Rivian"s net loss grows
Rivian reported second-quarter revenue tallied $364 million while the EV maker's net loss widened to $1.71 billion from $580 million a year earlier......»»
Apple Car may not be completely dead -- Apple is discussing a partnership with Rivian
Apple is said to be investigating a partnership with a US electric vehicle firm, believed to be Rivian, in a move that could mean reviving the Apple Car.Rivian R1TThe whole Apple Car project was reportedly scrapped in February 2024, with its team red.....»»
Report: Apple mulling potential partnership with Rivian
Earlier this year, Apple canceled its decade-long Project Titan electric car initiative, but a new report from DigiTimes says that Apple’s electric vehicle ambitions might not be over. According to the story, Apple is “assessing the possibility o.....»»
Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues
Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share......»»
Rivian to report Q1 earnings as EV maker cuts costs, prepares new models
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year......»»
NASA is helping protect tigers, jaguars, and elephants—here"s how
As human populations grow, habitat loss threatens many creatures. Mapping wildlife habitat using satellites is a rapidly expanding area of ecology, and NASA satellites play a crucial role in these efforts. Tigers, jaguars, and elephants are a few of.....»»
Stony coral tissue loss disease is shifting the ecological balance of Caribbean reefs
The outbreak of a deadly disease called stony coral tissue loss disease is destroying susceptible species of coral in the Caribbean while helping other, "weedier" organisms thrive—at least for now—according to a new study published in Science Adv.....»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
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......»»
Oil palm plantations are driving massive downstream impact to watershed
The global demand for palm oil—the most widely consumed vegetable oil on the planet, in everything from instant noodles to lipstick—is driving worldwide tropical deforestation. While many studies have shown the loss of biodiversity when rainfores.....»»
Researchers say nature recovery must be integrated across all sectors to bend the curve of biodiversity loss
The alarming rates of biodiversity loss worldwide have made clear that the classical way of governing biodiversity recovery based on protected areas and programs for the protection of endangered species is not enough. To tackle this, almost 200 count.....»»
Apple reversed its stock trajectory for the year in 30 minutes
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.Apple's share price has risen following its latest earnings reportInvestment firm Bernstein was right when it told clients.....»»
Rivian will add more than 500 jobs in Normal to make new EV crossover
It’s another way the EV maker continues to be the economic-development gift that keeps on giving for Illinois......»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Proofpoint DLP Transform secures data moving to ChatGPT, copilots, and other GenAI tools
Proofpoint announced Data Loss Prevention (DLP) Transform, including GenAI use cases. Today, businesses struggle with the limitations of legacy DLP solutions that are fragmented across channels and are not designed to address today’s most problemat.....»»
Opinion: Time for Scotland to follow the rest of the UK and punish violent partners who cause pregnancy loss
On May 2, the Scottish Parliament will debate whether it should be a crime in Scotland to cause the loss of a partner's or former partner's pregnancy through violence or abuse......»»
Credit Acceptance Q1 net income down 35%; loan volume grows
Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during the first quarter as the major national car loan company grew its loan portfolio but had higher expenses......»»
Building a strong cloud security posture
In this Help Net Security video, David Kellerman, Field CTO at Cymulate, discusses how cloud security still seems to lag even as the cloud grows in popularity and usage. Many leaders are unaware that they need to secure the cloud the same way they wo.....»»
Polestar delays SEC filing, says it needs to review "certain errors" in previous financial statements
Polestar said it believes the historical errors are expected to "positively impact net loss by less than five percent for 2021, and negatively impact net loss by less than five percent.".....»»
Launch date set for NASA"s PREFIRE mission to study polar energy loss
NASA and Rocket Lab are targeting no earlier than Wednesday, May 22, 2024, for the first of two launches of the agency's PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) mission to study heat loss to space in Earth's polar regions......»»
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......»»