Scammers profit from Turkey-Syria earthquake
BBC News investigates the tactics used by scammers to make money when natural disasters strike.....»»
Sichuan Province earthquake offers lessons for landslide prediction from GNSS observations
Using data collected from a 2022 magnitude 6.8 earthquake in Luding County in China's Sichuan Province, researchers have tested whether Global Navigation Satellite System (GNSS) observations could be used for rapid prediction of earthquake-triggered.....»»
Honda quarterly profit rises to record high on strong U.S. sales, weak yen
Honda has been cashing in on a surge in demand for hybrids as fading subsidies weigh on sales of battery-electric vehicles globally. The weak yen is helping out, too. .....»»
Elon Musk says Tesla is an AI company now. Here’s how plausible that is.
As Tesla's core business starts to falter, CEO Elon Musk has robot fever. Enlarge (credit: Aurich Lawson | Getty Images) When Tesla recorded its first annual profit in 2020, it had done something fairly remarkable. Start.....»»
Subaru production, profits undercut in latest quarter by fatal plant accident in Japan
The export-dependent carmaker still managed to eke out a profit thanks to hefty windfall gains from favorable foreign currency fluctuations......»»
Apple reports record Q3 2024 earnings with $85.78 billion in revenue
Apple has revealed its full earnings report for the fiscal third quarter of 2024. The company reported $85.78 billion in revenue during the three-month period, covering April, May, and June. Net profit for the quarter came in at $21.45 billion, and e.....»»
Turkey blocks access to Instagram following censorship controversy
The Turkish government has blocked Instagram throughout the country – without providing a clear reason or duration. Here’s everything you need to know......»»
How large turkey vultures remain aloft in thin air
Mountain hikes are invigorating. Crisp air and clear views can refresh the soul, but thin air presents an additional challenge for high-altitude birds. "All else being equal, bird wings produce less lift in low density air," says Jonathan Rader from.....»»
Mobileye slashes annual forecasts on uncertain demand; shares fall
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»
VW Group profit falls on restructuring charges, lower deliveries
At VW's so-called core group, which consists of the VW, Skoda and Seat brands, profitability dropped to 5 percent......»»
Hybrids, currency windfalls help Toyota extend record profit momentum
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»
Israel foreign minister urges NATO expel Turkey over threat to enter Israel
Israel foreign minister urges NATO expel Turkey over threat to enter Israel.....»»
Sports partnerships with not-for-profits show lackluster results, study finds
Partnerships between professional sports teams and not-for-profit organizations (NPOs) are often weakened by power imbalances, informality and a lack of strategic intent, according to new research led by RMIT University......»»
Ferrari saved from deepfake scam involving CEO by one question
Scammers carried out a live phone conversation using an AI-generated version of CEO Benedetto Vigna's voice with the goal of infiltrating the Italian supercar maker......»»
4 takeaways from Tesla"s Q2 earnings as profit plunges
Automotive gross margin, a key indicator of profitability, fell to just under 15 percent in the second quarter, its lowest level in five years. Tesla's operating margin fell to 6.3 percent from 9.6 percent a year earlier......»»
CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit
Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in it’s quarterly operating profit, forcing him to cut the company’s full-year earnings forecast......»»
Alexa had “no profit timeline,” cost Amazon $25 billion in 4 years
WSJ report highlights vague metrics, internal struggles of Amazon Devices. Enlarge (credit: Getty) The Amazon business unit that focuses on Alexa-powered gadgets lost $25 billion between 2017 and 2021, The Wall Street Jo.....»»
Battery sales keep Tesla profitable in Q2 as EV sales still slumped
Tesla's status as a growth stock will require some explaining if this keeps up. Enlarge / Will investors care that Tesla's car sales and profit margins are shrinking, not growing? (credit: Karol Serewis/SOPA Images/LightRocket v.....»»
Mitsubishi pivots to North America as new profit engine as earnings dip
TOKYO — Mitsubishi, one of the smallest mass-market brands in the U.S., is getting bullish about North America with plans to enhance the local lineup with vehicle updates annually through 2030. The Japanese carmaker will introduce these new or u.....»»
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......»»
Firms hit by huge IT outage warned to be wary of scammers
Firms impacted by the recent global IT outage are being warned to be wary of scammers and hackers looking to take advantage of the situation......»»