Largan posts increased November revenue
Smartphone-use lens module specialist Largan Precision has reported revenue growth of 1% sequentially and 20% annually to NT$5.23 billion (US$171.5 million) in November 2022......»»
Spotify posts another big operating loss, but growing subscribers
Spotify said in its Q4 earnings report that while it bled another $231 million in cash, subscribers rose to 489 million.Following its laying off of 6% of its workforce, Spotify has reported mixed results for its latest financial earnings."In hindsigh.....»»
Spotify posts another big operating loss, but growing subscribers [u]
Spotify said in its Q4 earnings report that while it bled another $231 million in cash, subscribers rose to 489 million.Following its laying off of 6% of its workforce, Spotify has reported mixed results for its latest financial earnings."In hindsigh.....»»
GM Q4 net income rises 15% to $2 billion; revenue surged 28% to $43.1 billion
GM's adjusted profit in North America soared 69 percent in the quarter to $3.7 billion......»»
Sony: Would-be PlayStation 5 buyers “should have a much easier time” now
"You should now have a much easier time finding one at retailers globally." Enlarge / The PlayStation 5. In a blog post published on Monday, Sony hardware VP Isabelle Tomatis announced that there is now an "increased su.....»»
Twitter now wants to become a payments platform to compete with Apple Pay and PayPal
Since Elon Musk became the owner of Twitter, the company has been looking for new ways to increase its revenue. But now it seems that Musk is about to take a step that will take the company’s services far beyond just a social network, as he’s in.....»»
iPhone 15 Wi-Fi 6E support would mean more capacity, less interference, better video streaming
An analyst report points to likely iPhone 15 Wi-Fi 6E support this year – giving at least some of this year’s iPhones access to a whole new frequency band. If accurate, that would mean increased capacity, reduced interference, and better video s.....»»
Spotify currently down for many users; second outage in two weeks
Update: Spotify has said: “Something’s not quite right, and we’re looking into it. Thanks for your reports!” It’s not just you: Spotify is facing an ongoing outage that is affecting many of its users around the world. According to posts o.....»»
iPhone 14’s Emergency SOS via satellite feature touted as a ‘game changer’ by search and rescue teams
Apple debuted its new Emergency SOS via satellite feature for iPhone 14 users back in November, and we’ve already seen multiple stories about the feature being used in the real world. A new story out of Canada today offers another example of Emerg.....»»
Mounting cybersecurity pressure is creating headaches in railway boardrooms
The expansion of potential cyber threats has increased due to the integration of connected devices, the Internet of Things (IoT), and the convergence of IT and OT in railway operations. In this Help Net Security interview, Dimitri van Zantvliet is th.....»»
Intel just took the worst beating in earnings in over a decade
Intel's fourth quarter in 2022 encompassing the holiday season was the worst in the company's history, as it reported a 32% drop in revenue since the holiday quarter of 2021.Intel posts loss for 2022The company shared its results for the fourth quart.....»»
Does failing to detect aliens mean we"ll never be contacted?
In a recent paper submitted to The Astronomical Journal in November 2022, a scientist at the Swiss Federal Institute of Technology Lausanne quantifies how the Earth has not heard a radio signal from an extraterrestrial technological civilization sinc.....»»
AMD adaptive computing technology enables next-gen Denso LiDAR system
AMD announced recently that its adaptive computing technology is powering Denso's next-generation LiDAR platform to deliver over 20X improvement in resolution with extremely low latency for increased precision in detecting pedestrians, vehicles, free.....»»
Appier on ChatGPT: Large model means adjustments are still difficult
Appier believes that ChatGPT, the AI chatbot that has been widely discussed since its launch at the end of November 2022, still has a long way to go for commercial applications. Making a massive AI model like this more portable and targeted will be a.....»»
Financial projections for electronic components go in two opposite directions
The smartphone market is shrinking while the demand for automotive and industrial application has increased. These two major trends will determine the FY2022 (2022/04-2023/03) revenue performance of Japanese electronic component manufacturers......»»
Stellantis dealers near record profitability despite lower sales
Increased profitability and a surge in Stellantis’ J.D. Power sales satisfaction scores gave the company and its dealers plenty to be excited about despite the production constraints that kept inventory tight......»»
Gentex says Q4 net income rose 2.3% while revenue improved 18%
Automotive mirror supplier Gentex said its fourth-quarter net income rose 2.3 percent to $86.2 million as customers improved production from previous quarters......»»
Lithia CEO Bryan DeBoer says 100-150 more dealerships needed to hit revenue goal
Lithia, one the most active players in the buy-sell market, will need to acquire 100 to 150 more dealerships in the United States, and possibly elsewhere, between now and the end of 2025 to reach its goal, says CEO Bryan DeBoer......»»
Hyundai unveils $8.5B spending plan amid EV push
Hyundai increased dividends in an unusual move for the automaker, after operating profit more than doubled in the latest quarter......»»
Tesla Q4 net income surges 59%, but slower growth expected in 2023
The EV maker reported revenue of $24.3 billion in the fourth quarter, above analyst estimates, but put delivery growth at 37 percent for 2023 compared with a previous forecast of 50 percent......»»
Hackers dug deep in the massive LastPass security breach
The November LastPass cybersecurity breach was worse than previously reported and hackers stole data from several other GoTo products and services......»»