Key creditors in pact to avert brawl as Carvana"s prospects dim
Some of Carvana largest creditors have signed a pact binding them to act together in negotiations with the company, a move meant to prevent the kind of nasty creditor fights that have complicated other debt restructurings......»»
Look out Super Smash Bros. Melee. Nickelodeon All-Star Brawl is getting a sequel
GameMill announced Nickelodeon All-Star Brawl 2, a sequel to the 2021 fighting game tha adds fighters like Squidward and Jimmy Neutron......»»
Nations aim to ink deep sea mining rules by 2025
The International Seabed Authority's member nations on Friday agreed on a two-year roadmap for the adoption of deep sea mining regulations, despite conservationists' calls for a moratorium on mineral extraction they say would avert marine threats......»»
Analysts: Carvana future still up in the air
Online used-vehicle retailer Carvana announced better-than-expected second- quarter results and a new debt restructuring deal on Wednesday, July 19. Analysts lauded the improved results and the flexibility afforded by the deal. But those same analyst.....»»
Carvana to launch celebrity ad campaign yet remains cautious toward advertising
The used car brand has had to cut back on its ad budget in order to stave off losses......»»
Privacy activists slam EU-US pact on data sharing
The deal overcame objections about US intelligence agencies' level of access to European data......»»
Big Tech can transfer Europeans’ data to US in win for Facebook and Google
EU-US data pact approved; privacy advocates to appeal because of US surveillance. Enlarge (credit: Getty Images | BeeBright) The European Commission today decided it is safe for personal data to be transferred from the E.....»»
Notebook ODMs may cut shipment prospects for 2H23
Notebook ODMs may see lower-than-expected shipment growth in the second half of this year compared to the first half, which may further lower annual shipment estimates, according to industry sources......»»
Carvana says it expects adjusted profit of more than $50M in Q2; shares surge 56%
The announcement sparked a rally for Carvana shares on Wall Street on Thursday. Shares skyrocketed 56 percent......»»
Carvana says it expects adjusted profit of more than $50M in Q2; shares surge 49%
The announcement sparked a rally for Carvana shares on Wall Street on Thursday. Shares rose 49 percent in afternoon trading......»»
LED chipmaker Ennostar remains cautious despite new orders for automotive applications
LED chip maker Ennostar remains cautious about its business prospects for 2023, despite increases in revenue from its automotive product line......»»
Who will foot the chip bill for extra tax? Taiwan-US signs first trade pact without resolving tax issues
After months of negotiations, Taiwan and the U.S. signed the first agreement under the U.S.-Taiwan Initiative on 21st-Century Trade on June 1 in Washington D.C. It outlines practices and procedures aimed at streamlining and strengthening trade relati.....»»
Shared modeling can help schools predict, avert dropouts
A research team co-led by Cornell found that for schools without the resources to conduct learning analytics to help students succeed, modeling based on data from other institutions can work as well as local modeling, without sacrificing fairness......»»
Notebook companies remain uncertain about 2H23 demand prospects
Companies engaged in the notebook industry supply chain are still uncertain about end-market demand in the second half of this year but are confident that 2024 will be stronger, according to industry sources......»»
Growing generative AI applications to drive long-term prospects for ABF substrate industry
The growing popularity of large language model (LLM) applications, such as generative AI, is likely to drive demand for high-end CPUs and GPUs, ensuring long-term prospects for ABF substrates, according to industry sources......»»
Tesla"s charging pact with Ford could draw more automakers to Supercharger network
Tesla CEO Elon Musk says he wants to help rivals with the EV transition. Analysts say charging deals could also turn the Supercharger network into a business opportunity......»»
Could wildflowers and bug hotels help avert an insect apocalypse? We just don"t know—yet
Insects are in rapid decline. One study found the global total is falling by 2.5% a year, with insect species going extinct eight times faster than mammals, birds and reptiles......»»
Holtek stays cautious about MCU market prospects
Microcontroller unit (MCU) specialist Holtek Semiconductor remains cautious about the consumer MCU market, which is not expected to bottom out until the fourth quarter of 2023, said company president Gordon Gau......»»
EU carbon tariff presents lucrative expansion prospects for cloud infrastructure providers
The Taiwan-based cloud infrastructure provider eCloudvalley Digital Technology has revealed its strategic roadmap, aiming to further expand its global presence. The firm plans to establish its Australian office in the second half of this year, after.....»»
IC substrate suppliers conservative about 2023 prospects
Taiwan-based IC substrate suppliers including Unimicron Technology, Nan Ya PCB, and Kinsus Interconnect Technology are conservative about their business prospects this year, as inventory adjustments for consumer electronics products persist, accordin.....»»
IC design houses see no demand momentum until 2024
Most IC design houses are generally uncertain about the prospects for the second half of 2023, as many end-market brand vendors and channel operators of consumer electronics products have expressed pessimism about demand in the second half......»»