PayPal is riding the e-commerce boom to record earnings
For the three-month period ending March 31, 2021, PayPal generated revenue of $6.03 billion, an increase of 29 percent year over year. Net income, meanwhile, reached $1.1 billion with earnings per share of $0.92......»»
Forget about the TikTok ban; now the U.S. might ban DJI
DJI is staring at an uncertain future in the U.S. after the House Committee on Energy and Commerce introduced a bill that could get its drones grounded......»»
Top 5 stories of the week: GM, Ford and Tesla earnings; lowest-cost EVs
A quick look at the week's top automotive stories.....»»
What do we lose when our old suburbs disappear?
I live on the edge of Parramatta, Australia's fastest-growing city, on the kind of old-fashioned suburban street that has 1950s fibros constructed in the post-war housing boom, double-story brick homes with Greek columns that aspirational migrants bu.....»»
Amazon drops Apple"s M3 MacBook Air to record low $989
Apple's recently released M3 MacBook Air has dropped to an all-time low of $989 at Amazon while supplies last.The month-end $989 promotion applies to Apple's standard 13-inch MacBook Air with the M3 chip — and every color is eligible for the $110 i.....»»
5 defining moments from Tesla"s Q1 earnings
Industry analysts expected bad news from Tesla's first-quarter earnings report after weak sales. But CEO Elon Musk provided an upbeat narrative by announcing new affordable models for next year......»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
NASA"s Deep Space Optical Communications demonstration transmits data over 140 million miles
Riding aboard NASA's Psyche spacecraft, the agency's Deep Space Optical Communications technology demonstration continues to break records. While the asteroid-bound spacecraft doesn't rely on optical communications to send data, the new technology ha.....»»
Psyche spacecraft sends data back to Earth using lasers for the first time
NASA's experimental laser communication system, riding along with the Psyche spacecraft, has transmitted Psyche data from over 140 million miles away......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Anatomy IT’s new Security Suite targets healthcare cybersecurity threats, improves incident response
Anatomy IT has announced the launch of an expanded end-to-end cybersecurity product suite designed to safeguard healthcare delivery organizations from evolving and growing IT system threats. A record 133 million individuals were affected by healthcar.....»»
Chamber of Commerce sues FTC in Texas, asks court to block ban on noncompetes
Noncompete clauses "benefit employers and workers alike," Chamber tells court. (credit: Getty Images | eccolo74) The US Chamber of Commerce and other business groups sued the Federal Trade Commission and FTC Chair Lina K.....»»
FTC bans noncompete clauses, declares vast majority unenforceable
Chamber of Commerce vows to sue FTC, will try to block ban on noncompetes. Enlarge / Federal Trade Commission Chair Lina Khan talks with guests during an event in the Eisenhower Executive Office Building on April 03, 2024 (credit.....»»
Record electron temperatures for a small-scale, sheared-flow-stabilized Z-pinch fusion device achieved
In the nine decades since humans first produced fusion reactions, only a few fusion technologies have demonstrated the ability to make a thermal fusion plasma with electron temperatures hotter than 10 million degrees Celsius, roughly the temperature.....»»
GM posts higher Q1 profit, ups 2024 financial guidance
GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»
Tesla cuts Full Self Driving cost by 1/3 ahead of earnings call
With the Model 2 cancelled, FSD is more important to Tesla than ever. Enlarge / Tesla's "Full Self Driving" system just got a third cheaper. (credit: Edie Leong for The Washington Post via Getty Images) Tesla has dropped.....»»
Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report; broad price cuts launched
CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»
Europe suffered record number of "extreme heat stress" days in 2023: Monitors
Europe endured a record number of "extreme heat stress" days in 2023, two leading climate monitors said Monday, underscoring the threat of increasingly deadly summers across the continent......»»
Tesla"s Elon Musk faces robotaxi skeptics, sales drop in Q1 earnings report
CEO Elon Musk will face tough questions after a Q1 sales decline and reports Tesla stopped work on an affordable EV in favor of a dedicated robotaxi without human controls......»»
Planet sees 10 straight months of record-breaking heat
Californians have had weekend after weekend of cool, stormy weather and the Sierra Nevada has been blessed with a healthy snowpack. But the reality is that even the last few months have been more than 2 degrees hotter than average......»»
Q&A: B.C."s 2024 wildfire season has started—here"s what to know
Last year's wildfire season marked B.C.'s most destructive on record: 2.8 million hectares burned, more than double any previous year. UBC researchers Dr. Lori Daniels and Dr. Mathieu Bourbonnais actively work on projects enhancing wildfire resilienc.....»»