SEC sues two ex-Canoo executives over reporting failures
The SEC said former executives misled investors about the company's financial prospects before it went public in a merger with a special purpose acquisition company in December 2020......»»
Group 1 Automotive bought at least 9 stores in 3 major deals in Q1
After reporting a sharp drop in net income in the fourth quarter of 2023, CEO Daryl Kenningham promised to be aggressive with acquisitions......»»
AI will lead to cut in human workers, executives admit
Artificial intelligence might just make some roles redundant, but there’s hope that more jobs could be created as a result......»»
Gamers are reportedly returning Intel Core i9 CPUs in droves
An increasing number of customers are reporting issues with Intel's latest Core i9 CPUs, and the company is finally looking into the problem......»»
EV startup bankruptcies complicate future of software-dependent vehicles
In an era where each new model contains proprietary software, company failures can have grave implications for vehicle functionality......»»
Should the SEC ditch quarterly reporting?
In the minds of some, the manifold ills of corporate capitalism have a single source: short-termism. Because investors increasingly ignore long-term value in favor of quarterly returns, corporate managers are thought to have no choice but to adopt a.....»»
Google sues two crypto app makers over allegedly vast “pig butchering” scheme
Crypto and other investment app scams promoted on YouTube targeted 100K users. Enlarge (credit: NurPhoto / Contributor | NurPhoto) Google has sued two app developers based in China over an alleged scheme targeting 100,00.....»»
Microsoft blamed for “a cascade of security failures” in Exchange breach report
Summer 2023 intrusion pinned to corporate culture, "avoidable errors." Enlarge (credit: Getty Images) A federal Cyber Safety Review Board has issued its report on what led to last summer's capture of hundreds of thousand.....»»
Canoo spent more on private jet than its revenue amid cash problems
Troubled electric vehicle startup Canoo spent twice as much as its revenue in 2023 on private jet usage for its CEO amid a capital shortage and waning EV demand......»»
Samsung’s One UI 6.1 update just killed the charging speeds on its phones
Following the release of the One UI 6.1 update, it seems that Samsung users are reporting a slowdown on charging speeds. The post Samsung’s One UI 6.1 update just killed the charging speeds on its phones appeared first on Phandroid. The.....»»
EV startup Canoo"s 2024 revenue forecast disappoints, shares tumble
The company reported a net loss of $302.6 million for the year ended Dec. 31, compared with losses of $487.7 million a year earlier......»»
Jails banned visits in “quid pro quo” with prison phone companies, lawsuits say
Civil rights group sues two counties, says hundreds more have banned visits. Enlarge (credit: Getty Images | Charles O'Rear) Two lawsuits filed by a civil rights group allege that county jails in Michigan banned in-perso.....»»
9to5Mac Daily: March 29, 2024 – Apple sues a former engineer
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsore.....»»
Some 2022 Ram trucks being probed in U.S. for K1 snap ring transmission failures
NHTSA said it received 82 complaints alleging loss of motive power due to an internal transmission failure of the K1 snap ring......»»
Apple sues former iOS engineer for leaking Journal app, Vision Pro details, and more
Apple has filed a lawsuit against Andrew Aude, a former iOS Software Engineer, accusing him of leaking “information about more than a half-dozen different Apple policies and products.” The leaks included details about Apple’s then-unreleased Jo.....»»
WWDC 2024 announced, DOJ sues Apple
Benjamin and Chance go deep on the Department of Justice vs. Apple suit, in which the DOJ alleges Apple’s iPhone monopoly is illegally maintained. In happier news, Apple announced the dates for WWDC 2024 where we expect to see major AI announcement.....»»
Apple sues ex employee over iOS Journal app leaks
Apple has filed a lawsuit against a former employee, accusing the ex-iOS software engineer of breaching confidentiality agreements by leaking details of the Journal app before its launch.Gavel in a courtroomThe lawsuit, filed in the Superior Court of.....»»
Progress and challenges on the road to net zero: Q&A
In early March, after years of deliberations, the Securities and Exchange Commission announced a new reporting requirement for U.S.-based public companies. Beginning in 2025, companies that meet a certain threshold of market value will be required by.....»»
Plastic Omnium changes name as it adds software, lighting
The French supplier will be known as OPMobility, reflecting a broader ambition and new product line, executives said......»»
iPhone Users Report iOS 17.4.1 Battery Life Issues
Unsurprisingly, iPhone users who have moved their device to Apple’s iOS 17.4.1 software are reporting issues with their device’s battery. The reports, which come from Apple’s discussion forums and other boards, don’t come as m.....»»
Survey: Dealerships lukewarm about EV service overall but see potential for increased retention, revenue
Nearly half of dealership executives and fixed ops leaders aren't overly enthused about integrating EV service into their shops. They're also not overwhelmingly positive about the overall future of EV service......»»