Mitsubishi Pajero May Return For 2027 As A Luxury Plug-In Hybrid: Wild Rumor

Mitsubishi Pajero May Return For 2027 As A Luxury Plug-In Hybrid: Wild Rumor

The current-generation Mitsubishi Outlander Plug-In HybridPhoto: Mitsubishi In this industry, there is no shortage of rumors about new and upcoming cars. Sometimes those rumors are well-sourced and come from someone who definitely knows what they’re talking about, but that’s not always the case. With Japan’s Best Car, the rumors it publishes can sometimes be grounded … Read more

Meta is paying first-ever dividend, authorizes $50 billion buyback

Meta is paying first-ever dividend, authorizes  billion buyback

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta announced on Thursday that it will pay a quarterly dividend for the first time, and said it authorized an expanded $50 billion share buyback … Read more

Meta’s Reality Labs loses $4.65 billion in Q4 ahead of Vision Pro

Meta’s Reality Labs loses .65 billion in Q4 ahead of Vision Pro

Mark Zuckerberg, CEO of Meta Platforms, demonstrates the Meta Quest Pro during the virtual Meta Connect event in New York on Oct. 11, 2022. Michael Nagle | Bloomberg | Getty Images Meta continues to sink billions of dollars a quarter into developing the metaverse, and is just now facing its first real competitive threat from … Read more

Amazon announces AI shopping assistant called Rufus

Amazon announces AI shopping assistant called Rufus

An illustrative image of Amazon Shopping app seen on a mobile phone screen in front of an old (L) and a new (R) Amazon Shopping app icons displayed on a screen. Amazon has quietly changed its new Amazon Shopping app icon, replacing the blue ribbon on top that drew some unfavorable comparisons. On Wednesday, March … Read more

Company cuts 150 jobs, 2% of workforce

Company cuts 150 jobs, 2% of workforce

Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on September 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox Zoom is cutting about 150 jobs, CNBC confirmed on Thursday, the latest tech company to slash headcount this year as investors continue to push for efficiency. A Zoom spokesperson confirmed … Read more

Amazon (AMZN) Q4 earnings report 2023

Amazon (AMZN) Q4 earnings report 2023

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon is slated to report fourth-quarter earnings Thursday after the closing bell. Here’s what analysts are projecting: Earnings per share: 80 cents, according to LSEG, formerly known as Refinitiv Revenue: … Read more

Meta to report fourth-quarter earnings after the bell

Meta to report fourth-quarter earnings after the bell

Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024.  Evelyn Hockstein | Reuters Meta will report fourth-quarter earnings after the bell on Thursday. Here’s what analysts surveyed by LSEG, formerly Refinitiv, are expecting: Earnings: $4.96 per share Revenue: $39.18 billion … Read more

Okta to lay off 7% of staff, about 400 employees

Okta to lay off 7% of staff, about 400 employees

Identity management company Okta said on Thursday in a message to employees that it would lay off 400 employees, about 7% of the company’s headcount. The firm also reaffirmed its fourth quarter and full-year guidance in a securities filing. CEO Todd McKinnon said in his message that the “reality is that costs are still too … Read more

Neuralink competitor Synchron buys equity stake in manufacturer

Neuralink competitor Synchron buys equity stake in manufacturer

Philip O’Keefe, one of Synchron’s patients in the SWITCH clinical trial, was the first person in the world to tweet using a BCI device. Source: Synchron Neurotech startup Synchron is ramping up production of its flagship brain-computer interface to prepare for commercial demand, as the company inches closer to bringing its device to market.  Synchron … Read more

Mastercard launches GPT-like AI model to help banks detect fraud

Mastercard launches GPT-like AI model to help banks detect fraud

BARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan Cros Garcia/Corbis via Getty Images) Joan Cros Garcia – Corbis | Corbis News | Getty Images Payments giant Mastercard says it has built its own … Read more