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Boeing whistleblower John Barnett found dead days after testifying against company: report
Fox Business· 2024-03-12 00:35
The whistleblower that publicly raised doubts about Boeing's production standards was reportedly found dead, South Carolina officials said. The Charleston County Coroner's Office told the BBC that John Barnett, 62, died from a self-inflicted wound on Saturday. According to the BBC, Barnett was cross-examined by Boeing's lawyers and his own attorney days before he died.The court planned for Barnett to answer more questions on Saturday, but he did not appear as planned.  The BBC reported that he was later fou ...
Google fires employee who interrupted tech conference with anti-Israel rant: 'Not okay'
Fox Business· 2024-03-10 03:05
The Google employee who interrupted a tech conference by unleashing an anti-Israel rant and accusing his company of "power[ing] genocide" has been terminated, FOX Business has learned. The disruption happened at New York City's "Mind the Tech" conference on Monday. Google Israel managing director Barak Regev was giving a lecture at the time.The employee, whose name was not released by Google, abruptly interrupted Regev's speech to reference the war between Hamas and Israel. The conflict began on Oct. 7, aft ...
Eli Lilly's campaign seeks to resolve weight-loss drug misconceptions
Fox Business· 2024-03-09 21:11
Pharmaceutical giant Eli Lilly and Company is trying to clear up misconceptions about obesity care as it increases investment in its highly popular weight-loss drugs.  With the latest phase of Lilly's "Get Better" campaign, the company aims to focus the importance of obesity treatment as a disease, and the appropriate use of anti-obesity medications. These drugs have surged in popularity in recent years, due in part to social media and countless celebrities, such as Elon Musk having touted their weight-loss ...
Boeing 737 Max incident under investigation over 'stuck' rudder pedals
Fox Business· 2024-03-08 16:36
Federal officials are investigating another incident involving a Boeing 737 Max jet after pilots reported issues with the rudder pedals after landing in New Jersey last month. On February 6, a 737 Max 8, operated by United Airlines, "experienced ‘stuck’ rudder pedals during the landing rollout at Newark Liberty International Airport," according to a preliminary report from the National Transportation Security Board (NTSB). The rudder controls the yaw motion of an aircraft.BOEING MANAGEMENT, EMPLOYEES HAD 'D ...
United to slow pilot hiring due to Boeing certification, manufacturing delays
Fox Business· 2024-03-07 18:56
United Airlines is temporarily pausing pilot hiring in the coming months due to new aircraft certification and manufacturing delays at Boeing.  In a Thursday memo sent to pilots, Marc Champion, vice president of flight operations, and Kirk Limacher, vice president of flight operations, planning and development, said the airline will pause new hire classes in May and June. The company plans to resume those classes in July, given that "United Aviate and United Military Pilot Program participants remain a top ...
Former Google engineer indicted for stealing AI secrets to aid Chinese firms
Fox Business· 2024-03-06 23:57
A former Google software engineer was indicted in California on Tuesday on charges of stealing trade secrets related to artificial intelligence (AI) technologies that he took to benefit a pair of companies based in the People's Republic of China (PRC). Linwei Ding, also known as Leon Ding, was charged with four counts of trade secret theft for transferring Google's trade secrets and other confidential information to Chinese companies. Ding, 38, began working for Google in 2019 and worked on the tech giant's ...
Apple escalates Epic Games feud by blocking Fortnite app in EU
Fox Business· 2024-03-06 23:35
Apple escalated its feud with Epic Games on Wednesday, blocking the Fortnite video-game maker from launching its own online marketplace on iPhones and iPads in Europe. The two companies have been in a legal battle since 2020, when the gaming firm alleged that Apple's practice of charging up to 30% commissions on in-app payments on its iPhone Operating System (iOS) devices violated U.S. antitrust rules. The latest challenge from Epic comes as Apple struggles with concerns about tepid demand for its iPhones i ...
Google's Gemini debacle a make-or-break moment, analyst says
Fox Business· 2024-03-06 20:55
The bungled rollout of Google's new artificial intelligence tool Gemini could end up being either a curse or a blessing for the Alphabet-owned tech giant, according to an analyst who owns the stock. Seeking Alpha analyst Steven Fiorillo wrote in an assessment published Wednesday that Gemini will either be Google's "destruction or its resurrection" after a series of public failures by the model led the company to pull the plug on some features and vow to fix it. Fiorillo expressed his disappointment in the b ...
Apple iPhone sales in China plummet 24% as Huawei smartphone sales surge
Fox Business· 2024-03-05 22:45
Apple is having a rough start to the year for its iPhone sales in China, where sales were down 24% year-over-year in the first six weeks, according to a new report from research firm Counterpoint. The analysts said the drop can mostly be attributed to stiff competition in the market, especially from China's Huaweii, which saw sales of its smartphones surge 64% over the same period compared to a year ago. "Primarily, [Apple] faced stiff competition at the high end from a resurgent Huawei while getting squeez ...
Target launches new paid membership program
Fox Business· 2024-03-05 21:05
Target is launching a paid membership program next month in a bid to boost revenue and market share as consumers remain cautious about spending.   The new program, called Target Circle 360, will effectively compete with Amazon's Prime and Walmart Plus. Target added several upgrades to the existing Circle program and Circle credit card.With Target 360, members will get free two-day shipping and the ability to deliver it to their door, or someone else's. They will also get same-day delivery from Target’s deli ...