Airbus revealed a significant blow to its financial performance in the first half of the year, with a 46 percent decrease in net profit amounting to 825 million euros. This substantial drop was primarily attributed to a massive writedown in the company’s space operations, totaling 989 million euros. Despite seeing a 4 percent rise in
Technology
Aquatic robotics have the potential to revolutionize the way we gather information about our oceans and waterways. With futurists predicting a future where autonomous nodes are integrated into all human activities as part of the “internet of things,” the need for innovative solutions in aquatic environments is greater than ever before. Researchers at Binghamton University,
Energy generation from renewable sources has become a primary focus for engineers and scientists globally. Technologies such as photovoltaics, wind turbines, and hydro-power generators have gained significant traction in recent years. However, there is a growing interest in converting excess or waste heat into electricity as a means of mitigating the impact of climate change.
Apple has made history by reaching a tentative collective bargaining contract with the first unionized company store in the United States. The International Association of Machinists and Aerospace Workers’ Coalition of Organized Retail Employees, which represents employees at a retail location in Maryland, announced the three-year deal on Friday. This agreement includes an average pay
Silicon Valley’s once-thriving startup scene in the generative AI realm seems to be dwindling as key players are either being acquired or lured into the folds of tech giants like Microsoft and Amazon. Companies like Inflection AI and Adept, which showed great promise, have witnessed their founders and key executives quietly exiting the stage to
The popular high-tech mantra “move fast and break things” coined by Facebook founder Mark Zuckerberg has taken on a new meaning in today’s world. A recent worldwide technology meltdown caused by a flawed update on Microsoft’s dominant Windows software highlighted the fragile nature of our digital infrastructure. The incident left businesses like Delta Air Lines
The influence of artificial intelligence (AI) in the entertainment industry is becoming increasingly evident. Last year, Hollywood experienced strikes due to AI utilization, and now the video game sector is facing a similar dilemma. The Screen Actors Guild (SAG-AFTRA) recently initiated a strike against major gaming companies, highlighting the challenges faced by actors in this
In the rapidly evolving landscape of telecommunications, the transition from 5G to 6G technologies poses unique challenges. One of the most significant hurdles that scientists and engineers face is the detrimental effects of operating at extremely high frequencies, particularly in the terahertz range. Issues such as signal attenuation and interference become more pronounced, making it
Boeing, the aircraft manufacturer giant, has recently reached a plea deal with the US Department of the Justice over the two fatal crashes of its 737 MAX planes that claimed the lives of 346 individuals in Ethiopia and Indonesia more than five years ago. The company has agreed to plead guilty to fraud, marking a
Self-driving cars have experienced occasional crashes due to their visual systems struggling to process static or slow-moving objects in 3D space. This limitation is similar to the monocular vision of many insects, which provides excellent motion tracking and a wide field of view but lacks depth perception. The exception to this is the praying mantis,
The focus on environmental impact assessment in the transportation sector has primarily been on exhaust emissions, neglecting other sources such as abrasion emissions from tires and brakes. While road vehicles have received significant attention in this regard, rail transport has been largely overlooked. However, a recent study commissioned by the German Center for Rail Transport
The recent software glitch that affected airlines, including industry giants like Delta Air Lines, has created unprecedented chaos in the airline industry. The faulty software update caused technological havoc worldwide, resulting in a significant number of flight cancellations. According to FlightAware data, a total of 1,461 flights within, into, or out of the U.S. were
In recent years, India has been making significant strides in transitioning to cleaner energy sources, with a particular focus on battery storage technology. The use of batteries to store electricity generated by renewable sources such as wind turbines and solar panels is becoming increasingly important in India’s energy landscape. This shift is not only crucial
As the quarterly results of Big Tech giants loom on the horizon, the question arises of whether the major investments required for artificial intelligence (AI) are sustainable in the long term. Analysts at Wedbush Securities are optimistic about the growth and earnings potential that AI brings, anticipating a wave of transformation in the industry. While
The construction industry in the UK is on the verge of a transformation with the potential integration of drone technology. Drones, or unmanned aerial vehicles (UAVs), have the capability to revolutionize construction processes by monitoring site progress, conducting safety inspections, and even lifting heavy materials, all while being a cheaper and safer alternative to human