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EV startups in dire straits

Tesla CEO Elon Musk recently warned that US electric vehicle (EV) startups Rivian and Lucid could both go bankrupt if they do not significantly lower their costs......»»

Category: itSource:  digitimesJun 20th, 2022

Week in review: 10 cybersecurity startups to watch, admins urged to remove VMware vSphere plugin

Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Inside the strategy of Salesforce’s new Chief Trust Officer In this Help Net Security interview, Arkin discusses a collaborative approach to build.....»»

Category: securitySource:  netsecurityRelated NewsFeb 25th, 2024

Rivian, Lucid earnings reports tell a tale of a tough EV market

Rivian and Lucid are burning through cash. Sales are expected to be flat this year. The EV startups, along with Tesla, are trying to move downmarket for growth......»»

Category: topSource:  autonewsRelated NewsFeb 24th, 2024

10 cybersecurity startups to watch in 2024

At Help Net Security, we’ve been following the cybersecurity business landscape closely for the past 25 years. Through our Industry News section, we’ve been tracking the pulse of the cybersecurity world, bringing you product news from com.....»»

Category: securitySource:  netsecurityRelated NewsFeb 21st, 2024

Rivian and Lucid to report Q4 earnings as the once-hot startups face cooling EV demand

Rivian and Lucid cut vehicle prices in February even as both burn through cash. The startups once had higher market valuations than GM or Ford but are now worth a small fraction of their market peaks......»»

Category: topSource:  autonewsRelated NewsFeb 20th, 2024

Disinformation threatens global elections: How to fight back

With over half the world's population heading to the polls in 2024, disinformation season is upon us—and the warnings are dire. The World Economic Forum declared misinformation a top societal threat over the next two years and major news organizati.....»»

Category: topSource:  physorgRelated NewsFeb 19th, 2024

Amazon rainforest may face tipping point by 2050: Study

The Amazon rainforest is facing a barrage of pressures that might tip it into large-scale ecosystem collapse as soon as 2050, according to new research Wednesday warning of dire consequences for the region and the world......»»

Category: topSource:  physorgRelated NewsFeb 17th, 2024

Lucid cuts U.S. prices, joining Rivian and Tesla as EV startups face easing demand

Lucid's base Air sedan gets a $7,500 reduction, now starting at $71,400 with shipping. The move comes after a $3,100 price cut on base Rivian models and a $1,000 discount on some Tesla Model Y trims......»»

Category: topSource:  autonewsRelated NewsFeb 15th, 2024

Hacking the flow: The consequences of compromised water systems

In this Help Net Security video, Andy Thompson, Offensive Cybersecurity Research Evangelist at CyberArk, discusses the dire consequences of hacking water systems and why their cybersecurity must be prioritized. From contaminating water supplies to di.....»»

Category: securitySource:  netsecurityRelated NewsFeb 12th, 2024

Metals could reveal corals" past lives

Coral reefs worldwide face dire threats from ocean warming, increasing acidification, pollution, and other stressors. Understanding how corals respond to stress and how they evolved along with their environments is critical for designing intervention.....»»

Category: topSource:  physorgRelated NewsFeb 6th, 2024

Lucid turns to Saks Fifth Avenue for test drives, marketing

As some EV startups recruit U.S. dealers for retail help, Lucid is partnering with Saks for Air sedan test drives and marketing. Air sales fell 10 percent in the fourth quarter to 1,734 despite generous promotions......»»

Category: topSource:  autonewsRelated NewsFeb 6th, 2024

Governments spend US$22 billion a year helping the fishing industry empty our oceans. This injustice must end

Overfishing has dire consequences for ocean health and for the millions of people who depend on fish for food and well-being. Globally, catch has been steadily declining since the 1990s. It's a trend that's likely to continue if we fail to act now......»»

Category: topSource:  physorgRelated NewsFeb 3rd, 2024

Air mobility meets autos: Stellantis, Toyota, Hyundai bring manufacturing muscle to new market

Air mobility startups envision deploying thousands of eVTOL aircraft. That's where the automotive industry's mass manufacturing capabilities enter the picture. Here's a look at the key automotive-aviation tie-ups, how they've grown and where they sta.....»»

Category: topSource:  autonewsRelated NewsJan 30th, 2024

FordDirect debuts online marketplace for Ford, Lincoln dealers

The Shop is a marketplace where Ford and Lincoln dealers can buy software and services from curated vendors and startups......»»

Category: topSource:  autonewsRelated NewsJan 29th, 2024

Apple aims to run AI models directly on iPhones, other devices

Apple has acquired 21 AI startups since the beginning of 2017. Enlarge (credit: FT montage/AFP/Getty Images) Apple is quietly increasing its capabilities in artificial intelligence, making a series of acquisitions, staff.....»»

Category: topSource:  pcmagRelated NewsJan 24th, 2024

Why Humans Are Putting a Bunch of ‘Coal’ and ‘Oil’ Back in the Ground

Startups are processing plant waste into concentrated carbon to be buried or injected underground. It’s like fossil fuels, but in reverse......»»

Category: topSource:  marketingvoxRelated NewsJan 16th, 2024

These Mining Companies Are Ready to Raid the Seabed

Ocean exploration to prepare for deep-sea mining has been greenlit in Norway. These are the startups hoping to benefit......»»

Category: topSource:  marketingvoxRelated NewsJan 16th, 2024

The situation with Astrobotic’s lunar lander appears to be quite dire

"We do not expect every launch and landing to be successful." Enlarge / Astrobotic's Peregrine lander is seen recently encapsulated inside the Vulcan rocket's payload fairing. (credit: United Launch Alliance) On Monday m.....»»

Category: topSource:  arstechnicaRelated NewsJan 8th, 2024

First step towards synthetic carbon dioxide fixation in living cells

Synthetic biology offers the opportunity to build biochemical pathways for the capture and conversion of carbon dioxide (CO2). Researchers at the Max-Planck-Institute for Terrestrial Microbiology have developed a synthetic biochemical cycle that dire.....»»

Category: topSource:  marketingvoxRelated NewsJan 2nd, 2024

Big Tech is spending more than VC firms on AI startups

Microsoft, Google, and Amazon haved crowded out traditional Silicon Valley investors. Enlarge / A string of deals by Microsoft, Google and Amazon amounted to two-thirds of the $27 billion raised by fledgling AI companies in 2023.....»»

Category: topSource:  arstechnicaRelated NewsDec 27th, 2023

Elon Musk’s X ad revenue reportedly fell $1.5B this year amid boycotts

"We are not Twitter any longer," X exec said. Enlarge (credit: Leon Neal / Staff | Getty Images Europe) It's hard to know exactly how dire the financial situation is at Elon Musk's X (formerly Twitter). However, insider.....»»

Category: topSource:  arstechnicaRelated NewsDec 13th, 2023