Nanya posts profit hike in 1Q21
Taiwan-based DRAM maker Nanya Technology has reported net profit hiked 192.7% sequentially to NT$2.71 billion (US$95 million) in the first quarter of 2021. EPS for the quarter came to NT$0.88......»»
American Axle profit dips, sales increase in Q2
American Axle & Manufacturing Holdings Inc.'s second-quarter net income fell because of supply chain challenges and other cost inefficiencies, while revenue rose marginally. The supplier, based in Detroit, said net income fell 65 percent to $8 mil.....»»
AAPL reports Q3 2023 earnings: $81.8 billion revenue, iPhone sales dip
Amid concerns from analysts about the possibility of a major drop in revenue, Apple has officially reported its earnings for fiscal Q3 2023. AAPL reported revenue of $81.79 billion, down 1% year-over-year, and earnings-per-share of $1.26. Profit for.....»»
Russian kangaroo court fines Apple two seconds of profit over News row
A Russian court this week fined Apple about $4200 for failing to suppress Apple News content about Russia's invasion of Ukraine, equivalent to barely over two seconds of profit for the company.Moscow, RussiaApple was found guilty of violating a law ".....»»
Magna raises outlook after swinging to $339 profit in Q2 amid production surge
Demand for parts has remained strong from automakers as they strive to manufacture new models to cater to consumers looking to snap up pickups, crossovers and SUVs......»»
Amazon"s stock surges as Q2 earnings show profit and sales jump
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets......»»
Openlane posts net loss of $193 million in Q2; rebrand strategy heats up
Openlane Inc. said it recorded a wider net loss in the second quarter and continued advancing a rebrand strategy it announced in May......»»
Amazon"s stock surges as profit jumps and sales jump
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets......»»
Amazon profit jumps and sales surge
E-commerce behemoth Amazon increased its net sales 11% to $134.4 billion in the second quarter as analysts monitor consumer spending in both the cloud and retail markets......»»
Aptiv raises full-year sales forecast after swinging to $229M net profit in Q2
The auto technology supplier, which counts GM, Ford and Tesla among its customers, expects 2023 revenue to rise between $19.95 billion and $20.25 billion from its prior range of $18.7 billion to $19.3 billion......»»
Ferrari Q2 profit jumps 32%; full-year forecasts raised
The guidance upgrade was supported by better than expected results in personalizations, which are added touches that a customer requests to make the car more suited to their tastes......»»
Delivering privacy in a world of pervasive digital surveillance: Tor Project’s Executive Director speaks out
The overarching mission of the US-based non-profit organization the Tor Project is to advance human rights and make open-source, privacy preserving software available to people globally, so that they can browse the internet privately, protect themsel.....»»
Instagram trialing posts with new AI label
Meta is showing to trial a new AI Generated tag showing off which content is made by bots and which aren't. For those who are interested in AI, and especially for those who aren’t, leaks have shown that there are plans to release new tags.....»»
Uber posts first operating profit as ridership hits record
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a significant milestone as the company seeks to move beyond its cash-burning past.....»»
Toyota nearly doubles quarterly profit as sales surge, North America lags
The world's largest automaker warned that lagging performance in the important North American market is sapping the carmaker's ability to invest heavily in EV production......»»
Toyota doubles quarterly profit as sales surge, North America lags
The world's largest automaker warned that lagging performance in the important North American market is sapping the carmaker's ability to invest heavily in EV production......»»
Facebook to unmask anonymous Dutch user accused of repeated defamatory posts
Court decides the posts can stay up, but the user's identity must be revealed. Enlarge (credit: SOPA Images / Contributor | LightRocket) Starting today, Facebook users may feel a little less safe posting anonymously. The.....»»
Maserati will never enter a price war with competitors, CEO says
Maserati, which almost doubled its profit in the first half, is scrutinizing its dealers to ensure they are maintaining discipline on prices......»»
Are provocative social media posts an effective way for new businesses to engage audiences online?
Engaging an audience in the hyper-competitive world of online social media content is a big challenge for any new business venture. One strategy, adopted by established "superstar entrepreneurs" such as Elon Musk, is to post provocative comments on T.....»»
iPhone 15 price hikes, Vision Pro third-party apps, iOS 17 beta 4 changes
Benjamin and Chance discuss all the changes in iOS 17 beta 4, plus Apple starts handing out dev kits for Apple Vision Pro … but will developers make apps for a brand new niche platform? There are also rumors of an iPhone 15 Pro price hike, and App.....»»
GM warns new U.S. emissions rules could cost industry at least $100B billion in penalties; Biden administration disagrees
NHTSA will release its proposal to hike CAFE requirements for 2027 and beyond on Friday, Reuters reported. GM estimated the auto industry as a whole could face $100 billion to $300 billion in total penalties from 2027 to 2031......»»