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TrueCar reduces losses, boosts revenue in Q3

New-vehicle inventory helped the vehicle listings company, but high prices and climbing interest rates remained challenges......»»

Category: topSource:  autonewsNov 7th, 2023

Lawmakers ask FTC to investigate the sale of driver data, alleging ‘flagrant abuse" of privacy

Automakers, which have made lofty revenue projections about the riches to be found in the sale of connected vehicle data, have largely sought to ignore the fact that consumers do not want their data to be sold......»»

Category: topSource:  autonewsRelated NewsJul 31st, 2024

AutoNation net income, revenue harmed by CDK cyberattacks

AutoNation Inc. reported a massive drop in net income due in part to lost revenue and hits to vehicle sales stemming from the June 19 CDK Global cyberattacks.....»»

Category: topSource:  autonewsRelated NewsJul 31st, 2024

Penske Automotive Q2 net income falls 20% on higher interest costs

Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»

Category: topSource:  autonewsRelated NewsJul 31st, 2024

AMD raises forecast for AI chip revenue and sees supplies remaining tight

AMD raises forecast for AI chip revenue and sees supplies remaining tight.....»»

Category: topSource:  theglobeandmailRelated NewsJul 31st, 2024

AI search engine accused of plagiarism announces publisher revenue-sharing plan

Perplexity says WordPress.com, TIME, Der Spiegel, and Fortune have already signed up. Enlarge (credit: Moor Studio via Getty Images) On Tuesday, AI-powered search engine Perplexity unveiled a new revenue-sharing program.....»»

Category: topSource:  arstechnicaRelated NewsJul 31st, 2024

Study finds linguistic similarity boosts cooperation

"Holiday" or "vacation", "to start" or "to begin", "my friend's cat" or "the cat of my friend"—in our language, there are different ways of expressing the same things and concepts. But can the choice of a particular variant determine whether we pre.....»»

Category: topSource:  informationweekRelated NewsJul 30th, 2024

Report: iPhone 16 Pro production coming to India as Apple reduces China dependence

The iPhone 16 launch is just weeks away, and according to a new report, Apple is diversifying its manufacturing plans this year. For the first time ever, the most popular Pro models are set to be produced in India, reducing Apple’s dependence on Ch.....»»

Category: topSource:  pcmagRelated NewsJul 29th, 2024

Some good may come out of the CrowdStrike outage

Estimated financial losses due to the recent massive IT outage triggered by the faulty CrowdStrike update are counted in billions, but the unfortunate incident is having several positive effects, as well. Some silver linings As CrowdStrike was forced.....»»

Category: securitySource:  netsecurityRelated NewsJul 29th, 2024

Unlocking carbon"s potential: CRISPR boosts lignocellulose absorption

Lignocellulosic biomass, such as paper mulberry, holds promise for sustainable material production due to its cost-effectiveness and renewability. However, optimizing lignin composition remains challenging due to its complex structure and varied comp.....»»

Category: topSource:  physorgRelated NewsJul 29th, 2024

Lamborghini"s revenue rises 14% as switch to hybrid models nears completion

First-half deliveries increased 4 percent, putting Lamborghini on course to beat last year's record......»»

Category: topSource:  autonewsRelated NewsJul 29th, 2024

Outsourcing conservation in Africa: NGO management reduces poaching and boosts tourism, but raises risks for civilians

There's an experiment going on in conservation in Africa. With biodiversity imperiled, and nations facing financial and political crises, some governments are transferring the management of protected areas to private, non-governmental organizations (.....»»

Category: topSource:  physorgRelated NewsJul 27th, 2024

Some dealer customers want higher CDK cyberattacks compensation

CDK said dealers it has spoken with have been ‘grateful and appreciative' of compensation offer. But some affected dealers said it doesn't cover their losses......»»

Category: topSource:  autonewsRelated NewsJul 26th, 2024

Gentex Q2 net income falls 21% on lower vehicle production

The mirror supplier said net income and revenue declined after a drop in light-vehicle production......»»

Category: topSource:  autonewsRelated NewsJul 26th, 2024

Communicating numbers boosts trust in climate change science, research suggests

The intuition to distill hard numbers like "90 percent" into words like "almost all" may help make science and statistics more accessible, but new research shows that isn't necessarily the best way to engage people online......»»

Category: topSource:  informationweekRelated NewsJul 26th, 2024

Early CDK Global DMS return helped ease Group 1"s Q2 losses

The auto retailer estimates it lost $17 million in pretax income in the second-quarter due to the CDK outage......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

Hands on: Everything new with CarPlay in iOS 18

In iOS 18, CarPlay is getting a ton of new features, including accessibility boosts, Siri enhancements, wallpapers, and more! Here are our favorite adds to Apple's in-dash interface.CarPlay gets new features with iOS 18We've been testing the beta of.....»»

Category: appleSource:  appleinsiderRelated NewsJul 25th, 2024

Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales

Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»

Category: topSource:  autonewsRelated NewsJul 25th, 2024

Spatially decoupling bromide-mediated process boosts propylene oxide electrosynthesis

A research team led by Prof. Zeng Jie and Geng Zhigang from the University of Science and Technology of China (USTC) of Chinese Academy of Sciences (CAS), utilized bromide as a reaction medium to spatially decouple the electrolysis process and propyl.....»»

Category: topSource:  physorgRelated NewsJul 24th, 2024

Craxel Black Forest Reaper boosts cyber defense for organizations

Craxel launched integrated cyber defense platform, Black Forest Reaper. Designed to revolutionize cyber defense capabilities for the world’s largest cyber threat hunting enterprises, including U.S. government federal civilian agencies, the Depa.....»»

Category: securitySource:  netsecurityRelated NewsJul 24th, 2024

Tesla"s Q2 net income falls 45% to $1.5 billion, but revenue comes in slightly higher

Tesla reported revenue of $25.5 billion in the second quarter, compared with $24.9 billion a year earlier. Wall Street analysts on average had estimated revenue at $24.8 billion......»»

Category: topSource:  autonewsRelated NewsJul 23rd, 2024