The 787-10 took off successfully from an airport in South Carolina, the start of a flight test programme.
The 787-10 took off successfully from an airport in South Carolina, the start of a flight test programme.
Bloomberg Profiles looks at the story of Uber's Travis Kalanick and how he went from UCLA dropout to CEO of the world's most valuable technology startup.
A Silicon Valley startup called Ripcord has unveiled a machine that takes stacks of paper, pulls out the staples, rapidly scans the paper and send the scans to the cloud. That seemingly inane task is done at breakneck speed.
The fascinating and technical strategies which goes into Managing the Economics of Class in the modern aviation industry.
Greek-born architect Ioannis Oikonomou designed this U-shaped NYC skyscraper that would be the ‘longest in the world.
The US economy showed rigorous consumer spending in the fourth quarter and slowed less than was previously reported.
GDP increased to an annualised 2.1 percent up from previous estimate of 1.9 percent. U.S. corporate profits rose again in fourth quarter, while overall economic growth was revised up.
The Commerce Department said that business activity moderated further at the beginning of the year.
A ban on large electronic devices in aeroplane cabins has come into effect on several airlines flying “into the UK and US”.
Citing attacks on aircraft and in airports in recent years, the US has applied the restrictions to nine carriers from eight countries: Turkey; Morocco; Jordan; Egypt; the United Arab Emirates; Saudi Arabia; Qatar; and Kuwait. The UK ban covers six nations, excluding the UAE, Morocco and Kuwait, but including Lebanon and Tunisia.
In this video, you will learn how to improve your life by analysing Les Brown's rules for success.
Apple is under pressure to extract more revenue from services, a bright spot that includes the apps business. Bloomberg's Alistair Barr has more on “Bloomberg Markets.”
Bloomberg Game Changers profiles Dallas Mavericks' owner Mark Cuban. See how Cuban spun his love of basketball into a multi-billion dollar enterprise.
Not just a fashion statement, these sunglasses from Visa are also an NFC (near-field communication) payment device. Now you can use your sunglasses to buy your sunscreen!
The global aviation map is about to shift in a way we've not seen in three decades. New fuel-efficient planes mean that we could see a lot more long-haul direct flights. Bloomberg Gadfly's David Fickling explains why that could be bad for the airlines.
Sunil Mittal, Director General of the International Chamber of Commerce, tells Ian King Live his concerns about the growing movement away from free trade.
Britain has followed in US footsteps by imposing a cabin baggage ban on larger electronic devices on passenger flights from several Middle Eastern and North African countries.
Direct inbound flights from Turkey, Lebanon, Jordan, Egypt, Tunisia and Saudi Arabia are affected by the new restrictions, amid terrorism fears.
Passengers won't be allowed to bring phones, laptops or tablets over 16 cm in length, 9.3 cm in width and with a depth of over 1.5 cm into the cabin.
The development of the Digital Free Trade Zone would offer a conducive environment for digital companies to carry out their business, said Prime Minister Datuk Seri Najib Tun Razak during his opening address at the Global Transformation Forum in Kuala Lumpur on Wednesday.
Google’s European chief has publicly apologised after online adverts for major brands appeared next to extremist material, but declined to say whether the company would begin actively seeking out such content and taking action against it.
Matt Brittin, Google’s head of Europe, the Middle East and Africa, told the Advertising Week Europe conference in London on Monday: “I want to start by saying sorry to the brands affected by this. I take the issue very seriously and I apologise in the instances where that may have happened.”
But his response was deemed inadequate by Yvette Cooper, Labour MP and home affairs select committee chair, who said the company was “failing to do enough” to weed out extremist content.
Brittin told an audience of advertising industry figures that the company would improve its ad placement system, which has seen ads attached to videos by extremists, including hate preachers and the former Ku Klux Klan leader David Duke.
The ads help fund payments to the people who post the videos, with every 1,000 clicks worth about £6.
Brittin insisted the sums involved had been “pennies not pounds” but admitted,“clearly we need to do more on that”.
He declined three times to say whether Google would start actively seeking out extremist content, rather than investigating only after users flag up inappropriate material, such as videos on YouTube, which it owns.
“Of course we’re looking again at how we improve what we’re doing on enforcement. That’s a question of resources and technology and community,” he said.
Cooper, who last week accused the company of “profiting from hatred” said she was not satisfied with Brittin’s response to the issue.
“This apology from Google doesn’t go far enough,” she said. “They need to say whether they will be paying back any of that advertising revenue and to answer our questions on what more they are doing to root out extremism or illegal activity on YouTube because they are still failing to do enough to remove illegal or hate-filled content from YouTube.
