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Outage from CDK cyberattacks could cost dealers $1 billion, study says

Anderson Economic Group said affected dealers could be out about $600 million after two weeks and could lose roughly $1 billion if the dealer management system shutdown lasts until the July 4 holiday weekend. Its calculations include estimated losses.....»»

Category: topSource:  autonewsJun 28th, 2024

EVs are giving new owners more headaches, and Tesla is a big reason why: J.D. Power study

EVs are giving new owners more headaches, and Tesla is a big reason why: J.D. Power study.....»»

Category: topSource:  pcmagRelated News14 hr. 14 min. ago

CDK"s DMS reboot makes progress, but will customers forgive?

The dealership management system provider is continuing a phased effort to bring customers back online after two cyberattacks led to a shutdown June 19......»»

Category: topSource:  autonewsRelated NewsJun 29th, 2024

CDK outage: Michigan Honda dealership adjusting ahead of June sales end

Germain Honda of Ann Arbor is tracking to meet its June sales goal, but the CDK outage may slow financial statement turnaround, General Manager Jim Farkas said......»»

Category: topSource:  autonewsRelated NewsJun 28th, 2024

Rivian outlines path to profitability with $5 billion investment from Volkswagen Group

Rivian will use its cash and Volkswagen money to build new Rivian models, executives said at an investor day event. The EV startup will share part of its new platform with VW brands......»»

Category: topSource:  autonewsRelated NewsJun 28th, 2024

CDK continues rebooting, but will customers forgive it?

The dealership management system provider is continuing a phased effort to bring customers back online after two cyberattacks led to a shutdown June 19......»»

Category: topSource:  autonewsRelated NewsJun 28th, 2024

CDK CEO Brian MacDonald thanks dealers for ‘resiliency" and ‘heroism"

CEO Brian MacDonald's letter on June 28 said CDK workers were "heads-down and focused" to bring dealerships back online......»»

Category: topSource:  autonewsRelated NewsJun 28th, 2024

Ariane 6 launches LIFI: Light-speed secure communications

Europe's newest rocket soon launches, taking with it many space missions each with a unique objective, destination and team at home, cheering them on. Whether launching new satellites to look back and study Earth, peer out to deep space or test impor.....»»

Category: topSource:  informationweekRelated NewsJun 28th, 2024

New study shows meaningful social interactions boost well-being, but context matters

Engaging in meaningful social interactions with peers is associated with lower loneliness and greater affective well-being, new research published in Social Psychological and Personality Science finds. Researchers followed three cohorts of university.....»»

Category: topSource:  informationweekRelated NewsJun 28th, 2024

Researchers develop technology to mass produce quantum dot lasers for optical communications

South Korean researchers have successfully developed technology to mass-produce quantum dot lasers, widely used in data centers and quantum communications. This breakthrough paves the way for reducing the production cost of semiconductor lasers to on.....»»

Category: topSource:  informationweekRelated NewsJun 28th, 2024

Updating the textbook on polarization in gallium nitride to optimize wide bandgap semiconductors

An updated model reconciles the gap between recent experiments and theory concerning polarization in wurtzite semiconductors—paving the way for the development of smaller, faster and more efficient electronic devices, according to a recent study by.....»»

Category: topSource:  informationweekRelated NewsJun 28th, 2024

How divorce is boosting gender equality in Sweden—new study

Single mothers are one of the most vulnerable groups in societies around the world. In Sweden, the number of women with these care responsibilities has nearly halved over the past two decades. What has caused this change? Are we seeing a dramatic rev.....»»

Category: topSource:  informationweekRelated NewsJun 28th, 2024

Mutations in wheat TaAPA2 gene result in pleiotropic effects on plant architecture

This study is reported by Shisheng Chen's group at the National Key Laboratory of Wheat Improvement, Peking University Institute of Advanced Agricultural Sciences. Plant architecture has significant impact on plant development and productivity, and t.....»»

Category: topSource:  informationweekRelated NewsJun 28th, 2024

Biden’s New $1.8-Billion Transportation Package Stars Climate Projects

Climate-related highway fixes and electric and hydrogen fuel-cell buses are among the projects getting federal help in a new round of funding.....»»

Category: scienceSource:  sciamRelated NewsJun 28th, 2024

Volkswagen"s $5 Billion Investment In Rivian Has Some Experts Concerned About Scout"s Planned Revival

Volkswagen"s $5 Billion Investment In Rivian Has Some Experts Concerned About Scout"s Planned Revival.....»»

Category: gadgetSource:  yahooRelated NewsJun 28th, 2024

Justice Department charges nearly 200 people in $2.7 billion health care fraud schemes crackdown

Justice Department charges nearly 200 people in $2.7 billion health care fraud schemes crackdown.....»»

Category: gadgetSource:  yahooRelated NewsJun 28th, 2024

Researchers craft smiling robot face from living human skin cells

Human cells isolated from juvenile foreskin are flexible enough to grin when moved. Enlarge / A movable robotic face covered with living human skin cells. (credit: Takeuchi et al.) In a new study, researchers from the Un.....»»

Category: topSource:  arstechnicaRelated NewsJun 28th, 2024

CDK restores DMS for Group 1, more dealerships as cyberattack costs rise

The cost of the shutdown is rising rapidly as its impact is becoming clearer and the number of lawsuits continued to grow......»»

Category: topSource:  autonewsRelated NewsJun 28th, 2024

Polestar reports growing red ink for 2023 as EV demand slows

The electric-vehicle maker had repeatedly delayed reporting results because of accounting issues. Net losses widened to $1.17 billion from $481.5 million in 2022......»»

Category: topSource:  autonewsRelated NewsJun 28th, 2024

Study: Scribes in ancient Egypt had really poor posture as they worked

There were degenerative joint changes in the spines, shoulders, knees, hips, and ankles. Enlarge / Statues depicting the high dignitary Nefer and his wife (Abusir, Egypt). (credit: Martin Frouz/Czech Institute of Egyptology/Char.....»»

Category: topSource:  arstechnicaRelated NewsJun 28th, 2024

Cyberattacks at dealer management system provider CDK Global have delayed some dealership acquisitions, buy-sell brokers say

Cyberattacks at dealer management system provider CDK Global have delayed some dealership acquisitions, buy-sell brokers say......»»

Category: topSource:  autonewsRelated NewsJun 28th, 2024