MediaTek posts revenue and profits declines in 4Q22
MediaTek has reported an over 40% sequential decline in net profits for the fourth quarter of 2022, with revenue decreasing nearly 24% on quarter, despite record-high sales and profit results for the entire year......»»
iOS 17.5 is allegedly resurfacing pictures that were deleted years ago for some users
A bug in iOS 17.5 is allegedly resurfacing photos that were deleted years ago for some iPhone users, according to posts on Reddit. The affected iPhone users say that after updating to iOS 17.5 – which was released on Monday – there are a number.....»»
Some EV startups have gone bankrupt. More are likely to follow suit
EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits......»»
Nvidia could turn gaming handhelds on their head
Nvidia is rumored to be co-developing a chip with MediaTek that could power PCs and even handheld gaming devices......»»
Bankruptcies, cash burn and uncertainty mark latest phase for EV startups
EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits......»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
Mazda profits zoom to records on CX-90, hybrid uptake, foreign exchange rates
Mazda reaches record profits thanks to the popularity of its large platform CX-90 crossover and uptake of hybrids, but the Japanese carmaker is bracing for headwinds this year......»»
Stack Overflow users sabotage their posts after OpenAI deal
Anti-AI users who change or delete answers in protest are being punished. Enlarge (credit: Getty Images) On Monday, Stack Overflow and OpenAI announced a new API partnership that will integrate Stack Overflow's technical.....»»
ACV reports Q1 net loss of $20M; revenue up 22%
ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»
5 key takeaways from Toyota"s record earnings report
Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»
Accounting change drives down Cars Commerce Q1 net income
Cars Commerce's 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped boost average revenue per dealer......»»
Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines
Continental swung to a loss amid delays in new programs, lower production volumes in Europe, and salary and wage inflation......»»
Apple profits surge as consumers choose pricier iPhone storage options
Amidst plateauing iPhone sales, Apple's enhanced storage upgrade options have emerged as a significant profit driver.Apple profits surge as consumers choose pricier iPhone storage optionsApple has long leveraged the strategy of encouraging iPhone use.....»»
Toyota CEO Sato leads automaker to record profit, sales, production
Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»
Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion
Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»
MediaTek Extends its Dominance with the New Dimensity 9300+
We can expect to see the new SoC arrive later this month on devices from Vivo and iQOO. The post MediaTek Extends its Dominance with the New Dimensity 9300+ appeared first on Phandroid. MediaTek has finally announced its most powerful SoC.....»»
Replacing curbside carparking with bike lanes: A "Robin Hood planning" idea
Turning curbside carparks into cycling lanes could improve city accessibility and livability without affecting business revenue, University of Queensland research has found......»»
F&I gross profit per vehicle down for 5 of 6 public groups in Q1
The retailers pointed to high interest rates again as a major contributor to the declines......»»
Ferrari posts 13% rise in quarterly earnings amid flat deliveries
Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million......»»
Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues
Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»