Facebook Is Spending At Least $10 Billion This Year On Its Metaverse Division
Last week, Facebook announced plans to hire 10,000 workers in the European Union to help build "the metaverse," a futuristic notion for connecting online that uses augmented and virtual reality. We now know how much the company plans to spend on this.....»»
Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»
Honda to spend $11 billion on four EV factories in North America
The new facilities are in addition to the previously announced EV hub in Ohio. Enlarge / Honda is investing CAD$15 billion (US $11 billion) to expand EV manufacturing in North America with four sites in Ontario, Canada. (credit:.....»»
Study shows the longer spilled oil lingers in freshwater, the more persistent compounds it produces
Oil is an important natural resource for many industries, but it can lead to serious environmental damage when accidentally spilled. While large oil spills are highly publicized, every year, there are many smaller-scale spills into lakes, rivers, and.....»»
Arizona"s 1864 abortion law was made in a women"s rights desert—here"s what life was like then
Dora Juhl, a 15-year-old teenager, walked into Dr. Rosa Goodrich Boido's obstetrical practice in Phoenix in January 1918. Juhl wanted to end her pregnancy......»»
The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup
A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this decade to 2040......»»
Paper Mario: The Thousand-Year Door remake is full of quality of life updates
Nintendo gave us a close look at some of the changes coming to its upcoming Paper Mario: The Thousand-Year Door remake......»»
Tribeca Games 2024 will feature 7 games and a Final Fantasy 7 panel
This year's Tribeca Festival will feature playable demos for seven games and a panel on the making of Final Fantasy VII Rebirth......»»
Toyota invests $1.4 billion in Indiana plant for large EV
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»
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......»»
Mobileye quarterly loss widens, revenue plunges as chip orders decline
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory. .....»»
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......»»
IBM acquires HashiCorp in multi-billion dollar deal to boost cloud reach
HashiCorp agrees to $6.4 billion takeover deal by IBM as the companies look to take on more of the market......»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»
Heatstroke kills 30 in Thailand this year as Southeast Asia bakes
Millions of people across South and Southeast Asia sweltered through unusually hot weather on Thursday, as the Thai government said heatstroke has already killed at least 30 people this year......»»
In south China, silkworm farmers reel from deadly floods
Hose in hand, 40-year-old Zhu Huangyi cleans a small concrete room once home to his silkworms, two thirds of which were lost in deadly floods hitting southern China this week......»»
Mercedes warms to ICE vehicles as EV growth cools in the U.S.
Mercedes expects to sell about 50,000 more coupes, sedans, crossovers and SUVs in the U.S. in 2024 compared with last year......»»
Honda spending $11B on EV assembly, battery output in Canada, reports say
The company’s leadership will be joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»
Heatstroke kills 30 in Thailand this year as kingdom bakes
Thailand issued fresh warnings about scorching hot weather on Thursday as the government said heatstroke has already killed at least 30 people this year......»»
Emperor penguins perish as ice melts to new lows: Study
Colonies of emperor penguin chicks were wiped out last year as global warming eroded their icy homes, a study published Thursday found, despite the birds' attempts to adapt to the shrinking landscape......»»
Political "color" affects pollution control spending in the US, new study finds
A new study led by the University of East Anglia (UEA) shows how firms in the United States behave differently depending on the political party in charge—even if they do not change policies......»»