Why EV startups are facing a cash squeeze
After the SPACs boom on Wall Street, companies are having a tough time finding cash to actually produce cars......»»
This DIY gaming laptop does something completely unheard of
YouTuber Socket Science has managed to squeeze an entire desktop PC into a gaming laptop case -- and it actually works......»»
Extreme heat exposure on the rise for millions of kids: UN
Nearly half a billion children are facing twice as many days of extreme heat each year—or more—than their grandparents did, the UN said Tuesday, warning of deadly consequences......»»
Losses continue to pile up at Rivian and Lucid in Q2
Both EV makers have received large cash infusions to help stem cash burn and pay for continued operations......»»
The music industry is suing 2 hot AI startups. They’ve invoked Taylor Swift in their defense
The music industry is suing 2 hot AI startups. They’ve invoked Taylor Swift in their defense.....»»
Study reveals how plants decide between life and death
Researchers at Michigan State University have discovered two proteins that work together to determine the fate of cells in plants facing certain stresses......»»
New 400-year temperature record shows Great Barrier Reef is facing catastrophic damage, researchers warn
The Great Barrier Reef is under critical pressure, with warming sea temperatures and mass coral bleaching events threatening to destroy the remarkable ecology, biodiversity, and beauty of the world's largest coral reef, according to new research......»»
CrowdStrike cause revealed; small print may protect it from lawsuits
The cause of the CrowdStrike mess has been revealed by the company, together with the steps it has taken to ensure nothing similar can happen again. The company is facing a deluge of lawsuits over the estimated $5B worth of financial losses incurr.....»»
Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting
Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»
Lucid reports Q2 net loss of $790 million; Saudi fund pledges additional $1.5 billion to the startup
Lucid delivered a record in the quarter and plans to launch a crossover this year. Lucid said its largest shareholder, Saudi Arabia's Public Investment Fund, will inject $1.5 billion in cash......»»
Aurora raises nearly $500 million more for self-driving technology efforts
Self-driving technology companies continue to suck up cash with Aurora, Cruise and Waymo getting more funding......»»
Gamification gets drivers to put down their phones, study finds
Gamification plus cash prizes worked even better. Enlarge / You should not do this while you are driving. (credit: Getty Images) Distracted driving isn't only a result of drivers using their phones when they should be p.....»»
Rivian won’t add CarPlay to its cars. It doesn’t need to
Carmakers are struggling to build great software, but some new startups are head and shoulders above the competition -- like Rivian......»»
iPhone 17"s front camera may double the resolution to 24MP
The iPhone 17 family of smartphones could gain a 24-megapixel front-facing camera, giving it twice the resolution of the current sensor.The front-facing camera is hidden in the Dynamic IslandMany of Apple's upgrades and rumors revolve around the rear.....»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting
The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months......»»
Best AirPods Max deals: New and refurbished for $382
Apple's over-the-ear headphones have a few great deals that can help save you some cash. Here are the best AirPods Max deals available today......»»
PayPal vs. Venmo vs. Cash App vs. Apple Cash: which app should you use?
PayPal, Venmo, Cash App, and Apple Cash are among the most popular ways to send and receive money. But which one should you use?.....»»
Cash and conservation: A worldwide analysis of the depiction of wildlife on money
If you were asked what images were depicted on each side of any of your country's banknotes, would you be able to confidently answer?.....»»
Podcasting getting tougher as big names get most of the cash and audience
Podcasting is getting tougher for those who don’t already have a significant following, says a new report, as a few big names take most of the cash and get most of the audience. Recent data shows that the top 25 podcasts reach almost half of reg.....»»