Anticipates

Paramount is anticipating being profitable on streaming by the end of 2025, company leadership told investors Wednesday. As part of a report to investors on fourth-quarter earnings from last year, the company said it had reached 67.5 million subscribers on Paramount+ after netting 4.1 million in the fourth quarter of 2023. Subscription revenue grew 43 percent, Paramount said, attributing the increase to new subscriber growth and pricing increases for its direct-to-consumer streamer Paramount+.…

A private U.S. lunar lander tilted over at touchdown and ended up on its side near the moon's south pole, hampering communications, company officials said Friday.Intuitive Machines, the company that built the six-footed lander, initially said it was upright. But CEO Steve Altemus said Friday that the lander "caught a foot in the surface and tipped" and landed on its side, and, quite possibly, is leaning against a rock. He said the lander had come in too fast and may have snapped a leg."So far, we have quite a bit of…

PhonePe cofounder and CEO Sameer Nigam said Monday that the Walmart-owned payments platform expects to gain a proportionate share from any potential decline in beleaguered rival Paytm’s user base. Nigam’s comments come amid intensifying competition among major players in the payments space after theReserve Bank of India’s (RBI) regulatory action against Paytm Payments Bank.“If there is a loss, I think we will get a proportionate share. But if I say we won’t get any of them, then you will call me a hypocrite, and if I say…

Image Source : FILE Foxconn forecasts slight improvement in 2024 but raises concerns over AI chip shortage Taiwan's Foxconn (2317.TW), opens a new tab, Apple's (AAPL.O), opens a new tab biggest iPhone assembler and the world's largest contract electronics maker, expects its business this year to be "slightly better" than last year but is facing a shortage of chips for…

After accumulating over 182% in gains throughout last year, Immutable reaffirmed its position as one of the top crypto coins poised for impressive price performance. However, lately, Immutable crypto is experiencing a major decline that has spanned for more than a month now. On the other hand, Cosmos presents intriguing price predictions that are keeping investors on their toes and Meme Moguls (MGLS) are anticipated to experience a higher trading price when it launches. Immutable Crypto (IMX) Has Been…

Tata Motors anticipates a significant boost in electric vehicle (EV) sales next year, attributing this surge to the removal of the work-from-home (WFH) trend by corporate entities. Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, emphasized the growing potential in the employee transport segment as companies resume providing transportation to their workforce. Moreover, with companies incentivizing employees to choose EVs, Tata Motors aims to tap into this…

The Nova Scotia government has pledged more than $2.4 million to seven community-led projects that focus on living shorelines.Living shorelines are seen as a nature-based way to reduce coastal erosion and flooding caused by climate change. They use natural materials — rocks, plants and sand — to stabilize land along the coast.One group to receive funding is the Bluenose Coastal Action Foundation for its work in Mahone Bay.Jordan Veinot, the climate change team lead for organization, believes introducing living shorelines…

Credit: Matthew Modoono/Northeastern University In our digitally mediated world, the atrocities of war are hard to ignore. Conflagrations in Europe (Ukraine–Russia), the Middle East (Israel–Hamas) and elsewhere relay images of death and destruction as quickly as our feeds can process them. As artificial intelligence advances, the…

Aptera’s “Gamma” prototype of its solar-powered, three-wheeled electric car is overseas right now, doing aerodynamic testing at Pininfarina’s wind tunnel near Turin, Italy, in the shadow of the Italian Alps. The company is confident that when results come in, the Aptera will have the lowest aerodynamic drag coefficient of any production passenger car. Pininfarina’s wind tunnel was opened in 1972, one of the first full-size wind tunnels in the world to be completed and the first in Italy.…

Fresh off the first US deliveries of its flagship SUV, the Ocean, the EV automaker’s chairman and CEO teased its third model on social media – a convertible GT called the Fisker Ronin. We still don’t know much about this EV yet (Fisker still needs to deliver a model before this one), but we do know the automaker is planning to deliver BIG range, and shared our best look of the super GT below. In May of 2022, six months before officially kicking off production of its first model – the Ocean,…