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Mobileye Q3 losses narrow, forecast improves

The Israel-based company, whose customers include VW and Porsche, expects operating loss for the year to be between $62 million and $79 million, versus its prior loss view of $98 million to $129 million......»»

Category: topSource:  autonewsOct 26th, 2023

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

Boeing’s Starliner has cost at least twice as much as SpaceX’s Crew Dragon

"Risk remains that we may record additional losses in future periods." Enlarge / A Starliner spacecraft departs Boeing's spacecraft processing facility before the program's first orbital test flight in 2019. Boeing anno.....»»

Category: topSource:  arstechnicaRelated NewsAug 1st, 2024

Microsoft strips ads from Skype in a move toward “user-centric design”

Update also improves AI image features, adds OneAuth support on iOS. Enlarge / A marketing image by Microsoft for the desktop version of Skype. (credit: Microsoft) If you've used Microsoft's Skype in recent years, you've.....»»

Category: topSource:  arstechnicaRelated NewsJul 31st, 2024

Stellantis says it will keep Maserati despite the brand"s heavy losses

Stellantis said it has an 'unwavering commitment' to Maserati despite a warning from the group's CEO Carlos Tavares that if the company's brands "don't make money, we'll shut them down.".....»»

Category: topSource:  autonewsRelated NewsJul 31st, 2024

AMD raises forecast for AI chip revenue and sees supplies remaining tight

AMD raises forecast for AI chip revenue and sees supplies remaining tight.....»»

Category: topSource:  theglobeandmailRelated NewsJul 31st, 2024

Some good may come out of the CrowdStrike outage

Estimated financial losses due to the recent massive IT outage triggered by the faulty CrowdStrike update are counted in billions, but the unfortunate incident is having several positive effects, as well. Some silver linings As CrowdStrike was forced.....»»

Category: securitySource:  netsecurityRelated NewsJul 29th, 2024

Dark matter seen through forest: Study examines matter distribution and supports unknown influence or new particle

The dense peaks in the wavelength distribution graph observed in a Lyman-Alpha forest indeed resemble many small trees. Each of those peaks represents a sudden drop in "light" at a specific and narrow wavelength, effectively mapping the matter that l.....»»

Category: topSource:  physorgRelated NewsJul 29th, 2024

Some dealer customers want higher CDK cyberattacks compensation

CDK said dealers it has spoken with have been ‘grateful and appreciative' of compensation offer. But some affected dealers said it doesn't cover their losses......»»

Category: topSource:  autonewsRelated NewsJul 26th, 2024

3D models show dolphins already used narrow-band sound waves for orientation 5 million years ago

Senckenberg researcher Dr. Rachel Racicot and her former student Joyce Sanks from Vanderbilt University have examined the inner ear of the extinct dolphin genus Parapontoporia. In their study, published in the journal The Anatomical Record, they show.....»»

Category: topSource:  informationweekRelated NewsJul 26th, 2024

Early CDK Global DMS return helped ease Group 1"s Q2 losses

The auto retailer estimates it lost $17 million in pretax income in the second-quarter due to the CDK outage......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit

Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in it’s quarterly operating profit, forcing him to cut the company’s full-year earnings forecast......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

iOS 18: How to take advantage of Game Mode on iPhone and what it does

iOS 18 takes gaming further with a dedicated Game Mode for iPhone and iPad. The new feature redirects system resources to maintain high frame rates, improves Bluetooth controller responsiveness and audio with AirPods, and more. Here’s how to use Ga.....»»

Category: topSource:  marketingvoxRelated NewsJul 23rd, 2024

Model mixes AI and physics to do global forecasts

Google/academic project is great with weather, has some limits for climate. Enlarge / Image of some of the atmospheric circulation seen during NeuralGCM runs. (credit: Google) Right now, the world's best weather forecast.....»»

Category: topSource:  arstechnicaRelated NewsJul 22nd, 2024

New dawn for space storm alerts could help shield Earth"s tech

Space storms could soon be forecast with greater accuracy than ever before thanks to a big leap forward in our understanding of exactly when a violent solar eruption may hit Earth......»»

Category: topSource:  physorgRelated NewsJul 19th, 2024

Gold co-catalyst improves photocatalytic degradation of micropollutants, finds study

To remove micropollutants such as pesticides and trace chemicals from the environment, you need something equally small and cunning. One potential method is photocatalysis, which uses semiconducting nanomaterials powered by sunlight to adsorb toxic c.....»»

Category: topSource:  physorgRelated NewsJul 19th, 2024

Apple Vision Pro’s content drought improves with new 3D videos

It's still not the weekly cadence we expected, but it's something. Boundless premieres tonight, taking Vision Pro users on a hot air balloon ride in Turkey......»»

Category: topSource:  arstechnicaRelated NewsJul 19th, 2024

Rear automatic braking improves safety, IIHS says in new crash test

Seven out of eight crossovers with rear automatic braking performed well in a recent rear crash prevention test from the Insurance Institute of Highway Safety......»»

Category: topSource:  autonewsRelated NewsJul 18th, 2024

Ally Q2 net income slips 11%; auto income down 19%

Ally Financial's net income fell 11 percent in the second quarter as the bank set aside more money in case of losses, experienced higher expenses and drew less net revenue from financing......»»

Category: topSource:  autonewsRelated NewsJul 17th, 2024

AI-powered hiring process perceived as more fair when blind to race or gender

Job applicants can be suspicious of the hiring process if a company uses artificial intelligence to pre-screen candidates and facilitate hiring decisions, a Northeastern University expert says, but their perception improves when they learn that an al.....»»

Category: topSource:  physorgRelated NewsJul 17th, 2024

How medical schools can be more accountable to society through community connections

The need for relevant and responsive health-care that improves people's health outcomes means that medical schools need to be accountable for what and how they teach. Medical schools are responsible for training health practitioners who can help impr.....»»

Category: topSource:  physorgRelated NewsJul 14th, 2024