EV maker Polestar raises $950 million, anticipates improved profit margin
Polestar projects double-digit gross profit margin by year end......»»
Tesla’s 2 million car Autopilot recall is now under federal scrutiny
NHTSA has tested the updated system and still has questions. Enlarge / A 2014 Tesla Model S driving on Autopilot rear-ended a Culver City fire truck that was parked in the high-occupancy vehicle lane on Interstate 405. (credit: C.....»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
Tesla"s recall of 2 million vehicles for Autopilot issues being probed by NHTSA
The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»
Canadian government plans to amend legislation to allow detained migrants to be held in federal prisons
The Canadian government recently proposed earmarking $325 million in the 2024 federal budget to upgrade federal immigration detention centers to hold more people. The budget also proposes to amend the law to allow federal prisons to be used to detain.....»»
Tesla"s recall of 2 million vehicles for Autopilot issues now being probed by NHTSA
The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»
Breaking down the numbers: Cybersecurity funding activity recap
Here’s a list of interesting cybersecurity companies that received funding so far in 2024. Aim Security January | $10 million Aim Security raised $10 million in seed funding, led by YL Ventures, with participation from CCL (Cyber Club Lond.....»»
NASA"s Deep Space Optical Communications demonstration transmits data over 140 million miles
Riding aboard NASA's Psyche spacecraft, the agency's Deep Space Optical Communications technology demonstration continues to break records. While the asteroid-bound spacecraft doesn't rely on optical communications to send data, the new technology ha.....»»
Psyche spacecraft sends data back to Earth using lasers for the first time
NASA's experimental laser communication system, riding along with the Psyche spacecraft, has transmitted Psyche data from over 140 million miles away......»»
Tesla"s freshened Model 3 Performance is a crazy fast, 510-hp bargain
Tesla adds adaptive suspension, improved sport seats and carbon-fiber interior accents. The performance trim is also the only Model 3 eligible for the $7,500 EV credit, making it a bargain......»»
CarNow eyes expansion, possible acquisitions after debt financing
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion......»»
The Polestar Phone is Here, and it Looks Pretty Familiar
At the moment the phone is exclusive for Chinese markets. The post The Polestar Phone is Here, and it Looks Pretty Familiar appeared first on Phandroid. A while back, it was reported that EV manufacturer Polestar was working on launching i.....»»
How worrying is bird flu"s jump to dairy cows? Here"s what experts say
Since 2022, a highly contagious strain of bird flu has spread across the U.S. at an unprecedented rate, resulting in the deaths of more than 90 million birds in commercial and backyard poultry flocks, plus thousands more in the wild......»»
Family farms are fast disappearing: Research shows how young generations can take them up successfully
While some might think that family-run farms are a thing of the past, they are in fact the dominant business model in Europe. In 2020, they accounted for slightly more than 9 in every 10 of the EU's 9.1 million farms......»»
The Asus ROG Ally just got a game-changing update
The most recent update for the Asus ROG Ally adds frame generation to the handheld, which promises vastly improved performance......»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
Pretax charges drop Sonic Automotive"s Q1 net income
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
The Polestar Phone Makes its Debut
At the moment the phone is exclusive for Chinese markets. The post The Polestar Phone Makes its Debut appeared first on Phandroid. A while back, it was reported that EV manufacturer Polestar was working on launching its first-ever smartpho.....»»
Sublime Security secures $20 million to strengthen cloud email security and visibility
Sublime Security has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Cybersecurity visionary and Crowdstrike Co-founder & former CTO Dmitri Alperovitch is al.....»»
Dropzone AI raises $16.85 million to combat advanced AI attacks
Dropzone AI has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman.....»»