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EV maker Polestar raises $950 million, anticipates improved profit margin

Polestar projects double-digit gross profit margin by year end......»»

Category: topSource:  autonewsFeb 28th, 2024

Group 1 Automotive"s Q1 acquisitions cost almost $700 million

The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett Automotive Group in the first quarter......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

U.S. agency raises safety concerns on Ford crossover fuel leak recall

The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy and safety consequences of Ford's proposed recall remedy for 2022-2023 model year Bronco Sport and 2022 Ford Escape SUVs with 1.5L engines......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

4 Best British Technology and Science YouTube Channels

Mrwhosetheboss Arun Rupesh Maini, better known as Mrwhosetheboss, is a British YouTuber known for his technology-related content. He has the UK’s most subscribed tech influencer, with a whopping 3.26 million subscribers. Arun’s... The post 4 Best.....»»

Category: topSource:  pcmagRelated NewsMay 9th, 2024

Apple profits surge as consumers choose pricier iPhone storage options

Amidst plateauing iPhone sales, Apple's enhanced storage upgrade options have emerged as a significant profit driver.Apple profits surge as consumers choose pricier iPhone storage optionsApple has long leveraged the strategy of encouraging iPhone use.....»»

Category: appleSource:  appleinsiderRelated NewsMay 8th, 2024

Researchers map out anatomy of wooden breast syndrome in broiler chickens

Each year, Delaware farms raise more than 240 million broiler chickens, the top agricultural commodity in the state with a $3.5 billion impact on the state's economy......»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

Walking in African cities can be a miserable experience: Study shows planners ignore needs of pedestrians

African cities aren't welcoming places for pedestrians. Yet walking is free and, given the shortage of decent public transport, it's often the only way for people to move around. More than 70% of Africa's urban population of about 609 million walk da.....»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships

Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Discovery of ancient Glaswegian shrimp fossil reveals new species

A short but robust little shrimp may have died out over 330 million years ago during the Carboniferous period, but the rare Scottish shellfish has been revitalized as a new species to science and as a Glaswegian......»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

Sling TV slips below 2 million subscribers, and it seems OK with that

Sling TV's owners are focusing on getting fewer subscribers to pay more, rather than worrying about growing the streaming TV service......»»

Category: topSource:  digitaltrendsRelated NewsMay 8th, 2024

US restorationist solves 60-million-year-old dinosaur fossil "puzzles"

Before a T. rex can tower over museum visitors or a Triceratops can show off its huge horns, dinosaur fossils must first be painstakingly reconstructed—cleaned, fit together and even painted......»»

Category: topSource:  physorgRelated NewsMay 8th, 2024

CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production

Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Toyota CEO Sato leads automaker to record profit, sales, production

Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

Forgepoint Capital boosts Nudge Security’s seed round

Nudge Security announced new funding from Forgepoint Capital, which joins Ballistic Ventures in bringing the fast-growing startup’s seed funding to $16.5 million. Forgepoint Co-Founder and Managing Director Alberto Yépez will join the Nudge Securi.....»»

Category: securitySource:  netsecurityRelated NewsMay 8th, 2024

GM tries to lure Tesla’s jilted interns during mass downsizing

General Motors Co. hopes to take advantage of Tesla Inc.’s downsizing, with a company recruiter reaching out to former interns who were sent packing by the electric-vehicle maker......»»

Category: topSource:  autonewsRelated NewsMay 8th, 2024

M4 iPad Pro vs M2 iPad Pro: What’s new and improved?

The all-new 2024 iPad Pro with M4 chip takes performance to the next level. So what’s been upgraded from the previous iPad Pro? Read along for a detailed look at the M4 iPad Pro vs M2 iPad Pro. more….....»»

Category: topSource:  pcmagRelated NewsMay 7th, 2024

Ransomware mastermind LockBitSupp reveled in his anonymity—now he’s been ID’d

The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»

Category: topSource:  arstechnicaRelated NewsMay 7th, 2024

Microsoft shuts down Bethesda’s Hi-Fi Rush, Redfall studios

Xbox maker wants to "prioritiz[e] high-impact titles" according to letter to staff. Enlarge / Artist's conception of Microsoft telling Hi-Fi Rush maker Tango Gameworks they no longer exist as a studio. (credit: Tango Gameworks).....»»

Category: topSource:  arstechnicaRelated NewsMay 7th, 2024

The mastermind of the prolific ransomware group LockBit has finally been unmasked

The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»

Category: topSource:  arstechnicaRelated NewsMay 7th, 2024

Maker Spotlight: Rob Richards

While on an online exploration for potential exhibits for Maker Faire Bay Area 2024, I chanced upon Rob Richards and his forthcoming project, “Echoes of the Heart,” slated for Burning Man 2024. Intrigued, I reached out to learn more. Hai.....»»

Category: gadgetSource:  makezineonlineRelated NewsMay 7th, 2024