testing its AI services
Apple's artificial intelligence work has now extended to it needing a series of servers for testing, and Foxconn is its exclusive supplier.Apple is to test AI services which might boost Siri's capabilitiesTim Cook has said that Apple has been working.....»»
Report: Apple buys every 3 nm chip that TSMC can make for next-gen iPhones and Macs
TSMC is said to eat the cost of defective chips so it can keep Apple's business. Enlarge / Silicon wafers from a TSMC factory. (credit: Taiwan Semiconductor Manufacturing Co., Ltd.) It's been rumored for several months n.....»»
Razzlekhan and husband guilty of $4.5bn Bitcoin launder
Heather Morgan and husband Ilya Lichtenstein plead guilty to money laundering and defrauding the US......»»
Auto suppliers brace for a strike that could turn the supply chain on its head
Some suppliers exposed to Detroit 3 customers have tightened up spending and baked potential losses into forecasts for the second half of the year......»»
LG Display buys 14 US patents as it prepares for microLED Apple Watch Ultra
While a second-generation Apple Watch Ultra is expected later this September, Apple aims to release a top-tier Apple Watch with a microLED display sometime soon. … The post LG Display buys 14 US patents as it prepares for microLED Apple Watch U.....»»
A path to defeating crop-killing gray mold without toxic chemicals
It's a mold that causes billions in crop losses every year, infecting berries, tomatoes and most other fruits and vegetables. Now, researchers have found a way to defeat the mold without showering toxic chemicals on the crops......»»
Tech shares fall as China mulls child smartphone limits
Shares of firms such as Alibaba and video-sharing website Bilibili extended their losses in Asia on Thursday......»»
Lithia buys Honda dealership in San Antonio
Growing Lithia Motors entered San Antonio for the first time with the purchase of a Honda dealership......»»
Ken Garff Automotive buys 7 Hawaii Kia dealerships
The seven dealerships will retain their names and leadership teams......»»
York fire in Mojave Desert along California-Nevada border balloons to 77,000 acres
A wildfire blazing along the Southern California-Nevada border, burning through delicate Joshua Tree forests, continued to swell Monday—becoming the state's largest of the fire season......»»
Removing ozone pollution across India could boost food welfare benefits by billions of dollars a year
Removing ozone pollution across India could boost food welfare benefits by more than four billion dollars a year through avoidance of wheat yield losses of approximately 14%, according to the results of a pioneering international study......»»
TrueCar, amid restructuring and new CEO, says Q2 net losses surpass $20 million
The vehicle listings company said its second-quarter net loss included a $7.1 million charge for restructuring......»»
Ford posts $1.9B Q2 net income, raises guidance but forecasts larger EV losses
Ford made $2.3 billion from its gasoline-powered vehicle business and $2.4 billion from its commercial unit but lost $1.1 billion on EVs......»»
Tekion buys vehicle registration technology company Five64
The dealership management company wants to simplify interstate vehicle purchases for dealers. Five64 filed for Chapter 11 federal bankruptcy protection in April......»»
Molecular highway for electrons in organic light-emitting diodes: Researchers develop new material concept
Organic light-emitting diodes (OLEDs) are now widely used. For use in displays, blue OLEDs are additionally required to supplement the primary colors red and green. Especially in blue OLEDs, impurities give rise to strong electrical losses, which cou.....»»
Spotify subscriber numbers grew significantly – and so did its losses
Spotify subscriber numbers grew significantly in the second quarter of the year, says the company, citing big growth in both free and paying users … more… The post Spotify subscriber numbers grew significantly – and so did its losses appeare.....»»
Spotify raising premium plan prices in US to try to stay profitable
After years of on-again off-again profits and losses, Spotify is raising its subscription price for U.S. subscribers by $1 in hopes of staying in the black.Credit: SpotifyWhile the change hasn't been announced yet, the cost of Spotify's ad-free premi.....»»
Carvana to launch celebrity ad campaign yet remains cautious toward advertising
The used car brand has had to cut back on its ad budget in order to stave off losses......»»
Apple Card contributes to another $667 million loss for Goldman Sachs: ‘We did not execute well’
Back in January, we learned that Apple Card has been responsible for more than a billion dollars in losses for Goldman Sachs in recent years. Now amid rumors that Apple is looking to leave Goldman for Amex, the former has reported its Q2 earnings an.....»»
Goldman Sachs continues to bleed cash from Apple Card operations
Goldman Sachs has reported more losses from its credit card operations, mostly attributable to Apple Card, and it's not clear when or how the bleeding will stop.Goldman Sachs posts more losses from its credit card businessThe investment bank has rele.....»»