July 3, 2024

Fisker Seeks Approval to Sell 3,321 Ocean Electric SUVs Amid Bankruptcy Proceedings

6 months ago

Key Points: Fisker has asked for a bankruptcy judge's approval to sell 3,321 Ocean electric SUVs to American Lease for $46.25 million. The EV startup filed for Chapter 11 bankruptcy last month, facing logistics issues and significant cash depletion. Fisker reduced prices of some Ocean SUV variants from around $70,000 to approximately $25,000 to raise capital. American Lease expanded its offer to purchase all 3,321 vehicles to support the city's mandate for a zero-emission rideshare fleet by 2030. Fisker Inc....

Latest July 3, 2024

Nanoscale Surface Modifications: Enhancing Functionality and Performance

by EDITORIAL TEAM

6 months ago

In materials science and engineering, nanoscale surface modifications represent a cutting-edge approach to tailoring the properties of surfaces at the atomic and molecular levels. These modifications involve the application of nanomaterials, coatings, or surface treatments to enhance functionality, durability, and performance across various applications. From biomedical implants to electronic devices, nanoscale surface modifications offer unprecedented control over surface properties, opening...

Indonesian President Orders Audit Following Major Ransomware Attack

Lockbit Ransomware Breaches Evolve Bank & Trust, Exposing Affirm Customer Data

by EDITORIAL TEAM

6 months ago

Key Points: Lockbit ransomware group breached Evolve Bank & Trust, exposing confidential data. Affirm acknowledged customer data exposure due to the breach. The breach occurred in late May after an Evolve employee clicked on a malicious link. Personal and financial information was accessed. Evolve contained the breach, did not pay the ransom, and relied on backups to minimize impact. Evolve...

Machine Learning: Facts and Views

by EDITORIAL TEAM

6 months ago

Machine learning, a subset of artificial intelligence (AI), has appeared as a powerful technology that can revolutionize various industries by enabling systems to learn and improve from experience. This article explores the intricacies of machine learning, examining its principles, applications, and the perspectives surrounding its development and implementation. Machine Learning: Facts Understanding the foundational facts surrounding machine learning is essential...