German EV charging company plans $14.4 million North American headquarters in Detroit
German EV charging company EcoG plans to invest $14.4 million and create a North American headquarters in Detroit's Corktown neighborhood......»»
Uncovering the reasons behind the rapid warming of the North Pole
The North Pole region heats up faster than the rest of the world. Though this is a known fact, climate models underestimate the speed with which the region warms up. Sjoert Barten obtained his PhD on this subject at Wageningen University & Research o.....»»
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.”.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»
Lucid to report Q1 earnings amid cash burn, waning EV growth
The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year......»»
Japanese satellite chases down space junk
A satellite from Japanese company Astroscale has taken an up-close image of a piece of space debris it has been chasing down......»»
iPhone 16 molds reveal change to MagSafe charging ring
A French website has obtained what appear to be molds of the iPhone 16 line-up, showing what appears to be a small but still notable change to the MagSafe charging ring. The molds also reflect the changes we’re expecting to see to the camera lay.....»»
AT&T is charging customers extra for faster 5G speeds
It looks like AT&T has announced an add-on feature for its 5G plans where customers can pay more for faster speeds. The post AT&T is charging customers extra for faster 5G speeds appeared first on Phandroid. The speed of 5G is dependent on.....»»
Apple said to be stealing tech from expensive suppliers to give to cheaper ones
A new report claims that a supplier may develop new technology or new processes, only for Apple to — perfectly legally — take that work to a cheaper company, sometimes leaving the original one to go bankrupt.Apple has suppliers all over the world.....»»
What’s happening at Tesla? Here’s what experts think.
Can things be turned around at Tesla, or is this the beginning of the end? Enlarge (credit: Aurich Lawson | Getty Images | Beata Zawrzel) No car company in recent years has been able to generate more news headlines than.....»»
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.....»»
Rocket Report: Astroscale chases down dead rocket; Ariane 6 on the pad
Rocket Factory Augsburg, a German launch startup, nears a test-firing of its booster. Enlarge / This image captured by Astroscale's ADRAS-J satellite shows the discarded upper stage from a Japanese H-IIA rocket. (credit: Astrosca.....»»
Research quantifies "gap" in carbon removal for first time—shows countries need more awareness, ambition and action
New research involving the University of East Anglia (UEA) suggests that countries' current plans to remove CO2 from the atmosphere will not be enough to comply with the 1.5ºC warming limit set out under the Paris Agreement......»»
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.....»»
Tim Cook teases AI ambitions & Apple"s developmental advantages
During the earnings call, CEO Tim Cook dodged as many questions as he answered about Apple's AI plans, but did share some insights into the company's philosophies about the approach.Apple's Tim Cook teases AI ambitions in latest earnings callWhile Ap.....»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
Citizen science project finds that respectful boat users are rewarded with magical dolphin encounters
A citizen science project reveals that most boat users along the North-East coast in the U.K. do not disturb dolphins and are often rewarded with close-up encounters......»»
NASA selects 9 companies to work on low-cost Mars projects
NASA is expanding its plans for Mars, looking at not only a mission to bring back a sample but also smaller, lower-cost missions to enable exploration......»»
Apple announces Q2 2024 earnings, slightly beating expectations with $90.75 billion revenue
Apple has disclosed its fiscal year 2024 Q2 earnings results. The company reports $90.75 billion in revenue during the three-month period, dropping 4.31% year over year. Analysts expected revenue around $90.33 billion. Apple netted $23.64 billion i.....»»