TrueCar reduces losses, boosts revenue in Q3
New-vehicle inventory helped the vehicle listings company, but high prices and climbing interest rates remained challenges......»»
Sonos laying off 6% of employees ‘for long-term success’
Sonos announced layoffs of about 100 employees as the company weathers a continued software meltdown, and a major loss of revenue because of it......»»
Ahead of iPhone 16, AI demand boosts Apple supplier Foxconn"s profits
Foxconn, Apple's iPhone 16 manufacturer has reported a fourth consecutive quarter of profit increases, which it credits to demand for AI servers.Workers in a Foxconn factoryFor the previous quarter, Foxconn's increased profits came from better than e.....»»
Study finds 94% of business spreadsheets have critical errors
A recent study has found that 94% of spreadsheets used in business decision-making contain errors, posing serious risks for financial losses and operational mistakes. This finding highlights the need for better quality assurance practices......»»
Study finds protein reduces toxicity of graphene oxide for drug delivery
A new study has discovered ways to reduce the toxicity of graphene oxide (GO), an ultra-thin sheet of nanomaterial derived from graphite, laying the groundwork to use it as a drug delivery system......»»
New surfactant from cashew nut shell liquid boosts industrial reactions
Industries and chemical labs synthesize a wide variety of organic molecules every day. Most of these chemical reactions happen in the liquid phase to allow the substrates to interact easily. However, many substrates and catalysts are sensitive to wat.....»»
This TP-Link Wi-Fi extender boosts home network coverage for $23
The TP-Link AC1200 Wi-Fi extender may be the solution to your home network's problems. It's currently on sale from Amazon for only $23 following a 54% discount......»»
The molecular shield: How tea plants combat drought through protein phosphorylation
Drought stress poses a significant challenge to agriculture, causing substantial yield losses in many crops. Tea plants, known for their rich flavonoid content which enhances both quality and health benefits, are particularly affected. Under drought.....»»
Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached
The lidar supplier said revenue grew 2 percent to $16.5 million......»»
Losses continue to pile up at Rivian and Lucid in Q2
Both EV makers have received large cash infusions to help stem cash burn and pay for continued operations......»»
Editing for resilience: CRISPR/Cas9 boosts potato stress resistance
Scientists have made a significant breakthrough in agricultural biotechnology by using CRISPR/Cas9 to edit the potato genome, resulting in plants with increased resistance to both biotic and abiotic stresses. This innovation could lead to a new era o.....»»
Openlane"s vehicle volume up 7%, revenue rises 3.6% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»
AI Remediation by ArmorCode reduces DevSecOps friction and accelerates security fixes
ArmorCode has launched AI Remediation in its ArmorCode ASPM Platform to help resolve security issues faster, put security expertise in the hands of developers, and reduce DevSecOps friction. ArmorCode AI Remediation is a new capability and the second.....»»
ACV Auctions says Q2 net loss widened to $17M, revenue rises 29%
ACV Auctions said the number of used vehicles sold by dealers and commercial auto companies on its wholesale marketplace platform grew 22 percent year over year......»»
Openlane"s vehicle volume up 7%, revenue rises 4% in Q2
The CDK outage in June disrupted operations for some of Openlane's clients, which had a "small" impact on the company's second-quarter volume, its CEO said......»»
Thunderstorms Have Caused $45 Billion in Damages in the U.S. in Just Six Months
Damage from high-frequency storms is rising faster than losses from major disasters such as hurricanes and wildfires.....»»
Experiment shows repetition boosts belief in climate-skeptical claims, even among climate science endorsers
Climate science supporters rated climate-skeptical statements as "truer" after just a single repetition, according to a study published August 7, 2024 in the open-access journal PLOS ONE led by Mary Jiang from The Australian National University, Aust.....»»
CrowdStrike cause revealed; small print may protect it from lawsuits
The cause of the CrowdStrike mess has been revealed by the company, together with the steps it has taken to ensure nothing similar can happen again. The company is facing a deluge of lawsuits over the estimated $5B worth of financial losses incurr.....»»
Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting
Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»
TrueCar"s Q2 net losses decrease thanks to higher dealer franchise revenue
The CDK cyberattacks caused some impact, but the vehicle listings company reduced losses, grew revenue and formally launched its enhanced TrueCar+ pilot......»»
Stellar Cyber launches Multi-Layer AI platform to enhance threat detection
Stellar Cyber is introducing Multi-Layer AI, incorporating four distinct technologies — machine learning (ML), graph ML, generative AI, and hyper automation — into a single unified platform that reduces threat detection and response time. This ne.....»»