GlobalFoundries revenue increased 56 percent YoY as chip demand persists
The report included $5 million in profit compared to a $293 million loss in Q3 2020. Earnings per share checked in at $0.01, or $0.07 on an adjusted basis. Analysts surveyed by FactSet expected $1.7 billion in revenue and a small loss......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.Apple is dealing with regulatory pressures and other unknownsBernstein'.....»»
Will the M4 chip entice you to buy the upcoming iPad Pro? [Poll]
We’re close to seeing Apple officially unveil its next-gen iPad Pro and we’ve learned that it may skip the M3 chip for a more powerful and capable M4 SoC. All else being constant, would the next-gen chip from Apple make you go for the new iPad Pr.....»»
M4 iPad Pro: Will Apple put a brand new chip in its next iPad? Evidence suggests so
Bloomberg’s Mark Gurman broke the internet on Sunday by claiming that the next generation iPad Pro, expected to be announced by Apple next week, will be powered by the brand new M4 chip rather than the current M3. While this may sound unlikely at f.....»»
iPhone 18 will probably get TSMC"s newly announced next-generation 1.6 nm chip process
TSMC has announced a breakthrough chip fabrication technology, with reduced node size, increased performance and better power management — all of which should ultimately lead to faster iPhones and Macs.TSMC has just announced an all-new chip produc.....»»
Women should be included in decisions on the protection of human rights in the climate crisis, say researchers
Eighty percent of climatic migrants are women and children. This figure means that a new international legal framework is required to protect human rights by adding gender-sensitive measures to policies and legislation. This is the claim made by Susa.....»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
How did the early Great Barrier Reef manage rapid environmental change?
As the modern Great Barrier Reef emerged after the last ice age, it had to cope with multiple environmental stresses—rising sea levels, increased sediment from a flooding coastline, ocean turbulence and likely warming oceans......»»
Apple has backed itself into a corner
The iPad Pro is about to get an M4 chip, but that means all kinds of weirdness could affect upcoming Macs, with release schedules being thrown into disarray......»»
No new Vision Pro before late 2026, and declining demand – neither matters
Mark Gurman’s latest Power On newsletter suggests that Apple isn’t expected to launch a new Vision Pro (or Vision something) model until the end of 2026. That follows another report last week, suggesting that demand for the spatial computer is.....»»
Manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
Anticipating and addressing cybersecurity challenges
In this Help Net Security round-up, we present excerpts from previously recorded videos in which security experts talk about how increased adoption of cloud technology, remote work, and the proliferation of IoT devices present significant challenges.....»»
Gurman: New iPad Pro may actually be powered by the M4 chip, touting AI features
In a surprise move, Bloomberg’s Mark Gurman reports today in his Power On newsletter that the upcoming iPad Pro may actually be powered by the M4 chip, skipping the M3 altogether. The company would tout the AI capabilities of the new iPad range.....»»
New iPad Pro rumored to debut with M4 chip
A new rumor claims that the forthcoming iPad Pro, scheduled to debut on May 7, could be the first Apple product with the next-generation M4 chip powering it.New iPad Pro logo on the backIt seems unlikely that the iPad Pro would skip the M3 chip outri.....»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
20% of grocery store milk has traces of bird flu, suggesting wider outbreak
The milk is still considered safe, but disease experts are alarmed by the prevalence. Enlarge (credit: Getty | Jeffrey Greenberg) The Food and Drug Administration reported late Thursday that about 20 percent of retail mi.....»»
Amazon drops Apple"s M3 MacBook Air to record low $989
Apple's recently released M3 MacBook Air has dropped to an all-time low of $989 at Amazon while supplies last.The month-end $989 promotion applies to Apple's standard 13-inch MacBook Air with the M3 chip — and every color is eligible for the $110 i.....»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Arizona TSMC facility continues to fight cultural battles, rising costs & logistical hurdles
Apple chip partner TSMC faces significant barriers that impede the Arizona chip fabrication facility's progress, and the culture clash between American and Taiwanese employees doesn't seem to be getting batter.TSMC's Arizona facility grapples with ri.....»»