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Boeing to cut 17,000 jobs
Sky News· 2024-10-12 07:35
Boeing will cut 17,000 jobs - 10% of its workforce - as the US plane maker deals with various issues across its business. Chief executive Kelly Ortberg told staff in an email on Friday that the cuts will include executives, managers and employees. He said the downsizing is necessary to "align with our financial reality" after an ongoing strike by 33,000 workers on America's West Coast halted production of its 737 MAX, 767 and 777 jets.The company said it will also delay the rollout of the new 777X plane to ...
British Google AI boss among trio of scientists awarded Nobel Prize
Sky News· 2024-10-09 14:18
Core Insights - Sir Demis Hassabis, along with Professor David Baker and Dr. John Jumper, has been awarded the Nobel Prize in Chemistry for their groundbreaking work in protein structure decoding and creation [1][2] - The prize is divided, with half awarded to Professor Baker for computational protein design and the other half shared between Sir Demis and Dr. Jumper for protein structure prediction [1][3] - The research has significant implications for drug development and other scientific advancements [1] Group 1: Award Details - The Nobel Prize is valued at 11 million Swedish krona, approximately £810,000 [3] - This award marks the second Nobel Prize related to artificial intelligence awarded in the same week, following honors in the physics category [3] Group 2: Contributions and Background - Sir Demis Hassabis is the CEO of Google DeepMind and has a background in computer science and cognitive neuroscience [1][2] - Professor David Baker is a professor at the University of Washington, while Dr. John Jumper is a senior research scientist [2] - The trio utilized artificial intelligence to predict the structure of nearly all known proteins, with Baker focusing on creating new proteins [2]
US officials threaten to break up Google
Sky News· 2024-10-09 08:57
Core Viewpoint - US officials are considering breaking up Google's "illegal monopoly" in internet searches, following a judge's ruling that the company violated anti-trust laws to maintain its dominance [1]. Group 1: Government Actions - The US Justice Department has proposed measures to dismantle Google's monopoly, including restrictions on its products like Chrome, Play Store, and Android [1]. - One proposal includes blocking Google from paying other tech firms to pre-install its search engine or set it as the default on new devices, with Google reportedly paying over $26 billion in 2021 for such arrangements [1]. - A Justice Department spokesperson emphasized the need to end Google's control of distribution both now and in the future [1]. Group 2: Company Response - Google has stated that the court filing is part of a "long process" and confirmed plans to appeal against the ruling [1]. - Lee-Anne Mulholland, Google's vice president of regulatory affairs, criticized the proposed changes as excessive and warned they could jeopardize user privacy and security, hinder AI development, and disrupt software like Android [2]. Group 3: Legal Developments - A separate ruling by Judge James Donato mandates that Google must allow greater competition in its app store, including enabling Android apps from rival sources [3]. - This ruling is part of an ongoing legal dispute between Google and Epic Games regarding in-app purchases [4].
Food container firm Tupperware files for bankruptcy
Sky News· 2024-09-18 14:10
Company Overview - Tupperware, a company known for its food storage containers, has filed for bankruptcy in the US, seeking approval to find a buyer as part of efforts to protect the brand [1][2] - Founded 78 years ago, Tupperware gained popularity through "Tupperware parties" in the 1960s and 70s, where products were sold in social gatherings [2][4] Financial Challenges - The company's financial position has been severely impacted by a challenging macroeconomic environment, leading to the decision to start bankruptcy proceedings as the "best path forward" after exploring various strategic options [3][2] - Tupperware's sales have been in steady decline since 2018, despite a temporary improvement during the early days of the COVID pandemic [5] Product Evolution - Tupperware has attempted to adapt by incorporating more sustainable materials into its product line, including glass and stainless steel, as well as using plastic waste [5] - The brand was originally developed as a solution to reduce food waste, but has struggled to compete with cheaper and more environmentally friendly alternatives in recent years [4]
Amazon tells staff to get back to the office five days a week
Sky News· 2024-09-17 10:36
Amazon has told its office workers they may no longer work from home except in extenuating circumstances.It comes as Jonathan Reynolds, the UK's business secretary, said flexible working contributes to productivity, employee resilience, and staff retention. Money blog: Is now a good time to buy an iPhone?Workers need to be judged on outcomes and "not a culture of presenteeism", Mr Reynolds told The Times.What's Amazon doing? Amazon has described the policy change as returning to the way it worked before th ...
Meta bans Russian state media networks from Facebook and Instagram over 'foreign interference'
Sky News· 2024-09-17 10:01
Instagram and Facebook owner Meta is banning RT and other Russian state media networks from its platforms over claims they carried out covert operations to influence social media users.The ban, which was announced on Monday, will block the accounts from Instagram, Facebook, WhatsApp and Threads users over the coming days. "After careful consideration, we expanded our ongoing enforcement against Russian state media outlets," said Meta, which already restricted activity from the accounts."Rossiya Segodnya, RT ...
Thousands of plane factory staff strike for first time in 16 years
Sky News· 2024-09-13 12:19
Workers at aircraft maker Boeing are to go on strike for the first time since the global financial crash, piling more pressure on the troubled company. Not since 2008 have workers gone on strike. More than 30,000 staff are to take part in industrial action at one of the US's largest exporters. Staff walked out on Friday after 95% of union members voted to reject a new contract offer from the company despite union leaders backing the deal and calling it the "best contract we've negotiated in our history".Mon ...
Apple to launch new tech at its biggest event of the year - but will it be enough to make you part with your cash?
Sky News· 2024-09-09 13:13
Apple is launching its latest iPhone in what is billed to be its biggest release of the year.As well as the iPhone 16 being rumoured to come in a new range of colours, it should also be capable of running Apple Intelligence, the company's new AI. Apple Intelligence will eventually be embedded throughout the phone and other Apple devices, changing the way users edit photos, respond to messages and ask questions.But will the new technology be enough to make cash-strapped consumers upgrade their phones? Image ...
NASA responds after 'strange noises' heard coming from faulty Boeing spacecraft
Sky News· 2024-09-03 11:28
Strange noises that were heard coming from the Boeing Starliner currently docked on the International Space Station (ISS) are not serious, says NASA.Astronaut Butch Wilmore, who has been stuck on the ISS with his colleague Suni since early July because of Starliner's problems, told mission control he could hear "strange" sounds coming from the spacecraft over the weekend. "I don't know what's making it," he said to his colleagues back on Earth.He asked them to "scratch your heads and see if you can figure o ...
Shooting fears spark mass panic at Disney World - but loud sound turns out to be 'popping balloon'
Sky News· 2024-08-30 14:21
Mass panic broke out at Disney World in Florida amid fears of a shooting - only for police to find it was a fight and a "popping balloon" that triggered the chaos.Visitors at the park posted accounts that people were running and children were crying during the confusion on Thursday night. But the Orange County Sheriff's Office looked into the reports and swiftly put them to rest, saying there was "no active shooter". X This content is provided by X, which may be using cookies and other technologies. To sh ...