Technology
April 16, 2024
137 views 3 mins 0

EPA denies energy industry petition to shield turbines from air rules

By Valerie Volcovici WASHINGTON, April 15 (Reuters) – The U.S. Environmental Protection Agency on Monday denied a years-old petition by energy industry groups who sought to get the agency to remove limits on emissions of harmful pollutants from stationary turbines, arguing that the risk causing cancer remains high. The agency denied the joint petition filed […]

Technology
April 15, 2024
58 views 6 mins 0

Tesla Executive Baglino Leaves as Musk Loses Another Top Deputy

(Bloomberg) — Two of Tesla Inc.’s top executives have left in the midst of the carmaker’s largest-ever round of job cuts, as slowing electric-vehicle demand leads the company to reduce its global headcount by more than 10%. Most Read from Bloomberg The cuts could reach closer to 20% in some divisions, two people familiar with […]

Technology
April 15, 2024
141 views 2 mins 0

Watch a recycling machine shake apart old hard drives to recover components

Traditional hard drives typically contain useful components. But dismantling them manually would be too labor-intensive. As things stand, old hard drives tend to go through a shredder and it’s often down to luck whether there’s anything usable left after that process. A company called Garner Products claims to have a better solution with its DiskMantler. […]

Technology
April 15, 2024
109 views 6 mins 0

Global iPhone shipments drop nearly 10% as Apple’s 2024 woes continue

Global shipments of Apple’s (AAPL) iPhone fell nearly 10% in the first quarter despite a broader smartphone market recovery as the company continues to contend with rising challengers from China such as Xiaomi. According to market intelligence firm IDC, Apple’s Q1 shipments fell 9.6% year over year from 55.4 million units in the first quarter […]

Technology
April 15, 2024
45 views 2 mins 0

Bain to Sell £1.25 Billion UK Payroll Tech Firm Zellis to Apax

(Bloomberg) — Bain Capital has agreed to sell UK payroll software company Zellis Group, whose clients include department store Harrods and carmaker Jaguar, to Apax Partners, according to a statement. Most Read from Bloomberg The deal values Zellis at about £1.25 billion ($1.56 billion), according to people familiar with the matter. Apax is partly funding […]

Technology
April 15, 2024
75 views 4 mins 0

Reddit Shares Slip as Analysts Debate Valuation, Growth Outlook

(Bloomberg) — Reddit Inc. shares fell as much as 5.1% Monday to hit the lowest level since its March trading debut after a slew of Wall Street analysts initiated coverage of the social-media company. Most Read from Bloomberg So far, the view from Wall Street tips bullish, but analysts are split on the company’s growth […]

Technology
April 15, 2024
63 views 4 mins 0

Your morning coffee may be more than a half million years old

That coffee you slurped this morning? It’s 600,000 years old. Using genes from coffee plants around the world, researchers built a family tree for the world’s most popular type of coffee, known to scientists as Coffea arabica and to coffee lovers simply as “arabica.” The researchers, hoping to learn more about the plants to better […]

Technology
April 15, 2024
144 views 4 mins 0

Your morning coffee may be hundreds of thousands of years old

That coffee you slurped this morning? It’s 600,000 years old. Using genes from coffee plants around the world, researchers built a family tree for the world’s most popular type of coffee, known to scientists as Coffea arabica and to coffee lovers simply as “arabica.” The researchers, hoping to learn more about the plants to better […]

Technology
April 15, 2024
134 views 3 mins 0

Exclusive-BP’s EV charging arm cuts jobs, reduces global ambitions

By Ron Bousso LONDON (Reuters) – BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in commercial EV fleets didn’t pay off, company sources said. The changes at BP Pulse are part of CEO Murray Auchincloss’s […]

Technology
April 15, 2024
125 views 3 mins 0

BP’s EV charging arm cuts jobs, reduces global ambitions

LONDON (Reuters) -— BP has cut over a tenth of the workforce in its electric vehicle charging business and pulled it out of several markets after a bet on rapid growth in commercial EV fleets didn’t pay off, company sources said. The changes at BP Pulse are part of CEO Murray Auchincloss’s efforts to focus […]

Technology
April 15, 2024
142 views 7 mins 0

Singapore Car Startup Seeks Valuation of Over $1.5 Billion

(Bloomberg) — Southeast Asia’s used-car marketplace Carro is raising about $100 million as it gears up for a stock-market debut, betting that new funds will cement it as the region’s top player. Most Read from Bloomberg The company is speaking with investors for a pre-initial public offering funding round which could raise its valuation to […]