Fisker appoints chief restructuring officer after missing payment to noteholder
Fisker said in its 2023 annual report that it may have to file for bankruptcy protection within 30 days if it does not get relief from its creditors. A forbearance agreement with one noteholder expires May 1......»»
Luminar lays off 20 percent of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an "asset light" model that includes outsourcing industrialization......»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
2024 Acura ZDX born from ‘good collaboration" with General Motors, chief engineer says
Acura worked closely with General Motors to ensure that the co-developed ZDX midsize crossover hit the import brand's performance goals......»»
If you’re not using PlayStation Stars, you’re missing out
The PlayStation Stars program still isn't perfect two years later, but is a hidden gem that all players should take advantage of......»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»
Tim Cook: Apple has advantages that will set its generative AI apart from the competition
Following on from the announcement of Apple’s second quarter fiscal 2024 results, Apple CEO Tim Cook joined the company’s chief financial officer Luca Maestri on a call with investors. During this call, Cook again teased Apple’s upcoming genera.....»»
Apple Pay promo offers up to 20% off great Mother’s Day gifts
Apple has launched its newest specials when using its payment platform. For Mother’s Day, use Apple Pay to get up to 20% off a range of gifts from flowers, jewelry, chocolate, clothing, gift boxes, and more. Here are the details. more….....»»
Kenya floods death toll rises to 188 as heavy rains persist
The number of people who have lost their lives in devastating floods in Kenya since March has risen to 188, with dozens still missing, the interior ministry said on Thursday......»»
Mystery behind huge opening in Antarctic sea ice solved
Researchers have discovered the missing piece of the puzzle behind a rare opening in the sea ice around Antarctica, which was nearly twice the size of Wales and occurred during the winters of 2016 and 2017......»»
CERN gives green light to build new experiment to search for unknown particles
After many years of preparations, CERN has approved a new experiment: the Search for Hidden Particles (SHiP). Physicist Alexey Boyarsky was involved from the start. "We know there is physics that's missing and we aim to find it.".....»»
TikTok pulls a "Fortnite" and is trying to dodge in-app purchase fees
TikTok may be trying to follow in Epic's "Fortnite" footsteps by sneaking in external payment links that violate App Store guidelines.TikTok's external links may violate App Store guidelinesApple has very strict App Store guidelines surrounding what.....»»
How to turn off call forwarding on iPhone and Android
Missing calls on your iPhone or Android smartphone? It might be because call forwarding is on. Here's how to turn it off......»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
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.....»»
Missing link in species conservation: Pharmacists, chemists could turn tide on plant, animal extinction
As the world faces the loss of a staggering number of species of animals and plants to endangerment and extinction, one University of Michigan scientist has an urgent message: Chemists and pharmacists should be key players in species conservation eff.....»»
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.....»»
Neutron stars could be capturing primordial black holes
The Milky Way has a missing pulsar problem in its core. Astronomers have tried to explain this for years. One of the more interesting ideas comes from a team of astronomers in Europe and invokes dark matter, neutron stars, and primordial black holes.....»»
HP Omen 40L desktop review: missing what counts the most
HP has the pricing and specs nailed with the Omen 40L, but it falls short of expectations when it comes to performance......»»