Instacart slashes its valuation to $24 billion
Instacart's valuation doubled twice to $39 billion in the first year of the public health crisis, fueled by a pandemic boon to its on-demand grocery delivery business. Now it's falling back to earth......»»
Mobileye slashes annual forecasts on uncertain demand; shares fall
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»
Climate change may lead to shifts in vital Pacific Arctic fisheries
Marine fisheries are an essential source of protein for a large part of the world's population, as well as supporting around 390 million livelihoods and an industry worth approximately US$ 141 billion, according to the UN FAO. Yet, climate change pre.....»»
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......»»
Meta to pay $1.4 billion settlement after Texas facial recognition complaint
Facebook’s parent accused of gathering data from photos and videos without "informed consent." Enlarge (credit: SOPA Images/Getty) Facebook owner Meta has agreed to pay $1.4 billion to the state of Texas to settle clai.....»»
New, more sustainable method for manufacturing microchips and other nanoscale devices
Putting 50 billion transistors into a microchip the size of a fingernail is a feat that requires manufacturing methods of nanometer level precision—layering of thin films, then etching, depositing, or using photolithography to create the patterns o.....»»
Drought in Sicily threatens grain fields, animal herds
A crushing drought in Sicily has withered fields of grain, deprived livestock of pasture land and fanned a spate of wildfires, causing damage already estimated at 2.7 billion euros this year......»»
Report urges bold measures for California agriculture amid climate change
California should take urgent and bold measures to adapt its $59 billion agriculture sector to climate change as the amount of water available for crops declines, according to a collaborative report by University of California faculty from four campu.....»»
Complex life on Earth began around 1.5 billion years earlier than previously thought, new study claims
Environmental evidence of the very first experiments in the evolution of complex life on Earth, has been uncovered by an international team of scientists......»»
This Deal Slashes 20% OFF from the Galaxy Buds FE
Samsung's budget earbuds are even more affordable now. The post This Deal Slashes 20% OFF from the Galaxy Buds FE appeared first on Phandroid. If you’re looking for relatively-affordable wireless earbuds, then the Samsung Galaxy Buds.....»»
ISPs seeking government handouts try to avoid offering low-cost broadband
Despite getting subsidies, ISPs oppose $30 plans for people with low incomes. Enlarge (credit: Getty Images | Yuichiro Chino) Internet service providers are eager to get money from a $42.45 billion government fund, but.....»»
Astronomers find first emission spectra in brightest GRB of all time
Chance that first detected emission line is a noise fluctuation is one in half a billion. Enlarge / A jet of particles moving at nearly light-speed emerges from a massive star in this artist’s concept of the BOAT. (credit: NASA.....»»
Climate-smart coffee: Researchers explore Robusta coffee as alternative to Arabica
Crave that cup of coffee in the morning? Globally, consumers drink more than 2.2 billion cups daily. Someone grows all that joe: More than 100 million farmers worldwide produce coffee......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
Alphabet invests another $5 billion in self-driving startup Waymo
Waymo is conducting more than 50,000 paid rides a week, Alphabet says. Enlarge / If you live in San Francisco, you might start to see these Waymo Zeekrs driving around. (credit: Waymo) Google's parent company, Alphabet,.....»»
Paying more for policing doesn"t stop or reduce crime, say researchers
In 2023, the cost of policing to Canadian taxpayers closed in on $20 billion for the first time. While annual police budgets continue to grow, there is little debate in the media about its cost to taxpayers and the value for money in relation to crim.....»»
Yes, Australia"s environment is on a depressing path—but $7 billion a year would transform it, says report
The condition of Australia's environment continues to decline. Many Australians wonder if it's possible to reverse this depressing trajectory—and our landmark assessment released today shows the answer is yes......»»
New study supports stable mantle chemistry dating back to Earth"s early geologic history
A new analysis of rocks thought to be at least 2.5 billion years old by researchers at the Smithsonian's National Museum of Natural History helps clarify the chemical history of Earth's mantle—the geologic layer beneath the planet's crust......»»
Reduce, reuse, reflycle: How genetically modified flies can reduce waste and keep it out of landfills
A Macquarie University team proposes using genetically engineered black soldier flies (Hermetia illucens) to address worldwide pollution challenges and produce valuable raw materials for industry, including the USD $500 billion global animal feed mar.....»»
Vanta raises $150 million accelerate its AI product innovation
Vanta announced that it has raised a $150 million Series C funding round at a valuation of $2.45 billion. The round was led by Sequoia Capital, in addition to new investors Growth Equity at Goldman Sachs Alternatives, J.P. Morgan and existing investo.....»»
Waymo will receive $5 billion investment from parent Alphabet; former Cruise CEO fumes
Waymo will receive $5 billion over multiple years from Alphabet, executives said. Its robotaxi rival, GM subsidiary Cruise, drew a rebuke from its former CEO after delaying plans to manufacture the Origin robotaxi......»»