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New IRS e-filing rule for cash transactions in effect for dealers

Dealerships that file 10 or more of certain tax forms — such as W-2s and 1099s — had to do so electronically for the 2023 tax year. They also had to go digital with Form 8300, which retailers use to report large cash purchases......»»

Category: topSource:  autonewsApr 15th, 2024

Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues

Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share......»»

Category: topSource:  autonewsRelated NewsMay 6th, 2024

Rivian to report Q1 earnings as EV maker cuts costs, prepares new models

While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year......»»

Category: topSource:  autonewsRelated NewsMay 6th, 2024

GM-backed self-driving firm Momenta filing for U.S. stock offering, report says

Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing that may happen as early as this year, Bloomberg reported. The IPO could raise $200 million to $300 million......»»

Category: topSource:  autonewsRelated NewsMay 6th, 2024

Blowout deal: grab Apple"s M2 Pro MacBook Pro for $1,599 today only

A flash price drop on Apple's 14-inch MacBook Pro with an M2 Pro chip is in effect today only, driving the price down to $1,599 during B&H's 24-hour Deal Zone.Save $400 on this MacBook Pro today only.B&H's latest Deal Zone consists of a blowout barga.....»»

Category: appleSource:  appleinsiderRelated NewsMay 6th, 2024

Security Bite: Here’s what malware your Mac can detect and remove

Ever wonder what malware macOS can detect and remove without help from third-party software? Apple continuously adds new malware detection rules to Mac’s built-in XProtect suite. While most of the rule names (signatures) are obfuscated, with a bit.....»»

Category: topSource:  informationweekRelated NewsMay 6th, 2024

Blowout deal: grab Apple"s M2 Pro MacBook Pro for $1,649 today only

A flash price drop on Apple's 14-inch MacBook Pro with an M2 Pro chip is in effect today only, driving the price down to $1,649 during B&H's 24-hour Deal Zone.Save $350 on this MacBook Pro today only.B&H's latest Deal Zone consists of a blowout barga.....»»

Category: appleSource:  appleinsiderRelated NewsMay 6th, 2024

You Asked: The Moire effect strikes, open-box TV tips, and where’d the curves go?

This week on You Asked: What is Moire effect, and can you do anything about it? When is it safe to buy an open-box TV? Are there any curved TVs you can buy?.....»»

Category: topSource:  digitaltrendsRelated NewsMay 5th, 2024

You Asked: The Moire effect strikes, open-box TV smarts, and where’d the curves go?

This week on You Asked: What is Moire effect, and can you do anything about it? When is it safe to buy an open-box TV? Are there any curved TVs you can buy?.....»»

Category: topSource:  digitaltrendsRelated NewsMay 5th, 2024

Zeekr aims to raise up to $368 million in U.S. IPO

Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»

Category: topSource:  autonewsRelated NewsMay 4th, 2024

Carvana set to dig back into used-car market after latest quarter, analysts say

Analysts bullish on Carvana said its Q1 results are a sign it has recovered from a two-year period of losses and cash burn that forced new focus on profitability......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Lucid to report Q1 earnings amid cash burn, waning EV growth

The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Final U.S. rules extend timetable for critical mineral sourcing in EV tax credit eligibility

The rule expands the timetable for graphite sourcing until 2027, a critical mineral used in battery production that is overwhelmingly produced in China......»»

Category: topSource:  autonewsRelated NewsMay 3rd, 2024

Feds" new emergency braking rule to test auto industry

A federal rule finalized Monday that requires automatic emergency braking systems in all passenger vehicles and light trucks by 2029 could improve vehicle safety but test the technology's speed and night vision capabilities......»»

Category: topSource:  autonewsRelated NewsMay 2nd, 2024

Will New Zealand"s school phone ban work? Let"s see what it does for students" curiosity

With the coalition government's ban of student mobile phones in New Zealand schools coming into effect this week, reaction has ranged from the skeptical (kids will just get sneakier) to the optimistic (most kids seem okay with it)......»»

Category: topSource:  informationweekRelated NewsMay 1st, 2024

Scientists show that there is indeed an "entropy" of quantum entanglement

Bartosz Regula from the RIKEN Center for Quantum Computing and Ludovico Lami from the University of Amsterdam have shown, through probabilistic calculations, that there is indeed, as had been hypothesized, a rule of entropy for the phenomenon of quan.....»»

Category: topSource:  physorgRelated NewsMay 1st, 2024

Polestar delays SEC filing, says it needs to review "certain errors" in previous financial statements

Polestar said it believes the historical errors are expected to "positively impact net loss by less than five percent for 2021, and negatively impact net loss by less than five percent.".....»»

Category: topSource:  autonewsRelated NewsMay 1st, 2024

Behavioral therapy against aging: Researchers study the effect of therapies on older dogs

It is well known that getting plenty of exercise and mental training are important for a long and healthy life. But which is more effective? Do the tasks develop abilities that go beyond them?.....»»

Category: topSource:  theglobeandmailRelated NewsApr 30th, 2024

U.S. imposes emergency-braking rule in 2029 for cars to cut roadway deaths, injuries

U.S. authorities have issued a new mandate that will require carmakers to install automatic emergency braking systems on new vehicles beginning in 2029. Regulators expect the rule to save 360 lives a year......»»

Category: topSource:  autonewsRelated NewsApr 30th, 2024

Pump-probe high-harmonic spectroscopy could catch geometric phase effect around conical intersection in molecule: Study

A collaborative research team from Nanjing University of Science and Technology (NJUST) and East China Normal University (ECNU) has theoretically proposed that a pump-probe high-harmonic spectroscopy (HHS) driven by VUV-IR pulses can catch the geomet.....»»

Category: topSource:  physorgRelated NewsApr 29th, 2024

UK enacts IoT cybersecurity law

The Product Security and Telecommunications Infrastructure (PSTI) Act has come into effect today, requiring manufacturers of consumer-grade IoT products sold in the UK to stop using guessable default passwords and have a vulnerability disclosure poli.....»»

Category: securitySource:  netsecurityRelated NewsApr 29th, 2024