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Rental companies buy up used cars as microchip crisis gets worse

It's uncharted territory for the likes of Hertz and Enterprise, which have made their profits by purchasing new vehicles cheaply in bulk, renting them out for as much as a year and selling them at auction......»»

Category: topSource:  autonewsMay 3rd, 2021

Research: Technology is changing how companies do business

In the fast-paced world of modern business, technology plays a crucial role in shaping how companies operate. One area where this impact is particularly significant is in the organization of production chains—specifically the way goods are made and.....»»

Category: topSource:  pcmagRelated NewsMay 17th, 2024

An SEC mystery: What"s the deal with voluntary filers?

Companies tend not to clamor for more regulatory oversight, as a general rule. One remarkable exception would be the relatively small group of companies that voluntarily file with the Securities and Exchange Commission (SEC). Although not required to.....»»

Category: topSource:  pcmagRelated NewsMay 17th, 2024

Sony Music opts out of AI training for its entire catalog

Music group contacts more than 700 companies to prohibit use of content Enlarge / The Sony Music letter expressly prohibits artificial intelligence developers from using its music — which includes artists such as Beyoncé. (cr.....»»

Category: topSource:  arstechnicaRelated NewsMay 17th, 2024

Arizona woman accused of helping North Koreans get remote IT jobs at 300 companies

Alleged $6.8M conspiracy involved "laptop farm," identity theft, and résumé coaching. Enlarge (credit: Getty Images | the-lightwriter) An Arizona woman has been accused of helping generate millions of dollars for North.....»»

Category: topSource:  arstechnicaRelated NewsMay 17th, 2024

Serious iOS 17.5 Bug Reportedly Gets Worse

We’ve seen numerous complaints about iOS 17.5-related bugs and performance issues, but the bug reportedly impacting people’s photos rises above the rest. Earlier this week, we saw a report on Reddit about a bug resurfacing old photos that.....»»

Category: mobileSource:  gottabemobileRelated NewsMay 16th, 2024

Case study examines new product development in the fast fashion industry

In the world of fast fashion, new product development (NPD) is the main option for companies hoping to maintain relevance and competitiveness in an ever-changing market. NPD is a multifaceted process and covers the generation of ideas, design and imp.....»»

Category: topSource:  physorgRelated NewsMay 16th, 2024

Why have venture capitalists become so founder-friendly?

Companies backed by venture capitalists ("VCs") have a disproportionate influence on our economy; they provide funding to less than 0.25% of new businesses, but more than 47% of US companies that went public between 1995 and 2018 were venture backed......»»

Category: topSource:  physorgRelated NewsMay 16th, 2024

Indy 500 at a crossroads: Iconic racing league is on cusp of starting its hybrid era

IndyCar is finally set to introduce its hybrid system this summer. That makes the 2024 Indy 500 the last time the open-wheel cars will run at the Brickyard without hybrid power......»»

Category: topSource:  autonewsRelated NewsMay 16th, 2024

Tesla must face fraud suit for claiming its cars could fully drive themselves

Lawsuit targets 2016 claim that all Tesla cars "have full self-driving hardware." Enlarge (credit: Getty Images | SOPA Images) A federal judge ruled yesterday that Tesla must face a lawsuit alleging that it committed fra.....»»

Category: topSource:  arstechnicaRelated NewsMay 16th, 2024

Tesla must face claims it misled buyers about Autopilot and self-driving

Tesla Inc. must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a fresh setback for the electric-car maker just as Chief Executive Officer Elon Musk has staked the company’s future.....»»

Category: topSource:  autonewsRelated NewsMay 16th, 2024

Connected cars’ illegal data collection and use now on FTC’s “radar”

The regulator is warning OEMs to respect data privacy or it will get mad. Enlarge (credit: Getty Images) The Federal Trade Commission's Office of Technology has issued a warning to automakers that sell connected cars. Co.....»»

Category: topSource:  arstechnicaRelated NewsMay 15th, 2024

The inside story of Elon Musk’s mass firings of Tesla Supercharger staff

The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, charging chief Rebecca Tinucci went to meet with Musk about the network’s future.The meeting could not have gone worse......»»

Category: topSource:  autonewsRelated NewsMay 15th, 2024

Ransomware statistics that reveal alarming rate of cyber extortion

In this article, you will find excerpts from various reports that offer statistics and insights about the current ransomware landscape. Global ransomware crisis worsens NTT Security Holdings | 2024 Global Threat Intelligence Report | May 20.....»»

Category: securitySource:  netsecurityRelated NewsMay 15th, 2024

Feds probe Waymo driverless cars hitting parked cars, drifting into traffic

Auto-safety regulator is investigating 22 reports of Waymo cars malfunctioning. Enlarge / A Waymo self-driving car in downtown San Francisco on Bush and Sansome Streets as it drives and transports passengers. (credit: JasonDoiy |.....»»

Category: topSource:  arstechnicaRelated NewsMay 14th, 2024

Scientists develop an affordable sensor for lead contamination

Engineers at MIT, Nanytang Technological University, and several companies have developed a compact and inexpensive technology for detecting and measuring lead concentrations in water, potentially enabling a significant advance in tackling this persi.....»»

Category: topSource:  physorgRelated NewsMay 14th, 2024

BMW names a new CEO for Mini

BMW veteran executive Stefan Richmann succeeds Stephanie Wurst who led Mini for the past two years as it expanded its electric lineup with cars such as the Aceman small crossover......»»

Category: topSource:  autonewsRelated NewsMay 14th, 2024

Thirsty in paradise: Water crises are a growing problem across the Caribbean islands

In the popular imagination, the Caribbean is paradise, an exotic place to escape to. But behind the images of balmy beaches and lush hotel grounds lies a crisis, the likes of which its residents have never experienced......»»

Category: topSource:  physorgRelated NewsMay 14th, 2024

BMW names a new CEO for Mini brand

BMW veteran executive Stefan Richmann succeeds Stephanie Wurst who led Mini for the past two years as it expanded its electric lineup with cars such as the Aceman small crossover......»»

Category: topSource:  autonewsRelated NewsMay 14th, 2024

Loss and hope: US park rangers" climate crisis fight

American biologist Laura Brennan describes the coin-sized Karner blue butterfly as "very delicate and graceful" with a "lovely blue" coloring and "just a little speckling of orange.".....»»

Category: topSource:  physorgRelated NewsMay 13th, 2024

Identity crisis: Climate destroying wonders that gave US parks their names

Glacier National Park's ice fortress is crumbling. The giant trees of Sequoia National Park are ablaze. And even the tenacious cacti of Saguaro National Park are struggling to endure a decades-long drought......»»

Category: topSource:  physorgRelated NewsMay 13th, 2024