LG Energy Solution slashes earnings guidance on weak EV demand; shares drop
By Heekyong Yang and Jihoon Lee SEOUL (Reuters) - South Korean battery firm LG Energy Solution (LGES) warned on Thursday its revenue would plunge more than 20% this year and it would ease capacity expansion due to a sharper than expected
Analysis – Taiwanese rocket startup may be early test of Japan’s space hub plans
By Kantaro Komiya TOKYO (Reuters) - A Taiwanese startup aims to become the first foreign firm to launch a rocket from Japan by early next year, part of a plan industry advocates say will aid Tokyo's ambitions of becoming a space
Skippio secures €540k in seed funding to roll-out fan experience platform in UK
Skippio, an Irish tech start-up which has developed an innovative platform to enhance the fan experience at large-scale venues and events, announced that it has secured €540,000 in seed funding. The investment round, led by private investors with the support of
GM slams brakes on self-driving vehicle without steering wheel
By David Shepardson (Reuters) - General Motors' Cruise self-driving unit will focus its development efforts on a next-generation Chevrolet Bolt as it indefinitely delays its planned Origin vehicle that would not have a steering wheel, the automaker said on Tuesday. In 2022,
Tesla profit margins worst in five years as price cuts, incentives weigh
By Hyunjoo Jin, Akash Sriram (Reuters) - Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as the electric vehicle maker cut prices to revive demand while
TI beats quarterly profit estimates as chip demand turns steady
By Arsheeya Bajwa (Reuters) - Texas Instruments beat analysts' estimates for second-quarter profit on Tuesday, powered by stabilizing demand for analog chips from markets such as personal electronics and lower manufacturing costs. A rebound in smartphones and personal computers sales has enabled
Gen AI productions are becoming more believable – what can we do?
Gen AI: In June 2024, an artificial intelligence-generated picture of the well-known K-pop star G-Dragon holding a transparent bag of bread while making peace signs with his hands went viral on X in South Korea. The popular post on X showed
University College Cork introduces TOMRA Collection reverse vending machine to university campus
The Norwegian global reverse vending machines (RVM) leader has partnered with UCC as part of the university’s plastic free campus initiative in an aim to encourage recycling amongst students and young people Cork: Global reverse vending machines leader, TOMRA Collection, in partnership
Philippines to start winding down operations of offshore gaming hubs
By Neil Jerome Morales MANILA (Reuters) - The Philippines' gaming regulator said on Tuesday it will cancel the licenses of offshore gambling firms and work with law enforcement agencies to implement President Ferdinand Marcos Jr's order of a total ban on