Boeing to face civil trial over 2019 MAX crash
Beleaguered aviation giant Boeing is set to confront another hurdle next week when it faces a civil trial over the March 2019 Ethiopian Airlines crash that killed 157 people. The trial, scheduled for federal court in Chicago, originally included six plaintiffs, but “all but one” have settled, a person close to the litigation told AFP […]
Sony quarterly net profit jumps but forecast unchanged
Sony’s net profit jumped in the second quarter thanks to stronger sales in gaming, music and imaging sensors, the PlayStation maker said Friday but left its annual profit forecasts unchanged. The yen’s weakness against the dollar and euro had a positive impact on takings in those key sectors, the Japanese conglomerate added. However, Sony Pictures […]
Plus Media: The Record Label Elevating Cuban Culture to the Global Stage
Plus Media, a young record label based in Miami with its own distribution capabilities, has been revolutionizing the Latin music market since its inception just a year and a half ago. Led by CEO Maykel Barzagas, an engineer and producer awarded multiple Latin Grammys, the company boasts a highly experienced team with a deep commitment […]
Layoffs in the technology sector reach a new high
As layoffs continue to shake the technology sector, a new report reveals the tech companies that have slashed the most jobs in 2024 so far. Data shows that in the UK, at least 6,036 employees in tech companies have lost their jobs since January. The firm BestBrokers has aggregated data on layoff announcements from global gaming companies using TrueUp, an IT […]
OpenAI releases ChatGPT search engine, taking on Google
OpenAI on Thursday beefed up its ChatGPT generative AI chatbot with search engine capabilities, as the startup takes on Google’s decades-long dominance of web search. The upgrade enables users to receive “fast, timely answers” with links to relevant web sources –- information that previously required using a traditional search engine, the company said. The significant […]
Lj Northington: Revolutionizing Fashion Tech And Ushering In A New Paradigm In Personalized AI Algorithms
In the dynamic intersection of fashion and technology, Lavance “Lj” Northington Jr. stands out as a true visionary. His journey from Harvard quarterback to the founder of Aesthetic, an AI-powered shopping platform, is not just a story of personal transformation but a glimpse into the future of personalized technology. From Gridiron to Grid Computing Growing […]
US Fed’s favored inflation gauge cools in September
Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales. The tech giant saw quarterly revenue of $94.9 billion in the three months ending September 28, up from the same period last year, in a closely watched report as investors […]
EU adopts extra tariffs of up to 35.3% on Chinese EVs
The EU on Tuesday decided to slap hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing’s support to local manufacturers was unfair. The extra taxes have been controversial, with strong opposition from Germany and Hungary amid fears of provoking China’s ire and setting off a bitter trade war. Beijing slammed the European Union’s […]
Google reports strong growth driven by AI, Cloud
Google’s parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services. The technology giant’s net income surged 34 percent to $26.3 billion, while earnings per share increased 37 percent to $2.12. Operating margins […]
Tesla shares jump as profits rise on lower expenses
Tesla shares surged Wednesday after the electric car maker reported a jump in profits, as increased auto sales and lower expenses offset the drag from a drop in vehicle prices. The company, led by Elon Musk, reported third-quarter profits of $2.2 billion, up 17 percent from the year-ago period on an eight-percent increase in revenues […]
