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Lyft’s CEO says ‘my bad’ on margin error, ‘it was one zero’

Lyft Inc. Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.”.....»»

Category: topSource:  autonewsFeb 14th, 2024

Stellantis, Renault CEOs dismiss reports of merger

Stellantis CEO Carlos Tavares said a potential tie-up was 'speculation," while Renault CEO Luca de Meo said they were 'rumors." The French government holds a share in each company......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Stellantis hybrid sales in Europe constrained by transmission supply, Carlos Tavares says

The ramp-up of a dual-clutch transmission at factories in Italy and France is holding back sales of models with Stellantis' new 48-volt hybrid powetrain, which can cut emissions by up to 25 percent, CEO Carlos Tavares said......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Maserati"s stumbles due to marketing issues, Stellantis CEO Carlos Tavares says

Despite heavy financial losses and slumping vehicle sales, Maserati is sustainable but more needs to be done to position it as a pure luxury brand, Stellantis CEO Carlos Tavares said......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Manufacturers are lucrative targets for cybercriminals

Hackers and other bad actors believe manufacturers are behind on security measures and more likely to pay a ransom......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend

Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Tim Cook sells $50M worth of AAPL shares, but the timing is coincidental

Apple CEO Tim Cook has sold AAPL shares worth more than $50M at a time when the stock is close to an all-time high – but the timing is coincidental. The stock value broke $200 per share back in June, hitting a record $236 in July. There’s been.....»»

Category: topSource:  marketingvoxRelated NewsOct 3rd, 2024

iPhone contact privacy change is good for developers, not bad

Some developers yesterday argued that a change to iPhone contact privacy in iOS 18 made it harder for new social media apps to compete. But I think they’re wrong, and that the more granular privacy control offered in iOS 18 actually makes it mor.....»»

Category: topSource:  marketingvoxRelated NewsOct 3rd, 2024

GM CEO Mary Barra back at No. 1 of Most Powerful Women in Business

Fortune recognized Mary Barra for steering General Motors through last year's UAW contract talks and strike while also improving the automaker's profitability and stock price......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Formula E’s Race to Get the Whole World Electrified

Since launching in 2014, the world’s premier EV racing series has made huge technological leaps and gained hundreds of millions of fans. But CEO Jeff Dodds won’t rest until every new car is electric......»»

Category: gadgetSource:  wiredRelated NewsOct 2nd, 2024

iPhone 16 Pro Max vs Pixel 9 Pro XL camera shootout sees iPhone win

An iPhone 16 Pro Max vs Pixel 9 Pro XL camera shootout carried out in a variety of indoor and outdoor lighting conditions has seen the iPhone declared the winner, albeit by a relatively slim margin. You might not get that impression when you first.....»»

Category: topSource:  pcmagRelated NewsOct 2nd, 2024

“Obviously a failure”: Sonos execs not getting bonuses due to app fiasco

Sonos extends hardware warranties by a year as act of contrition. Sonos' controversial app update in May was "obviously a failure," Sonos CEO Patrick Spence told Reuters today. W.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

Sonos makes seven promises, including boosted warranties; customers seem unimpressed

Sonos has been struggling to regain the trust of its customers after its disastrous launch of a new version of the app. After initially doubling down on the new app, the company’s CEO later apologized for it, and he has now made seven promises a.....»»

Category: topSource:  informationweekRelated NewsOct 2nd, 2024

Enhancing firewall management with automation tools

In this Help Net Security interview, Raymond Brancato, CEO at Tufin, discusses the considerations organizations must weigh when selecting a next-generation firewall to effectively balance security needs with network performance. What factors should o.....»»

Category: securitySource:  netsecurityRelated NewsOct 2nd, 2024

Western media outlets are trying to fix their coverage of Africa. Is it time African media did the same?

Quick question: what do these titles have in common? A Dark Continent Seeking Light; Sure, Ebola is Bad. Africa has Worse, or; Magic and Cannibalism in the African Jungle. You guessed it—they're all about Africa. But the most correct answer is they.....»»

Category: topSource:  physorgRelated NewsOct 1st, 2024

What’s new on Netflix and what’s leaving in October 2024

Yellowjackets, Bad Boys: Ride or Die, A Quiet Place Part II, Tomb Raider: The Legend of Lara Croft, and S.W.A.T. season 7, are new on Netflix in October 2024......»»

Category: topSource:  digitaltrendsRelated NewsOct 1st, 2024

Stellantis cuts 2024 forecast on costs for U.S., Chinese competition

The profit margin will be dented by lower-than-expected sales in the second half across most regions, Stellantis said.  .....»»

Category: topSource:  autonewsRelated NewsSep 30th, 2024

Scientific jargon, entrenched teaching methods and student roles stifle science engagement, study says

Just as Danish school kids get to test their hands at science in earnest they come face to face with entrenched teaching methods, coded language and a no-error culture. New research from the University of Copenhagen shows that students get locked int.....»»

Category: topSource:  physorgRelated NewsSep 12th, 2024

Microsoft performs operations with multiple error-corrected qubits

Microsoft boosts error correction on Quantinuum machine, partners with Atom Computing. Enlarge / Quantinuum's H2 "racetrack" quantum processor. (credit: Quantinuum) On Tuesday, Microsoft made a series of announcements re.....»»

Category: topSource:  arstechnicaRelated NewsSep 10th, 2024

Quantum error correction technology outperforms world"s leading quantum computing company, researchers claim

Solving the problem of error is essential for the practical application of quantum computing technologies that surpass the performance of digital computers. Information input into a qubit, the smallest unit of quantum computation, is quickly lost and.....»»

Category: topSource:  theglobeandmailRelated NewsSep 9th, 2024

New quantum error correction method uses "many-hypercube codes" while exhibiting beautiful geometry

In work published in Science Advances, Hayato Goto from the RIKEN Center for Quantum Computing in Japan has proposed a new quantum error correction approach using what he calls "many-hypercube codes.".....»»

Category: topSource:  physorgRelated NewsSep 6th, 2024