Lucid Motors valuation soars to $62 billion
Stock market investors valued electric vehicle maker Lucid Motors at $62 billion on Tuesday after a deal to merge with blank check firm Churchill Capital IV, sparking some concerns about the real worth of the company which has yet to start regular pr.....»»
Apple not investing in OpenAI after all, new report says
Apple is no longer planning to invest in OpenAI, according to a new report from The Wall Street Journal. This comes as OpenAI plans to close a $6.5 billion funding round next week, with investments possible from both Microsoft and Nvidia. more….....»»
BMW recalls more cars over new issue with Continental"s brakes
The action highlights fresh issues with Continental parts after BMW was forced to recall 1.5 million vehicles over an electric component fault that may cost the automaker $1.11 billion to fix.....»»
Grocery stores that donate expiring food instead of price discounting or discarding make higher profits, says researcher
All major supermarkets and retailers that sell groceries, such as Kroger, Walmart and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close to 2 billion pounds of food across the United States, which amounted.....»»
New research offers fresh hope to curb illegal orchid trafficking in Vietnam
Orchids, with their captivating beauty, have become a multi-billion-dollar industry. Unfortunately, many species are on the brink of extinction, particularly in Vietnam, due to unsustainable wild harvesting and minimal enforcement of laws restricting.....»»
VW Group-owned Navistar rebrands as International Motors
The company dates back to 1902 when McCormick Harvesting Machine Co. merged with Deering Harvester Co. along with three agricultural equipment firms......»»
Samsung Wants Better Software Integration Between Cars and its Phones
Samsung recently announced a new collaborative effort alongside Hyundai Motors and Kia. The post Samsung Wants Better Software Integration Between Cars and its Phones appeared first on Phandroid. The continued modernization of in-vehicle i.....»»
‘That’s weird’: This galaxy could help astronomers understand the earliest stars
Astronomers using the James Webb Space Telescope have spotted a weird galaxy that originated just a billion years after the Big Bang......»»
Editorial: Ugly presidential politics, not national security, blocking U.S. Steel acquisition by Nippon Steel
Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel has been wrongly sidetracked by presidential politics. It should be approved......»»
Can the "hard steps" in the evolutionary history of human intelligence be recast with geological thresholds?
What took so long for humans to appear on Earth? The Earth is 4.6 billion years old, and life began about 4 billion years ago, yet humans—the only intelligent, technological species we know of in the universe—have existed only for the last 200,0.....»»
GM"s Rory Harvey: Flexibility needed during evolving market transition
Automakers are contending with variables that include trade with China and the upcoming U.S. presidential election, General Motors' top North American executive said......»»
Microchip can save millions of liters of milk from going down the drain
Large amounts of the food we produce do not end up in our stomachs, but in landfills, sewers, or elsewhere. According to the UN, in 2022, this was the fate of 1.05 billion tons of food, which ended up as food waste—corresponding to approximately 13.....»»
White House picks Monroe Capital to develop $1 billion fund for auto suppliers
The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said......»»
PepsiCo North America CEO makes a color-coded pie chart of his waking hours to help him lead $27 billion beverage division
PepsiCo North America CEO makes a color-coded pie chart of his waking hours to help him lead $27 billion beverage division.....»»
GM to recall over 449,000 pickup trucks, SUVs in US
General Motors is recalling 449,671 pickup trucks and SUVs in the U.S. due to inoperative low brake fluid warning, the U.S. National Highway Traffic Safety Administration said on Friday. .....»»
A record of the Earth’s temperature covering half a billion years
With one exception, a strong link between carbon dioxide and global temperatures. Enlarge / The cycle of building and breaking up of supercontinents seems to drive long-term climate trends. (credit: Walter Myers/Stocktrek Images).....»»
Lucid Gravity: range, charging, price, release date, and more
Another top dog in the world of electric SUVs could be on the way. The Lucid Gravity has been announced, and is set to finally launch next year......»»
Lucid eyes Detroit engineering talent ahead of EV launches, powertrain supply agreements
Lucid Motors opened a hub near Detroit to attract vehicle engineers. It also wants to provide its powertrain tech to more automakers......»»
GM uses dealer feedback to implement online sales platform
Nearly 1,000 dealers use General Motors' Digital Retail Platform, which is designed to create a consistent shopping experience and reduce some of the cost required to sell vehicles......»»
Life might thrive on the surface of Earth for an extra billion years
The sun is midway through its life of fusion. It's about 5 billion years old, and though its life is far from over, it will undergo some pronounced changes as it ages. Over the next billion years, the sun will continue to brighten......»»
New study takes the Earth’s temperature over a half-billion years
With one exception, a strong link between carbon dioxide and global temperatures. Enlarge / The cycle of building and breaking up of supercontinents seems to drive long-term climate trends. (credit: Walter Myers/Stocktrek Images).....»»