TrueCar, amid restructuring and new CEO, says Q2 net losses surpass $20 million
The vehicle listings company said its second-quarter net loss included a $7.1 million charge for restructuring......»»
Hubble Space Telescope glimpses spiral galaxy UGC 9684
The celestial object showcased in this image from the NASA/ESA Hubble Space Telescope is the spiral galaxy UGC 9684, which lies around 240 million light-years from Earth in the constellation Boötes. This image shows an impressive example of several.....»»
Analyst on Starlink’s rapid rise: “Nothing short of mind-blowing”
Starlink's estimated free cash flow this year is about $600 million. Enlarge / 60 Starlink satellites stacked for launch at SpaceX facility in Cape Canaveral, Florida in 2019. (credit: SpaceX) According to the research.....»»
Zeekr tops IPO goal to raise $441 million
The listing by EV upstart Zeekr is the biggest by a China-based company in the U.S. since Didi Global’s $4.4 billion IPO almost three years ago......»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
New-vehicle inventory little changed at 2.86 million
New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox Automotive said — safely under 3 million......»»
Group 1 Automotive"s Q1 acquisitions cost almost $700 million
The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett Automotive Group in the first quarter......»»
GM logistics supplier Proficient Auto raises $215 million in IPO
The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»
4 Best British Technology and Science YouTube Channels
Mrwhosetheboss Arun Rupesh Maini, better known as Mrwhosetheboss, is a British YouTuber known for his technology-related content. He has the UK’s most subscribed tech influencer, with a whopping 3.26 million subscribers. Arun’s... The post 4 Best.....»»
Researchers map out anatomy of wooden breast syndrome in broiler chickens
Each year, Delaware farms raise more than 240 million broiler chickens, the top agricultural commodity in the state with a $3.5 billion impact on the state's economy......»»
Walking in African cities can be a miserable experience: Study shows planners ignore needs of pedestrians
African cities aren't welcoming places for pedestrians. Yet walking is free and, given the shortage of decent public transport, it's often the only way for people to move around. More than 70% of Africa's urban population of about 609 million walk da.....»»
Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships
Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»
Discovery of ancient Glaswegian shrimp fossil reveals new species
A short but robust little shrimp may have died out over 330 million years ago during the Carboniferous period, but the rare Scottish shellfish has been revitalized as a new species to science and as a Glaswegian......»»
Sling TV slips below 2 million subscribers, and it seems OK with that
Sling TV's owners are focusing on getting fewer subscribers to pay more, rather than worrying about growing the streaming TV service......»»
US restorationist solves 60-million-year-old dinosaur fossil "puzzles"
Before a T. rex can tower over museum visitors or a Triceratops can show off its huge horns, dinosaur fossils must first be painstakingly reconstructed—cleaned, fit together and even painted......»»
Forgepoint Capital boosts Nudge Security’s seed round
Nudge Security announced new funding from Forgepoint Capital, which joins Ballistic Ventures in bringing the fast-growing startup’s seed funding to $16.5 million. Forgepoint Co-Founder and Managing Director Alberto Yépez will join the Nudge Securi.....»»
Ransomware mastermind LockBitSupp reveled in his anonymity—now he’s been ID’d
The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»
The mastermind of the prolific ransomware group LockBit has finally been unmasked
The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»
From flooding in Brazil and Houston to brutal heat in Asia, extreme weather seems nearly everywhere
In sweltering Brazil, worst-ever flooding killed dozens of people and paralyzed a city of about 4 million people. Voters and politicians in the world's largest election in India are fainting in heat that hit as high as 115 degrees (46.3 degrees Celsi.....»»
Ferrari posts 13% rise in quarterly earnings amid flat deliveries
Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million......»»
Akamai to acquire Noname for $450 million
Akamai Technologies has announced that it has entered into a definitive agreement to acquire application programming interface (API) security company, Noname Security. Noname, one of the top API security vendors in the market, will enhance Akamai’s.....»»