TuSimple was once valued at $8 billion. Now it"s delisting from the Nasdaq. What went wrong?
The once darling of the AV startup world has been plagued by internal strife and technological volatility since it went public in 2021......»»
Jim Cramer Says NVIDIA Corp (NASDAQ:NVDA) ‘Has Become a Wasteland’
Jim Cramer Says NVIDIA Corp (NASDAQ:NVDA) ‘Has Become a Wasteland’.....»»
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.....»»
The youngest Fortune 500 CFO was set up to run his family’s $21 billion chicken empire. His erratic behavior could change that
The youngest Fortune 500 CFO was set up to run his family’s $21 billion chicken empire. His erratic behavior could change that.....»»
3 billion records leaked online in one of the biggest breaches ever
The year of record-breaking data breaches continues unabated as public records data provider National Public Data has reportedly been hacked. According to HackRead.com, a hacker … The post 3 billion records leaked online in one of the biggest b.....»»
Readers trust journalists less when they debunk rather than confirm claims
Pointing out that someone else is wrong is a part of life. And journalists need to do this all the time—their job includes helping sort what's true from what's not. But what if people just don't like hearing corrections?.....»»
CrowdStrike engages external experts, details causes of massive outage
CrowdStrike has published a technical root cause analysis of what went wrong when a content update pushed to its Falcon sensors borked over 8.5 million Windows machines around the world on July 19, and has confirmed that it has hired two unnamed thir.....»»
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......»»
After 190 bodies found rotting, funeral home owners ordered to pay $950M
The owners do not have nearly a billion dollars, so the order is largely symbolic. Enlarge / An urn with ashes and a numbered cremation stone that is placed in the coffin of the deceased before the cremation. (credit: Getty | Rol.....»»
Lucid reports Q2 net loss of $790 million; Saudi fund pledges additional $1.5 billion to the startup
Lucid delivered a record in the quarter and plans to launch a crossover this year. Lucid said its largest shareholder, Saudi Arabia's Public Investment Fund, will inject $1.5 billion in cash......»»
The Higgs particle could have ended the universe by now—here"s why we"re still here
Although our universe may seem stable, having existed for a whopping 13.7 billion years, several experiments suggest that it is at risk—walking on the edge of a very dangerous cliff. And it's all down to the instability of a single fundamental part.....»»
Cambodia PM launches project linking Mekong river to sea via canal
Cambodia's Prime Minister Hun Manet on Monday launched a controversial $1.7 billion canal project that aims to provide a new link from the Mekong River to the sea......»»
Rivian to report Q2 earnings after cutting costs, reaching $5 billion deal with Volkswagen
Rivian's second-quarter sales rose 9 percent to 13,790 despite a factory retooling in April to cut costs and freshen the R1T pickup and R1S crossover for the 2025 model year......»»
One amazing photo showed me what’s wrong with Samsung’s cameras
When I took the Galaxy Z Fold 6 and another folding phone to a car event, one photo showed me where Samsung is going wrong with its cameras......»»
Save our waves: Surfing pumps $2.71 billion into the Australian economy and boosts well-being
Ever since Polynesian pioneers took to the ocean on wooden rafts, people have been hooked on riding waves. Today, surfing is one of the world's fastest-growing sports and one of the latest additions to the Olympic games......»»
Apple reports record Q3 2024 earnings with $85.78 billion in revenue
Apple has revealed its full earnings report for the fiscal third quarter of 2024. The company reported $85.78 billion in revenue during the three-month period, covering April, May, and June. Net profit for the quarter came in at $21.45 billion, and e.....»»
Tim Cook says Apple is spending more to get Apple Intelligence ready for launch this fall
Apple on Thursday announced the results of its third fiscal quarter of 2024, with $85.78 billion in revenue from April to June. The company’s sales grew by 5%, and it seems that its executives have high expectations for the future. That’s because.....»»
CDK outage fuels 86% drop in Asbury Q2 net income
Lost business and one-time costs related to the CDK Global outage contributed to an 86 percent drop in Asbury's net income, though the retailer managed to post record revenue of $4.2 billion......»»
Aptiv Q2 net income soars
Aptiv also announced the start of a $5 billion share repurchase program......»»
Climate change may lead to shifts in vital Pacific Arctic fisheries
Marine fisheries are an essential source of protein for a large part of the world's population, as well as supporting around 390 million livelihoods and an industry worth approximately US$ 141 billion, according to the UN FAO. Yet, climate change pre.....»»
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......»»