GM expects inflation, semiconductor shortage to add $3 billion in extra costs in second half

Brand new Chevrolet cars are displayed on the sales lot at Stewart Chevrolet on May 14, 2021 in Colma, California. Justin Sullivan | Getty Images General Motors expects the ongoing semiconductor chip shortage and rising inflation to increase its expenses during the second half of the year by up to $3 billion, CFO Paul Jacobson […]

Continue Reading

Break'n News - GM expects inflation, semiconductor shortage to add $3 billion in extra costs in second half

Brand new Chevrolet cars are displayed on the sales lot at Stewart Chevrolet on May 14, 2021 in Colma, California. Justin Sullivan | Getty Images General Motors expects the ongoing semiconductor chip shortage and rising inflation to increase its expenses during the second half of the year by up to $3 billion, CFO Paul Jacobson […]

Continue Reading

Travala launches decentralized home-sharing service — will it be the next Airbnb?

Pro-crypto travel booking agency Travala.com is releasing a decentralized property rental service. In a Wednesday announcement, Travala said it had partnered with former executives from Airbnb, Expedia, and other companies to launch Dtravel, a decentralized vacation rental platform that may serve as a competitor for sites like Airbnb and Vrbo. The platform is community governed […]

Continue Reading

Denmark sends emotional message to Christian Eriksen after star

COPENHAGEN — Ulrich Ammundsen was stunned and confused about what he had seen and what he was feeling and what he was supposed to do. Christian Eriksen, the star player for Denmark, had collapsed on the field just before halftime of the team’s game against Finland. Watching from the stands, Ammundsen saw the player crumple, […]

Continue Reading

Heat wave worsens across the American West, raising concerns of power outages and wildfires

People view the sun set as a child drinks from a water bottle on June 15, 2021 in Los Angeles, California as temperatures soar in an early-season heatwave. Frederic J. Brown | AFP | Getty Images An extreme heat wave gripping the western United States will intensify and spread this week, creating dangerous conditions amid […]

Continue Reading

Google must face shareholder lawsuit claiming it hid security risks

June 16 (Reuters) – A U.S. appeals court on Wednesday revived a lawsuit in which shareholders of Google parent Alphabet Inc (GOOGL.O) accused the company of fraudulently concealing security vulnerabilities, including in its Google+ social network. The 9th U.S. Circuit Court of Appeals in San Francisco said the lawsuit raised a “strong inference” that Alphabet’s […]

Continue Reading

DAOs in court? Curve Finance ponders enforcing license over rival Saddle

Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court.  Earlier today, a member of the Curve Finance community made a post in Curve’s governance forum titled “Enforce Curve’s IP Rights.” “Curve has proven incredibly popular, with over $10B deposited, hundreds of millions in daily volume, and around […]

Continue Reading