Uber"s earnings, bookings, signal robust trip demand
Uber gave a forecast for bookings and profit that signal robust demand for the company’s ride-hailing and food delivery businesses in the busy holiday period......»»
AuthenticID360 blocks AI-generated IDs during digital onboarding
AuthenticID released AuthenticID360, its new holistic identity verification platform. AuthenticID360 delivers robust verification and risk signaling capabilities, including a 2-second response time for identity transactions. A unified solution for co.....»»
Hyundai Q3 earnings slump on lower demand
The earnings were hurt by warranty costs of 320 billion won ($231 million) for its Santa Fe crossover engines in the United States......»»
Nanomedicine advances deliver precise antibiotic doses to fight infections and drug resistance
Researchers from the University of Waterloo have developed a new technology that can hold an entire course of antibiotics in one tiny dose and deliver on demand just the right amount of medication that a particular patient needs to fight an infection.....»»
Lithia saved $50 million more than planned through Q3, sees another $100 million soon
Lithia Motors Inc. by the end of the third quarter reduced expenses by $50 million more than the group's original target for a cost-cutting initiative launched this year, COO Adam Chamberlain said Oct. 23 on the company's Q3 earnings call......»»
The Vision Pro reportedly suspended because of ‘weak demand’
A new report indicates that the production for the Vision Pro may have halted as early as this summer......»»
A multi-level breakthrough in optical computing—a faster, more efficient, and robust memory cell
For the first time, an international cadre of electrical engineers has developed a new method for photonic in-memory computing that could make optical computing a reality in the near future......»»
Ford Bronco sales slide unconcerning to dealers after 2 years of markups
U.S. sales of the Bronco SUV are down 16 percent this year, but dealers and analysts say it's a function of supply and demand finally normalizing. Accessories and other add-ons remain lucrative......»»
Report: Apple slashes iPhone 16 orders by 10 million units, but Pro sales look strong
Apple is just a week away from reporting its quarterly earnings, and providing a forecast for the holiday quarter. Today we may have received a preview of what to expect, though. Ming-Chi Kuo reports that iPhone 16 orders have been slashed by 10 mill.....»»
Chinese industry tsar urges Tim Cook to continue investing
Apple will continue to make more investments in China, CEO Tim Cook has insisted, as part of his meeting with China's top technology official.Apple CEO Tim Cook - Image Credit: AppleTim Cook is on his second trip to China in 2024, accompanied by COO.....»»
Protesters demand end to sex trafficking task force in Queens
Protesters demand end to sex trafficking task force in Queens.....»»
The Canadian Arctic shows that understanding the effects of climate change requires long-term vision
Embrace change, they say, or become a casualty. This adage weighed heavily on my mind during my latest research trip to the Arctic. Repeatedly, I found myself clutching the .303 caliber rifle over my shoulder—a piece of equipment I once considered.....»»
Vision Pro reaches expected production target as Apple shifts supply chain focus
Apple is adjusting its supply chain production of Apple Vision Pro, according to a new report from The Information. The report details that Apple “has enough inventory built up to meet demand for the foreseeable future. Apple’s suppliers have.....»»
GM Financial net income down 11% in Q3
General Motors Financial saw net income fall by more than 10 percent year over year in Q3 2024 earnings as the GM captive finance company grew its financing income but spent more on interest......»»
Tesla faces questions on robotaxi service, $25,000 model and flat sales in Q3 earnings report
Wall Street analysts expect a drop in Tesla's third-quarter margins after it boosted incentives to juice sales of its aging core vehicles, the Model Y crossover and Model 3 sedan......»»
Engineers unlock lithium from extreme environments
The demand for lithium—critical to powering sustainable technologies—is rapidly growing, but up to 75% of the world's lithium-rich saltwater sources remain untappable using current methods......»»
Daily 5 report for Oct. 21: Making sense of Q3 earnings reports beyond "beats" and "misses"
Innumerable disclosures figure into analyzing the overall health of a publicly traded company......»»
"Making insurance effective in the face of climate change may require it to be legally enforced"
Recent hurricanes hitting the Southeastern United States have again robbed people of their homes, businesses and lives. Hurricane Helen, in late September, was followed up last week by Hurricane Milton, collapsing seemingly robust building structures.....»»
Controlling sound waves with Klein tunneling improves acoustic signal filtration
In the context of sensory modalities, eyes work like tiny antennae, picking up light, electromagnetic waves traveling at blistering speeds. When humans look at the world, their eyes catch these waves and convert them into signals the brain reads as c.....»»
Netflix Shares Surge 10% After Q3 Earnings Beat Expectations, Subscriber Growth Continues
Netflix Shares Surge 10% After Q3 Earnings Beat Expectations, Subscriber Growth Continues.....»»
iPhone 16 sales in China are surprisingly great, despite Apple Intelligence uncertainty
Ahead of Apple’s quarterly earnings later this month, we’re getting a better picture of how the iPhone 16 line is selling—and it looks very good. The latest evidence is a report on sales in China, where Apple is seeing big launch numbers despit.....»»