Micron announces US$40 billion investment plan despite gloomy revenue forecast
Micron Technology announced on August 9 it would invest US$40 billion to build leading-edge memory manufacturing in the US. The investment, according to Micron, will proceed in multiple phases all the way to the end of the decade......»»
Debunking compliance myths in the digital era
Despite recent economic fluctuations, the software-as-a-service (SaaS) market isn’t letting up. The industry is set to grow annually by over 18% and be valued at $908.21 billion by 2030. It’s evident the industry is fueled by an increasing relian.....»»
Future of 1 billion people in South Asia hinges on water pact, says new analysis
Better collaboration is urgently needed to mitigate the impacts of climate change on three key river basins in South Asia—the Brahmaputra, Indus and Ganges—according to new analysis......»»
NASA"s Europa clipper survives and thrives in "outer space on Earth"
In less than six months, NASA is set to launch Europa Clipper on a 1.6-billion-mile (2.6-billion-kilometer) voyage to Jupiter's ocean moon Europa. From the wild vibrations of the rocket ride to the intense heat and cold of space to the punishing radi.....»»
Grok AI chatbot coming to all premium X subscribers this week
The Grok AI chatbot, which was previously going to be exclusive to X’s top-tier Premium+ subscribers, will instead be coming to all premium subscribers this week. The move is likely geared to boosting revenue in the face of falling usage and an.....»»
Hyundai plans $51 billion investment in EVs, software-defined vehicles over 3 years
Hyundai is adding 80,000 new employees, including 44,000 new hires in electrification, SDVs and carbon neutrality......»»
Survey: Dealerships lukewarm about EV service overall but see potential for increased retention, revenue
Nearly half of dealership executives and fixed ops leaders aren't overly enthused about integrating EV service into their shops. They're also not overwhelmingly positive about the overall future of EV service......»»
Credit unions plan to grow auto dealership relationships in 2024
Most credit unions expected to work more closely with car dealerships in 2024, and nearly all of them think such collaboration aids members, according to a Credit Union Leasing of America survey of that auto lending sector......»»
Cybersecurity essentials during M&A surge
The volume of mergers and acquisitions has surged significantly this quarter. Data from Dealogic shows a 130% increase in US M&A activity, totaling $288 billion. Worldwide M&A has also seen a substantial uptick, rising by 56% to $453 billion. Conside.....»»
How many devices can you watch Sling TV on at once?
Sling TV lets you stream your favorite channels on multiple devices — if you have the right plan, and if that channel is covered under that plan......»»
U.S. growth, hybrids are centerpieces of Nissan"s new midterm plan
Nissan Motor Co.'s new midterm business plan, The Arc, touches all corners of the Japanese carmaker's global business, from regional sales and new technologies to financial targets and corporate partnerships......»»
Lawsuit: Toyota misled about savings from maintenance plan
A California woman has sued Toyota Motor Credit Corp. and Toyota, alleging one of the manufacturer's car dealers sold her a ToyotaCare Plus maintenance plan for 10 service visits — only to have another Toyota auto dealership service department igno.....»»
Canva Announces Acquisition of Serif and its Affinity Software
The acquisition was publicly announced earlier, and expands the lineup of software under the Canva brand. The post Canva Announces Acquisition of Serif and its Affinity Software appeared first on Phandroid. Remember Canva, the app that spe.....»»
Automakers, Tier 1 companies ask suppliers for parts payment delays as investment costs mount
Some automakers and Tier 1 parts companies, on the hook for billions of dollars in EV and software-related investments, are asking their supply chains for longer payment terms or to defer payments entirely......»»
Billionaire brothers Thomas and James Duff buy dealerships
Thomas and James Duff, second-generation owners of a tire-retail empire, are on Forbes' roster of the richest people in the world, each listed with $3 billion in net worth......»»
A microalgae–material hybrid promotes carbon neutrality
Microalgae, including cyanobacteria and green algae, represent the most important biological systems for producing biomass and high-value products. It is estimated that microalgae can fix about 90 billion tons of carbon dioxide per year, which accoun.....»»
Why do identical informal businesses set up side by side? It"s a survival tactic: Kenya study
The population on the African continent will have nearly doubled by 2050, according to UN projections. About 800 million more young Africans will enter the job market by then. Combine this forecast with the high youth unemployment rate in many Africa.....»»
EV maker Lucid signs deal to raise $1 billion from Saudi"s PIF affiliate
The Saudi PIF has a 60 percent stake in the EV maker and will be able to convert the preferred stock into about 280 million shares......»»
Small changes can yield big savings in agricultural water use, study reveals
While Hollywood and Silicon Valley love the limelight, California is an agricultural powerhouse, too. Agricultural products sold in the Golden State totaled $59 billion in 2022. But rising temperatures, declining precipitation and decades of over pum.....»»
Nissan eyes next-gen EVs, hybrids, 1 million more sales in aggressive new 3-year plan
Nissan said it will launch seven “all-new” models in the U.S. and Canada over the next three years, as part of the push. And the company pledged to refresh 78 percent of its U.S. lineup in that time......»»
Why teens should treasure their friendships
Adolescents with strong friendships experience fewer anxiety and depression symptoms, Ph.D. student Iris Koele discovered in her research on high school students' social relationships. "As a psychologist, I include friends in the treatment plan: who.....»»