Today: September 25, 2024
Today: September 25, 2024

Technology

Business|Economy

Airbus may end up owning some Spirit Aero assets in Scotland, Malaysia

Airbus may end up owning some assets of Spirit AeroSystems in Scotland and Malaysia if the transatlantic supplier is unable to find a buyer for them, a filing from

Airbus may end up owning some Spirit Aero assets in Scotland, Malaysia
Business|Technology

Robinhood resolves issue that impacted trading platform services

Robinhood said on Monday it had resolved an issue that had caused service interruptions for some users on its trading platform earlier in the day.

Robinhood resolves issue that impacted trading platform services
Business|Technology

Ferrari launches battery replacement scheme to preserve performance, value of its cars

Luxury sports car maker Ferrari on Monday announced two new warranty extension schemes allowing owners of its hybrid models to have the batteries of their vehicles replaced at given

Ferrari launches battery replacement scheme to preserve performance, value of its cars
Business|Technology

CDK expects all dealers to be live by early July 4

CDK said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4.

CDK expects all dealers to be live by early July 4
Business|Technology

Why a hack at CDK Global is casting a shadow on US auto sales

CDK Global said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4, about two weeks after a cyberattack-led

Why a hack at CDK Global is casting a shadow on US auto sales
Business|Economy

What is Chewy, the pet products website 'Roaring Kitty' is championing?

Keith Gill, the meme stock trader "Roaring Kitty," thrust Chewy Inc into the spotlight when he made a $245 million bet on the online pet products

What is Chewy, the pet products website 'Roaring Kitty' is championing?
Business|Technology

Trading app Robinhood agrees deal with Pluto Capital to tap into AI

Robinhood Markets said on Monday it had bought artificial intelligence-powered investment platform Pluto Capital, adding the trading app to a growing list of companies looking to offer AI

Trading app Robinhood agrees deal with Pluto Capital to tap into AI
Business|Technology

Tesla rises ahead of Q2 deliveries report

Shares of Tesla gained nearly 6% on Monday, after a key Wall Street brokerage added the stock to its watch list ahead of the automaker's quarterly production and delivery report on Tuesday

Tesla rises ahead of Q2 deliveries report
Business|Technology

Arkansas-based Evolve Bank confirms cyber attack and data breach

Evolve Bank and Trust confirmed on Wednesday it was the victim of a cybersecurity incident that involved customers' data being illegally released on the dark web.

Arkansas-based Evolve Bank confirms cyber attack and data breach
Environment|Technology

In race to regain rare earth glory, Europe falls short on mineral goals

Four decades ago, a rare earth processing plant on France's Atlantic coast was one of the largest in the world, churning out materials used to make colour televisions,

In race to regain rare earth glory, Europe falls short on mineral goals
Business|Technology

Infosys CEO settles Indian regulator's charge of lacking controls to prevent insider trading

Infosys CEO Salil Parekh settled charges for failing to place adequate internal controls to prevent insider trading at India's No.2 IT

Infosys CEO settles Indian regulator's charge of lacking controls to prevent insider trading
Business|Technology

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports

Japanese technology investor SoftBank Group Corp's Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion,

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
Business|News|Technology

NTSB sanctions Boeing over release of 737 MAX investigation details

U.S. investigators on Thursday sanctioned Boeing for revealing details of a probe into a 737 MAX mid-air blowout and said they

NTSB sanctions Boeing over release of 737 MAX investigation details
Business|Technology

Nokia sells submarine networks business ASN to French state

Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for 350 million euros ($374 million), but that the deal would not impact its

Nokia sells submarine networks business ASN to French state
Business|Technology

Zeekr's sales jump as Chinese dominate Russian EV market

Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition in Russia's

Zeekr's sales jump as Chinese dominate Russian EV market
Business|Economy|Technology

China hopes for EV tariff deal with EU that suits both sides

China hopes negotiations will lead to a "mutually acceptable solution" with the European Union on preliminary tariffs on Chinese electric vehicles (EV) scheduled to take effect on

China hopes for EV tariff deal with EU that suits both sides
Health|Technology

SoftBank Group launches AI healthcare joint venture with Tempus AI

Japanese technology investor SoftBank Group has launched a joint venture with Tempus AI that aims to analyse personal medical data with artificial intelligence (AI) to

SoftBank Group launches AI healthcare joint venture with Tempus AI
Business|Technology

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

Nexperia, one of the world's largest makers of basic semiconductors such as diodes and transistors, said on Thursday it would invest $200 million to

Chinese-owned chipmaker Nexperia invests $200 million in European expansion
Business|Technology

Cloaked Audis, covert CEO meeting: how VW's $5 billion Rivian bet transpired

A few camouflaged Audis arrived secretly from Germany early this year at a facility of electric-vehicle maker Rivian in California,

Cloaked Audis, covert CEO meeting: how VW's $5 billion Rivian bet transpired
Business|Technology

Boeing to brief European regulators on new production plans after 737 MAX panel blowout

Boeing is planning a briefing for high-level European regulatory officials about changes to the way it makes planes, a senior company executive said, after a

Boeing to brief European regulators on new production plans after 737 MAX panel blowout
Business|Technology

Mercedes-Benz spending more than previously planned on combustion engines - Wiwo

Mercedes-Benz is investing more than previously planned in combustion engine technology, including 14 billion euros ($15 billion) this year on its passenger cars, its chief executive

Mercedes-Benz spending more than previously planned on combustion engines - Wiwo
Business|Environment|Technology

Uber pays US car owners to switch to other transport modes for five weeks

Uber will pay $1,000 in credits to certain commuters in the U.S. and Canada who ditch their cars for five weeks in favor of public and other transport services, it said on

Uber pays US car owners to switch to other transport modes for five weeks
Business|Technology

The 'BlackSuit' hacker behind the CDK Global attack hitting US car dealers

A hack into software maker CDK Global has disrupted operations at auto dealerships across the U.S., the latest in a series of hacks where ransom-demanding cybercriminals

The 'BlackSuit' hacker behind the CDK Global attack hitting US car dealers
Business|Economy|Technology

Micron tumbles as AI revenue surge falls short of lofty expectations

Micron shares fell 5% in early trading on Thursday after the memory chipmaker's quarterly revenue forecast failed to impress investors looking for outsized results

Micron tumbles as AI revenue surge falls short of lofty expectations
Business|Technology

Rivian says lower-cost second generation EVs to help in push for profitability

Rivian will be able to slash a fifth of its material costs from electric SUVs and pickups by the end of 2024, CEO RJ Scaringe said on Thursday, after a

Rivian says lower-cost second generation EVs to help in push for profitability

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