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Passengers Who Give Up Their Seat On An Overbooked Flight Would Be Offered Up To $10,000 By United Airlines

A repeat of the controversy and public relations disaster that erupted after a passenger was dragged off one of its flights earlier this month, would be helped to be avoided by more cash, better training and fewer oversold flights, hopes the United Airlines.   While the company CEO Oscar...

Twitter Share Price Rises As The Social Media Platform Posts Strong User Growth

Even though the revenues of Twitter fell for the first time since the company's market debut, the microblogging service reported better-than-expected user growth in the first quarter which resulted in a rise in the shares of the company.   Questions about Chief Executive Jack Dorsey's...

Crowd-Funded Website By Wikipedia Founder Is Aimed To 'Fix The News'

In an initiative that the founder of online encyclopaedia Wikipedia hopes will counter the spread of fake news, plans for a crowd-funded news website offering stories by journalists and volunteers working together was recently announced by him.   While the accuracy of its articles would be...

Is China's answer to Boeing Ready for take-off?

Western journalists were kept away, and only local media were allowed to witness a major turning point in China's aviation ambitions when China unveiled an historic order for its first large commercial jetliner at a national air show in 2010.   Illustrating how Beijing is adjusting to...

Italy Accounting Scandal Makes BT File Criminal Complaint: Reuters

British Telecom dispatched its head of compliance to Milan to give evidence and has filed a criminal complaint with Italian prosecutors over an accounting scandal at its Italian unit, reported Reuters.   Several former Italy executives and other employees are accused of breaking company...

Having Left One Of Google’s Most Secretive AI Projects, A Stealth Start-Up Formed By Several Google Engineers

The curtain on homegrown silicon that could define the future of machine learning and artificial intelligence has been being pulled back slowly by Google.   Recently leaving to team up with Chamath Palihapitiya, one of Silicon Valley's most prominent and outspoken young venture investors, on...

Media Reports Say Bidding In Toshiba Chip Unit Being Mulled Jointly By Japan Government Fund, Bank And Broadcom

In what could be a move that would vault Broadcom Ltd into the lead to buy the prized semiconductor unit of Toshiba Corp, a joint bid is being considered by a Japanese government-backed fund and policy bank with the U.S. chipmaker the prized semiconductor business, claimed a news report in the...

Venezuela's Crude-Stained Oil Tankers Are Banned At Sea Due To Contamination

The Caspian Galaxy is a tanker so filthy it can't set sail in international waters and workers in scuba suits scrub crude oil by hand from the hull of the ship in the scorching heat of the Caribbean Sea.   There are many vessels which load crude from Venezuela's state-run oil company, PDVSA...

Timeline For Tesla Semi Truck, Electric Pickup Laid Out By Musk, Shares Jump

With Elon Musk sketching out a timeline for the arrival of a semi truck, pickup and sports car, Tesla Inc’s plans to pad its lineup of electric vehicles are taking shape.   The chief executive officer wrote in a series of tweets Thursday that Tesla will show an electric semi truck in...

Reports Say Stake in Toshiba Chip Business Gets Apple Interested

In what is the latest twist in the sale of the world's second-biggest flash memory chipmaker of Toshiba, Apple Inc is considering teaming up with its supplier Foxconn to bid for Toshiba Corp's semiconductor business, Japanese public broadcaster NHK reported on Friday.   NHK reported, citing...

Logelis, the French business disrupting construction standards

Since the end of 2014, yet another real-estate construction company has hit the market. But this one is different. Two things make it worthy of attention: the extent which it has re-thought the construction business, and the new options it opens up for the global market.

Finances Of $2.2 Billion Secured By China's Leeco For Expansion From New Investors

Very recent stock market filings showed that new investors including Tianjin Jiarui Huixin Corporate Management Company and property developer Sunac China Holdings helped Chinese tech conglomerate LeEco to successfully raise nearly $2.2 billion.   LeEco's Leshi Internet Information said in...
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