Qantas enjoyed a record profit last year but it also enraged once-loyal Australians through astronomical ticket prices and allegedly selling seats for already cancelled flights. Jeering Qantas shareholders voted down…
Tag: business
Disney to complete takeover of Hulu with $8.6 bn deal
Disney has completed its takeover of the Hulu streaming service. The Walt Disney Company on Wednesday announced it will buy Comcast’s $8.6 billion stake in Hulu, completing its takeover of…
DoorDash orders surge 24% in the third quarter, helping the company narrow its losses
The DoorDash app is shown on a smartphone on Feb. 27, 2020, in New York. DoorDash reports earnings on Wednesday, Nov. 1, 2023. Credit: AP Photo, File DoorDash on Wednesday…
Nokia sues Amazon in US, India over video patents
Credit: Unsplash/CC0 Public Domain Finnish telecom giant Nokia said Tuesday it is suing Amazon in five global jurisdictions, including the United States and India, over patent infringements on video-related technologies.…
Ex-Amazonian critical of return-to-office mandate says she was forced out
Credit: Unsplash/CC0 Public Domain Standing outside Amazon’s Seattle headquarters in May, Pamela Hayter told her colleagues she wasn’t nervous. “We’re here today because it’s the right thing to do,” the…
Samsung Electronics says Q3 operating profits down 77.57%
Samsung on Tuesday reported that operating profits were down nearly 80 percent for the third quarter. South Korea’s Samsung Electronics said Tuesday that its operating profits for the July to…
New index rates transparency of ten foundation model companies, and finds them lacking
Credit: Stanford University Companies in the foundation model space are becoming less transparent, says Rishi Bommasani, Society Lead at the Center for Research on Foundation Models (CRFM), within Stanford HAI.…
Subscription plan promises boosted replies at X, formerly Twitter
The addition of a $16 per month susbscription tier at X, formerly known as Twitter, comes on the one year anniversary of Elon Musk buying the social media platform for…
1 year later, X struggles with misinformation, advertising and usage decline
Workers install lighting on an “X” sign atop the company headquarters, formerly known as Twitter, in San Francisco, on July 28, 2023. One year ago, Elon Musk began transforming the…
As photovoltaic market evolved in the last year, prices went up, prices went down
The inflation-adjusted cost benchmark rose in 2023 for utility-scale PV systems but fell for residential PV systems owing to recent trends in network upgrade costs, Inflation Reduction Act manufacturing tax…
