Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions
Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
A Company Is Building a Giant Compressed-Air Battery in the Australian Outback
Hydrostor, a leader in compressed-air energy storage, aims to break ground on a 200-MW plant in New South Wales by the end of this year. It wants to follow that with a 500-MW facility in California......»»
Luminar lays off 20% of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an 'asset light' model that includes outsourcing industrialization......»»
Luminar lays off 20 percent of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an "asset light" model that includes outsourcing industrialization......»»
Ecobee is shutting down some of its very first products
Even after a commendable 16-year runtime, the company is offering discounts. Enlarge / The first Ecobee Thermostat, may it rest in peace. (credit: Ecobee) Ecobee is killing off some of its oldest thermostats. The "Ecobee.....»»
Scientists show how to treat burns with an environmentally friendly plant-based bandage
The Smart Materials research group, coordinated by Athanassia Athanassiou at the Istituto Italiano di Tecnologia (Italian Institute of Technology), has developed a biocompatible bandage made of plant-based materials that, loaded with vitamin C, can a.....»»
"Degree of Kevin Bacon" gene provides possible basis for central players in group connectedness
A team of biologists and geneticists at the University of Toronto at Mississauga has found a possible genetic basis for a central player in group connectedness. In their study, published in the journal Nature Communications, the group conducted genet.....»»
Physicists create an optical tweezer array of individual polyatomic molecules for the first time
A team of physicists at Harvard University has succeeded in trapping individual polyatomic molecules in optical tweezer arrays for the first time. In their paper published in the journal Nature, the group describes how they achieved their feat and th.....»»
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......»»
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.....»»
Over 100 far-right militias are coordinating on Facebook
Despite bans on militias, Facebook continues to struggle with content moderation. Enlarge (credit: NurPhoto via Getty) “Join Your Local Militia or III% Patriot Group,” a post urged the more than 650 members of a Face.....»»
Minority dealer Julie Herrera expands IDEA Auto Group
City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»
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.....»»
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.....»»
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.....»»
Tim Cook confirms Apple will discuss ‘big plans’ for AI at next week’s iPad event
Apple CEO Tim Cook has confirmed that the company will discuss AI at its iPad event next week. Cook is quoted as saying Apple has “big plans to announce” for AI during its May event and June developer conference. more….....»»
Save on flowers, jewelry, clothes and more with these select Apple Pay deals
Apple has debuted new Apple Pay promotions ahead of Mother's Day, offering a handful of discounts on flowers, chocolates, jewelry, and more.Save on Mother's Day with Apple PayMother's Day 2024 falls on Sunday, May 12, so it's time to make sure you've.....»»
One UI 6.1 with Galaxy AI Rolling Out to Galaxy S22, Galaxy S21 & More
Samsung has begun pushing its One UI 6.1 update with Galaxy AI features to a slew of Galaxy devices today. In April, Samsung confirmed plans to bring its One UI 6.1 update to older Galaxy models in May and the company has made good on its promise. On.....»»