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Volkswagen lost €5.8bn after tax in the third quarter. A €6.4bn write-down on Porsche drove the loss. Shrinking sales in China, US import tariffs and thinner margins on electric cars added to it. In the same quarter last year, the loss was €1.1bn.
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Investing in any stock is kind of like gambling in the sense that you’re betting your money on a company’s future performance.
LiveWire’s warns that it may not survive its current financial difficulties.
The DC Studios president is getting ready to bring a new Caped Crusader into the world.
You can’t pin the backrooms down though, no matter how hard you try.
It could soon be the end of an era, as Reddit looks set to leave the open internet and become a logged-in experience.
Nissan’s series hybrid e-Power system has been retuned for American roads.
Meta, TikTok and X have lost a legal challenge against the UK’s online safety regulator over the amount of data it can demand from social media platforms, Reuters reported on Friday. London’s High Court rejected the companies’ case, according to Reuters.
Software supply chain integrity appears to be becoming an increasingly important consideration in enterprise risk management. This comes as AI-assisted development expands and software supply chains gain additional complex layers.
HP, Asus and Acer are moving some PC production back to China from Thailand and Vietnam, Nikkei Asia reported. AI demand is driving up the cost of memory and storage chips. Dell is considering a similar move, people familiar with the matter told Nikkei.
Voters in Iowa and Ohio want AI safety rules even if the US is not always first in the AI race, a new poll from a Republican pollster finds. Days before the US midterm elections, the country’s biggest union federation says it is writing its own AI bill.
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