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Nio secures $1.9 billion injection from parent, shareholders

A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»

Category: topSource:  autonewsSep 30th, 2024

One in five AirTags to be made in Indonesia to resolve iPhone 16 sales ban

AirTags will be made in Indonesia for the first time, and production will ramp up to 20% of global production over time, according to a new report. The plan is Apple’s way to meet a government requirement for a billion dollar investment in the e.....»»

Category: topSource:  theglobeandmailRelated News14 hr. 35 min. ago

Cryptocurrency hackers stole $2.2 billion from platforms in 2024

$2.2 billion worth of cryptocurrency was stolen from various platforms in 2024, Chainalysis’ 2025 Crypto Crime Report has revealed. Of that sum, $1.34 billion was stolen by North Korea-affiliated hackers, across 47 hacking incidents (out of 303.....»»

Category: securitySource:  netsecurityRelated News14 hr. 35 min. ago

Apple"s Indonesia iPhone 16 ban drama will probably end with $1 billion investment

Indonesia's president has agreed to a $1 billion deal with Apple that if approved, will build two factories that will ultimately produce 20% of the world's AirTag supply.iPhone 16 & iPhone 16 Plus — still banned in IndonesiaSources familiar with th.....»»

Category: appleSource:  appleinsiderRelated News14 hr. 36 min. ago

Miniaturized all-fiber photoacoustic spectrometer for intravascular gas detection rivals lab-based systems

Miniaturized spectroscopy systems that can detect trace concentrations at the parts-per-billion (ppb) level are of the utmost importance in applications ranging from environmental monitoring and industrial process control to biomedical diagnostics. H.....»»

Category: topSource:  informationweekRelated NewsDec 18th, 2024

Distant blazar discovery supports rapid black hole formation in the early universe

Astronomers have discovered an important piece of the puzzle of how supermassive black holes were able to grow so quickly in the early universe: a special kind of active galactic nucleus so distant that its light has taken more than 12.9 billion year.....»»

Category: topSource:  informationweekRelated NewsDec 18th, 2024

BeyondTrust fixes critical vulnerability in remote access, support solutions (CVE-2024-12356)

BeyondTrust has fixed an unauthenticated command injection vulnerability (CVE-2024-12356) in its Privileged Remote Access (PRA) and Remote Support (RS) products that may allow remote code execution, and is urging organizations with on-premise install.....»»

Category: securitySource:  netsecurityRelated NewsDec 18th, 2024

TikTok ban: Supreme Court asked for emergency injunction; Trump meeting

The TikTok ban is once again in doubt, despite an appeals court rejecting the company’s argument that it was protected by the First Amendment. Parent company ByteDance has applied to the US Supreme Court for an emergency injunction against the l.....»»

Category: topSource:  theglobeandmailRelated NewsDec 17th, 2024

EVgo set to build 7,500 new public fast-charging stalls across the U.S.

The Department of Energy finalized a $1.25 billion loan to EVgo, the U.S. operator of EV charge points, for the construction of 7,500 new fast-charging stalls......»»

Category: topSource:  digitaltrendsRelated NewsDec 16th, 2024

Space Florida to discuss secretive $1.8 billion Cape Canaveral launch site project

Could Elon Musk and SpaceX be set to drop $1.8 billion for new launch support facilities in Cape Canaveral?.....»»

Category: topSource:  physorgRelated NewsDec 16th, 2024

The Great Ripple: How a tsunami can disrupt global trade

Port disruptions are costly—very costly. While the 2011 Tohoku tsunami caused about $12 billion in damages to port facilities and vessels, the ensuing port disruptions resulted in a loss in seaborne trade that cost approximately $3.4 billion per da.....»»

Category: topSource:  physorgRelated NewsDec 13th, 2024

The science of shopping: Neuroeconomist explains what happens in the brain when we buy

'Tis the season for spending for many. An estimated 197 million people shopped from Black Friday to Cyber Monday, according to the National Retailer Federation. On Black Friday alone, consumers spent a record $33.6 billion......»»

Category: topSource:  physorgRelated NewsDec 13th, 2024

One of world"s largest glacier floods triggered in Greenland

For the first time, scientists have observed the release of a massive glacial lake outburst in East Greenland, where more than 3,000 billion liters of meltwater were unleashed in just weeks. This rare, natural flooding event, witnessed by University.....»»

Category: topSource:  informationweekRelated NewsDec 12th, 2024

Polluting shipwrecks are the ticking time-bomb at the bottom of our oceans

At the bottom of the oceans and seas lie more than 8,500 shipwrecks from two world wars. These wrecks have been estimated to contain as much as 6 billion gallons of oil, as well as munitions, toxic heavy metals and even chemical weapons......»»

Category: topSource:  marketingvoxRelated NewsDec 12th, 2024

Seeing no road to profit, GM shutters Cruise

GM decides to cut its losses, will focus on partial automation for passenger cars. After spending more than $10 billion to try to develop an autonomous robotaxi, General Motors is.....»»

Category: topSource:  arstechnicaRelated NewsDec 11th, 2024

Tim Cook says Apple has invested over $18 billion in the UK since 2019

As he visits Apple Stores in London, Tim Cook says the company is continuing to expand on its more than $18 billion investment in the country, and how it has doubled its engineering teams there.Tim Cook (left) has a pint with "Slow Horses" star Jack.....»»

Category: appleSource:  appleinsiderRelated NewsDec 11th, 2024

Micron’s $6B CHIPS funding should have more strings attached, critics say

Micron's NY fabs are the only CHIPS projects undergoing full environmental review. Micron Technology will receive more than $6.1 billion after the US Department of Commerce finali.....»»

Category: topSource:  arstechnicaRelated NewsDec 10th, 2024

Microsoft: “Hack” this LLM-powered service and get paid

Microsoft, in collaboration with the Institute of Science and Technology Australia and ETH Zurich, has announced the LLMail-Inject Challenge, a competition to test and improve defenses against prompt injection attacks. The setup and the challenge LLM.....»»

Category: securitySource:  netsecurityRelated NewsDec 9th, 2024

Businesses plagued by constant stream of malicious emails

36.9% of all emails received by businesses (20.5 billion) in 2024 were unwanted, according to Hornetsecurity’s analysis of 55.6+ billion emails processed through their security services between November 1, 2023 and October 31, 2024 – and.....»»

Category: securitySource:  netsecurityRelated NewsDec 9th, 2024

The moon"s biggest and most ancient crater is more circular than previously thought

The South Pole-Aitken basin is the moon's oldest and largest visible crater—a massive geological wound 4 billion years old that preserves secrets about the moon's early history, much like a lunar time capsule......»»

Category: topSource:  physorgRelated NewsDec 6th, 2024

Now Indonesia says Apple will build it a $1 billion plant to end the iPhone 16 ban

An Indonesian minister reports that Apple will now build a manufacturing plant in the country to make iPhone components, and presumably thereby get the iPhone 16 ban lifted.Jakarta - Image credit: Tom Fisk/PexelsPreviously on Indonesia vs Apple... Ap.....»»

Category: appleSource:  appleinsiderRelated NewsDec 6th, 2024