Tag Archives: Due

Southwest Airlines (LUV) reported a loss for the fourth quarter, as the company took an $800 million pretax hit to earnings due to the computer system failure that led to the airline’s holiday travel meltdown. For the quarter, Southwest reported: “Due to the operational disruptions in late December, which resulted in more than 16,700 flight cancellations, we incurred a fourth quarter pre-tax negative impact of approximately $800 million (or approximately $620 million on an after-tax basis),… Source link

Ivan Provorov, who is Russian Orthodox, refused to wear a Pride-themed jersey prior to Tuesday’s game between the Flyers and Ducks. (Photo by Len Redkoles/NHLI via Getty Images) The Philadelphia Flyers held their annual Pride Night on Tuesday to celebrate and support the LGTBQ+ community. As part of the festivities, the Flyers wore Pride-themed warmup jerseys and rainbow-taped sticks that will be auctioned off with proceeds going towards Flyers charities aiming to grow hockey in… Source link

While everything appeared to rosy inside Schembechler Hall, there’s one big negative for the Michigan football program. The day after Jim Harbaugh declared he’s returning to the Wolverines instead of heading to the NFL, a report from the Detroit News indicates that one Michigan football coach is potentially in some trouble. According to the Detroit News’ Angelique Chengelis, Michigan co-offensive coordinator and quarterbacks coach Matt Weiss has been suspended pending an investigation… Source link

NEW DELHI, Jan 10 (Reuters) – The growth of Google’s Android ecosystem is on the brink of stalling in India due to an antitrust order that asks the company to change how it markets the platform, the U.S. company has said in a Supreme Court challenge seen by Reuters. The Competition Commission of India (CCI) in October fined Alphabet Inc-owned Google (GOOGL.O) $161 million for exploiting its dominant position in Android, which powers 97% of smartphones in India, and asked it to change… Source link

The government spending bill that was just passed through the Senate and awaits approval from Congress is estimated to total nearly $1.7 trillion. While it will fund a variety of initiatives like aid to Ukraine and enhanced retirement savings, it will not extend “accelerated depreciation” tax breaks, which were initiated during the Trump administration and seen by many as corporate tax cuts. Read more. Source link

Google executives reportedly told employees they don’t think chatbots are ready to replace search. Employees asked execs if failing to launch a chatbot like OpenAI’s ChatGPT is a “missed opportunity,” CNBC reported.  Alphabet’s CEO and Google’s head of AI said the company has a greater “reputational risk” than startups like OpenAI. … Source link

Morgan Stanley: Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted The second-hand market for luxury timepieces had a huge bull run over the past few years. But according to a recent report by Morgan Stanley using data from WatchCharts — which tracks real-time watch market sales — prices of the most sought-after watches from top luxury brands have dropped significantly. The most… Source link

The number of emoji subscription purchases on the South Korean messaging app KakaoTalk has dropped by a third over the year, parent firm Kakao said in quarterly earnings call Thursday, blaming Google’s new in-app payment policy, which forces apps to use Android-maker’s own billing system. KakaoTalk’s Emoticon Plus subscription service, which costs approximately $3.8 per month, allows users to access unlimited emojis. TechCrunch reported in June that South… Source link

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Hong Kong-listed software firm Meitu (1357) likely lost RMB 274.9 million to RMB 349.9 million ($41.1 million to $52.3 million) in the first half of 2022, mostly due to a fall in the value of its crypto holdings. The firm’s losses almost doubled, a 99.6% to 154.1% increase, compared to the same period last year, it said in a filing with the Hong Kong Stock… Source link

Google Messages users in India have reported receiving a deluge of unwanted ads in recent weeks using Rich Communication Services (RCS), and it seems Google has employed a response strategy: turn them all off. A Google spokesperson told Gadgets 360 that the company is “aware that some businesses are abusing our anti-spam policies to send promotional messages to users in India,” and it would be “disabling this feature in India while we work with the industry to improve the experience… Source link