Luxury EV startup Lucid Motors changed its yearly production target again, lowering it to an expected output of between 6,000 and 7,000 vehicles, the company announced today. That’s only a fraction of the 20,000 cars that Lucid initially promised to deliver in 2022. The Tesla competitor has only produced 1,405 vehicles so far this year, giving it a mere four months to build thousands of new cars.
Supply chain woes and a shortage of parts and raw materials are to blame for the slow output, the company claims. In a call with investors, the California-based company’s CEO Peter Rawlinson said it is planning a number of structural changes to amp up production. "Our revised production guidance reflects the extraordinary supply chain and logistics challenges we encountered," said Rawlinson. "We've identified the primary bottlenecks, and we are taking appropriate measures – bringing our logistics operations in-house, adding key hires to the executive team, and restructuring our logistics and manufacturing organization."
On top of ongoing production struggles, this May the company was forced to recall all of its 2022 Air EVs due to wiring issues — a total of over 1,000 cars. Such challenges haven't appeared to impact demand for the luxury vehicles. So far, there have been 37,000 reservations for Lucid Motor’s all-electric sedan, the Lucid Air, the company disclosed in the . On top of that, Lucid plans to sell over 100,000 cars to the government of Saudi Arabia — which poured over into the company and owns a 62 percent stake.
The FBI appears to have been used as a pawn in a fight between hackers and security researchers. According to Bleeping Computer, the FBI has confirmed intruders compromised its email servers early today (November 13th) to send fake messages claiming recipients had fallen prone to data breaches. The emails tried to pin the non-existent attacks on Vinny Troia, the leader of dark web security firms NightLion and Shadowbyte.
The non-profit intelligence organization Spamhaus quickly shed light on the bogus messages. The attackers used legitimate FBI systems to conduct the attack, using email addresses scraped from a database for the American Registry for Internet Numbers (ARIN), among other sources. Over 100,000 addresses received the fake emails in at least two waves.
The FBI described the hack as an "ongoing situation" and didn't initially have more details to share. It asked email recipients to report messages like these to the bureau's Internet Crime Complaint Center or the Cybersecurity and Infrastructure Security Agency. Troia told Bleeping Computer he believed the perpetrators might be linked to "Pompomourin," a persona that has attacked the researcher in the past.
Feuds between hackers and the security community aren't new. In March, attackers exploiting Microsoft Exchange servers tried to implicate security journalist Brian Krebs using a rogue domain. However, it's rare that they use real domains from a government agency like the FBI as part of their campaign. While that may be more effective than usual (the FBI was swamped with calls from anxious IT administrators), it might also prompt a particularly swift response — law enforcement won't take kindly to being a victim.
These fake warning emails are apparently being sent to addresses scraped from ARIN database. They are causing a lot of disruption because the headers are real, they really are coming from FBI infrastructure. They have no name or contact information in the .sig. Please beware!
— Spamhaus (@spamhaus) November 13, 2021
Drones are apparently turning into assassination tools. According to CBS News and Reuters, Iraqi Prime Minister Mustafa al-Kadhimi says he survived a drone-based assassination attempt today (November 7th) at his home in Baghdad's highly secure Green Zone. The country's Interior Ministry said the attack involved three drones, including at least one bomb-laden vehicle. Six bodyguards were injured during the incident, and an official speaking talking to Reuters claimed security forces obtained the remnants of a small drone at the scene.
While the Iraqi government publicly said it was "premature" to identify culprits, CBS sources suspected the perpetrators belonged to pro-Iranian militias that have used similar tactics against Erbil International Airport and the US Embassy. The militias directly blamed al-Kadhimi for casualties in a fight between Iraqi security forces and pro-militia protesters who objected to their side's losses in an October 10th parliamentary vote.
Iraq, the US, Saudi Arabia and Iran have publicly condemned the attack. Militia leaders, however, suggested the drone attack might have been faked to distract from protesters' reported deaths.
Drone-based terrorism isn't a completely novel concept. ISIS, for instance, modified off-the-shelf drones to drop explosives. Attacks against political leaders are still very rare, though. If accurate, the reported Iraqi plot suggests drone terrorism is entering a new phase — extremists are using robotic fliers to hit major targets too dangerous to strike using conventional methods.
A last burst of leaks before the Pixel 6 launch date reveals a surprisingly cheap entry as Google focuses on aggressive pricing.
