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Infineon posts record quarterly margin for 1Q23, defying weakening greenback

Germany-based semiconductor IDM Infineon reported a sequential decline in revenue for the first quarter of FY2023 (quarter ended on Dec 30, 2022). The company cited weakening demand in consumer applications due to macroeconomic uncertainties, but sai.....»»

Category: itSource:  digitimesFeb 3rd, 2023

Apple reports record revenues despite stagnant iPhone sales

CEO Tim Cook spent much of the earnings call hyping Apple Intelligence. Enlarge / Apple CEO Tim Cook. (credit: Lionel Hahn/Getty Images) Apple reported its earnings results for the third quarter of the 2024 fiscal year,.....»»

Category: topSource:  pcmagRelated NewsAug 2nd, 2024

Pakistan"s second-largest city Lahore hit by record rain

Pakistan's second-largest city of Lahore was deluged with record-breaking rainfall on Thursday, the national weather agency said, with hospitals flooded, power interrupted and streets in the metropolis submerged......»»

Category: topSource:  pcmagRelated NewsAug 1st, 2024

Hybrids, currency windfalls help Toyota extend record profit momentum

Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

Lithia net income down 28% in Q2 despite record revenue of $9.2B

Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting

The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

Extreme heat in India: A crisis on the rise

As global temperatures continue to rise, India is grappling with increasingly severe heat waves. As early as April, many Indian cities, including New Delhi, the capital, have experienced record temperatures above 115 degrees Fahrenheit......»»

Category: topSource:  physorgRelated NewsAug 1st, 2024

Apple Arcade developers frustrated by long delays in getting paid, no incentives to make Vision Pro games

In a follow-up report to their previous coverage, MobileGamer has again collated a set of off-the-record comments from Apple Arcade game developers about how the service is faring. The leading complaints revolved around payments and poor communica.....»»

Category: topSource:  informationweekRelated NewsAug 1st, 2024

Boeing’s Starliner has cost at least twice as much as SpaceX’s Crew Dragon

"Risk remains that we may record additional losses in future periods." Enlarge / A Starliner spacecraft departs Boeing's spacecraft processing facility before the program's first orbital test flight in 2019. Boeing anno.....»»

Category: topSource:  arstechnicaRelated NewsAug 1st, 2024

Microsoft employees are set for a tasty bonus following record profits

Token gesture following an excellent performing quarter shows a company on the back foot following its latest round of layoffs in June......»»

Category: topSource:  pcmagRelated NewsJul 31st, 2024

OSU tempting students to live off campus due to record enrollment

OSU tempting students to live off campus due to record enrollment.....»»

Category: topSource:  marketingvoxRelated NewsJul 31st, 2024

Google posts Android ad about RCS coming to iPhone [Video]

With the launch of iOS 18 this fall, the iPhone will support RCS for meaningfully improved messaging experience with Android users, and Google today released an ad to highlight that. more….....»»

Category: gadgetSource:  9to5macRelated NewsJul 31st, 2024

Penske Automotive Q2 net income falls 20% on higher interest costs

Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»

Category: topSource:  autonewsRelated NewsJul 31st, 2024

Goodyear hires former Stellantis executives Mamatha Chamarthi, Will Roland

Goodyear CEO Mark Stewart, formerly Stellantis COO for North America, is bringing two former colleagues to senior executive posts at Goodyear. .....»»

Category: topSource:  autonewsRelated NewsJul 30th, 2024

How to use Call Recording and transcription in iOS 18.1

Call recording and transcription has become available to try out in the iOS 18.1 developer beta. Here's what it's like, and how to use it.You can now record calls and get transcripts in iOS 18.1Part of the wave of iOS 18 updates, call recording and t.....»»

Category: appleSource:  appleinsiderRelated NewsJul 30th, 2024

Imaging below the surface reveals one of Los Angeles"s webs of faults

A major fault is often surrounded by a web of secondary faults created as the forces that cause slip deform nearby rocks. This damage zone can act as a record of fault activity, but what we can learn from it—such as how the fault may behave during.....»»

Category: topSource:  physorgRelated NewsJul 30th, 2024

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.....»»

Category: topSource:  autonewsRelated NewsJul 30th, 2024

NASA data shows July 22 was Earth"s hottest day on record

July 22, 2024, was the hottest day on record, according to a NASA analysis of global daily temperature data. July 21 and 23 of this year also exceeded the previous daily record, set in July 2023. These record-breaking temperatures are part of a long-.....»»

Category: topSource:  physorgRelated NewsJul 29th, 2024

Lamborghini"s revenue rises 14% as switch to hybrid models nears completion

First-half deliveries increased 4 percent, putting Lamborghini on course to beat last year's record......»»

Category: topSource:  autonewsRelated NewsJul 29th, 2024

Last Monday Was the Hottest Day on Record

The record for daily global temperature, recorded by taking averages of land and sea temperatures around the world, was shattered twice last week......»»

Category: gadgetSource:  wiredRelated NewsJul 27th, 2024

Security Bite: X quietly adds option to keep its third-rate AI product Grok from scraping your posts and interactions

Heads up! Elon Musk’s social platform X (formerly Twitter) has quietly added an opt-out toggle to keep its AI chatbot Grok from data scraping your posts, as well as any interactions you have with it. The setting to allow data for training is enable.....»»

Category: topSource:  theglobeandmailRelated NewsJul 26th, 2024