Porsche"s finance chief says advantages of IPO have been laid out
Lutz Meschke has been arguing for a listing of Porsche since 2018 and has previously commented on how Ferrari benefited from being spun off by Fiat Chrysler......»»
Outdoing the dinosaurs: What we can do if we spot a threatening asteroid
Someday, an NEO will pose a threat to us. Thankfully, we have options. Enlarge / We'd like to avoid this. (credit: Science Photo Library/Andrzej Wojcicki/Getty Images) In 2005, the United States Congress laid out a clear.....»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
Head of Apple TV+ marketing Ricky Strauss is leaving
After a relatively brief stint, Apple TV+ marketing chief Ricky Strauss is heading elsewhere.Apple TV+ logoStrauss was hired in early January of 2023. He led consumer marketing for Apple TV+, including both original series and films. He reported to T.....»»
The complexities of third-party risk management
In this Help Net Security video, Brad Hibbert, Chief Strategy Officer and Chief Operating Officer for Prevalent, discusses five interesting findings from a recent industry study on third-party risk management and what he thinks they mean for cybersec.....»»
Tesla Fires Bulk of Supercharger Team in Blow to Other Automakers
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by Chief Executive Officer Elon Musk. Tesla Inc. eliminated almost its entire Supercharger organization, which has built a vas.....»»
Hyundai-backed self-driving startup Motional delays plans, cuts employees
Motional, the joint venture between Hyundai and Aptiv, said Tuesday it would delay its driverless commercialization plans and it had laid off employees......»»
The strategic advantages of targeted threat intelligence
In this Help Net Security video, Gabi Reish, Chief Business Development and Product Officer at Cybersixgill, discusses the role of threat intelligence in every enterprise’s security stack. Threat intelligence plays a significant role in proacti.....»»
New Microsoft AI model may challenge GPT-4 and Google Gemini
In project headed by former Inflection chief, MAI-1 may have 500B parameters. Enlarge / Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., during a town hall on day two of the World Economic Forum.....»»
Luminar lays off 20% of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an 'asset light' model that includes outsourcing industrialization......»»
Luminar lays off 20 percent of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an "asset light" model that includes outsourcing industrialization......»»
2024 Acura ZDX born from ‘good collaboration" with General Motors, chief engineer says
Acura worked closely with General Motors to ensure that the co-developed ZDX midsize crossover hit the import brand's performance goals......»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»
Honor unveils its latest luxury smartphone with Porsche Design
Honor and Porsche Design have unveiled their latest collaboration in the form of the Porsche Design Honor Magic 6 RSR. The post Honor unveils its latest luxury smartphone with Porsche Design appeared first on Phandroid. Honor makes some pr.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Tim Cook: Apple has advantages that will set its generative AI apart from the competition
Following on from the announcement of Apple’s second quarter fiscal 2024 results, Apple CEO Tim Cook joined the company’s chief financial officer Luca Maestri on a call with investors. During this call, Cook again teased Apple’s upcoming genera.....»»
Tim Cook teases AI ambitions & Apple"s developmental advantages
During the earnings call, CEO Tim Cook dodged as many questions as he answered about Apple's AI plans, but did share some insights into the company's philosophies about the approach.Apple's Tim Cook teases AI ambitions in latest earnings callWhile Ap.....»»
Porsche study concludes aluminum could reduce Taycan weight, increase manufacturing simplicity
The study by Alumobility found switching the electric Taycan's top hat structure to all-aluminum could cut down on weight by about 40 percent......»»
AI hardware is like trying to invent the iPod after the iPhone
For some reason which utterly eludes me, 2024 seems to be the year of AI hardware. We’ve had the Humane AI Pin, the Rabbit R1, and even former Apple design chief Jony Ive reportedly seeking a billion-dollar bet for his own attempt. Reviews of Hu.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»