Hertz to pay $168 million to settle over 95% of wrongful theft report claims
Some customers had sued Hertz alleging the police detained or arrested individuals in error after the company reported rental cars were stolen......»»

BOXX Insurance raises $14.4 million to help customers stay ahead of cyber threats
BOXX Insurance has unveiled a US$14.4 million Series B funding round, bringing the total amount raised from investors to US$24.5 million in the last 16 months. The latest investment was led by Zurich Insurance Company (Zurich). BOXX also unveiled tha.....»»
With rapidly increasing heat and drought, can plants adapt?
At a time when climate change is making many areas of the planet hotter and drier, it's sobering to think that deserts are relatively new biomes that have grown considerably over the past 30 million years. Widespread arid regions, like the deserts th.....»»
Kuo: Upgraded optical zoom to be exclusive to iPhone ‘Pro Max’ cameras until at least 2025
Apple is expected to release its first iPhone with a periscope lens with this year’s iPhone 15 lineup, but rumors say it’ll be limited to only the highest-end iPhone 15 Pro Max. According to a new report from Apple analyst Ming-Chi Kuo, the curr.....»»
U.S. seeks Tesla driver-assist documents
NHTSA is seeking Tesla driver-assist documents as the automaker is under criminal investigation over claims its EVs could drive themselves......»»
GM to co-develop Nevada lithium mine as it ramps up EV production
The automaker says it will acquire a $650 million equity stake in Lithium Americas Corp. in a deal that will produce enough lithium for 1 million EVs a year......»»
Plastic pollution in Nigeria: Whose job is it to clean up the mess?
Take a walk or drive through the streets of most Nigerian cities, and you will see plastic waste everywhere. The country's rivers, lakes and ocean are also full of discarded plastic. Nigeria is estimated to generate about 2.5 million tons of plastic.....»»
Quantum vortex formation in the lab
Quantized vortices can be generated in classical experiments of liquid helium and ultracold dilute gases to conduct fundamental and comparative studies of different superfluids. In a new report published in Science Advances, Ivan Gnusov and a researc.....»»
Spotify posts another big operating loss, but growing subscribers
Spotify said in its Q4 earnings report that while it bled another $231 million in cash, subscribers rose to 489 million.Following its laying off of 6% of its workforce, Spotify has reported mixed results for its latest financial earnings."In hindsigh.....»»
Tesla tells investors it’s being investigated by the Justice Department
The carmaker's 10-K confirms reports from 2022 that the feds are unhappy. Enlarge (credit: Aurich Lawson | Tesla | Airplane!) Tesla filed its annual 10-K report with the Securities and Exchange Commission on Monday nigh.....»»
Scientists couple terahertz radiation with spin waves
An international research team led by the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) has developed a new method for the efficient coupling of terahertz waves with much shorter wavelengths, so-called spin waves. As the experts report in the journal N.....»»
Spotify paying subscribers pass 200M, but quarterly loss climbs almost 700%
The number of Spotify paying subscribers passed 200 million for the first time in the last quarter. The company added 10M new subscribers to hit 205M paid accounts, and 489M in total. However, the company – which has almost never posted a quarterl.....»»
Spotify posts another big operating loss, but growing subscribers [u]
Spotify said in its Q4 earnings report that while it bled another $231 million in cash, subscribers rose to 489 million.Following its laying off of 6% of its workforce, Spotify has reported mixed results for its latest financial earnings."In hindsigh.....»»
eSIM smartphone market: the next battleground between Apple and Samsung?
Samsung Electronics and its rival Apple are expected to compete in the eSIM smartphone market in 2023, a market which is expected to grow from 986 million units in 2023 to 3.5 billion units in 2027......»»
China LiDAR startup plans US listing
Shanghai-based LiDAR startup Hesai Technology is looking to raise an estimated US$150 million via a US IPO, according to industry sources......»»
Green projects are boosting UK growth - CBI report
Projects aimed at lowering carbon emissions are boosting growth in poorer parts of the country......»»
Truck maker AB Volvo penalized $130 million by NHTSA over delayed recalls
NHTSA says heavy truck manufacturer AB Volvo agreed to a three-year consent order that includes one of the largest-ever penalties for violations under the recall law......»»
Apple Search could be part of a ‘silent war’ on Google; could threaten Google’s ad business
There have been suggestions for years now that the iPhone maker is quietly working on an Apple Search service, to compete with Google. That idea is back in the news today, in a report suggesting that it could be one element of a three-part “silent.....»»
Data breaches hit 42% more Americans last year, creating a “scamdemic” of identity theft
The number of data breaches in 2022 was slightly down on the previous year, but the number of people whose personal data was exposed by the security failures was significantly higher … more… The post Data breaches hit 42% more Americans last y.....»»
iPhone 15 Wi-Fi 6E support would mean more capacity, less interference, better video streaming
An analyst report points to likely iPhone 15 Wi-Fi 6E support this year – giving at least some of this year’s iPhones access to a whole new frequency band. If accurate, that would mean increased capacity, reduced interference, and better video s.....»»
Insider attacks becoming more frequent, more difficult to detect
Insider threats are a top concern at organizations of all kinds; only 3% of respondents surveyed are not concerned with insider risk, according to Gurucul. With responses from more than 325 cybersecurity professionals, the report explores the latest.....»»