Hyundai"s U.S. EV factory cost grows to $7.59B
Hyundai Motor Group and battery partner LG Energy Solution's joint venture is increasing the total investment into the electric vehicle and battery complex near Savannah, Ga., to $7.59 billion......»»
MagSafe Monday: Spigen Valentinus delivers an Apple-like wallet experience at nearly half the cost
is generally the default option for most people looking for a way to store an identification card, credit card, and more. While it’s Find My integration is great, that does mean its double the cost of a lot of the MagSafe wallets from other vendor.....»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»
Rocket Report: Astroscale chases down dead rocket; Ariane 6 on the pad
Rocket Factory Augsburg, a German launch startup, nears a test-firing of its booster. Enlarge / This image captured by Astroscale's ADRAS-J satellite shows the discarded upper stage from a Japanese H-IIA rocket. (credit: Astrosca.....»»
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»
NASA selects 9 companies to work on low-cost Mars projects
NASA is expanding its plans for Mars, looking at not only a mission to bring back a sample but also smaller, lower-cost missions to enable exploration......»»
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Mercedes changes U.S. factory leadership ahead of UAW vote
Federico Kochlowski has replaced Michael Goebel as CEO of Mercedes-Benz U.S. International, which operates the 6,100-employee plant in Vance, Ala......»»
Stellantis hires engineers in Brazil, India for $53,000 a year to save costs
Stellantis is pursuing an aggressive cost-cutting program and is said to want to have roughly two-thirds of the company’s engineers in lower-cost countries over the longer term......»»
Apple is deepening ties with China even as it boosts suppliers globally
Despite its well-publicized moves to cut its dependence on China as its main supplier, Apple has also been increasing the number of firms it works with for production with in the region.Tim Cook visits Luxshare factory in 2017. Source: AppleBy Januar.....»»
Vizio shrinks the price of a Dolby Atmos soundbar to $99
Vizio has lowered the cost of a Dolby Atmos soundbar to under $100 with its new 2024 soundbar lineup, which also includes a new TV-mounting system......»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Rising tides, sinking stocks: Study explores cost of climate change
As the financial implications of climate change continue to soar, a forthcoming journal article explores its effects on company values......»»
The best shows on Hulu right now (May 2024)
Among the best shows on Hulu streaming right now are the mystery Under the Bridge with Oscar nominee Lily Gladstone and the comedy UFO Factory......»»
Apple TV+ drops MLS Season Pass price for remainder of the season
As the 2024 Major League Soccer championship heads toward its summer midpoint, Apple TV+ is discounting its season pass by 25%.Apple's MLS Season Pass has been discountedWhen the new season pass was first offered for sale in January 2024, it cost $99.....»»
Credit Acceptance Q1 net income down 35%; loan volume grows
Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»
Hyundai, Kia sales slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Building a strong cloud security posture
In this Help Net Security video, David Kellerman, Field CTO at Cymulate, discusses how cloud security still seems to lag even as the cloud grows in popularity and usage. Many leaders are unaware that they need to secure the cloud the same way they wo.....»»
Peacock may increase the cost of its monthly and annual plans again
Recent rumors state the price of Peacock's monthly and annual plans will go up and people are blaming the Olympics.....»»
Mercedes-Benz Alabama factory changes CEO weeks before UAW vote
Federico Kochlowski, vice president of operations, will take over as CEO of the Mercedes U.S. assembly plant effective Wednesday......»»