GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion.
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion.
After 50 years of research and development, General Motors is closing its Cold Weather Development Centre in Kapuskasing, Ont., saying the work done at the facility has become “redundant.”
Wall Street analysts expect a drop in Tesla’s third-quarter margins after it boosted incentives to juice sales of its aging core vehicles, the Model Y crossover and Model 3 sedan.
Elon Musk has been sued over ‘Blade Runner’ imagery. The production company filed a lawsuit accusing Tesla CEO Elon Musk of copyright infringement, saying it specifically declined to grant permission to use the images.
By JAMES POLLARD
NEW YORK (AP) — New GoFundMe tools will make it easier to circulate causes across online platforms in a push to cater toward younger generations.
The crowdfunding site hopes to meet digital natives in the online spaces where they frequently advocate, streamlining the donation experience to encourage more charity and connecting traditional nonprofits with a demographic that prefers direct contributions over institutional giving. Among the features rolling out this fall are fundraising widgets for video game streamers, personalized profiles to highlight users’ philanthropic interests and an integrated button on Instagram to donate.
“We play a really important role helping people ask for help and give help in the world,” GoFundMe CEO Tim Cadogan told The Associated Press. “We want to make sure that people can carry that with them, and communicate and express that, in the places where they spend time.”
The products reflect the for-profit company’s internal recognition that Gen Z’s habits make social media an untapped source to drive charitable contributions. Gen Z respondents ages 18-26 are much more likely than older people to regularly share causes or fundraisers on their accounts, according to a survey led this summer by GoFundMe. Half reported doing so at least once a week and 41% said social media content compelled them to research or support a cause.