Honda and Nissan move financial forecasts upward as Yen stays weak
While semiconductor shortages remain a tricky issue for automakers, Japanese companies have offset the impact on their financial performance due to the weakening Yen. On Wednesday, Honda and Nissan Motor revised their forecasts for the current fiscal.....»»
Berkshire Hathaway unloaded more than half of its Apple stock last quarter
In a surprise move, in the second quarter of 2024, Warren Buffett's Berkshire Hathaway made the biggest sale of Apple in years, unloading around 400 million shares and missing the post-WWDC stock peak.Tim Cook and Warren Buffett in Apple ParkIn Decem.....»»
15,000 Intel job cuts announced, with Apple and Microsoft key factors in the decline
Some 15,000 Intel job cuts have been announced by the company, as it implements a $10B cost-reduction program to try to resolve its financial difficulties. Intel CEO Pat Gelsinger told employees that revenues have not grown in the way the company.....»»
PC emulators are now explicitly allowed on the iPhone and iPad
Apple has updated its App Review Guidelines to allow PC emulators to offer downloads of games, a move that could improve the state of emulation in the App Store.An example of an emulator on an iPhoneIt's been three months since Apple revised its App.....»»
Apple"s third quarter 2024 results show return to growth, with Wall Street beat
Apple's third-quarter financial results have improved considerably compared to 2023, with sales figures across every aspect of the company beating Wall Street expectations.Apple CEO Tim CookApple has disclosed its quarterly financial results for Q3 2.....»»
How Apple"s quietest quarter shouted back at Wall Street
Apple's third-quarter financial results were a significant improvement for 2024. Here's how the figures visually break down in a quarter where Apple soundly beat Wall Street's forecasts.Apple CEO Tim CookAhead of the quarterly results for the third q.....»»
Magna, in unusual step, lowers 2026 outlook on EV uncertainty, contract assembly woes
Magna International took the unusual step of lowering its outlook for its 2026 financial performance as it grapples with automakers reducing, postponing or canceling electric vehicle plans amid soft sales growth......»»
Rearview camera recalls are becoming common. Here"s why
Ford, Volkswagen, Stellantis and Honda have experienced recalls in recent months because of faulty rearview cameras, all from different suppliers......»»
Who are the two major hackers Russia just received in a prisoner swap?
Both men committed major financial crimes—and had powerful friends. Enlarge (credit: Getty Images) As part of today’s blockbuster prisoner swap between the US and Russia, which freed the journalist Evan Gershkovich a.....»»
Mobileye slashes annual forecasts on uncertain demand; shares fall
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»
New Japanese EV alliance emerges with Nissan, Honda, Mitsubishi
Nissan and Honda are a step closer to forming a new Japanese alliance with Mitsubishi in a bid to build next-generation software-defined EVs and to catch up in the global EV race......»»
Experiment uses quantum techniques to stimulate photons, enhancing search for dark matter
Scientists cannot observe dark matter directly, so to "see" it, they look for signals that it has interacted with other matter by creating a visible photon. However, signals from dark matter are incredibly weak. If scientists can make a particle dete.....»»
Practical strategies to mitigate risk and secure SAP environments
Large companies use ERP applications to manage business processes, including payroll and financial planning. This is precisely why bad actors are taking a renewed interest in these legacy systems – and succeeding. In this Help Net Security vide.....»»
BorgWarner looks to save $100M in EV restructuring
BorgWarner Inc. is aiming to save $100 million over the next couple of years as it cuts head count and spending for its e-products division in response to weak market demand......»»
Microsoft strips ads from Skype in a move toward “user-centric design”
Update also improves AI image features, adds OneAuth support on iOS. Enlarge / A marketing image by Microsoft for the desktop version of Skype. (credit: Microsoft) If you've used Microsoft's Skype in recent years, you've.....»»
A study examined reactions of Jewish Israelis to human rights criticism; then Oct. 7 happened
A UC Merced professor and his co-researchers set out to measure how Jewish Israelis react to different sources of criticism about Israel's treatment of Palestinians. Does disapproval from internal voices move public opinion? Voices from abroad? What.....»»
Acceptance seen as a key to "financial mindfulness"
Products and services alluding to financial mindfulness abound, but what exactly are they promising?.....»»
Environmental, social initiatives lead to greater returns for hospitality firms in high-income nations
Global sustainability initiatives like the environmental, social and governance (ESG) investing principle may lead to greater financial gains for hospitality firms in high-income countries but not in low-income nations, according to new findings from.....»»
From scandals to slowdown, Toyota"s top 5 challenges in key earnings report
Toyota, after record financial results in the previous fiscal year, faces strong headwinds as it readies this week's key first-quarter earnings report. From safety scandals and production suspensions to wobbly China sales, here are the top 5 issues t.....»»
Apple’s 16-inch M3 Pro MacBook Pro is now $500 off, M4 iPad Pro $150 off, plus deals on MacBook Air, chargers, and more
We are ready to kick off another week in Apple deals starting with a massive $500 price drop on the M3 Pro MacBook Pro 16-inch models to mark the return of all-time low pricing. From there we move over to Apple’s pro-grade M4 iPad that is now up to.....»»
Some good may come out of the CrowdStrike outage
Estimated financial losses due to the recent massive IT outage triggered by the faulty CrowdStrike update are counted in billions, but the unfortunate incident is having several positive effects, as well. Some silver linings As CrowdStrike was forced.....»»