Fiat Chrysler to pay $3.5 billion special dividend to shareholders Jan. 29
FCA and PSA expect to complete their $52 billion merger to create Stellantis on Saturday after their investors gave their blessing to the plan last week......»»
Health care giant comes clean about recent hack and paid ransom
Ransomware attack on the $371 billion company hamstrung US prescription market. Enlarge (credit: Getty Images) Change Healthcare, the health care services provider that recently experienced a ransomware attack that hamst.....»»
Apple promoting May 7 keynote as a ‘different kind of Apple Event’
As you may know by now, Apple will be holding a special event on May 7 to announce new iPads. The event will be pre-recorded just like other Apple events. However, the company is now promoting its upcoming keynote as a “different kind of Apple Even.....»»
Behind the wheel of CXC’s $600,000 off-road racing simulator
CXC Simulations wanted to build something special for a cruise liner. Enlarge / CXC Simulations needed to come up with something special for Norwegian Cruise Lines, so it built an off-road racing simulator. (credit: CXC Simulatio.....»»
Why Honda chose Canada for its $11 billion EV hub
Taking advantage of production subsidies offered by the U.S. may have put the company ahead financially, but Canada’s tax credits came with no uncertainty......»»
AI hardware is like trying to invent the iPod after the iPhone
For some reason which utterly eludes me, 2024 seems to be the year of AI hardware. We’ve had the Humane AI Pin, the Rabbit R1, and even former Apple design chief Jony Ive reportedly seeking a billion-dollar bet for his own attempt. Reviews of Hu.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
ASUS Teases its Upcoming AI-powered PC
ASUS adds that attendees will have a chance to see its new device lineup at Computex 2024. The post ASUS Teases its Upcoming AI-powered PC appeared first on Phandroid. ASUS recently announced that it will be holding a special launch event.....»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
Apple Pencil coming on May 7 could buzz users with haptic feedback
The next generation of Apple Pencil could have haptic feedback, buzzing a user's fingers as they draw and write.The first and second-generation Apple PencilApple's holding a special event on May 7, which is expected to include updates to the iPad lin.....»»
Apple’s ‘Let Loose’ iPad event said to include a special event in London as well
Apple has a special event set for May 7, during which it is expected to “Let loose” and debut big changes to the iPad lineup. In an interesting twist, it sounds like there will be a companion event held by Apple in London that day as well......»»
BMW to invest another $2.76 billion in China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»
Cicada-palooza! Billions of bugs to blanket America
They're loud. They're sexually aroused. And for one special, cacophonous month up to a trillion of them will engulf suburbs and woodlands across America......»»
How one special feature changed my smartphone photos forever
It's an easily ignored feature, but the OnePlus 12's Master Mode is way more than just another Pro camera mode — and using it has changed my photos forever......»»
Message-scraping, user-tracking service Spy Pet shut down by Discord
Bot-driven service was also connected to targeted harassment site Kiwi Farms. Enlarge (credit: Discord) Spy Pet, a service that sold access to a rich database of allegedly more than 3 billion Discord messages and details.....»»
BMW to invest a further $2.76 billion in key market China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
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:.....»»
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......»»