MediaTek sees 4Q22 revenue come within guidance
MediaTek's fourth-quarter revenue came in at the lower end of the company's guidance range, but revenue for 2022 still met its goal of maintaining double-digit revenue growth......»»
Wireless Adapter Statistics 2023 – By Country, Shipment, Types, Companies, Revenue
Introduction Wireless Adapter Statistics: As to reports, the global […] Introduction Wireless Adapter Statistics: As to reports, the global market size of wireless adapters is expected to reach above $2.48 billion by the end of 2030......»»
J.P. Morgan predicts marginal financial impact from Apple Watch ban
Apple has to cease sales of its latest Apple Watch models thanks to an ITC decision, but an analyst note suggests the ban will have minimal impact on revenue.Apple Watch Series 9Apple Watch Series 9 and Apple Watch Ultra 2 will no longer be imported.....»»
Wolverine-developer Insomniac Games sees 1.67TB of secrets leaked in data breach
Future Ratchet & Clank, X-Men, and Spider-Man games exposed—but it gets worse. Enlarge / An officially released image for Insomniac Games' upcoming game Wolverine. (credit: Insomniac Games) Acclaimed Sony-owned game de.....»»
Inflation Reduction Act in 2023: A year of crucial guidance for automakers, car dealers, EV stakeholders
Here's a timeline of some of the biggest moments from 2023......»»
U.S. rules could force early production halt to some gas vehicles, automakers say
The Alliance for Automotive Innovation warned the proposed rules "could prematurely force abandonment of many internal combustion engine vehicles and their associated revenue, reducing the availability of capital necessary for automakers to fund the.....»»
Asbury closer to 2025 $32B revenue goal with Jim Koons megadeal
National car dealership group Asbury Automotive bought more than $3 billion of the $6.9 billion from acquisitions it needs to reach its 2025 target......»»
Fifth national climate assessment emphasizes mitigation
The latest National Climate Assessment highlights historic emissions reductions and outlines new guidance for achieving a net-zero emissions pathway......»»
Elon Musk’s X ad revenue reportedly fell $1.5B this year amid boycotts
"We are not Twitter any longer," X exec said. Enlarge (credit: Leon Neal / Staff | Getty Images Europe) It's hard to know exactly how dire the financial situation is at Elon Musk's X (formerly Twitter). However, insider.....»»
Asbury Automotive completes $1.2B Jim Koons acquisition
The Koons group reported $3.2 billion in revenue and sales of 26,188 new vehicles in 2022, ranking it No. 23 on ' list of the top 150 dealership groups based in the U.S. Asbury ranked No. 5 on the list, retailing 151,179 new vehicles last year......»»
Penske Automotive agrees to buy 15 premium brand dealerships in U.K. from Rybrook Group
Dealerships in the acquisition, if completed, would include four BMW, four MINI, four Volvo, two Land Rover and one Porsche. The stores generate about $1 billion in annual revenue......»»
Spotify says it has no plans to support App Store in-app purchases again on iOS
To avoid paying Apple a cut of its revenue, Spotify removed in-app purchases from the Spotify for iOS app several years ago. A report on Thursday claimed that Spotify was working to reverse that decision, but the company has now confirmed that it.....»»
Ford says unlikely Mustang Mach-E EV will qualify for federal tax credits in January
The U.S. Treasury issued guidance last week detailing new battery sourcing restrictions that take effect Jan. 1 aimed at weaning the U.S. EV supply chain away from China. The current model Mach-E currently qualifies for a $3,750 federal tax credit......»»
iPhone assembler Foxconn expects strong sales for the holiday quarter
iPhone assembler Foxconn had already predicted “significant growth” during the holiday quarter, but now says that October and November have been even stronger than expected. The company told investors that its November revenue hit T$650 billio.....»»
Tense "I.S.S." trailer teases astronauts fighting for control of the space station
The trailer for Gabriela Cowperthwaite's sci-fi thriller "I.S.S." sees astronauts fighting for control of the international space station after war breaks out on Earth. What would happen onboard the International Space Station (ISS) if war brok.....»»
EV maker Fisker slashes 2023 production target
Electric-vehicle maker Fisker said on Friday it will scale down production this month, and produce fewer cars this year than its previous guidance, to prioritize cash for working capital needs......»»
White House details term that could slash eligibility for EV tax credits
The 'foreign entity of concern' guidance gives automakers certainty as they invest billions in domestic EV and battery manufacturing. However, the interpretation likely will further slash the number of EVs that qualify for a credit as soon as next ye.....»»
Apple Watch sees best ever Q3 numbers, as Huawei hurts Samsung
New market intelligence data suggests that the Apple Watch has seen its best ever Q3 shipments, up 7% year-on-year. The latest Apple Watch SE was credited with contributing “significantly” to that growth. The biggest winner was Huawei, which t.....»»
Supplier AMS Osram refocuses on automotive lighting in turnaround plan, CEO says
Austrian lighting and sensor supplier AMS Osram sees increased revenue from advanced LED technology as one of the key pillars of its financial turnaround, its CEO said......»»
Apple makes up less than 5% of Arm’s revenue, and Arm can’t do anything about it
Despite Apple’s reliance on Arm as the instruction set for iPhone chips, Arm earns less than 5% of its annual revenue from Apple. A new report details how this has been a heated point for Arm, especially now that the company is publicly traded and.....»»
Political ideology affected how COVID-19 news was consumed, study finds
During the COVID-19 pandemic, the speed with which available health and safety information evolved was novel to most people around the world. To assess how the public handled the changing guidance, an international research team compared information.....»»