Blog

284 Results / Page 9 of 32

Background
AD
automakers

Major automakers fear the global chip shortage could persist for some time

Major automakers fear the global chip shortage could persist for some time Via CNBC.com: Car manufacturers including Ford, Volkswagen and Daimler are still struggling to deal with the impact of the global chip shortage, with executives from each of the companies warning a lack of silicon is likely to remain a problem. Volkswagen CEO Herbert Diess, Daimler CEO Ola Kallenius and Ford Europe chairman of the management board Gunnar Herrmann […]

today09/07/2021 3

chip shortage

Ford’s U.S. sales decline 33% in August over chip shortage

Ford’s U.S. sales decline 33% in August over chip shortage Via CNBC.com: U.S. sales of Ford Motor’s new vehicles last month declined by 33.1% from a year earlier due to an ongoing global shortage of semiconductor chips that’s wreaking havoc on the automotive industry, the company said Thursday. The Detroit automaker’s sales capped off a dismal month of U.S. auto sales in August, which plummeted to an adjusted selling rate […]

today09/03/2021 6

FTC

FTC orders company to quit surveillance app business

FTC orders company to quit surveillance app business Via AP News: The Federal Trade Commission has for the first time banned a company that makes so-called stalkerware — software used to surreptitiously track a cellphone user’s activities and location — from continuing in the surveillance app business. Wednesday’s action applies to the marketer of SpyFone, Puerto Rico-based Support King LLC, and its CEO, Scott Zuckerman. Such commercial surveillance products secretly […]

today09/02/2021 7

Zoom

Zoom shares slide 10% on slowing growth

Zoom shares slide 10% on slowing growth Via CNBC.com: Zoom shares fell 12% in extended trading on Monday after the video-calling software maker reported fiscal second-quarter earnings that beat analysts’ expectations but showed slowing growth versus the previous quarter. Here’s how the company did: Earnings: $1.36 cents per share, adjusted, vs. $1.16 per share as expected by analysts, according to Refinitiv. Revenue: $1.02 billion, vs. $991.0 million as expected by […]

today08/31/2021 2

Facebook

NYT: Facebook Is Planning to Form an Election Commission

NYT: Facebook Is Planning to Form an Election Commission Via Breitbart: A recent report from the New York Times claims that Facebook has been contacting academics in an effort to create a group to advise it on election-related decisions. It is expected that the Masters of the Universe will announce their election commission in advance of the 2022 midterm elections. The New York Times reports in an article titled “Facebook Said to […]

today08/27/2021 7

Tesla

Tesla files to become an electricity provider in Texas

Tesla files to become an electricity provider in Texas Via CNBC.com: Tesla wants to sell electricity directly to customers in Texas, according to an application filed by the company this month with the Public Utility Commission there. The application follows the start of a big battery build out by Tesla in Angleton, Texas (near Houston), where it aims to connect a 100 megawatt energy storage system to the grid. Texas […]

today08/27/2021 2

Facebook

Some praise, some doubts as Facebook rolls out a prayer tool

Some praise, some doubts as Facebook rolls out a prayer tool Via AP News: Facebook already asks for your thoughts. Now it wants your prayers. The social media giant has rolled out a new prayer request feature, a tool embraced by some religious leaders as a cutting-edge way to engage the faithful online. Others are eyeing it warily as they weigh its usefulness against the privacy and security concerns they […]

today08/09/2021 3

Roku

Roku stock sinks after company reports tight hardware margins

Roku stock sinks after company reports tight hardware margins Via CNBC.com: Roku shares fell more than 8% in after-hours trading Wednesday after the company reported second-quarter earnings that beat expectations but showed a slowdown in streaming TV viewing since last quarter and tight hardware margins. Here’s how the company did compared with Refinitiv consensus estimates: EPS: $0.52 per share vs. estimate of $0.13 per share Revenue: $645 million vs. estimate […]

today08/05/2021 1

Zoom

Zoom to pay $85M for privacy miscues at start of pandemic

Zoom to pay $85M for privacy miscues at start of pandemic Via APNews: Zoom will pay $85 million to settle a lawsuit alleging that weak privacy controls opened too many peepholes into the personal information of users and that it was too easy for outsiders to disrupt video meetings during the early stages of the pandemic. The proposed agreement must still be approved by U.S. District Judge Lucy Koh. A […]

today08/03/2021 17

AD
AD
0%