Wikipedia campaigns for donations, assumes for-profit stance
The ubiquitous non-profit online encyclopedia, Wikipedia, is once again asking its readers to donate. You've likely seen the banners at the top of each page......»»
Samsung makes its stunning 95 percent profit drop official for Q1 2023
A glut of memory chips leaves Samsung with its lowest profits since 2009. Enlarge / The regional headquarters of Samsung in Mountain View, California. (credit: Getty Images/Smith Collection) Samsung warned the world ear.....»»
Tesla price cuts threaten image as a tech leader
CEO Elon Musk says the EV maker is trading profit for volume, a common tactic in the auto industry. But the deep price cuts are undermining claims that Tesla is primarily a tech firm......»»
Tesla price cuts threaten image as a tech firm
CEO Elon Musk says the EV maker is trading profit for volume, a common tactic in the auto industry. But the deep price cuts are undermining claims that Tesla is primarily a tech firm......»»
AMD partner, China-based packaging leader Tongfu Micro reported Q1 2023 results
Leading Chinese IC assembly and testing player Tonfgu Microelectronics has revealed its first-quarter 2023 results, seeing a revenue of CNY4.64 billion (US$670 million), up 3.11% YoY. Net profit was CNY4.55 million, down 97.24% YoY......»»
Hyundai reports 92.4% net profit increase in 1Q23
Strong sales worldwide in the first quarter of 2023 helped Hyundai Motor's profits. The carmaker released the financial results on April 25, with net profit growing 92.4% year-over-year......»»
Kia aims to lift electric vehicle sales after record profit
Kia Corp. wants to increase sales of electric vehicles so they account for 9% of revenue by the end of the year, up from 5.5% last quarter......»»
Macronix eyeing return to profit in 2Q23
Macronix International will strive to return to profitability in the second quarter of 2023, according to company chairman Min Wu......»»
Ukraine rapidly expanding its "Army of Drones" for front line
The country increases its drone production after millions of pounds are raised through donations......»»
Hyundai readies U.S. battery plant as Q1 profit more than doubles
Hyundai reported that its first-quarter profit had more than doubled, as it finalized a $5 billion EV battery joint venture in the U.S., boosting electrification efforts in its largest market......»»
GM Q1 earnings: Employee, dealer buyouts push net income down 19%; full-year guidance up
North American pretax profit rose 14 percent to $3.6 billion......»»
AI tools help attackers develop sophisticated phishing campaigns
Phishing scams are a growing threat, and cybercriminals’ methods are becoming increasingly sophisticated, making them harder to detect and block, according to Zscaler report. The report found that a majority of modern phishing attacks rely on stole.....»»
Grimes promises to share revenue from AI-generated songs using her voice
Let all of us artists embrace our AI overlords and profit off their brilliance! Last week, new songs from Drake and The Weeknd went viral. … The post Grimes promises to share revenue from AI-generated songs using her voice appeared first on BGR.....»»
Elon Musk is willing to bet Tesla’s profits on a driverless dream
Musk said on a conference call last week that Tesla has the wherewithal to sell cars at “zero profit” and then earn immense sums later off driverless software......»»
How physicist Sameera Moussa went from a role model to a target
Research success and "Atoms for Peace" activism left Sameera Moussa a murder victim. Enlarge (credit: Aurich Lawson | Wikipedia) Science and the technology it enables have always had a close relationship with warfare. Bu.....»»
Lyft plans to "significantly reduce" workforce, CEO says
Lyft plans to "significantly reduce" its workforce, the company's new CEO David Risher told employees on Friday, in another round of layoffs as it struggles to turn a profit and pull off a turnaround......»»
Elon Musk pins hopes on full self-driving as Tesla"s next profit driver
Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving software. .....»»
Hikvision optimistic about market recovery; expands investment in automotive and AI products
China-based video surveillance equipment maker Hikvision released its 2022 financial report. It reported a revenue of CNY83.2 billion (US$12.08 billion), a 2.1% annual growth. In terms of the net profit attributed to the parent company, it reached CN.....»»
CATL posted over 550% rise in profit in 1Q23
CATL, the world's largest battery manufacturer, posted stronger-than-expected financial performance as the company kept ramping up R&D expenses to solidify its leadership......»»
Tesla will sacrifice profit for higher volume, Musk says
CEO Elon Musk views pushing for higher volume and a larger fleet as the right choice for Tesla vs. lower volume and higher margins......»»
Google to deploy generative AI to create sophisticated ad campaigns
Big Tech groups race to incorporate the groundbreaking new tech into their products. Enlarge / The integration of its latest generative AI, which also powers its Bard chatbot, means Google will be able to produce far more sophist.....»»