Posted by msmash from Slashdot
From the closer-look department: Ford's electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall. From a report: Ford, like most automakers, has announced plans to shift from traditional gas-powered vehicles to EVs in coming years. But it is the only traditional automaker to break out results of its retail EV sales. And the results it reported Wednesday show another sign of the profit pressures on the EV business at Ford and other automakers.
The EV unit, which Ford calls Model e, sold 10,000 vehicles in the quarter, down 20% from the number it sold a year earlier. And its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the industry. That resulted in the $1.3 billion loss before interest and taxes (EBIT), and the massive per-vehicle loss in the Model e unit. A price war among EVs for about a year and a half has made profitability very difficult said Ford CFO John Lawler. He said while Ford has removed about $5,000 in cost on each Mustang Mach-E, "revenue is dropping faster than we can take out the cost." In 2023, Ford Model e reported a full-year EBIT loss of $4.7 billion on sales of 116,000 EVs, or an average of $40,525 per vehicle, just more than a third of the first quarter loss.
Posted by John Walker from Kotaku
Nintendo might be
stomping around the
internet,
crushing all
joy in its
path, but it still knows how to make a cracking game. Paper Mario: The Thousand Year Door was absolutely one of those, and is looking like it will be all over again in five minutes of new footage from this year’s upcoming remake.
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Posted by BeauHD from Slashdot
From the record-low department: An anonymous reader quotes a report from CNN: The fertility rate in the United States has been trending down for decades, and a new report shows that another drop in births in 2023 brought the rate down to the lowest it's been in more than century. There were about 3.6 million babies born in 2023, or 54.4 live births for every 1,000 females ages 15 to 44, according to provisional data from the US Centers for Disease Control and Prevention's National Center for Health Statistics. After a steep plunge in the first year of the Covid-19 pandemic, the fertility rate has fluctuated. But the 3% drop between 2022 and 2023 brought the rate just below the previous low from 2020, which was 56 births for every 1,000 women of reproductive age.
The birth rate fell among most age groups between 2022 and 2023, the new report shows. The teen birth rate reached another record low of 13.2 births per 1,000 females ages 15 to 19, which is 79% lower than it was at the most recent peak from 1991. However, the rate of decline was slower than it's been for the past decade and a half. Meanwhile, births continued to shift to older mothers. Older age groups saw smaller decreases in birth rates, and the birth rate was highest among women ages 30 to 34 -- with about 95 births for every 1,000 women in this group in 2023. Women 40 and older were the only group to see an increase in birth rate, although -- at less than 13 births for every 1,000 women -- it remained lower than any other age group.
Posted by Black Convoy from TFW2005
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Posted by BeauHD from Slashdot
From the evolutionary-history department: An international team of scientists used 1.8 billion letters of genetic code from more than 9,500 species covering almost 8,000 known flowering plant genera to create the most up-to-date understanding of the flowering plant tree of life. The research has been published in the journal Nature. Phys.Org reports: The major milestone for plant science, led by [Royal Botanic Gardens, Kew] and involving 138 organizations internationally, was built on 15 times more data than any comparable studies of the flowering plant tree of life. Among the species sequenced for this study, more than 800 have never had their DNA sequenced before. The sheer amount of data unlocked by this research, which would take a single computer 18 years to process, is a huge stride towards building a tree of life for all 330,000 known species of flowering plants -- a massive undertaking by Kew's Tree of Life Initiative.
The flowering plant tree of life, much like our own family tree, enables us to understand how different species are related to each other. The tree of life is uncovered by comparing DNA sequences between different species to identify changes (mutations) that accumulate over time like a molecular fossil record. Our understanding of the tree of life is improving rapidly in tandem with advances in DNA sequencing technology. For this study, new genomic techniques were developed to magnetically capture hundreds of genes and hundreds of thousands of letters of genetic code from every sample, orders of magnitude more than earlier methods. A key advantage of the team's approach is that it enables a wide diversity of plant material, old and new, to be sequenced, even when the DNA is badly damaged. The vast treasure troves of dried plant material in the world's herbarium collections, which comprise nearly 400 million scientific specimens of plants, can now be studied genetically.
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Posted by BeauHD from Slashdot
From the win-for-humanity department: Department of Transportation Secretary Pete Buttigieg announced new rules for the airline industry that will require airlines to automatically give cash refunds to passengers for canceled and significantly delayed flights. They will also require airlines to give cash refunds if your bags are lost and not delivered within 12 hours.
"This is a big day for America's flying public," said Buttigieg at a Wednesday morning news conference. According to Buttigieg, the new rules are the biggest expansion of passenger rights in the department's history. ABC News reports: Airlines can no longer decide how long a delay must be before a refund is issued. Under the new DOT rules, the delays covered would be more than three hours for domestic flights and more than six hours for international flights, the agency said. This includes tickets purchased directly from airlines, travel agents and third-party sites such as Expedia and Travelocity.
The refunds must be issued within seven days, according to the new DOT rules, and must be in cash unless the passenger chooses another form of compensation. Airlines can no longer issue refunds in forms of vouchers or credits when consumers are entitled to receive cash. Airlines will have six months to comply with the new rules.
The DOT said it is also working on rules related to family seating fees, enhancing rights for wheelchair-traveling passengers for safe and dignified travel and mandating compensation and amenities if flights are delayed or canceled by airlines. Buttigieg said the DOT is also protecting airline passengers from being surprised by hidden fees -- a move he estimates will have Americans billions of dollars every year. The DOT rules include that passengers will receive refunds for extra services paid for and not provided, such as Wi-Fi, seat selection or inflight entertainment.
Piggybacking off the popularity of the Amazon Prime series, Fallout 4 just received a next-gen update. While this will likely only make the game grow in popularity even more than it already has in the past few weeks, it may have a less-than-stellar impact on those playing the game with mods. It might, in fact, break… 
I don’t know that many folks expected Helldivers 2 to be one of the biggest games of the year. Massive games like Final Fantasy VII Rebirth, even Palworld, have come and gone in about the same time, but everyone still seems to be playing Helldivers 2 months after release. And for at least one person, that ubiquity is… 
Gears of War has been dormant for a fair while. The last mainline game in Xbox’s much-beloved third-person shooter series was 2019’s Gears 5. Developer The Coalition also put out the strategy game Gears Tactics alongside Splash Damage in 2020, but in terms of a new shooter, things have been quiet for almost half a… 
While Epic Games’ now ubiquitous battle royale shooter Fortnite may dominate the genre, it was PlayerUnknown’s Battlegrounds that started the trend. Originally released in 2013 as a mod for military shooter Arma 2 and its sequel Arma 3, the full game was released in 2017 mere months before Fortnite followed in its… 
We’re just a few days out from the much-anticipated Early Access launch of the current most Wishlisted game on Steam: Manor Lords. But despite the hype, no one knows how much the medieval city-builder will cost to play. The devs say that’s to prevent misinformation and pre-order scams. 
