GM to invest $760 million to shift Ohio plant to EV-part production
GM builds six-speed, eight-speed and 10-speed rear-wheel drive and nine-speed front-wheel drive transmissions in a variety of Chevrolet, Buick, GMC and Cadillac at its 2.82-million square foot Toledo, Ohio, transmission plant......»»
NASA"s Deep Space Optical Communications demonstration transmits data over 140 million miles
Riding aboard NASA's Psyche spacecraft, the agency's Deep Space Optical Communications technology demonstration continues to break records. While the asteroid-bound spacecraft doesn't rely on optical communications to send data, the new technology ha.....»»
Escape the vapes: Scientists call for global shift to curb consumer use of disposable technologies
Scientists have called for a concerted global effort to stem the tide of disposable electronic technologies—such as vapes—contributing to international waste accumulation and environmental degradation......»»
Psyche spacecraft sends data back to Earth using lasers for the first time
NASA's experimental laser communication system, riding along with the Psyche spacecraft, has transmitted Psyche data from over 140 million miles away......»»
CarNow eyes expansion, possible acquisitions after debt financing
CarNow, maker of digital retailing platforms for dealerships, plans to use $40 million in new debt financing to accelerate product development and pursue further market expansion......»»
Honda to spend $11 billion on four EV factories in North America
The new facilities are in addition to the previously announced EV hub in Ohio. Enlarge / Honda is investing CAD$15 billion (US $11 billion) to expand EV manufacturing in North America with four sites in Ontario, Canada. (credit:.....»»
How worrying is bird flu"s jump to dairy cows? Here"s what experts say
Since 2022, a highly contagious strain of bird flu has spread across the U.S. at an unprecedented rate, resulting in the deaths of more than 90 million birds in commercial and backyard poultry flocks, plus thousands more in the wild......»»
Economic growth tops the priority list for Canadian policymakers: Here"s why
Canada is currently experiencing anemic economic growth, meaning there is a slowdown in the total production of goods and services per capita. The real GDP growth forecast for 2024 is 0.7 percent......»»
China launches 3-member crew to its space station as it seeks to put astronauts on the moon by 2030
China launched a three-member crew to its orbiting space station on Thursday as part of its ambitious program that aims to put astronauts on the moon by 2030......»»
Scholars explain the ideology that says technology is the answer to every problem
Silicon Valley venture capitalist Marc Andreessen penned a 5,000-word manifesto in 2023 that gave a full-throated call for unrestricted technological progress to boost markets, broaden energy production, improve education and strengthen liberal democ.....»»
Family farms are fast disappearing: Research shows how young generations can take them up successfully
While some might think that family-run farms are a thing of the past, they are in fact the dominant business model in Europe. In 2020, they accounted for slightly more than 9 in every 10 of the EU's 9.1 million farms......»»
Toyota invests $1.4 billion in Indiana plant for large EV
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
Pretax charges drop Sonic Automotive"s Q1 net income
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»
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......»»
Sublime Security secures $20 million to strengthen cloud email security and visibility
Sublime Security has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Cybersecurity visionary and Crowdstrike Co-founder & former CTO Dmitri Alperovitch is al.....»»
Dropzone AI raises $16.85 million to combat advanced AI attacks
Dropzone AI has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman.....»»
US announces sweeping cuts to power sector carbon emissions
President Joe Biden's government on Thursday finalized sweeping plans to curb planet-warming emissions from the nation's fossil fuel plants as part of the United States' efforts to confront the climate crisis......»»
Recently discovered black hole is part of a nearby disrupted star cluster, study finds
European astronomers have investigated a recently detected black hole designated Gaia BH3. In their results, they found that the black hole is associated with a nearby disrupted star cluster known as ED-2. The finding is reported in a paper published.....»»
Continental fined $107M over role in diesel-emissions scam
German prosecutors issued the fine over the company’s participation in the scam via selling more than 12 million engine control units that automakers, including Volkswagen Group, used to manipulate emissions......»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»