Mercedes walks back EV sales target on waning demand
Variable cost parity between EVs and traditional cars "is many years away," Mercedes CEO Ola Kallenius said, as the automaker scaled back its target......»»
France’s cyber unit preps for cyberattacks targeting Paris Olympics
Paris Olympics organizers are expecting a wave of cyberattacks to target the Games when the sporting extravaganza kicks off in earnest this weekend......»»
Kia Tasman pickup unlikely to be available in the U.S.
The automaker released video of the off-road capable truck simulating testing in California, but its target markets are overseas......»»
Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty
Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»
Most automakers predict missed EV sales goals, slower transition in Kerrigan survey
The majority of automaker executives who participated in the 2024 Kerrigan OEM Survey said the transition to EVs will be slower than initially projected in the U.S......»»
Volvo softens EV-or-bust strategy as hybrids show promise
Some Volvo dealers fear the consequences of sticking to the 2030 target as EV growth slows, and CEO Jim Rowan says hybrids can be a bridge for customers not ready to dump gasoline......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
Intel is losing ground to AMD
Intel's market share has decreased to 71.9% in the third quarter of 2024. It remains the global leader in processor sales, but is steadily losing ground to AMD......»»
Researchers discover faster, more energy-efficient way to manufacture industrially important propylene
Polypropylene is a common type of plastic found in many essential products used today, such as food containers and medical devices. Because polypropylene is so popular, demand is surging for a chemical used to make it. That chemical, propylene, can b.....»»
Scientists hijack natural delivery system to send engineered proteins to target cells
Each cell in the body has its own unique delivery system that scientists are working on harnessing to move revolutionary biological drugs—molecules like proteins, RNA and combinations of the two—to specific diseased parts of the body......»»
Coalfire announces Cyber Security On-Demand portfolio
Coalfire announced its Cyber Security On-Demand portfolio to provide a flexible set of services that reduce cyber risks and remediate security vulnerabilities in customer environments. As attack surfaces grow, defenders need flexibility and a hacker.....»»
Android switchers boost iPhone Sales -- but not for the iPhone 15
Over the years, Apple has benefited greatly from Android users switching to iPhones. The models that the switchers are picking now is a short-term strategic challenge for Apple, but a long-term gain.Android switchers boost iPhone Sales — but not fo.....»»
Apple"s batterygate settlement fund didn"t have enough money to pay a $92.17 check
So much for being the world's most valuable company. An iPhone "batterygate" settlement check has bounced and allegedly because of insufficient funds.The bounced check that will bring down Apple. (Source: First Coast News)Maybe those falling sales i.....»»
When is the next Steam sale?
The best time to buy PC games is during the Steam sales, but when exactly is the next one? We'll let you know how long you have to save up for the next sale......»»
Battery sales keep Tesla profitable in Q2 as EV sales still slumped
Tesla's status as a growth stock will require some explaining if this keeps up. Enlarge / Will investors care that Tesla's car sales and profit margins are shrinking, not growing? (credit: Karol Serewis/SOPA Images/LightRocket v.....»»
LOKKER introduces web privacy risk summary for insurers
LOKKER released a new privacy solution for insurers: the ability to share on-demand web privacy risk reports with their insureds. These reports give insurers and the insured companies a simple view of their data privacy risk profile in eight differen.....»»
Automakers are reviving combustion engines as EV demand hits lull, supplier says
French supplier OPmobility says there is also renewed interest in hybrids and plug-in hybrids as automakers adjust to shifting consumer preferences......»»
Carvana"s used EV sales are up so far this year. Here"s a look at who"s buying them.
Emily Knoll, Carvana's senior director of inventory strategy, shared insights on retailer's second-quarter EV Trends Report......»»
GM ups guidance after posting 14% higher profit, record Q2 revenue
GM said it set records for global revenue, North American profit and North American revenue in the second quarter, by strong sales of pickups and SUVs......»»
Security Bite: North Korean hackers impersonate job recruiters to target Mac users with updated BeaverTail malware
9to5Mac Security Bite is exclusively brought to you by Mosyle, the only Apple Unified Platform. Making Apple devices work-ready and enterprise-safe is all we do. Our unique integrated approach to management and security combines state-of-the-art App.....»»
Porsche waters down EV ambitions, says transition will take "years"
German automaker is latest to warn that goals set in recent years for future EV sales were too ambitious as customers remain reticent to make the switch away from gasoline-powered cars......»»