Glacier retreat in the Andes is bankrupting a billion-dollar corporation
Companies can go bankrupt due to poor business models, more successful competitors, or a decline in their target consumers. But as glacier retreat and droughts lead to lower river flows, hydroelectric power companies like Alto Maipo SpA ("Alto Maipo".....»»
Another prison term in multimillion dollar ‘Ponzi-like" car export scheme
A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in prison and ordered to pay $3.5 million in restitution for his role in defrauding franchised dealerships and vehicle brokers......»»
Ampace Andes 1500: A fast-charging power station that also looks pretty cool!
There are many power stations to choose from, but if you’re looking for something new and exciting, the Ampace Andes 1500 could be it! The post Ampace Andes 1500: A fast-charging power station that also looks pretty cool! appeared first on Phandroi.....»»
Waymo will receive $5 billion investment from parent Alphabet; former Cruise CEO fumes
Waymo will receive $5 billion over multiple years from Alphabet, executives said. Its robotaxi rival, GM subsidiary Cruise, drew a rebuke from its former CEO after delaying plans to manufacture the Origin robotaxi......»»
Tesla"s Q2 net income falls 45% to $1.5 billion, but revenue comes in slightly higher
Tesla reported revenue of $25.5 billion in the second quarter, compared with $24.9 billion a year earlier. Wall Street analysts on average had estimated revenue at $24.8 billion......»»
Alexa had “no profit timeline,” cost Amazon $25 billion in 4 years
WSJ report highlights vague metrics, internal struggles of Amazon Devices. Enlarge (credit: Getty) The Amazon business unit that focuses on Alexa-powered gadgets lost $25 billion between 2017 and 2021, The Wall Street Jo.....»»
New date for Earth"s largest iron deposits offers clues for future exploration
Research led by Curtin University reveals that Earth's largest iron ore deposits—in the Hamersley Province of Western Australia—are about one billion years younger than previously believed, a discovery which could greatly boost the search for mor.....»»
Tijuana River sewage flows last year broke all records since 2000: It"s on track to do it again
The amount of contaminated water laced with raw sewage that is flowing across the U.S.-Mexico border into San Diego County exceeded 44 billion gallons in 2023, the most on record in the last quarter-century......»»
AI-powered optical detection to thwart counterfeit chips
The semiconductor industry has grown into a $500 billion global market over the last 60 years. However, it is grappling with dual challenges: a profound shortage of new chips and a surge of counterfeit chips, introducing substantial risks of malfunct.....»»
The future of the Meta Quest headsets just leaked out
New reports suggest Meta is working on three mixed reality headsets and considering a multi-billion-dollar investment for smart glasses......»»
Ford to build Super Duty pickups at Canada plant instead of EVs
Ford said it will spend $2.3 billion to install assembly and integrated stamping operations at Oakville Assembly, which will add about 400 more jobs than EV production would have. .....»»
The global food system is increasingly monopolized—it"s damaging our health, our communities and the planet
Across the world, over 800 million people spend their days hungry. More than 2 billion have limited access to food. Yet today's global food system produces enough to feed every person on the planet......»»
Double trouble: Gaia hit by micrometeoroid and solar storm
Launched in December 2013, ESA's Gaia spacecraft is on a mission to map the locations and motions of more than a billion stars in the Milky Way with extreme precision......»»
Freezing and melting reshape diversity and structure of glacier microbial communities
With the increasing attention on global climate change and glacier retreat, the study of glacier microbiota has gradually become an important field of research......»»
Dealerships lost $1.02B in business after CDK cyberattack, updated AEG study says
Anderson Economic Group estimated auto dealerships lost 56,200 new-vehicle sales and more than $1 billion between June 19 and July 15 because of the CDK Global cyberattacks and subsequent software outages. .....»»
Report: Alphabet close to $23 billion deal for cybersecurity startup Wiz
Deal of this size would draw scrutiny from antitrust regulators around the world. Enlarge (credit: Timon Schneider/Dreamstime) Google’s parent company, Alphabet, is in talks to buy cybersecurity start-up Wiz for about.....»»
As alpine glaciers melt, the corpses of long-lost climbers are being discovered in the ice
In late June, as a group of mountaineers descended a treacherous glacier high in the Peruvian Andes, they spotted a dark, out-of-place lump resting on the blinding white snow......»»
Study unveils complexity of zoonotic transmission chains
Researchers from the Complexity Science Hub and the University of Veterinary Medicine Vienna have dissected the complex interactions involved in zoonoses, which annually affect over two billion people worldwide. They introduce the concept of a "zoono.....»»
NATO allies pledge $1 billion to promote sharing of space-based intel
Agreement marks the largest investment in space-based capabilities in NATO’s history. Enlarge / Heads of state pose for a group photo at an event Tuesday celebrating the 75th anniversary of NATO. (credit: Kevin Dietsch/Getty Im.....»»
Tips for Redacting Sensitive Information in PDF Documents: Protecting Privacy and Confidentiality
These days, protecting sensitive information is more important than ever. Whether you’re a startup or a major corporation, if you handle personal data, you must keep it safe. Take T-Mobile, for instance. In August 2022, the American telecom gia.....»»
Tim Cook, Eddy Cue, and Sam Altman hobnob at annual Sun Valley media retreat
Apple's Tim Cook and Eddy Cue have returned to the annual Allen & Company Sun Valley retreat, known for being where billionaires make significant deals.Tim Cook at Sun Valley 2024 (Source: Kevork Djansezian/Getty Images)Tim Cook is a regular at the.....»»