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......»»
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.....»»
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......»»
VW Group profit falls on restructuring charges, lower deliveries
At VW's so-called core group, which consists of the VW, Skoda and Seat brands, profitability dropped to 5 percent......»»
Hybrids, currency windfalls help Toyota extend record profit momentum
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»
Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting
The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months......»»
Google posts Android ad about RCS coming to iPhone [Video]
With the launch of iOS 18 this fall, the iPhone will support RCS for meaningfully improved messaging experience with Android users, and Google today released an ad to highlight that. more….....»»
Goodyear hires former Stellantis executives Mamatha Chamarthi, Will Roland
Goodyear CEO Mark Stewart, formerly Stellantis COO for North America, is bringing two former colleagues to senior executive posts at Goodyear. .....»»
Sports partnerships with not-for-profits show lackluster results, study finds
Partnerships between professional sports teams and not-for-profit organizations (NPOs) are often weakened by power imbalances, informality and a lack of strategic intent, according to new research led by RMIT University......»»
Security Bite: X quietly adds option to keep its third-rate AI product Grok from scraping your posts and interactions
Heads up! Elon Musk’s social platform X (formerly Twitter) has quietly added an opt-out toggle to keep its AI chatbot Grok from data scraping your posts, as well as any interactions you have with it. The setting to allow data for training is enable.....»»
X quietly adds option to keep its third-rate AI product Grok from scraping your posts and interactions
Heads up! Without notice, Elon Musk’s social platform X (formerly Twitter) has quietly added an opt-out toggle to keep its AI chatbot Grok from scraping your posts, as well as any interactions you have with it. The setting to allow data for trainin.....»»
X reveals security incident that made your ‘private’ likes public
X, Elon Musk’s social network formerly known as Twitter, recently implemented a change that made likes private, so that only the account owner can see the posts they have liked. However, a recent security incident allowed others to still see these.....»»
4 takeaways from Tesla"s Q2 earnings as profit plunges
Automotive gross margin, a key indicator of profitability, fell to just under 15 percent in the second quarter, its lowest level in five years. Tesla's operating margin fell to 6.3 percent from 9.6 percent a year earlier......»»
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......»»
Threads app now lets users create dedicated feeds based on search results
Threads introduced real-time search results earlier this year, allowing users to find posts in the order in which they were posted. Now the platform is taking this experience to the next level by letting users create dedicated feeds based on search r.....»»
Weibo posts illuminate public response to China"s three-child policy measures
An analysis of comments on Chinese social media platform Sina Weibo reveals trends in the public response to measures implemented to support China's three-child policy, highlighting concerns about women's rights and employment. Lijuan Peng of Zhejian.....»»
Alexa had “no profit timeline,” cost Amazon $25 billion in 4 years
WSJ report highlights vague metrics, internal struggles of Amazon Devices. Enlarge (credit: Getty) The Amazon business unit that focuses on Alexa-powered gadgets lost $25 billion between 2017 and 2021, The Wall Street Jo.....»»
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.....»»
Mitsubishi pivots to North America as new profit engine as earnings dip
TOKYO — Mitsubishi, one of the smallest mass-market brands in the U.S., is getting bullish about North America with plans to enhance the local lineup with vehicle updates annually through 2030. The Japanese carmaker will introduce these new or u.....»»
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......»»
Deeper down the rabbit hole: How technology conspiracy beliefs emerge and foster a conspiracy mindset
As technology proliferates, misinformation and conspiracy theories seem to flourish. Conspiracy beliefs specifically about technology include popular commercial technologies, such as Amazon Echo and Google Search, as well as non-profit technologies d.....»»