POS vendor Flytech to log revenue gains in 2H21
Taiwan-based Flytech Technology, dedicated to supplying point-of-service (POS) solutions, expects to its revenues to grow sequentially in the third quarter as component shortages are improving and market demand remains strong......»»
Lawmakers ask FTC to investigate the sale of driver data, alleging ‘flagrant abuse" of privacy
Automakers, which have made lofty revenue projections about the riches to be found in the sale of connected vehicle data, have largely sought to ignore the fact that consumers do not want their data to be sold......»»
AutoNation net income, revenue harmed by CDK cyberattacks
AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks.....»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»
AMD raises forecast for AI chip revenue and sees supplies remaining tight
AMD raises forecast for AI chip revenue and sees supplies remaining tight.....»»
AI search engine accused of plagiarism announces publisher revenue-sharing plan
Perplexity says WordPress.com, TIME, Der Spiegel, and Fortune have already signed up. Enlarge (credit: Moor Studio via Getty Images) On Tuesday, AI-powered search engine Perplexity unveiled a new revenue-sharing program.....»»
Environmental, social initiatives lead to greater returns for hospitality firms in high-income nations
Global sustainability initiatives like the environmental, social and governance (ESG) investing principle may lead to greater financial gains for hospitality firms in high-income countries but not in low-income nations, according to new findings from.....»»
A novel method implementing investment decision-making of prospect theory utility toward stock markets
Prospect theory, proposed by Kahneman and Tversky in 1979, has been acknowledged as an excellent decision-making theory for the bounded rationality of investors tending to show cognitive bias under conditions of uncertainty. In terms of gains and los.....»»
Lamborghini"s revenue rises 14% as switch to hybrid models nears completion
First-half deliveries increased 4 percent, putting Lamborghini on course to beat last year's record......»»
Gentex Q2 net income falls 21% on lower vehicle production
The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
North Korean hacker got hired by US security vendor, immediately loaded malware
KnowBe4, which provides security awareness training, was fooled by stolen ID. Enlarge / On the left, a stock photo. On the right, an AI-enhanced image based on the stock photo. The AI-enhanced image was submitted to KnowBe4 by a.....»»
AI accelerates code development faster than security teams can keep up
91% of respondents say their security budget is increasing this year, demonstrating a growing recognition of the importance of cybersecurity within organizations, according to Seemplicity. Vendor environments introduce complexity and fragmentation Se.....»»
4 takeaways from the latest U.S. EV registration data, including Tesla"s tumble
Tesla's registrations fell for a fourth consecutive month, but its rivals managed double-digit gains in May to keep the EV segment growing at 9.6 percent overall......»»
Tesla"s Q2 net income falls 45% to $1.5 billion, but revenue comes in slightly higher
Tesla reported revenue of $25.5 billion in the second quarter, compared with $24.9 billion a year earlier. Wall Street analysts on average had estimated revenue at $24.8 billion......»»
GM ups guidance after posting 14% higher profit, record Q2 revenue
GM said it set records for global revenue, North American profit and North American revenue in the second quarter, by strong sales of pickups and SUVs......»»
Slack for iOS gains these new Lock and Home Screen widgets
Slack is out with an upgrade for iPhone with four new widgets. Three you can use on your Home Screen and one is made for quick access from your Lock Screen. more….....»»
Plan to capture Minnesota elk, establish new herd gains momentum
An idea first floated a dozen years ago to capture wild elk and move them to an area in northeastern Minnesota is two years away from reality—a progression firmed up by the recent hirings of two full-time elk specialists......»»
The Sisterhood gains power in new Dune: Prophecy teaser trailer
Sacrifices must be made in the new teaser trailer for Dune: Prophecy, the prequel series set 10,000 years before the events of Dune......»»
Fleet customers" data could generate revenue if automakers can learn to share
Offerings meant to sweeten the deal for telematics illustrate just how badly automakers want fleet customers to use their data-generating and tracking features......»»
Ally Q2 net income slips 11%; auto income down 19%
Ally Financial's net income fell 11 percent in the second quarter as the bank set aside more money in case of losses, experienced higher expenses and drew less net revenue from financing......»»