IBM transformation struggles continue with cloud and AI revenue down 4.5%
A couple of months ago at CNBC’s Transform conference, IBM CEO Arvind Krishna painted a picture of a company in the midst of a transformation. He said that he wanted to take advantage of IBM’s $34 billion 2018 Red Hat acquisition to help customer.....»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
Stellantis revenue falls 12% in Q1; North American shipments slip 20% amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
Stellantis revenue falls 12% in Q1 on lower shipments amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
Stellantis revenue falls 12% in Q1on lower shipments amid transition to new models
Stellantis has been reducing inventories "to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions," said CFO Natalie Knight......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
You can now access Microsoft OneDrive while Offline
Pick up your work even when away from an access point. The post You can now access Microsoft OneDrive while Offline appeared first on Phandroid. If you regularly use Microsoft’s OneDrive cloud storage service, then you might want to.....»»
I was wrong about cloud gaming. One small setup change showed me the light
I wasn't a believer in cloud gaming when I tried it before, but a tweak to my router has turned me into a convert......»»
Anticipating and addressing cybersecurity challenges
In this Help Net Security round-up, we present excerpts from previously recorded videos in which security experts talk about how increased adoption of cloud technology, remote work, and the proliferation of IoT devices present significant challenges.....»»
Closing the cybersecurity skills gap with upskilling programs
The list of skills technologists and organizations need to succeed grows with each new tech advancement, according to Pluralsight. But for many organizations, budgets and staff continue to shrink. This survey asked 1,400 executives and IT professiona.....»»
Blizzcon 2024 is No More as Blizzard Confirms the Event’s Cancellation
The company does state that it will continue to give fans major updates regarding upcoming launches this year. The post Blizzcon 2024 is No More as Blizzard Confirms the Event’s Cancellation appeared first on Phandroid. It’s.....»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Samsung and Google tease further AI collaboration for the future
A post on X has teased that both Samsung and Google will continue working on future AI experiences on mobile. The post Samsung and Google tease further AI collaboration for the future appeared first on Phandroid. With the launch of the Sam.....»»
New structures offer insight into how a bacterial motor powers bacterial chemotaxis, a key infectious process
Bacteria existed for millennia before humans and have been infecting us from the beginning. Although we can treat infections through pharmaceuticals, bacteria continue to become resistant to treatment thanks to their rapid evolution. Bacterial infect.....»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Mobileye quarterly loss widens, revenue plunges as chip orders decline
Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders for its driver-assistance chips as clients rein in spending amid an uncertain economy and excess inventory. .....»»
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......»»
IBM acquires HashiCorp in multi-billion dollar deal to boost cloud reach
HashiCorp agrees to $6.4 billion takeover deal by IBM as the companies look to take on more of the market......»»
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.....»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»