Month: July 2022
Twitter-Musk trial on $44 billion deal set to begin in October after Musk loses effort to delay
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Twitter won its motion for an expedited trial in its lawsuit against Elon Musk on Tuesday. Delaware Court of Chancery chancellor Kathaleen McCormick ruled in favor of an expedited 5-day trial, to take place in October, after a hearing conducted […]
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‘Heat apocalypse’: Photos show Europe’s devastating fires as temperatures surge
Dubbed a “heat apocalypse” by one French meteorologist, many nations in Europe are sweltering under record temperatures, causing devastating fires in some parts of the continent. Spain and Portugal have seen over 1,000 deaths in the last week attributed to the weather, according to Reuters. Firefighters in France and Greece have also been out in […]
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Spirit Airlines plans crew base in United stronghold Houston, its third new outpost in five months
A Spirit Airlines aircraft takes off at La Guardia Airport. John Nacion | LightRocket | Getty Images Spirit Airlines said Tuesday it plans to open a crew base at George Bush Intercontinental Airport in Houston, a United Airlines hub, the latest expansion as the discounter plots growth at large airports. Miramar, Florida-based Spirit in March […]
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Will Netflix keep losing subscribers this year? Investors are eager for guidance
In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background. Sopa Images | Lightrocket | Getty Images Netflix investors already know to expect bad news when the company reports its second-quarter results Tuesday. Now they’ll be looking for guidance on what to […]
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Microsoft is adding video stories to Teams to liven up the chat app
Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. Fabrice Coffrini | AFP | Getty Images Microsoft on Tuesday announced Viva Engage, a new portal coming to the Teams communication app that will let co-workers share video stories documenting their activities. It might […]
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YouTube partners with Shopify to add live shopping features
In this photo illustration the logo of Canadian e-commerce company Shopify Inc. is displayed on a smartphone. Thomas Trutschel | Getty Images YouTube announced on Tuesday that it’s partnering with e-commerce platform Shopify to let viewers purchase products without leaving its website. Shares of Shopify were up about 2.5% on the news as of mid-morning. […]
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UK outlines net-zero aviation plan on hottest-ever day, says travelers can keep flying ‘guilt-free’
U.K. Transport Minister Grant Shapps laid out the government’s approach to reaching net-zero aviation emissions by the middle of the century. Justin Tallis | Afp | Getty Images FARNBOROUGH — The U.K. government on Tuesday published its so-called “Jet Zero” strategy, outlining how the country plans to decarbonize what is seen as one of the fastest-growing […]
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Rolls-Royce and easyJet to test hydrogen combustion engine tech for airplanes
easyJet aircraft photographed at Southend Airport in July 2020. There is excitement in some quarters about hydrogen planes and their potential. John Keeble | Getty Images News | Getty Images Aerospace giant Rolls-Royce said Tuesday it was pairing up with airline easyJet to develop and test hydrogen combustion engine technology for aircraft. In a statement, […]
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Private jet use is more popular than ever — and first-time buyers are driving record sales
A worker cleans a GulfStream Aerospace Corp. G650 business jet on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022. The airshow, one of the biggest events in the global aerospace industry, runs through July 22. Jason Alden | Bloomberg | Getty Images FARNBOROUGH, England — Private jet […]
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Amazon sues thousands of Facebook group administrators over fake reviews
Packages move along a conveyor at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon on Tuesday filed a lawsuit against the administrators of more than 10,000 Facebook groups that allegedly acted as fake review brokers. The lawsuit filed […]
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