Airbus reported a significant decline in net profit of 46 percent in the first half of the year, amounting to 825 million euros. This decrease was largely attributed to a substantial writedown in its space operations, which resulted in a charge of 989 million euros. Despite this setback, the overall revenue for the first half
Technology
The recent development of a self-powered “bug” by researchers at Binghamton University, State University of New York, has opened up the possibility of revolutionizing aquatic robotics. Published in the journal Advanced Materials Technologies, this innovation is a significant step towards the integration of autonomous nodes into all human activities as part of the “internet of
The field of renewable energy has seen a surge in innovative technologies aimed at generating electricity sustainably in recent years. One of the emerging solutions to combat climate change is the conversion of excess or waste heat into electricity through thermoelectric power generation. This approach relies on materials with valuable thermoelectric properties that can harness
Apple recently reached a tentative collective bargaining contract with the first unionized company store in the country. The International Association of Machinists and Aerospace Workers’ Coalition of Organized Retail Employees, representing employees at a retail location in Maryland, announced a three-year deal with the company. The agreement includes a 10% increase in pay and offers
The recent global technology meltdown caused by a flawed update installed on Microsoft’s Windows software by CrowdStrike has highlighted the inherent vulnerabilities in our interconnected digital world. We have become so reliant on systems that operate in the background that we often don’t realize they exist until they fail. This overdependence on technology has created
In the world of generative AI, a concerning trend is emerging in Silicon Valley. Some of the most promising startups in this space are finding themselves either being acquired or closely tied to major US tech giants. Companies like Inflection AI or Adept have recently experienced key executives departing discreetly to join established tech companies.
The use of artificial intelligence (AI) has sparked a second strike in the entertainment industry, this time among video game actors. The Screen Actors Guild (SAG-AFTRA) recently initiated a strike against gaming giants due to issues related to consent and compensation for actors whose voices and movements are used to create game characters. This strike
As the development of 5G technologies progresses and the anticipation for 6G grows, the challenges associated with operating at extremely high frequencies become more apparent. Issues such as signal attenuation and interference are amplified as frequencies approach the terahertz range. This poses a significant obstacle for wireless communication systems, as maintaining signal integrity becomes increasingly
In a recent development, Boeing has agreed to plead guilty to fraud in relation to the two fatal 737 MAX crashes that occurred over five years ago in Ethiopia and Indonesia. This decision comes after the US Department of Justice concluded that Boeing had violated an earlier settlement by failing to improve its compliance and
Self-driving cars have made significant strides in recent years, but they still face challenges when it comes to processing static or slow-moving objects in 3D space. This limitation stems from the fact that their visual systems lack the depth perception needed to navigate complex environments. Insects, on the other hand, have developed sophisticated visual systems
When discussing the environmental impact of transportation, the focus is often on exhaust emissions from road vehicles. However, a recent study by researchers from the Institute of Thermodynamics and Sustainable Propulsion Systems at Graz University of Technology has shed light on the significant influence of non-exhaust emissions from rail transport on air quality and soil
Recently, airlines, such as Delta Air Lines, have been facing significant challenges in restoring their operations due to a faulty software update that caused widespread technological disruptions. These disruptions have resulted in numerous flight cancellations and grounded aircraft, causing chaos for travelers and airlines alike. According to the latest data from FlightAware, a total of
In recent years, India has been making significant strides in transitioning towards cleaner sources of energy. One key component of this transition is the growth of the lithium-ion battery storage industry in the country. This industry plays a crucial role in storing electricity generated by renewable sources like wind and solar, ensuring a steady and
Artificial Intelligence (AI) has been a hot topic in the tech industry, with many companies investing heavily in its development. The upcoming quarterly results of Big Tech giants will provide insights into the effectiveness of these investments and whether they are sustainable in the long term. Analysts are optimistic about the growth and earnings potential
The UK’s new Labor government has set ambitious targets to build 1.5 million homes within its first term in office. While planning reform and local housing targets have been identified as key strategies to achieve this goal, the role of new technologies, specifically drones, has been largely overlooked. Drones have the potential to revolutionize the