Uncategorized – Page 267 – I wish I had more to offer

Untitled

Feb 7 (Reuters) – Hertz Global Holdings Inc’s (HTZ.O) rental fleet has less than half the number of Tesla (TSLA.O) cars it planned to order in 2022, its regulatory filing showed on Tuesday. Hertz’s fleet in the Americas peaked at 428,700 vehicles for the year ended Dec. 31, 2022, of which 11% were Tesla cars,… Continue reading Untitled

ADAS, AV and Safetycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Financial Resultscategory

Volkswagen earnings meet forecast, inventory weighs on net cash flow, article with image

BERLIN, Feb 7 (Reuters) – Volkswagen (VOWG_p.DE) reaped an 8.1% earnings margin in 2022, at the upper end of its outlook, but net cash flow was far lower than hoped as supply chain issues left the carmaker weighed down with unfinished goods and raw materials, it said on Tuesday. Volkswagen, which is due to report… Continue reading Volkswagen earnings meet forecast, inventory weighs on net cash flow, article with image

Untitled

Feb 7 (Reuters) – Delta Air Lines Inc (DAL.N) said on Tuesday it would bump the pay of its employees by 5%. Airlines are struggling to navigate worker shortages and adverse weather amid strong demand for air travel. Delta’s raise includes a 5% base pay increase for ground and flight attendant employees worldwide at all… Continue reading Untitled

Untitled

REDMOND, Wash., Feb 7 (Reuters) – Microsoft Corp (MSFT.O) is revamping its Bing search engine with artificial intelligence, the company said on Tuesday, in one of its biggest efforts yet to lead a new wave of technology and reshape how people gather information. Microsoft is staking its future on AI through billions of dollars of… Continue reading Untitled

Untitled

Feb 7 (Reuters) – Uber Technologies Inc’s (UBER.N) revenue growth is set to outpace that of rival Lyft Inc (LYFT.O) as the rideshare firm’s presence in major markets around the world gives it the heft to deal with inflationary pressures. Ridesharing companies are starting to recover from pandemic lows as offices reopen and following a… Continue reading Untitled

Untitled

BERLIN, Feb 7 (Reuters) – The Ford Motor Co (F.N) works council in Cologne, Germany invited workers to a meeting on Feb 14 to update them on negotiations with management over planned job cuts at Ford’s plants in Europe, a union representative said on Tuesday. Ford said in late January it would decide by mid-February… Continue reading Untitled

Untitled

SANTA MONICA, Calif., Feb 7 (Reuters) – Automakers may not be able to build as many electric vehicles as they would like — and consumer demand for those EVs may not materialize as quickly as anticipated — if government and industry do not address and resolve a convergence of issues, a new study released on… Continue reading Untitled

STMicro leans on AI, cloud as chip designs become more complex

Feb 7 (Reuters) – European chipmaker STMicroelectronics (STM.BN) and chip design software maker Synopsys (SNPS.O) on Tuesday said STMicro had for the first time used artificial intelligence software running on Microsoft Corp’s (MSFT.O) cloud to design a working chip. The achievement would help solve the growing problem of getting increasingly complex designs ready for customers… Continue reading STMicro leans on AI, cloud as chip designs become more complex