“They still don’t seem to have woken up to the seriousness and toxicity of some of the videos they are still hosting and their own responsibility to deal with that. And they still haven’t agreed to use any of their much-feted search engines to identify illegal content such as National Action videos and remove them.
“It isn’t enough for Google to respond only when their advertising revenues take a hit. They are one of the biggest and most powerful companies on the planet. They can afford to do far more, far faster to deal with illegal and hate-filled content online.”
Brittin admitted that the company “need[s] to do better” but also appeared to blame advertisers for failing to deploy tools designed to ensure their ads do not appear next to extremist content.
“What we found is that there are many controls available but they’re not always being used so we need to make sure they’re simpler and easier to use,” said Brittin.
Google executives have been summoned to the Cabinet Office later this week to explain to ministers what they plan to do about extremist content and ads attached to it on YouTube and Google’s wider network.
But a date for the meeting has yet to be arranged, according to Whitehall sources, while Brittin was unable to say what measures the company will promise to take.
“You’ll have more detail from us very soon on that. We’re working to get it right and if we need some improvement we will do,” he said.
The government and several high-profile companies have suspended adverts, or are reviewing whether to do so, after it emerged that extremists including Duke were able to profit from adverts on Google’s network.
Marks & Spencer became the latest company to pull advertising from Google on Monday, adding its name to a growing list that includes government departments, major advertising agencies and well-known companies. McDonald’s, the BBC, L’Oréal, HSBC, Royal Bank of Scotland, Lloyds, the Guardian, Audi and Channel 4 are among the firms to suspend advertising.
BT and Sky said they were reviewing their relationship with Google.
Unilever’s chief marketing officer, Keith Weed, who was speaking alongside Brittin at the Advertising Week Europe seminar, said the consumer goods company has not pulled its adverts from Google and had not yet been affected.
Brittin’s public apology comes after he was urged to do so by Rob Norman, chief digital officer at GroupM, part of the world’s largest advertising group WPP.
While Brittin admitted that Google had work to do to mend fences with advertisers, he also pointed out that it handles a huge volume of content, including 400 hours of YouTube video uploaded every minute.
By Rob Davis
In Brazil, authorities allege that major meat processing companies bribed officials in order to allow them to sell rotten beef and poultry. The government is now attempting to save the country's reputation as one of the world's top meat exporters. Also today, we take a look at last year's champagne sales.
(qlmbusinessnews.com via telegraph.co.uk – – Mon, 20 Mar, 2017) London, Uk – –
Vodafone has announced the merger of its Indian business with rival mobile operator Idea Cellular to create one of the world’s largest telecoms operators.
The announcement ends months of speculation over a possible tie-up.
The combined company will have an enterprise value of around £19bn and be the biggest telecoms operator in India with almost 400m customers and a market share of 35pc.
The deal, which means that Vodafone has gone into business with the powerful Birla dynasty, has been triggered by a mobile price war that was kickstarted by India’s richest man, Mukesh Ambani, and his new operator Reliance Jio.
Following the merger, which is expected to close in 2018, Vodafone will own 45.1pc of the combined company, while the Aditya Birla Group will own 26pc.
The Aditya Birla Group, which is Idea’s parent company, has the right to acquire more shares from Vodafone “with a view to equalising the shareholdings over time,” the companies said.
Vittorio Colao, Vodafone’s chief executive, added: “The combination of Vodafone India and Idea will create a new champion of Digital India founded with a long-term commitment and vision to bring world-class 4G networks to villages, towns and cities across India.
“The combined company will have the scale required to ensure sustainable consumer choice in a competitive market and to expand new technologies – such as mobile money services – that have the potential to transform daily life for every Indian.”
The companies said they expect cost and capex synergies of about £8bn after integration costs, with operating cost savings representing 60pc of the expected savings.
The Aditya Birla Group has the sole right to appoint the company’s chairman, which will be Kumar Mangalam Birla, the group’s chairman. Vodafone will appoint the chief financial officer, while the two groups will jointly agree on the appointments of the chief executive and the COO.
Shares in Idea rose almost 15pc immediately after the announcement of the news but quickly reversed, plummeting back down by around 15pc.
By Sam Dean
Filmmaker James Cameron and others describe how the “Avatar” movie came to life in this new Magic Kingdom attraction.
He's the founder, chairman and CEO of Vista Equity Partners, an investment firm with over $26 billion in assets as of September 2016.