U.S. issues over $580 million in advance EV tax rebates to auto dealers since Jan. 1
The U.S. government has reimbursed auto dealers for more than $580 million in advance point-of-sale consumer electric vehicle tax credit payments since Jan. 1, the Treasury said on Friday. .....»»
No, Intel isn’t blaming motherboard makers for instability issues
Recent reports say that Intel is blaming motherboard makers for a wave of instability issues, but that's not exactly what's going on......»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
Apple issues its fourth round of developer betas
The fourth round of developer betas for Apple's current operating systems has arrived, with new builds of iOS 17.5 and others now available for testing.iOS 17Developers taking part in Apple's beta program can get the latest builds from the Apple Deve.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Apple Working to Fix iPhone Alarm Issues
If your iPhone’s alarm isn’t playing a sound properly, you aren’t alone. The issue is widespread enough that Apple is working on a fix for the issue. We’ve been tracking problems with the iPhone and iOS in April and one of the.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Researchers disprove current thinking on how to achieve global collaboration
The world's most pressing issues such as climate change will only be solved through global cooperation. New research by academics at the London School of Economics and Political Science (LSE), published in the Proceedings of the National Academy of S.....»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.Apple is dealing with regulatory pressures and other unknownsBernstein'.....»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
FCC fines big three carriers $196M for selling users’ real-time location data
FCC finalizes $196M penalties for location-data sales revealed in 2018. Enlarge (credit: Getty Images | SOPA Images ) The Federal Communications Commission today said it fined T-Mobile, AT&T, and Verizon $196 million "fo.....»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»
Hubble spots magnificent barred galaxy NGC 2217
The magnificent central bar of NGC 2217 (also known as AM 0619-271) shines bright in the constellation of Canis Major (The Greater Dog), in this image taken by the NASA/ESA Hubble Space Telescope. Roughly 65 million light-years from Earth, this barre.....»»
Why Tesla"s Full Self-Driving rollout in China matters
Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»
5 stars of the 2024 Beijing auto show
Nearly every domestic and international brand attended the showcase event of the Chinese auto industry. Here are the hits (and a few misses) from the show, which featured more than 100 premieres......»»
More than 2 million gazelle still roam the Mongolian steppe
A study published in Oryx sheds light on the status of Mongolian gazelle populations across Mongolia, Russia, and China, revealing both successes and challenges in the conservation efforts of this iconic species.....»»
Elon Musk lands in China as Tesla seeks self-driving tech rollout; GM"s Mary Barra visited Beijing Friday
Tesla's CEO has said Tesla may make Full Self-Driving technology available to customers in China "very soon." GM CEO Mary Barra was seen at the Beijing auto show on Friday, reports say......»»
UAW reached tentative pact with Daimler Truck, averting strikes
The United Auto Workers said it reached a tentative agreement with Daimler Truck Holding AG ahead of a contract expiring midnight on April 26 and following a strike threat......»»
Huawei"s smart car tech offers Audi, other automakers route to China sales
Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»
elago brings Game Boy Advance SP vibes to its newest MagSafe charging stand
elago is launching a today that looks like a Game Boy Advance SP. The new MS W5 Charging Stand debut with a retro design that’s a bit more recent than some of the other throwback-themed accessories we’ve seen from elago and channels the vibes of.....»»