Apple iPhone supplier Foxconn expects first-quarter revenue decline

Apple’s iPhone 15 series devices are displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple supplier and lead iPhone assembler Foxconn on Friday reported a revenue drop for the final quarter of 2023 and said it … Read more

Tesla recalls over 1.6 million cars in China over Autopilot, locks

Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Tesla is recalling more than 1.6 million cars in China to fix problems with Autopilot features and locks, state … Read more

Nanostructured flat lens uses machine learning to ‘see’ more clearly, while using less power

Credit: Vanderbilt University A front-end lens, or meta-imager, created at Vanderbilt University can potentially replace traditional imaging optics in machine-vision applications, producing images at higher speed and using less power. The nanostructuring of lens material into a meta-imager filter reduces the typically thick optical lens and enables front-end processing that encodes information more efficiently. The … Read more

Coinbase, Gemini plan user risk assessments in UK ahead of new rules

CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). (Photo by Daniel LEAL / POOL / AFP) (Photo by DANIEL LEAL/POOL/AFP via Getty Images) Daniel Leal | Afp | Getty Images Coinbase, Crypto.com, Gemini … Read more

Farm barons defy calls to cut groundwater pumping

Credit: CC0 Public Domain In 2023, as floodwaters rushed toward the San Joaquin Valley city of Corcoran—home to roughly 20,000 people and a sprawling maximum-security state prison—emergency workers and desperate local officials begged the state for help raising their levee. Corcoran had been sinking, steadily, for years because of persistent over-pumping of groundwater by major … Read more

Meta was our second-best performer last year. What is in store for 2024?

Meta Platforms ‘ savvy use of artificial intelligence and untapped potential in business messaging are reasons why we see more upside ahead for the stock in 2024. Meta reached a 52-week high of $361.90 per share on the second to last trading day of 2023. The stock nearly tripled last year and was the second-best … Read more

Water increasingly at the center of conflicts from Ukraine to the Middle East

Credit: Pixabay/CC0 Public Domain Six months ago, an explosion ripped apart Kakhovka Dam in Ukraine, unleashing floods that killed 58 people, devastated the landscape along the Dnipro River and cut off water to productive farmland. The destruction of the dam— which Ukrainian officials and the European Parliament blame on Russia, even though the structure was … Read more

China’s Xpeng claims its latest EV model could be an industry ‘game changer’

Chinese electric vehicle company Xpeng told CNBC on Friday that its newly launched X9 model could be a “game changer” for the industry. Xpeng launched the X9 large 7-seater EV on Jan. 1, a car built on its SEPA2.0 architecture for the Chinese market. The X9 series are priced between 359,800 yuan to 419,800 yuan (about $50,360 … Read more

Pollution-tracking citizen science project offers New York students a breath of fresh air

Left: Incidence of asthma-related emergency room visits by children in New York City neighborhoods, along with air quality data collected by a FRESH Air site in one of those neighborhoods. Right: One of the sensors distributed among schools and community centers as part of FRESH Air. Credit: Stephen Holler Climate change is one of the … Read more

Don’t read too much into market losses so far

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more