Lennar (LEN) reported a slowdown in new home orders in its fourth-quarter as the housing market remains in correction mode. Lennar said this week new home orders dipped 15% year-over-year in the fourth quarter, reaching 13,200 homes, beating estimates for 12,854 to be delivered. The homebuilder posted quarterly results that topped Wall Street expectations, with earnings per share coming at $5.02 compared to $4.89 consensus estimates compiled by Bloomberg. Revenue in the quarter totaled to… Source link
Read More »Homebuilder Lennar guards against ‘inventory overhang’ as housing market slowdown continues
Lennar (LEN) reported a slowdown in new home orders in its fourth-quarter as the housing market remains in correction mode. Lennar said this week new home orders dipped 15% year-over-year in the fourth quarter, reaching 13,200 homes, beating estimates for 12,854 to be delivered. The homebuilder posted quarterly results that topped Wall Street expectations, with earnings per share coming at $5.02 compared to $4.89 consensus estimates compiled by Bloomberg. Revenue in the quarter totaled to… Source link
Read More »Google Warns Red Team Hackers Not To Chloroform The Security Guards
Google has released a documentary video series on YouTube called Hacking Google. No, it’s not a masterclass in breaching security defenses at Google, but rather an insight into how security teams within Google protect the business from cyber attacks: the Threat Analysis Group, Project Zero, and the Red Team. The latter actually does hack Google, or attempt to, using the same techniques that real attackers would. There are six episodes in all, none of which run for longer than 20… Source link
Read More »Video shows workers at an Apple and Tesla plant in Shanghai clashing with security guards over fears of an onsite COVID lockdown
Workers at an Apple supplier in Shanghai are operating under a “closed loop” system where they work, live, eat, and sleep onsite.Qilai Shen/In Pictures via Getty Images Images Videos show workers at an Apple and Tesla plant in Shanghai clashing with quarantine officials. The workers were said to be frustrated with onsite COVID-19 measures. The clash underscores the frailty of Shanghai’s plans to reopen its factories amid strict lockdowns. More than a hundred workers at a major Apple and Tesla… Source link
Read More »SpaceX threatened with arrests as local authorities in Texas warn it may have committed a crime by using private security guards to block public roads
SpaceX has had repeated run-ins with local authorities and residents stemming from its spaceport in Boca Chica, Texas. Loren Elliott/Getty Images Texas officials warned SpaceX it might have committed crimes by closing public roads, KGRW reported. In a letter, Cameron County DA Luis Saenz accused SpaceX of knowingly ignoring previous warnings. Saenz called the conduct “unacceptable” and threatened arrests for future violations. Sign up for the 10 Things in Tech daily newsletter. Local authorities… Source link
Read More »Bulls’ ex-security guard’s 6 rings sell for $255,840
A security gaurd’s six championship rings from the Chicago Bulls 1990s dynasty sold at auction this week for a combined $255,840. They belonged to former Bulls security guard John Capps, who worked for the organization for 52 years. His close relationship with Michael Jordan was featured in “The Last Dance” on ESPN earlier this year. Bulls championship rings sell for $255K The rings were part of Huggins & Scott Auction and were up for auction individually starting at $5,000 each. The… Source link
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