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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......»»

Category: itSource:  digitimesJan 11th, 2023

Rocket Report: Archimedes engine sees first light, New Glenn making moves

"Coming soon: a full recovery rehearsal with our landing vessel." Enlarge / Rocket Lab says it fired up the Archimedes engine at full thrust this week. (credit: Rocket Lab) Welcome to Edition 7.06 of the Rocket Report! T.....»»

Category: topSource:  arstechnicaRelated NewsAug 9th, 2024

Cars Commerce Q2 net income drops 88% with accounting adjustment

Cars Commerce lowered its guidance in part because of the impact from the CDK Global cyberattacks in June......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached

The lidar supplier said revenue grew 2 percent to $16.5 million......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

Openlane"s vehicle volume up 7%, revenue rises 3.6% in Q2

The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

Cars Commerce Q2 net income drops 88% after accounting adjustment

Cars Commerce lowered its guidance in part because of the impact from the CDK Global cyberattacks in June......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

ACV Auctions says Q2 net loss widened to $17M, revenue rises 29%

ACV Auctions said the number of used vehicles sold by dealers and commercial auto companies on its wholesale marketplace platform grew 22 percent year over year......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

Openlane"s vehicle volume up 7%, revenue rises 4% in Q2

The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»

Category: topSource:  autonewsRelated NewsAug 8th, 2024

Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting

Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»

Category: topSource:  autonewsRelated NewsAug 7th, 2024

Adient net income plummets 69% in fiscal Q3 amid delayed launches, Europe troubles

Despite challenges in Europe, the global seating supplier sees promising growth opportunities with Chinese automakers......»»

Category: topSource:  autonewsRelated NewsAug 6th, 2024

TrueCar"s Q2 net losses decrease thanks to higher dealer franchise revenue

The CDK cyberattacks caused some impact, but the vehicle listings company reduced losses, grew revenue and formally launched its enhanced TrueCar+ pilot......»»

Category: topSource:  autonewsRelated NewsAug 6th, 2024

How to start your cybersecurity career: Expert tips and guidance

As businesses strive to protect their data and privacy, the demand for skilled cybersecurity professionals continues to grow. This article provides expert advice to help you navigate the early stages of your cybersecurity career, offering practical t.....»»

Category: securitySource:  netsecurityRelated NewsAug 5th, 2024

Apple reports record Q3 2024 earnings with $85.78 billion in revenue

Apple has revealed its full earnings report for the fiscal third quarter of 2024. The company reported $85.78 billion in revenue during the three-month period, covering April, May, and June. Net profit for the quarter came in at $21.45 billion, and e.....»»

Category: topSource:  theglobeandmailRelated NewsAug 3rd, 2024

Tim Cook says Apple is spending more to get Apple Intelligence ready for launch this fall

Apple on Thursday announced the results of its third fiscal quarter of 2024, with $85.78 billion in revenue from April to June. The company’s sales grew by 5%, and it seems that its executives have high expectations for the future. That’s because.....»»

Category: topSource:  theglobeandmailRelated NewsAug 3rd, 2024

AWS revenue growth soars once again as Amazon CEO calls for more AI

Amazon CEO Andy Jassy looks to up AWS capacity for AI even further......»»

Category: topSource:  theglobeandmailRelated NewsAug 2nd, 2024

CDK outage fuels 86% drop in Asbury Q2 net income

Lost business and one-time costs related to the CDK Global outage contributed to an 86 percent drop in Asbury's net income, though the retailer managed to post record revenue of $4.2 billion......»»

Category: topSource:  autonewsRelated NewsAug 2nd, 2024

Japan sees hottest July since records began

Japan sweltered through its hottest July since records began 126 years ago, the weather agency said, as extreme heat waves fueled by climate change engulfed many parts of the globe......»»

Category: topSource:  physorgRelated NewsAug 2nd, 2024

The worrying future of RAM and SSD pricing

There's a growing demand for DRAM and NAND Flash, and this means massive increases in revenue. It could also have a huge impact on pricing......»»

Category: topSource:  digitaltrendsRelated NewsAug 1st, 2024

Mobileye slashes annual forecasts on uncertain demand; shares fall

Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

Lithia net income down 28% in Q2 despite record revenue of $9.2B

Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»

Category: topSource:  autonewsRelated NewsAug 1st, 2024

Google Maps and Waze get new route guidance and alerts

Google has announced updates for both its Google Maps and Waze apps on iOS, including recommending car parks, and alerting users to different types of speed cameras.Google is updating both Google Maps (pictured) and Waze for iOSMore than ten years af.....»»

Category: appleSource:  appleinsiderRelated NewsAug 1st, 2024