UMC expects another quarter of record sales with higher gross margin
United Microelectronics (UMC) has reported record high sales for the first quarter of 2021, with gross margin topping 30%. The foundry expects to post shipment growth of 1-2% sequentially with a 6% rise in ASPs in the second quarter, with gross margi.....»»
Japan to seek up to 20% fine for monopolistic practices by Apple
Japan is poised to dramatically increase the penalties for tech giants accused of monopolistic practices like Apple.New Japanese laws could slap Apple with up to 20% sales penaltyIn an extensive global effort to limit the power of major technology co.....»»
The big dry: Forests and shrublands are dying in parched Western Australia
Perth has just had its driest six months on record, while Western Australia sweltered through its hottest summer on record. Those records are remarkable in their own right. But these records are having real consequences......»»
This new VR headset beats the Vision Pro in one key way and is half the price
Apple's Vision Pro features incredibly sharp displays, but a rival product boasts a higher resolution at a much lower price......»»
Jeep on a mission to reverse U.S. slide under new CEO Antonio Filosa
Antonio Filosa, who succeeded Christian Meunier in November, said he sees Jeep recovering the volume it has lost since 2018 while doubling its global sales to 2 million......»»
Group 1 to acquire UK retail operations of Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
Discovery of organic catalyst could lead to cheaper fuel cells
With atmospheric carbon dioxide at record highs, the search for clean-energy alternatives to the use of fossil fuels is growing increasingly urgent......»»
Group 1 to acquire UK group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»
iPhone market share dropped 9.6% this year; Samsung retakes lead
Global iPhone market share dropped 9.6% year-on-year in the first quarter of the year, enabling Samsung to retake the smartphone lead despite failing to increase its own shipments. Apple saw the biggest slump of any brand, at a time when the globa.....»»
Tesla to lay off more than 10 percent of its workers as sales slow
"Cost reductions and increased productivity" needed, says Musk. Enlarge / Tesla's Shanghai factory in 2023. (credit: VCG/VCG via Getty Images) Times are starting to get tough for Tesla. The electric vehicle automaker ha.....»»
Record heat rots cocoa beans threatening Ivory Coast agriculture
Surrounded by cocoa trees and intense heat, Christian Andre Yapi is forced to admit that the precious beans are no longer growing as they should, a major problem for the world's leading producer......»»
Group 1 to acquire U.K. group Inchcape
Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million. The deal is expected to close in the third quarter......»»
Microsoft 365 down for some, but issue appears limited in scope
DownDetector shows Microsoft 365 down for some, with issues first showing up in the early hours eastern time, with reports running around ten times higher than normal … more….....»»
SAG-AFTRA wins AI music protections in new deal
A tentative agreement erects guardrails against generative AI's cloning of Hollywood's musicians. The twinkling sounds of Hollywood won't be replaced by AI just yet. SAG-AFTRA and major record labels Warner Music Group, Universal Music Group, D.....»»
iPhone sales drop 10% as Samsung steadies and Chinese rivals grow
New figures show that Apple's global iPhone sales declined by over five million in the first quarter of 2024, compared to the same time in 2023.Apple's iPhone 15 Pro (left) and Samsung's Galaxy S24In March, it was reported that Apple had cut its iPho.....»»
Japan"s Sapporo sees earliest 25C day since records began
Temperatures in Japan's northern city of Sapporo—famous for skiing—on Monday passed 25 degrees Celsius at the earliest point of any year on record, a weather agency official said......»»
Physicists solve puzzle about ancient galaxy found by Webb telescope
Last September, the James Webb Space Telescope, or JWST, discovered JWST-ER1g, a massive ancient galaxy that formed when the universe was just a quarter of its current age. Surprisingly, an Einstein ring is associated with this galaxy. That's because.....»»
Biden rule hikes fees for oil projects on public lands
Oil companies drilling on public lands must post larger bonds and pay higher royalties under a rule finalized Friday by the Biden administration......»»
Column: When counting auto sales becomes almost as hard as autonomy
Mercedes-Benz USA is the latest automaker to buck traditional sales reporting, making the nation's retail market even more opaque......»»
US drug shortages reach record high with 323 meds now in short supply
The shortages affect everything from generic cancer drugs to ADHD medication. Enlarge / Takeda Pharmaceutical Co. Adderall XR brand medication arranged at a pharmacy in Provo, Utah, in November 2023. (credit: Getty | George Frey).....»»
Despite what you might hear, weather prediction is getting better, not worse
Australia's weather bureau copped harsh criticism after El Niño failed to deliver a much-vaunted dry summer in eastern Australia. Parts of northern Queensland in the path of Tropical Cyclone Jasper had a record wet December and areas of central Vict.....»»