WT Micro expects up to 30% revenue surge in 2Q21
Taiwan-based IC distributor WT Microelectronics expects to post revenue in a range between NT$92 billion (US$3.3 billion) and NT$98 billion in the second quarter of 2021, representing an on-year increase of 23-31%......»»
Auto repossessions surge 23% in U.S. during first half of 2024 as Americans fall behind on payments
With high interest rates and inflation hitting household budgets, the spike in seizures provides a window into the average consumer’s financial health at a key time for policymakers......»»
Fleet customers" data could generate revenue if automakers can learn to share
Offerings meant to sweeten the deal for telematics illustrate just how badly automakers want fleet customers to use their data-generating and tracking features......»»
U.S. to issue proposed rules limiting Chinese vehicle software in August
The U.S. Commerce Department plans to issue proposed rules on connected vehicles next month and expects to impose limits on some software made in China and other countries deemed adversaries, a senior official said Tuesday. "We're looking at a f.....»»
Ally Q2 net income slips 11%; auto income down 19%
Ally Financial's net income fell 11 percent in the second quarter as the bank set aside more money in case of losses, experienced higher expenses and drew less net revenue from financing......»»
Uber Eats eats into Uber ridesharing
When Uber expanded into food delivery, the move was expected to bring additional revenue to the ridesharing company. It certainly did......»»
Valve runs its massive PC gaming ecosystem with only about 350 employees
Ars' leak analysis shows a large "Games" department and a very well-paid "Admin" team. Enlarge / Artist's conception of Valve's micro-employees hard at work inside your Steam installation (credit: Getty Images) As a priv.....»»
Why American Honda expects to grow faster in the U.S. than the industry this year
The Japanese automaker expects U.S. growth on returning brand loyalists and consumers sidelined during the pandemic......»»
Penske Automotive buys Bill Brown Ford, the world"s largest Ford dealership
Penske said it estimates the suburban Detroit dealership, founded in 1941 by the Brown family, will add $550 million in annual revenue. The dealership's name will stay the same. .....»»
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......»»
New tech helps find hidden details in whale, cassowary and other barely audible animal calls
Over the past few decades, animal sounds have seen a huge surge in research. Advances in recording equipment and analysis techniques have driven new insights into animal behavior, population distribution, taxonomy and anatomy......»»
Elon Musk signals delays to robotaxi unveiling for key design change
Musk had said in 2022 Tesla expects to mass-produce a robotaxi with no steering wheel or pedal by 2024, after missing his targets for self-driving vehicles multiple times......»»
Coastal dealers talk insurance costs, hurricane preparation know-how
NOAA expects a more active Atlantic hurricane season. Dealers, already wary of higher insurance cost,s are monitoring it......»»
Bosch sharpens focus on software revenue stream
The supplier expects the amount of software used in vehicles to triple from 2023 to 2030......»»
In the South, sea level rise accelerates at some of the most extreme rates on Earth
The surge is startling scientists, amplifying impacts such as hurricane storm surges. Enlarge / Steve Salem is a 50-year boat captain who lives on a tributary of the St. Johns River. The rising tides in Jacksonville are testing h.....»»
Elon Musk calls for “criminal prosecution” of X ad boycott perpetrators
Congress accused advertisers group of colluding to tank X's revenue. Enlarge (credit: Apu Gomes / Stringer | Getty Images News) After the House of Representatives Committee on the Judiciary released a report accusing the.....»»
More ER patients in Florida test positive for COVID. The surge is different this time
More ER patients in Florida test positive for COVID. The surge is different this time.....»»
Connected cars are supposed to generate lots of revenue. So far, they have not.
The automotive industry is still sorting out the details as it seeks to reap profits from the data generated and gathered through the car......»»
How surge facilities affected the time to reunification for unaccompanied migrant children and their families
Unaccompanied children entering the United States without adult legal guardians and legal status account for a growing share of U.S. Border Patrol encounters along the southern border, with most fleeing extreme violence, poverty, and food insecurity......»»
New discovery boosts bioethanol production efficiency and profits
A new technique to monitor contamination in bioethanol production could increase revenue by more than $1.6 billion USD and reduce CO2 emissions by 2 million tons......»»
Get ready for a monumental iPhone 16 super cycle, says Wedbush
Investment firm Wedbush now expects what it calls a massive upgrade cycle for the forthcoming iPhone 16 range, and even an end to Apple's problems in China.Renders of the forthcoming iPhone 16 ProWedbush has been bullish about Apple since WWDC. In pa.....»»