CHOOSE LANGUAGE

VCs for Harris

July 31, 2024

technology

Full text

Boeing appoints new CEO as it faces continuing scrutiny and declining revenue

Boeing has named aerospace industry veteran Robert “Kelly” Ortberg as its next president and CEO as the company seeks to recover from intense scrutiny following a series of high-profile accidents. The aerospace company announced Wednesday that Ortberg will take over as CEO, effective Aug. 8, following Dave Calhoun’s decision to step down as CEO. “The board conducted an exhaustive and extensive search…

Full text

Delta Air Lines CEO: Global tech outage costs airline $500 million

Delta Air Lines CEO Ed Bastian said the recent global technology outage caused the airline to experience widespread flight delays and cancellations, costing it $500 million. “This cost us $500 million,” Bastian said on CNBC’s “Squawk Box” on Wednesday. “Over the course of five days, it cost us tens of millions of dollars a day in lost revenue, as well as compensation and hotel costs, and we did everything we could to…

Full text

refresh

Flagged News tThe intersection of technology and other topics:

Swifties campaign for Harris

A group of Taylor Swift fans, known as Swifties, have used the online power of their fanbase to Mobilize and organize To support Vice President Kamala Harris’ presidential campaign, Wired reported.

Researchers discover that dating apps can help stalkers pinpoint your location

The researchers Vulnerabilities in popular dating apps This allowed stalkers to pinpoint a user’s location, but the app has since implemented fixes to limit the issue. TechCrunch reported.

In other news

Read more from The Hill:

Facebook parent Meta reports better-than-expected second-quarter results, shares rise in after-hours trading

SAN FRANCISCO (AP) — Meta Platforms Inc., the parent company of Facebook and Instagram, reported better-than-expected second-quarter results on Wednesday, sending its shares soaring in after-hours trading. The Menlo Park, California-based company earned $13.47 billion, or $5.16 a share, in the second quarter.

Full text

Nothing Can Go Wrong: The Story Behind the Paris Olympic Torch Balloon

PARIS (AP) — On the night the Olympic and Paralympic cauldron flew over Paris for the first time, designer Mathieu Lehanneur said under his breath: “Nothing could go wrong. This balloon, lit with the Olympic flame and launched into the sky, was a risk. After all, it was the first time it was tested perfectly…”

Full text

What others are reading

Two big stories currently on The Hill:

President Trump attacks ABC News reporter during tense interview with NABJ

Former President Trump clashed with an ABC News reporter at a rally for black journalists on Wednesday, blasting her for her “disgraceful” questioning. read more