Emirates really isn’t happy with Boeing — and will be having a ‘serious conversation’ about the latest 777X delay
Emirates’ Sir Tim Clark criticized the latest delays to the Boeing 777X. The president of Emirates, one of Boeing’s biggest customers, has slammed the planemaker after it announced a further delay to its much-anticipated 777X jet. Because of inspection delays and ongoing strike action, “I fail to see how Boeing can make any meaningful forecasts…
‘Let chaos reign’: AI inference costs are about to plummet
SambaNova Systems CEO Rodrigo Liang, Cerebras CEO Andrew Feldman, Foundry CEO Jared Quincy Davis, and Groq CEO Jonathan Ross. Jared Quincy Davis and his AI computing startup Foundry sell inference. They don’t make chips or build large language models. Foundry has a unique method of making cloud computing more efficient. Instead of selling its technology…
It’s the first day for Nike’s new CEO. He has a long road ahead.
Elliott Hill starts as Nike’s CEO on Monday. Elliott Hill became CEO of Nike on Monday, taking the reigns at a time when the company is facing a sales downturn and a struggling stock price. Hill, a Nike veteran who retired in 2020, is tasked with getting the sneaker and apparel giant back on track.…
3 US-based academics awarded the Nobel Prize in economics for their work on wealth inequality
Nobel Committee announces the winners of the 2024 Nobel Prize in Economic Science. Three economists based at US universities have been awarded the 2024 Sveriges Riksbank Prize in Economic Sciences for their work on how institutions affect wealth inequality. Daron Acemoglu, Simon Johnson, and James A. Robinson will share the $1.1 million prize money, the…
Generation Snack AttackWhy Gen Z is splurging on premium groceries more than any other generation
Jade Lily wanted to show off her grocery haul. In a recent video, the 26-year-old TikToker held up item after item: celebrity-endorsed supplements, packaged berries, coconut yogurt, bone broth, kombucha, and premade food from the hot bar. Last but not least, a “little bevvy,” she said, displaying her grape-flavored Olipop. “I am an Olipop girly…
Prices in China are stagnating, putting more pressure on Beijing to jump-start the economy
Beijing is under fresh pressure to stimulate the economy after prices stagnated in September. Chinese officials are under mounting pressure to stimulate the economy after official price data released Sunday stoked fresh deflation fears. The consumer price index (CPI) rose 0.4% year-on-year in September, as bad weather pushed up food prices ahead of the Golden…
Elon Musk says he will take legal action after California officials cited his politics when rejecting SpaceX launches
The California Coastal Commission on Thursday denied a request from the US Space Force for more-frequent SpaceX launches. Elon Musk threatened to take legal action following reports that a California state commission cited his politics in a decision. The California Coastal Commission on Thursday rejected a request for more-frequent SpaceX launches. The request was filed…
AI coding startups are becoming a hotspot for VCs. Here are the 12 copilots that have landed funding from funds like a16z, Lightspeed, and Menlo Ventures.
Seek AI CEO Sarah Nagy; Zenlytic CEO and co-founder Ryan Janssen; and Mintlify co-founders Han Wang and Hahnbee Lee The AI revolution shows no signs of slowing down, and some VCs are turning their attention to a new corner of the market: generative AI coding and copilot startups. This tech, which automates parts of the…
The terrifying true stories that inspired your favorite horror movies
“The Conjuring.” Horror movies are reliably successful at the box office. They often have relatively low budgets, produce large returns at the box office, and can produce IP that will lead to sequels and spin-offs for years to come. Plus, when Halloween rolls around, costumes and masks provide another bump to a studio’s bottom line.…