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We’ve got another robot vacuum deal for you today in the form of the RoboVac 35C from Eufy that will both increase your relaxation time and save you $ 150. This means you are getting a smart vacuum that can be controlled via an app on your smartphone for half its regular price from Target. Able […]
Come comment on this article: [Deal] Grab the Eufy RoboVac 35C for just $ 149.99 from Target
In September, the Indian Space Research Organization (ISRO) lost contact with its Vikram lander as it was making its descent to the lunar surface. If you were one of the people who guessed that Vikram crashed, you are correct. In a report to lawmaker…
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It’s pretty rare for Facebook to ever be in the news for a good reason, and this time it’s because the social media/data harvesting company has confessed to using user phone numbers to target people with advertisements. Normally not a huge deal, but in this instance they were using numbers from 2FA systems to send […]
Come comment on this article: Facebook used phone numbers from two-factor authentication to target users with ads
Facebook is still determined to reassure jittery users in the wake of the Cambridge Analytica data sharing scandal, and that now includes restricting what advertisers can do. The social network is closing down a Partner Categories service that let t…
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When 2017 opened, Xiaomi was getting over the bump in the road that 2016 had been for the company. Like so many technology companies, Xiaomi succeeded in generating a lot of buzz when they first launched and translated that early success into positive financial results. As they transitioned out of their start up phase though, […]
Come comment on this article: Xiaomi surges past 2017 revenue target setting up for IPO bid
After it becomes official next week, buyers of the Samsung Galaxy S8 are going to have various incentives to pre-order the phone. Target, one of the largest retailers in the United States, plans on going all-out for buyers who pre-order Samsung’s 2017 flagship. A leak of an upcoming advertisement tells us what they’ll give anyone […]
Come comment on this article: Target circular exposes Samsung Galaxy S8 pre-order bonuses
WhatsApp users should tread carefully. Hackers are now using the messaging platform to send viruses through legit-looking Word documents. Two viruses have been identified in India, a hotbed of low-end Android devices.
The post Hackers are now using WhatsApp to target unsuspecting users appeared first on Digital Trends.
Now that the election is over, the Russian teams of hackers suspected of breaking into the Democratic Party's systems have reportedly launched a new phishing attack on US political think tanks and non-government organizations. Incident response firm…
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Sgnl is a wearable wristband, complete with a built-in microphone, which channels sound waves up your finger and directly into your ear. And, boy, has it ever proven popular on Kickstarter.
The post Finger phone gadget smashes Kickstarter target in hours appeared first on Digital Trends.
A new system being developed in Japan identifies vehicles by make and model and displays highly targeted ads. In testing, vehicle identification was accurate 94 percent of the time. Billboard companies expect to charge more for targeted ads.
The post Smart billboards will identify car models and target ads to drivers appeared first on Digital Trends.
Now that you (or your parents) can buy an Anova immersion circulator at Target and Best Buy, will sous vide cooking finally go mainstream? Here are a few reasons it might.
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Alphabet reported their 2016 first quarter financial results this past week. Although revenues were up compared to a year ago rising 17%, they did miss Wall Street expectations by the slimmest of margins coming in at $ 20.3 billion versus an expected $ 20.4 billion. Google Inc. still makes up the overwhelming portion of the Alphabet portfolio, but the company’s “moonshot” segments are getting capital support to keep them growing.
For Google Inc., the company breaks things down between the advertising business and all other businesses. If you want to understand why Google positions services and platforms to capitalize on advertising revenue streams, just realize that ad driven revenues accounted for 90% of the $ 20.1 billion in revenue for the quarter. That is a big reason why Google continues to invest in technologies like machine learning and natural language processing in order to ultimately deliver better ads. The remaining 10% is primarily sales through Google Play and other cloud services.
Google indicated advertising driven revenues increased thanks to growth in mobile search. Other Revenues also grew, by a healthy 24% year-over-year, thanks to growth in cloud enterprise businesses. A part of that positive result may be due to long-time rival Apple moving part of its data cloud from Amazon to Google.
Google’s other segments include all of the smaller businesses, sometimes referred to as “moonshots” that have been added to the portfolio. The biggest of these are Nest, Verily and Fiber which produce 99% of the revenue generated by these “Other Bets” companies. For the first quarter, these companies produced $ 166 million in revenue, a sizable 108% increased compared to a year earlier. However, that positive growth is offset by increases in spending, the majority of which was capital spending to build out Google Fiber infrastructure.
Alphabet and Google CFO Ruth Porat noted in a conference call that the pressure is on the various “moonshot” divisions to meet their milestones during 2016. She also indicated that the company is evaluating the portfolio of teams that may be working on similar projects or technologies to determine whether it is really appropriate to continue in an “anything goes” manner.
In response to just barely missing forecasts, the share price for Google stock fell by about 5%. Analysts think the stock was priced for “perfection” and when the company did not quite achieve that, the market responded negatively. However, other analysts noted that there is “nothing wrong with this company” and the swing was perhaps a bit more dramatic than it should have been.
Come comment on this article: Alphabet Q1 2016 revenue up but misses Wall Street target
Chinese mobile giant Xiaomi has missed its sales target for 2015 by 10 million units, but still managed a 14 percent growth in sales. While it is not a bad sign, it is much smaller than the massive surge in popular Xiaomi noticed in 2014.
The post Xiaomi misses 2015 sales target, still manages to sell 70 million phones appeared first on Digital Trends.
Fitbit wants to make a jump into the corporate work, receiving HIPAA compliance to view employee’s health information. Target plans to implement a fitness program for its 335,000 employees using Fitbit technology.
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Target's legal woes continue to mount over its now-infamous data breach in 2013, which exposed the credit card numbers and personal information for as many as 70 million shoppers. A District Court judge in Minnesota ruled on Wednesday that Target w…
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