Foundry PSMC sees revenue, profit surge in 2021
Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC) saw its revenue hit a record high of NT$65.62 billion (US$2.38 billion) in 2021, when pre-tax profits hiked 300% on year to NT$19.21 billion......»»
What AI can tell organizations about their M&A risk
Following the past few years of economic turbulence, merger and acquisition (M&A) activity is on the rise in 2024, with several acquisition deals being announced in the first few months of the year valued at billions of dollars. With the surge of AI.....»»
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. Â .....»»
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......»»
Hyundai doubles down on hybrids after Q1 profit slips 2.4%
After posting a 2.4 percent drop in quarterly profit, Hyundai said it will continue to expand its electrified model lineups globally by introducing more hybrids and new Ioniq models......»»
Anker sale: up to 40% off portable chargers, cable, and more
Anker's Earth-Day sale sees a ton of excellent deals with up to 40% off, so be sure to check everything available to snag yourself some of the best products......»»
iMazing 3 launches for Mac and PC with all-new design, fresh features, dark mode, more
iMazing has been a go-to tool for Apple power users and IT admins for almost 20 years, now developer DigiDNA is out with iMazing 3. The major release sees a re-engineering of the whole app that brings a new UI and features, and even Vision Pro compat.....»»
Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle
Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»
Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production
Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»
Save $150 on a lifetime license for Microsoft Office for PC
A lifetime license of Microsoft Office Professional 2021 can be snapped up now for just $70. Here's why it's worth the price......»»
Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Airborne observations of Asian monsoon sees ozone-depleting substances lofting into the stratosphere
Powerful monsoon winds, strengthened by a warming climate, are lofting unexpectedly large quantities of ozone-depleting substances high into the atmosphere over East Asia, new research shows......»»
Climate change supercharged a heat dome, intensifying 2021 fire season, study finds
As a massive heat dome lingered over the Pacific Northwest three years ago, swaths of North America simmered—and then burned. Wildfires charred more than 18.5 million acres across the continent, with the most land burned in Canada and California......»»
Group 1 net income falls nearly 7 percent in Q1
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Tesla profits drop 55% as Elon Musk dodges cheap car questions
Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»
Lithia Q1 net income down 28% as margins slip
Lithia Motors said it sold 188,119 new and used vehicles with a gross profit of $4,346 in the first quarter......»»
Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion
Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»
Apple Arcade is about fun, not profit, says exec in charge
Apple executive Alex Rofman says Apple Arcade was not set up to make the company money, but also insists that game developers are getting an income.Apple ArcadeApple Arcade launched in 2019, and was then included in the Apple One bundle in 2020. Toda.....»»
GM posts higher Q1 profit, ups 2024 financial guidance
GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»
Home Assistant has a new foundation and a goal to become a consumer brand
Can a non-profit foundation get Home Assistant to the point of Home Depot boxes? Enlarge (credit: Open Home Foundation) Home Assistant, until recently, has been a wide-ranging and hard-to-define project. The open smart h.....»»