Porsche Announced Over 1 Billion Euros In Losses

Porsche reported a loss of nearly 1 billion euros, marking its first financial downturn since going public in 2022. This loss was attributed to the company’s expensive decision to switch from electric vehicles to gasoline engines. The group reported an operating loss of 967 million euros in the third quarter…Continue Reading

Uber, Stellantis, Nvidia, and Foxconn make a robotaxi deal

Robotaxi fever is back, baby! After a bunch of automaker-led autonomous driving projects shut down amid concerns over safety and costs, car companies are expressing a renewed interest in self-driving cars, and robotaxis specifically. Stellantis, which oversees brands like Jeep, Ram, Dodge, and Chrysler, announced today a “new collaboration” with a diverse range of firms…Continue Reading

axalta-launches-ev-battery-coatings-for-heat-protection-and-electrical-insulation

Axalta has introduced two new powder coatings—Alesta e-PRO FG Black and Alesta e-PRO Dielectric Gray—developed to address heat management and insulation requirements in EV battery applications. Alesta e-PRO FG Black is designed for thermal stability and secondary fire protection in EV battery systems. According to Axalta, this coating resists ignition,Continue Reading

character.ai-is-banning-minors-from-interacting-with-its-chatbots

Character.AI is banning minors from using its chatbots amid growing concerns about the effects of artificial intelligence conversations on children. The company is facing several lawsuits over child safety, including by the mother of a teenager who says the company’s chatbots pushed her teenage son to kill himself. Character Technologies,Continue Reading

microsoft-azure-cloud-service-hit-with-outage

NEW YORK (AP) — Microsoft says users of its Azure cloud portal may be not be able to access Office 365, Minecraft or other services due to issues with its global content delivery network services. The tech company posted a note to its Azure status page that its teams areContinue Reading