Lordstown Motors slashes production forecast for its electric pickup – TechCrunch

Lordstown Motors’ cash-rich SPAC dreams have turned out to be nothin’ more than wishes. The automaker reported Monday a disappointing first-quarter earnings that was a pile-up of red ink-stained negativity. Lowlights include higher-than-expected forecasted expenses, a need to raise more capital, and lower-than-anticipated production of its Endurance vehicle this year – from around 2,200 vehicles…

Lordstown Motors slashes production forecast for its electric pickup – TechCrunch

Lordstown Motors’ cash-rich SPAC dreams have turned out to be nothin’ more than wishes. The automaker reported Monday a disappointing first-quarter earnings that was a pile-up of red ink-stained negativity. Lowlights include higher-than-expected forecasted expenses, a need to raise more capital, and lower-than-anticipated production of its Endurance vehicle this year – from around 2,200 vehicles…

Lordstown Motors slashes production forecast for its electric pickup – TechCrunch

Lordstown Motors’ cash-rich SPAC dreams have turned out to be nothin’ more than wishes. The automaker reported Monday a disappointing first-quarter earnings that was a pile-up of red ink-stained negativity. Lowlights include higher-than-expected forecasted expenses, a need to raise more capital, and lower-than-anticipated production of its Endurance vehicle this year – from around 2,200 vehicles…

What To Do When Your Business Is Hacked

As businesses move to a remote workforce, hackers have increased their activity to capitalize on new security holes. Cybercriminals often use unsophisticated methods that continue to be extremely successful. These include phishing emails to harvest credentials and gain easy access to business-critical environments. Hackers are also using ransomware to hold your data hostage, demanding a…