STMicroelectronics unveiled FY 2022 results, planning US$4.0 billion capex in 2023 to boost capacity
Switzerland-based chipmaker STMicroelectronics (ST) released its fourth-quarter and fiscal 2022 financial results on January 26, 2023.The company reported fourth quarter net revenues of US$4.42 billion, gross margin of 47.5%, operating margin of 29.1.....»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Research investigates radio emission of the rotating radio transient RRAT J1854+0306
Using the Five-hundred-meter Aperture Spherical radio Telescope (FAST), Chinese astronomers have investigated radio emission from a rotating radio transient known as RRAT J1854+0306. Results of the study, published April 15 on the preprint server arX.....»»
Unistellar Odyssey Pro review: Unlock pro-level astronomy with your iPhone from your backyard
Unistellar's Odyssey Pro smart telescope delivers amazing results even from a light-polluted backyard — and we have the photographic evidence to prove it.Unistellar Odyssey Pro review: pro-level astronomy from your backyard.Not only is the Unistell.....»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Impact of COVID-19 "will affect exam results well into the 2030s," says study
Educational damage from the COVID-19 pandemic will have an impact on school pupils well into the 2030s, according to a study involving the University of Strathclyde......»»
Did climate chaos cultivate or constrain 2023"s greenery?
In the ongoing quest to track the progression of climate change, scientists frequently examine the state of our planet's vegetation—forests, grasslands, agricultural lands, and beyond......»»
Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»
Patrick Wardle teams up with ex-Apple researcher to boost Mac security for all
Two long-standing Mac security experts have formed DoubleYou, a firm that aims to develop security tools that other Mac developers can incorporate into their systems.DoubleYou founders believe Mac needs better securityThe new company was started by,.....»»
Honda to spend $11 billion on four EV factories in North America
The new facilities are in addition to the previously announced EV hub in Ohio. Enlarge / Honda is investing CAD$15 billion (US $11 billion) to expand EV manufacturing in North America with four sites in Ontario, Canada. (credit:.....»»
Synthesis of two new carbides provides perspective on how complex carbon structures could exist on other planets
Researchers at the University of Bayreuth have gained new insights in the field of high-pressure carbon chemistry: They synthesized two new carbides—compounds of carbon and another chemical element—with unique structures. The results may provide.....»»
How worrying is bird flu"s jump to dairy cows? Here"s what experts say
Since 2022, a highly contagious strain of bird flu has spread across the U.S. at an unprecedented rate, resulting in the deaths of more than 90 million birds in commercial and backyard poultry flocks, plus thousands more in the wild......»»
Scholars explain the ideology that says technology is the answer to every problem
Silicon Valley venture capitalist Marc Andreessen penned a 5,000-word manifesto in 2023 that gave a full-throated call for unrestricted technological progress to boost markets, broaden energy production, improve education and strengthen liberal democ.....»»
The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup
A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this decade to 2040......»»
Fred Beans buys 4 Rosenthal Automotive dealerships
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group......»»
Toyota invests $1.4 billion in Indiana plant for large EV
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
IBM acquires HashiCorp in multi-billion dollar deal to boost cloud reach
HashiCorp agrees to $6.4 billion takeover deal by IBM as the companies look to take on more of the market......»»
ESET integrates with Arctic Wolf to provide greater security visibility
ESET has unveiled a new integration with Arctic Wolf, to ensure increased visibility and protection against modern threats. By integrating ESET Inspect into Arctic Wolf’s Security Operations Platform, Arctic Wolf customers are able to enhance t.....»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»