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Disney reports streaming profit but parks under strain
TechXplore· 2024-08-07 14:41
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Disney said it turned a profit on its combined streaming business for the first time, and a quarter ahead of schedule. Disney reported Wednesday better revenues than anticipated in the most recent quarter, atop a first profit in its streaming business, but its theme parks are coming under pressure. The mixed picture drove its ...
A judge has branded Google a monopolist, but AI may bring about quicker change in internet search
TechXplore· 2024-08-07 08:03
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Google sign is shown over an entrance to the company's building in New York on Sept. 6, 2023. Credit: AP Photo/Peter Morgan, File A federal judge has branded Google as a ruthless monopolist bent on suffocating it competitors. But how do you go about creating alternatives to a search engine that's synonymous with internet exp ...
Microsoft hits back at Delta after the airline said last month's tech outage cost it $500 million
TechXplore· 2024-08-07 08:00
Core Viewpoint - Microsoft and CrowdStrike are responding to Delta Air Lines' claims that a technology outage caused by their systems led to thousands of canceled flights and a financial loss of $500 million for Delta [1][2]. Group 1: Company Responses - Microsoft asserts that Delta's key IT system is likely serviced by other technology companies, not Microsoft Windows, and describes Delta's claims as "incomplete, false, misleading, and damaging" to its reputation [1][2]. - CrowdStrike has also contested Delta's assertions, indicating that Delta declined offers for assistance during the outage [2]. Group 2: Financial Impact - Delta's CEO Ed Bastian stated that the technology outage resulted in a financial impact of $500 million for the airline [2]. - Delta highlighted its significant investment in IT, noting "billions of dollars in IT capital expenditures" since 2016, along with substantial annual IT costs [2]. Group 3: Communication Breakdown - Microsoft’s CEO Satya Nadella attempted to reach out to Delta's CEO during the outage, but there was no response from Delta [2].
US officials press for answers on Boeing emergency on Alaska Airlines
TechXplore· 2024-08-06 17:32
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A two-day hearing is set to investigate what happened on a January 5 Alaska Airlines flight during which a panel on the fuselage of a 737 MAX blew out mid-flight. US transportation officials on Tuesday began a two-day hearing into a near-catastrophic January incident on a Boeing 737 MAX operated by Alaska Airlines that required ...
Is Google a monopoly? Landmark antitrust ruling—and new research—show that it is
TechXplore· 2024-08-06 16:10
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Google has been found guilty of violating antitrust law. Northeastern University researchers looked at Google's own argument—and still found the tech giant dominates nearly every part of the search market. In what could be the most significant ruling in antitrust law of the modern era, a fede ...
Apple's shift to AI is poised to soften blow from Google ruling
TechXplore· 2024-08-06 13:49
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Google's defeat in an antitrust suit filed by the Justice Department has cast a shadow over partner Apple Inc., which generates roughly $20 billion a year in payments from the internet search giant. Apple shares slipped almost 5% on August 5 after a judge ruled that Google's payments to devic ...
Hearing to probe Alaska Airlines emergency on Boeing jet
TechXplore· 2024-08-06 08:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A two-day hearing is set to investigate what happened on a January 5 Alaska Airlines flight in which a panel on the fuselage of a 737 MAX blew out mid-flight. US investigators will on Tuesday open a two-day hearing into a near-catastrophic January incident on a Boeing 737 MAX operated by Alaska Airlines that required an emergenc ...
Key moments in Boeing's difficult history with the 737 MAX
TechXplore· 2024-08-06 08:40
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Boeing's quality control practices will be placed under a microscope this week at a two-day National Transportation Safety Board hearing investigating a January Alaska Airlines flight on a 737 MAX. Representatives of Boeing, supplier Spirit AeroSystems and the Federal Aviation Administration ...
US judge rules Google is monopoly in key anti-trust case
TechXplore· 2024-08-06 08:24
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Several months of testimony saw Google CEO Sundar Pichai and other top executives take the stand. A US judge on Monday handed Google a major legal blow, ruling in a landmark anti-trust case that it has maintained a monopoly with its dominant search engine. The court decision against a "big tech" giant could alter how the secto ...
Meta just launched the largest 'open' AI model in history—here's why it matters
TechXplore· 2024-08-03 16:10
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Julio Lopez from Pexels In the world of artificial intelligence (AI), a battle is underway. On one side are companies that believe in keeping the datasets and algorithms behind their advanced software private and confidential. On the other are companies that believe in allowing the public to see what's under the hood of ...