Nubank reported a net profit of $378.8 million in the first quarter of 2024, marking a 167% increase from the same period last year. Despite this impressive growth, the figure fell short of the $404.8 million analysts had projected. Compared to the previous quarter, the net profit grew by nearly 5%. The company’s revenue hit […]
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800,000 VW electric vehicle owners’ data exposed by software bug
German automaker Volkswagen isn’t having a great time. The company is planning to cut capacity at five factories, reducing production by about 700,000 vehicles, while also laying off more than 35,000 workers in its home country. Now, reports suggest the company had a massive data leak at its subsidiary software company Cariad, which exposed personal […]