UMC sees gross margin top 40% in 1Q22
Pure-play foundry United Microelectronics (UMC) saw its gross margin climb to 43.4% in the first quarter of 2022, which beat its guidance given earlier this year, buoyed by fully-utilized fab capacity and rising wafer ASPs......»»
4 takeaways from Tesla"s Q2 earnings as profit plunges
Automotive gross margin, a key indicator of profitability, fell to just under 15 percent in the second quarter, its lowest level in five years. Tesla's operating margin fell to 6.3 percent from 9.6 percent a year earlier......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
Auto industry sees website satisfaction surge amid post-pandemic recovery
J.D. Power's website manufacturer satisfaction survey found that increased inventory, incentives and rebates have resulted in the highest overall satisfaction with car manufacturer websites since before the pandemic......»»
Massive AT&T data breach sees hackers steal personal data of almost all customers
A massive AT&T data breach has seen hackers able to steal the personal data of almost every customer the company has – a total of some 110 million Americans. In an incredible security fail, the stolen data includes not only customer phone number.....»»
Piper Sandler raises Apple target price on promise of AI
Investment firm Piper Sandler says the market is right to be excited by Apple Intelligence, and also that it sees a return to iPhone growth in the key market of China.Renders of a possible designs for the iPhone 16 rangeBased on both AI and China, We.....»»
Jony Ive talks about the joy & pain of working for Apple; shares seven songs
The Life in Seven Songs podcast has been named by Apple as a top new show, and the latest episode sees the company’s former design chief Jony Ive talk about his background, and the joy and pain of working for the company … more….....»»
Nissan CEO sees 30% salary cut since April over supplier payments
Nissan was reprimanded by the Japan Fair Trade Commission in March over slashing payments to top suppliers by about 3 billion yen between January 2021 and April last year......»»
The best movies on Apple TV+ right now (June 2024)
For June 2024, Apple TV+ sees the release of Fancy Dance, a family drama starring Academy Award-winning actress Lily Gladstone......»»
Watch the trailer for Wolfs, the new Apple original film starring Brad Pitt and George Clooney
Apple today unveils the trailer for its next big cinema release, Wolfs starring Brad Pitt and George Clooney. The (intentionally awkward grammatically spelled) Wolfs sees the duo in an action comedy where two professional fixers are assigned to the s.....»»
Space photo of the week: NASA sees a "Platypus" move on Jupiter"s moon Europa
Space photo of the week: NASA sees a "Platypus" move on Jupiter"s moon Europa.....»»
2024 sees continued increase in ransomware activity
In this Help Net Security video, Ryan Bell, Threat Intelligence Manager at Corvus Insurance, discusses how ransomware will continue to grow in 2024. In January, Corvus reported that global ransomware attacks in 2023 set a record high, surpassing 2022.....»»
VW Group of America CEO Pablo Di Si: Confident on EVs, sees hybrid potential
Between the expansion of electric vehicle offerings and unionization of workers at its plant in Tennessee, 2024 is a year of change for Volkswagen in the U.S......»»
"Babes" review: Ilana Glazer and Michelle Buteau team up for gross-out comedy about maternity
You'll want to hang with "Babes": Ilana Glazer and Michelle Buteau team up for gross-out comedy about maternity. Review When it comes to great comedies about female friendship, there's a range in tone, running from the bubbly fun of Clueless an.....»»
Six public franchised dealership groups sweeten 2023 CEO pay with extras as Lithia"s DeBoer sees largest gain
Lithia, AutoNation, Asbury, Penske, Sonic and Group 1 pay a relatively modest base CEO salary but then sweeten compensation with other incentives. DeBoer's 2023 total jumps 73 percent......»»
New iPad Pro has larger magnets in different places and new speakers
The thin case of the new iPad Pro hides a redesign that sees brand new speakers alongside larger magnets for attaching to peripherals.Apple's new iPad ProApple's new iPad Pro is significantly thinner than its predecessor, and it now appears that in p.....»»
F&I gross profit per vehicle down for 5 of 6 public groups in Q1
The retailers pointed to high interest rates again as a major contributor to the declines......»»
X-ray satellite XMM-Newton sees "space clover" in a new light
Astronomers have discovered enormous circular radio features of unknown origin around some galaxies. Now, new observations of one dubbed the Cloverleaf suggest it was created by clashing groups of galaxies......»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
The US is one of the world"s least trade-oriented countries—despite laying groundwork for today"s globalized system
Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isn't very dependent on it. Indeed, looking at trade as a percentage of gross domestic product—a metric economists sometimes call the "ope.....»»
Anker sale: up to 40% off portable chargers, cable, and more
Anker's Earth-Day sale sees a ton of excellent deals with up to 40% off, so be sure to check everything available to snag yourself some of the best products......»»