Nikola"s Q4 losses widen to $222 million
Loss-making U.S. startups such as Nikola and Lordstown Motors have been battling costs associated with ramping up production as they seek to grab a share in the commercial vehicles market......»»
How cyber compliance helps minimize the risk of ransomware infections
Over the past decade, ransomware has been cemented as one of the top cybersecurity threats. In 2023 alone, the FBI received 2,385 ransomware complaints, resulting in over $34 million in losses. To help businesses combat ransomware and other threats,.....»»
Discover how online fraud can impact your business
Recent reports underscore increased fraud losses driven by both old methods and new technologies. As fraudsters exploit advancements in AI and other sophisticated tools, their methods have become more difficult to combat. From AI-driven scams and sop.....»»
Auto supplier goes bankrupt after $30M verdict in defective parts lawsuit
Southfield, Mich.-based automotive supplier Wrena LLC filed for bankruptcy Monday with the intention of selling the business after being ordered to pay $30 million in a lawsuit over defective parts. The company petitioned for voluntary Chapter 11.....»»
Prepare to be entertained by latest action-packed Gladiator II trailer
"You have something in you. Rage. Never let it go." Are you not entertainment? We've got a shiny new trailer for Gladiator II. When the first trailer for Gladiator II dropped in early July, it racked up more than 180 million views i.....»»
11 million devices infected with botnet malware hosted in Google Play
Necro infiltrated Google Play in 2019. It recently returned. Enlarge (credit: Getty Images) Five years ago, researchers made a grim discovery—a legitimate Android app in the Google Play market that was surreptitiously.....»»
Dealerships can start filing claims in CDK antitrust settlement
An Illinois federal judge has granted preliminary approval for CDK's agreement to pay $100 million to resolve a class-action antitrust lawsuit......»»
Motel 6 sold to Indian hotel operator for $525 million
Motel 6 sold to Indian hotel operator for $525 million.....»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Auto supplier plans to invest $78.8M at former Stellantis plant in Detroit
Laepple Automotive plans to invest $78.8 million into the former Stellantis Mount Elliott Tool and Die site on Detroit' east side......»»
Stellantis chair Elkann targeted in $84 million seizure over alleged tax fraud
An Italian judge has seized assets worth around $84 million from five people including Stellantis and Ferrari Chair John Elkann......»»
Deforestation in the Amazon is driven more by domestic demand than by the export market, finds study
Brazilian Legal Amazonia (BLA)—which comprises the entirety of the Amazon Basin located in Brazil and vast adjacent swathes of the Cerrado, spanning nine states—is more than 5 million square kilometers (km2) in area and corresponds to almost 60%.....»»
Hubble lights the way with new multiwavelength view of galaxy NGC 1559
The magnificent galaxy featured in this NASA/ESA Hubble Space Telescope image is NGC 1559. It is a barred spiral galaxy located in the constellation Reticulum, approximately 35 million light-years from Earth. The brilliant light captured in the curre.....»»
Astronomers just detected the biggest black hole jets ever seen—and named them Porphyrion
The largest known black hole jets, 23 million light years across, have been discovered in the distant universe. This pair of particle beams launched by a supermassive black hole is over a hundred times larger than our galaxy, the Milky Way......»»
This $75 million blockbuster was reportedly shot on an iPhone
The upcoming Danny Boyle blockbuster 28 Years Later was reportedly shot using an iPhone 15 Pro Max......»»
VinFast Q2 loss widens on impairment charge, higher overseas outlays
Revenue jumped 33 percent quarter-on-quarter to $357 million but the deeper loss underscores the risks of VinFast's aggressive expansion strategy ......»»
Opnova emerges from stealth with $3.75 million in funding
Opnova announced its official launch, introducing an agentic AI platform designed to close the automation gap in complex operational workflows. Backed by $3.75 million in pre-seed funding co-led by Faber, ScaleX, and Preface Ventures, Opnova is set t.....»»
Man assumes he won $5 from Michigan Lottery -- he really won $4.57 million
Man assumes he won $5 from Michigan Lottery -- he really won $4.57 million.....»»
COVID-19 job losses impacted early withdrawal from retirement accounts: Study
Having a robust emergency savings fund could help people weather financial shocks, such as job loss during the COVID-19 pandemic, finds a new study from the Brown School at Washington University in St. Louis......»»
Picus Security raises $45 million to help organizations reduce cyber risk
Picus Security announced it has closed a $45 million growth investment round led by Riverwood Capital with the participation of existing investor Earlybird Digital East Fund, bringing Picus’ total funds raised to $80 million. Picus has over 500 ent.....»»
Edera raises $5 million to improve Kubernetes security
Edera announced it has raised $5 million in a seed round led by 645 Ventures and Eniac Ventures with participation from FPV Ventures, Generationship, Precursor Ventures and Rosecliff Ventures. Angel investors include Joe Beda, Filippo Valsorda, Mandy.....»»