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Ryanair Reports Record Profit Despite Waiting for New Boeings

Ryanair, the Irish budget airline, reported a record profit last year despite delays in the delivery of new Boeings. The airline transported 184 million passengers in the past fiscal year, which runs from April to the end of March. This is nearly a quarter more than in the last year before the COVID-19 pandemic. This year, the company recorded a profit of 1.9 billion euros, a 34 percent…

21 May 2024
Google’s Major Search Update: AI-Powered Questions and Tasks

Google will soon allow users to not only search but also ask questions and give commands, thanks to a new update. Artificial intelligence will handle answering these questions and performing tasks, according to the tech giant. This update is one of the most significant changes to Google’s search engine in the past 25 years. “You’ll soon be able to ask anything that comes to mind or needs doing,”…

16 May 2024
Meta to Discontinue Workplace to Focus on AI Technologies

Meta, the parent company of Facebook, has announced that it will discontinue Workplace, its enterprise-focused version of Facebook. The company has decided to shift its focus towards developing advanced AI technologies, which it believes will fundamentally transform the way people work. Users of Workplace will be able to use the service as usual until August 2025. Over the next two years, Meta will gradually phase out the service.…

16 May 2024
Justice Department May Reopen Case Against Boeing for 737 MAX Crashes

The U.S. Department of Justice is contemplating renewed prosecution of the aircraft manufacturer Boeing in connection with the two tragic crashes involving its 737 MAX aircraft in 2018 and 2019. These accidents, which claimed the lives of hundreds of passengers and crew members, occurred shortly after the 737 MAX was introduced, revealing critical flaws in the aircraft’s design and safety systems. Following extensive investigations into these crashes, Boeing…

15 May 2024
US Increases Import Tariffs on Various Chinese Goods

The United States is raising import tariffs on numerous Chinese goods, particularly targeting strategic sectors such as electric cars, chips, batteries, steel, and key minerals. The measures aim to compel China to cease unfair trade practices. Of particular note is the tariff hike on imported electric cars from China, which will quadruple to 100 percent this year. The tariff on Chinese semiconductors will increase from 25 to 50…

14 May 2024
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