Tag: Business
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United Airlines’ new upsell: Keeping other travelers out of the middle seat
United Airlines will allow customers to pay more to keep the middle seat open on its Airbus A321XLRs
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Frontier Airlines to debut in-flight Wi-Fi in 2027 with SpaceX’s Starlink
Frontier is signing with Starlink for in-flight Wi-Fi, with service debuting as early as next year.
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IBM warns AI boom is squeezing software budgets; shares slump in sector rout
July 14 : IBM said it had “faltered” in keeping pace with a shift in corporate spending toward data-center infrastructure from software and forecast second-quarter revenue below estimates, the clearest sign yet of AI’s growing toll on the sector.The warning triggered a 22 per cent slump in IBM’s shares and a
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Analysis:US state officials fear Paramount-Warner deal will squeeze local movie theaters
July 14 – U.S. states suing to block Paramount’s merger with Warner Bros Discovery argue that the deal could squeeze local movie theaters, which are still struggling to sell as many tickets as they did before the pandemic. “While ticket prices will most likely go up, theaters will be forced to cut back o
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Australia to establish government AI office to coordinate regulation
SYDNEY, July 14 : Australia will create an office at the heart of government to manage the development of AI standards, seeking to balance the need to attract investment with effective regulation of the disruptive technology.The “Office of AI” will be established within the Department of the Prime Minister an
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SLB partners with Liberty Energy to supply modular parts, power to data centers
July 14 : SLB said on Tuesday it has partnered with Liberty Energy to supply modular parts and power to data centers, as the oilfield services firms look to tap surging demand from the AI boom.• Under the deal, SLB said it would design and supply modular and prefabricated components for data center projects
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German media regulator says Google’s AI Overviews subject to German media law
BERLIN, July 14 : Germany’s media regulator said on Tuesday that Google’s AI Overviews and Perplexity AI are subject to the country’s media laws, stepping up scrutiny of AI-generated content after a German court found Google liable for inaccurate information produced by the feature. The Commission for Licensi
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UK teens report sleep, wellbeing gains under social media restrictions, study shows
LONDON, July 14 : British teenagers who took part in a government-backed trial of social media restrictions reported improvements in sleep, concentration and wellbeing, according to a study published on Tuesday.• A complete ban on social media apps generated the strongest reported gains in focus but also th
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Bank earnings, Warsh heads to the Hill, Chipotle’s Mexico push and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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TikTok policy chief defends safety measures amid EU push to limit children’s social media access
TikTok’s policy chief defended the platform’s safety measures as the European Union pushes ahead with restricting children’s access to social media.
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