Uber adjusts third-quarter forecast in light of increased gross bookings
Uber said Tuesday that it could hit one measure of profitability in the third quarter, earlier than expected as the ride-hailing company saw gains in its delivery and mobility businesses. The ride-hailing service told regulators in a filing this morn.....»»
Free-forming organelles help plants adapt to climate change
Plants' ability to sense light and temperature, and their ability to adapt to climate change, hinges on free-forming structures in their cells whose function was, until now, a mystery......»»
Ransomware operations are becoming less profitable
As the number of real (and fake) victims of ransomware gangs continues to rise, the number of ransomware payments is falling, along with the average ransom payment. The reasons behind this decrease are many: increased cyber resilience of organization.....»»
Ransomware activity is back on track despite law enforcement efforts
Despite significant disruptions for high-profile ransomware gangs LockBit and BlackCat, Q1 2024 became the most active first quarter ever recorded — a 21% increase over Q1 2023, according to Corvus Insurance. In January, Corvus reported that global.....»»
Secret Apple "Project ACDC" to pioneer AI chips for data centers
Amidst a high-stakes AI race, Apple is forging ahead with "Project ACDC," a secret initiative recently come to light that develops proprietary AI chips for data centers.Apple launches 'Project ACDC' to pioneer AI chips for data centersUnder the inter.....»»
Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues
Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share......»»
Shining a light on untapped lunar resources
Near the moon's south pole lies a 13-mile wide, 2.5-mile-deep crater known as Shackleton, named for Antarctic explorer Ernest Shackleton. Shackleton—and craters like it—may contain untapped resources that can be accessed with lunar mining......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
Astronomers observe elusive stellar light surrounding ancient quasars
MIT astronomers have observed the elusive starlight surrounding some of the earliest quasars in the universe. The distant signals, which trace back more than 13 billion years to the universe's infancy, are revealing clues to how the very first black.....»»
Privacy requests increased 246% in two years
Data Subject Requests (DSRs) — formal requests made to a company by a person to access, delete, or request not to sell/share the personal data that the company holds on them — increased by 32% from 2022 to 2023, according to DataGrail’s 2024 Pr.....»»
Warren Buffett has sold a lot of Apple stock so far in 2024
Famed investor Warren Buffett cut his firm's Apple holdings by 13% in the first quarter of 2023, as analyst consensus was that the iPhone was seeing declining demand.Warren Buffett [Berkshire Hathaway]Buffett is not a long-term investor in Apple —.....»»
Apple has dominated 2024 smartphone sales with iPhone 15 Pro Max
The iPhone 15 Pro Max was the top-selling smartphone in the first quarter of 2024, with iPhones occupying half the spots in the top ten.iPhone 15 Pro MaxApple and Samsung are still the top two highest-selling smartphone vendors in the world, and have.....»»
First crewed Starliner test needs good weather for launch. Here’s the forecast
NASA and Boeing Space are a short time away from conducting the first crewed launch of the Starliner spacecraft from the Kennedy Space Center in Florida......»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Public retailers grapple with soft EV demand in first quarter
All six public retailers experienced challenges with electric vehicles, but also saw opportunities......»»
Luminar lays off 20% of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an 'asset light' model that includes outsourcing industrialization......»»
Luminar lays off 20 percent of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an "asset light" model that includes outsourcing industrialization......»»
Contemporary wildfires not more severe than historically in western US dry forests: Study
Wildfires have increased over the last few decades in dry forests, which cover 25.5 million ha (63 million acres) of the western U.S. But are high-severity fires that kill 70% or more of trees already burning at rates that exceed historical (preindus.....»»
Domestic violence disclosure schemes: Part of the solution to improving women"s safety or an administrative burden?
The spotlight is yet again shining on the national crisis of violence against women in Australia, and the calls for increased action and improved responses to all forms of domestic, family and sexual violence has intensified over the last three weeks.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»