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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......»»

Category: topSource:  cnnMar 25th, 2022

Tesla"s Q2 net income falls 45% to $1.5 billion, but revenue comes in slightly higher

Tesla reported revenue of $25.5 billion in the second quarter, compared with $24.9 billion a year earlier. Wall Street analysts on average had estimated revenue at $24.8 billion......»»

Category: topSource:  autonewsRelated NewsJul 23rd, 2024

Alexa had “no profit timeline,” cost Amazon $25 billion in 4 years

WSJ report highlights vague metrics, internal struggles of Amazon Devices. Enlarge (credit: Getty) The Amazon business unit that focuses on Alexa-powered gadgets lost $25 billion between 2017 and 2021, The Wall Street Jo.....»»

Category: topSource:  arstechnicaRelated NewsJul 23rd, 2024

This Deal Slashes $50 OFF the OnePlus Nord N30!

OnePlus' midranger is a no-nonsense device with all the basics. The post This Deal Slashes $50 OFF the OnePlus Nord N30! appeared first on Phandroid. Most smartphone enthusiasts will know OnePlus from its premium smartphones, although the.....»»

Category: asiaSource:  phandroidRelated NewsJul 23rd, 2024

New date for Earth"s largest iron deposits offers clues for future exploration

Research led by Curtin University reveals that Earth's largest iron ore deposits—in the Hamersley Province of Western Australia—are about one billion years younger than previously believed, a discovery which could greatly boost the search for mor.....»»

Category: topSource:  physorgRelated NewsJul 22nd, 2024

Tijuana River sewage flows last year broke all records since 2000: It"s on track to do it again

The amount of contaminated water laced with raw sewage that is flowing across the U.S.-Mexico border into San Diego County exceeded 44 billion gallons in 2023, the most on record in the last quarter-century......»»

Category: topSource:  marketingvoxRelated NewsJul 21st, 2024

AI-powered optical detection to thwart counterfeit chips

The semiconductor industry has grown into a $500 billion global market over the last 60 years. However, it is grappling with dual challenges: a profound shortage of new chips and a surge of counterfeit chips, introducing substantial risks of malfunct.....»»

Category: topSource:  theglobeandmailRelated NewsJul 20th, 2024

Dell saved its best gaming laptop deal for after Prime Day

The Dell G16 gaming laptop with the Nvidia GeForce RTX 4060 graphics card is available from Dell with a $500 discount that slashes its price to only $1,000......»»

Category: topSource:  digitaltrendsRelated NewsJul 19th, 2024

The future of the Meta Quest headsets just leaked out

New reports suggest Meta is working on three mixed reality headsets and considering a multi-billion-dollar investment for smart glasses......»»

Category: topSource:  digitaltrendsRelated NewsJul 18th, 2024

Ford to build Super Duty pickups at Canada plant instead of EVs

Ford said it will spend $2.3 billion to install assembly and integrated stamping operations at Oakville Assembly, which will add about 400 more jobs than EV production would have. .....»»

Category: topSource:  autonewsRelated NewsJul 18th, 2024

The global food system is increasingly monopolized—it"s damaging our health, our communities and the planet

Across the world, over 800 million people spend their days hungry. More than 2 billion have limited access to food. Yet today's global food system produces enough to feed every person on the planet......»»

Category: topSource:  physorgRelated NewsJul 18th, 2024

Double trouble: Gaia hit by micrometeoroid and solar storm

Launched in December 2013, ESA's Gaia spacecraft is on a mission to map the locations and motions of more than a billion stars in the Milky Way with extreme precision......»»

Category: topSource:  physorgRelated NewsJul 17th, 2024

Eugene McDonald, vehicle valuations pioneer, dies at 96

McDonald, whose vehicle valuation insights helped inform auto remarketing, died July 1 in Gainesville, Ga., after a brief illness, according to his obituary......»»

Category: topSource:  autonewsRelated NewsJul 17th, 2024

Amazon slashes Microsoft 365 Family by 50% for Prime Day

Amazon's Prime Day deal on Microsoft 365 discounts the 12-month Family Plan by a staggering 50%.Amazon has slashed Microsoft 365 Family by half.Pick up a year of Microsoft 365 Family for just $49.99, which is half off the $99.99 MSRP. Microsoft 365 i.....»»

Category: appleSource:  appleinsiderRelated NewsJul 17th, 2024

Dealerships lost $1.02B in business after CDK cyberattack, updated AEG study says

Anderson Economic Group estimated auto dealerships lost 56,200 new-vehicle sales and more than $1 billion between June 19 and July 15 because of the CDK Global cyberattacks and subsequent software outages.  .....»»

Category: topSource:  autonewsRelated NewsJul 15th, 2024

Report: Alphabet close to $23 billion deal for cybersecurity startup Wiz

Deal of this size would draw scrutiny from antitrust regulators around the world. Enlarge (credit: Timon Schneider/Dreamstime) Google’s parent company, Alphabet, is in talks to buy cybersecurity start-up Wiz for about.....»»

Category: topSource:  arstechnicaRelated NewsJul 15th, 2024

Study unveils complexity of zoonotic transmission chains

Researchers from the Complexity Science Hub and the University of Veterinary Medicine Vienna have dissected the complex interactions involved in zoonoses, which annually affect over two billion people worldwide. They introduce the concept of a "zoono.....»»

Category: topSource:  physorgRelated NewsJul 15th, 2024

NATO allies pledge $1 billion to promote sharing of space-based intel

Agreement marks the largest investment in space-based capabilities in NATO’s history. Enlarge / Heads of state pose for a group photo at an event Tuesday celebrating the 75th anniversary of NATO. (credit: Kevin Dietsch/Getty Im.....»»

Category: topSource:  arstechnicaRelated NewsJul 13th, 2024

This Deal Slashes $150 OFF the Galaxy Tab S9!

Grab it for a much lower price today. The post This Deal Slashes $150 OFF the Galaxy Tab S9! appeared first on Phandroid. The Samsung Galaxy Tab series of devices ranks among one of the best Android tablets that you can get right now, and.....»»

Category: asiaSource:  phandroidRelated NewsJul 11th, 2024

Tesla plans to delay robotaxi event by two months to build more prototypes, report says

CEO Elon Musk set the initial Aug. 8 date for the event months ago, and optimism about the spectacle has contributed to an 11-day streak of gains that’s added more than $257 billion to Tesla’s market capitalization......»»

Category: topSource:  autonewsRelated NewsJul 11th, 2024

Feds give $1 billion to GM, Stellantis for EV projects

The Energy Department is giving out $1.7 billion in grants to GM, Stellantis, Volvo Group and several suppliers to help support the industry's EV transition......»»

Category: topSource:  autonewsRelated NewsJul 11th, 2024