Fuccillo Automotive employee arrested on suspicion of stealing $1 million
Joseph Pompo, who was corporate director of finance, reinsurance and taxation for the dealership group, is accused of forming a reinsurance company using dealership funds without his employers' consent......»»
Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says
The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says......»»
Novel material supercharges innovation in electrostatic energy storage
Electrostatic capacitors play a crucial role in modern electronics. They enable ultrafast charging and discharging, providing energy storage and power for devices ranging from smartphones, laptops and routers to medical devices, automotive electronic.....»»
Exploit seller wants $2 million for a zero-day iMessage attack vector that probably doesn"t exist
A $2 million iMessage exploit listed on the dark web probably doesn't do what the sellers say that it does, but it's still a reminder that iPhones aren't hack-proof.iMessage on iPhoneAccording to a post on X made on April 15, Trust Wallet has found c.....»»
Ally net income plunges 51% in Q1, auto applications set record
Ally's auto business saw a record 3.8 million applications from consumers during the first quarter with 40% of new loan originations in the top credit tier......»»
Scientists construct organo-phosphatic shells of brachiopods
Biomineralized columns, stacked in layers like a sandwich gave Cambrian brachiopod shells their strength and flexibility 520 million years ago......»»
Discovery of new ancient giant snake in India
A new ancient species of snake dubbed Vasuki Indicus, which lived around 47 million years ago in the state of Gujarat in India, may have been one of the largest snakes to have ever lived, suggests new research published in Scientific Reports. The new.....»»
5-figure EV discounts emerge amid bloated inventories
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Apple"s iPhone recycling is a security nightmare for e-waste partners
Apple's recycling program has come under fire, with employee theft and the destruction of working iPhones named as big problems in an examination of the environmental effort.Daisy, Apple's iPhone recycling robotApple has repeatedly promoted its green.....»»
Tim Cook visits Singapore as Apple invests in a $250 million AI campus expansion
CEO Tim Cook has continued his tour of Asia by visiting Singapore, where he announced that Apple will spend $250 million to expand its existing campus there.Apple Marina Bay Sands store, SingaporeApple does not release Tim Cook's schedule in advance,.....»»
Bloated EV inventory fuels 5-figure discounts. Will more buyers emerge?
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Tim Cook visits Singapore as Apple invests $250 million
CEO Tim Cook has continued his tour of Asia by visiting Singapore, where he announced that Apple will spend $250 million to expand its existing campus there.Apple Marina Bay Sands store, SingaporeApple does not release Tim Cook's schedule in advance,.....»»
Rivian cuts more jobs with woes mounting for electric vehicle market
Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»
The Aral Sea has made Central Asia significantly dustier, according to study
The drying up of the Aral Sea has made Central Asia 7% dustier in the last 30 years. Between 1984 and 2015, dust emissions from the growing desert almost doubled from 14 to 27 million tons. This is the result of a study by the Leibniz Institute for T.....»»
Feds expand investigation into Honda’s automatic emergency braking system
3 million Honda Accords and CR-Vs are fitted with Collision Mitigation Braking System. Enlarge / Honda's forward collision warning system has always been sensitive. Now the NHTSA is investigating some Hondas for false-positive au.....»»
Solero Technologies, former BorgWarner controls unit, expands into Europe, EVs with acquisition
The acquisition of Kendrion's automotive business will double the company's annual revenue to about $500 million and open up new markets for the supplier......»»
NHTSA upgrades probe into braking issues in 3 million Honda vehicles; 50 injuries reported
NHTSA said it has received 1,294 reported complaints alleging inadvertent activation resulting in “sudden vehicle deceleration.” There were 50 reported injuries and 31 crashes, NHTSA said......»»
Mobileye set to ship at least 46 million new assisted driving chips
Israeli automotive tech company Mobileye said on Wednesday it had secured orders to ship 46 million of its EyeQ6 Lite assisted-driving chips over the next few years as automakers race to makes cars safer and easier to drive. .....»»
Marine plankton behavior could predict future marine extinctions, study finds
Marine communities migrated to Antarctica during the Earth's warmest period in 66 million years long before a mass-extinction event......»»
Armis acquires Silk Security for $150 million
Armis has acquired Silk Security for a total of $15 million and will integrate the Silk Platform into the Armis Centrix AI-based Vulnerability Prioritization and Remediation solution to supercharge its capabilities and now be able to provide security.....»»
NHTSA opens probe into braking issues in 3 million Honda vehicles
NHTSA said on Wednesday it had opened an engineering analysis to investigate reports of unexpected activation of automatic emergency braking systems on around 3 million American Honda Motor vehicles......»»