Delta Air Lines CEO Ed Bastian announced that a recent IT outage caused by a faulty CrowdStrike software update resulted in a $500 million loss for the airline and over 4,000 canceled flights.
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Tesla Car Involved in Fatal Crash in Seattle Was Using ‘Full Self-Driving’ Mode: Police
The crash led to the death of 28-year-old motorcycle rider Jeffrey Nissen. A Tesla Model S car that was involved in a crash that killed a motorcyclist in the Seattle area in April was operating in "Full Self-Driving" mode at the time of the incident, police said.
Meta Agrees to $1.4 Billion Settlement With Texas Over Facebook Images, Privacy Violations
The lawsuit accused Meta of illegally collecting the biometric information of millions of Texans without consent.
Boeing Names Robert Ortberg As New CEO Following Plea Deal and $1.4 Billion Loss
Aerospace industry veteran, Robert "Kelly" Orberg is Boeing's new CEO, effective August 8, 2024, replacing David Calhoun after a $1.4 billion loss in the second quarter and ongoing regulatory issues.
TikTok HQ in Singapore Reports Food Poisoning Incident After 60 Staff Fell Ill
Dozens of ByteDance employees in Singapore were hospitalized for severe food poisoning, prompting an investigation by health officials into the third-party catering service used by the company.
Latest News
Microsoft said that it would increase its spending on developing its artificial intelligence infrastructure despite a slowed growth in its cloud business.
Intel announced that it was making thousands of jobs redundant in order to reduce costs and to be able to afford an ambitious effort to rebound from an earnings slump and recent weak market share performances.
The founders of iDeare Inc., Andrea Dattilo (CEO) and Jeff Esposito (COO), knew there had to be a better way for homeowners and designers to complete remodeling projects.
The coffee giant's global sales dropped by 3% at all stores open for at least a year. Starbucks' sales tumbled globally as more US and international consumers rejected its high-priced coffees.
The Tesla analyst noted that he had to intervene on several occasions to avoid a crash during the test drive.
The date a retiree receives their Social Security payments changes depending on their birthday and when they started receiving their benefits.
PayPal raised its 2024 profit forecast for the second time this year due to strong performance in its branded checkout business, resulting in a 9% rise in shares, despite increased competition from tech giants.
China is turning to supercomputing to boost its AI capabilities in response to U.S. sanctions on advanced semiconductors and GPUs, which are crucial for developing large language models (LLMs).
Procter & Gamble's earnings beat expectations, but its revenue fell short, leading to a 4.6% drop in stock price despite a historical 1% increase in volume.
