MediaTek posts revenue decline in April
Lockdown restrictions in major Chinese cities have made an adverse impact on end-market demand and also supply chains involving mobile SoC specialist MediaTek, which saw its April revenue decline 11% sequentially, according to market observers......»»
Political posts on X could harm academics" credibility, new study finds
New research, published in a CESifo working paper reveals that expressing political views on social media can erode public trust in academics. The paper is a collaboration from Dr. Eleonora Alabrese from the University of Bath; Francesco Capozza, Res.....»»
Polestar posts $242M loss amid EV demand slowdown
The automaker expects the Polestar 3 and 4 will help boost sales in the second half of the year, particularly in the last few months when demand for the two premium crossovers should grow......»»
Vinnie Johnson"s Piston Group wins scathing verdict in longtime minority certification fight
The verdict ends a legal feud that’s been stewing since early 2021. At stake was a lucrative minority certification that helped the auto supplier win business from automakers. The fast-growing supplier has topped $3 billion in revenue and employs 1.....»»
F&I revenue still possible as leasing returns
As leasing grows across the country, car dealership finance managers might have a harder time hitting the kind of F&I gross profit per vehicle seen during the inventory shortage. But there's still an opportunity for the finance and insurance office,.....»»
iPhone 16 will lead Apple to record high $400 billion revenues in 2024
Apple is now expected to exceed $400 billion in annual revenue in 2024, with this record high driven by all of its hardware such as the iPhone, plus another record high for Services.Renders of the iPhone 16 rangeIt's estimated that when Apple was inc.....»»
South Asia air pollution fell in 2022, but remains major killer: report
A surprise improvement in air quality in South Asia in 2022 drove a decline in global pollution, with favorable weather a likely factor, a new report said Wednesday......»»
How to prioritize data privacy in core customer-facing systems
Evolving global data privacy regulations are keeping marketers on their toes. In April 2024, the American Privacy Rights Act (APRA) was introduced in the Senate. The proposed bill would create a federal consumer privacy framework akin to the GDPR, wh.....»»
Threads testing new option for temporary 24 hour posts
Meta began experimenting with an option for auto-archiving posts back in April, but the feature never came to fruition in that form. However, the company has now confirmed that they’re experimenting with a new ephemeral post format, where users can.....»»
Volvo Trucks picks Monterrey for $700 million Mexico assembly plant
Volvo AB said in April that it aimed to build a plant in Mexico to supply the group's Volvo Trucks and Mack Trucks businesses in the U.S. and Canada as well as Mack Trucks in Mexico and Latin America. .....»»
Apple Podcasts no longer king as competitors gain ground
A new study has found that Apple Podcasts faces a significant decline as YouTube and Spotify solidify themselves in the space.Apple PodcastsThere was a time when Apple Podcasts was the place to listen to podcasts, controlling 27% of the market as rec.....»»
Stellantis, GM slash headcount in Michigan but keep state incentives
Stellantis employed 38,913 people in the state at the beginning of 2023, a 7 percent year-over-year drop, according to data submitted to Crain’s. GM’s Michigan-based headcount of 50,316 at the start of 2024 represents a 9 percent decline from 202.....»»
Zoom calls aren"t going anywhere yet - and could soon get even more AI
Pandemic success and staying on trend when it comes to AI has kept Zoom’s revenue heading upward......»»
GM works to snuff out glitches as it eyes big software profits
GM believes software will be a huge revenue driver in the coming years, but resolving problems before vehicles launch and staying nimble have been challenges......»»
Fatal Fury: City of the Wolves launches in April with some key features
Fatal Fury: City of the Wolves is coming next April, and it boasts key features like rollback netcode......»»
Nvidia is ditching dedicated G-Sync modules to push back against FreeSync’s ubiquity
But G-Sync will still require specific G-Sync-capable MediaTek scaler chips. Enlarge (credit: Nvidia) Back in 2013, Nvidia introduced a new technology called G-Sync to eliminate screen tearing and stuttering effects and.....»»
Energy companies pressure landowners into fracking, study shows
Energy companies use persistent and personalized pressure to get landowners to give permission for hydraulic fracturing (fracking), and even when landowners decline, companies use legalized compulsion to conduct fracking anyway, according to a new st.....»»
How to install Fortnite on your iPad or iPhone outside of the European Union
Epic Games relaunched Fortnite in the EU a couple days ago, after a 4 year legal battle with Apple over the App Store’s 30% revenue cut. Apple announced changes to app distribution in the EU earlier this year, and Epic is finally taking advantage o.....»»
Video dominates mobile app revenue; TikTok coins reward live streamers
Video dominates mobile app revenue, according to a new report. Of the total $3.8B smartphone owners spent on entertainment apps last quarter, three billion of it was spent on streaming and short video apps. The most dramatic growth in earnings was.....»»
Alibaba sees revenue hit by caution in cloud space
News follows previous results from this quarter suggesting that cloud dominance is still very much a three-horse race......»»
Sonos contemplates bringing back its old app amid hardware headwind and layoffs
Sonos has had a tough time since it launched a brand-new app in April that was met with instant and harsh criticism from customers. While the company has a plan to fix the new app, Sonos leadership is considering the possibility of relaunching its ol.....»»