ASML logo is seen at the headquarters in Veldhoven, Netherlands, June 16, 2023. Piroschka Van De Wouw | Reuters ASML reported second-quarter earnings and sales that beat forecasts as it continues to see a recovery in demand for its machines that are required to make the world’s most advanced chips. Here’s how ASML did versus … Read more
Solid state batteries have been on the horizon, championed as the turning point for electric cars, for at least a handful of years now. Most of the time when the tech heads say some new revolutionary technological advancement is imminent, that really means its decades away and I never have to worry about it. But, … Read more
The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters The Federal Trade Commission has launched an informal inquiry into Amazon‘s recently announced deal with AI startup Adept, CNBC has confirmed. The FTC is seeking more information about the agreement announced last month, which involved Amazon … Read more
Mark using Synchron’s BCI Courtesy: Synchron A 64-year-old named Mark has spent the last year learning how to control devices like his laptop and phone using a brain implant. And thanks to OpenAI, it’s gotten a whole lot easier to do. The neurotech startup Synchron said Thursday it’s using OpenAI’s latest artificial intelligence models to … Read more
An Amazon workers pull a cart of packages for delivery on E 14th Street on July 12, 2022 in New York City. Michael M. Santiago | Getty Images Amazon Prime Day, the 48-hour discount blitz that kicks off Tuesday, is a “major” cause of worker injuries, according to the preliminary results of a Senate probe. … Read more
Image: Lucid The name of the game for Lucid CEO/CTO Peter Rawlinson has always been efficiency. The company claims that its updated Air Pure model will achieve 5 miles of driving for each kilowatt hour of energy onboard (up from 4.1 miles in earlier models), for a record 146 MPGe EPA rating. The brand’s least … Read more
Image: Rolls-Royce Ian Cameron, the man essentially single-handedly responsible for the renaissance of Rolls-Royce design following its purchase by BMW in 2003, was stabbed to death at his Lake Ammer home in Bavaria on July 12. Authorities suspect the unknown assailant, who fled the scene, was attempting to steal a valuable car from Cameron’s extensive … Read more
Image: Scott Olson (Getty Images) The cyberattack targeting the company that handles the financial transaction side of car buying for some 15,000 car dealers in the U.S. finally ended thanks, almost certainly to a paid ransom. Tesla, Just Like You, Lost a Ton of Money on Bitcoin in 2022 According to sources who spoke with … Read more
New vehicle dealer inventory once again climbed in June, with 2.96 million vehicles just sitting on lots. That works out to about a 76-day supply, and it’s up from 2.89 million vehicles a month earlier. It’s also a million more vehicles than where it was at the same time last year – 1.95 million. Jalopinions … Read more
Cadillac Escalade’s Bulgari ClockImage: Cadillac Automakers will often team up with non- automotive companies for things like special edition cars, merch, etc. Sometimes the partnerships make sense. Remember Subaru’s L.L. Bean editions or Ford’s Eddie Bauer Explorers and Expeditions? Other times they come across as trying too hard—take Cadillac’s Bulgari partnership. Tom Pelphrey Will Never … Read more
