Photo by Nilay Patel / The Verge Rivian, the buzzy electric vehicle company backed by Ford and Amazon, reported a net loss of $1.71 billion in the second quarter of 2022 based on $364 million in revenue. It’s a sign that Rivian’s business is picking up speed, albeit slowly compared to the previous quarter in…
Monthly Archives: August 2022
Enlarge / The current-model Sonos Sub. The Sub Mini would be smaller and have a cylindrical shape. (credit: Sonos) The launch of the Sub Mini—an anticipated addition to Sonos’ connected audio lineup—appears to have been delayed, the company revealed after its quarterly earnings report this week. The device was expected just about any day now….
Enlarge (credit: Disney) Since its launch in 2019, Disney+ has only slightly jumped in subscription costs for both monthly and annual fees. If active subscribers don’t check their account settings when a major Disney+ change goes live later this year, they won’t notice a difference in their bills, as the streaming service’s “base” price will…
Enlarge / A 3D paleoreconstruction of a sauropod dinosaur has revealed that the hind feet had a soft tissue pad beneath the “heel,” cushioning the foot to absorb the animals immense weight. (credit: Andreas Jannel) Ask people to think of a dinosaur, and they’ll likely name Tyrannosaurus Rex, the carnivorous antagonist prominently featured in the…
Lucy, aboard a United Launch Alliance V 401 rocket, launches from Florida in 2021. NASA/Kevin O’Connell and Bob Lausterer Hal Levison was planning to take a nap when he got the bad news. NASA’s Lucy spacecraft rocketed off our planet at 5:34 a.m. on October 16, 2021, so Levison and his team had been up…
With the overturning of Roe v. Wade earlier this year, digital health and reproductive care startups bolstered their efforts to make abortion pills and emergency contraceptives more accessible. Now, as state laws shift and abortion bans go into effect across the United States, companies are still trying to find ways to provide care while reimagining…
Rivian is holding on tight to its goal of delivering 25,000 electric vehicle by year’s end, but to get there it now anticipates to burn an extra $700 million. The automaker tucked the revised guidance on losses within its second quarter earnings report, telling investors that it expects to lose a whopping $5.45 billion in…
If you’re looking for an external monitor for your home office, Meta thinks it might have the answer – provided you’ve already bought one of its most-maligned products. The company has revealed that its Meta Portal devices can now be used as a second screen for PC and Mac users, offering a significant productivity boost….
Editing Microsoft Office files such as Word documents and Excel spreadsheets is set to get a lot smoother for Google Workspace users. The company has announced a number of improvements to the way Workspace users interact with Microsoft Office files, including better notifications around file type and editing, hopefully ending issues with overwriting and restoring…
Solar projects are expected to grow at a rapid clip if Congress passes the Inflation Reduction Act. Andrew Merry/Getty Images AES Corp. and three other clean energy developers want to spend $6 billion on US-made solar panels. Congress is about to pass big tax breaks for US solar, wind, and battery manufacturing. It will be…