Boeing will suspend most hiring and overtime pay as it works to conserve cash in the face of twin crises over the 737 MAX and a massive slowdown in travel due to coronavirus, the company said Wednesday.
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Tag: Company
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Dating app maker Match Group backs US bill seen as privacy threat
Match Group, the parent company of dating apps such as Tinder, on Tuesday publicly endorsed a US bill others in the tech industry fear will erode online privacy and speech in the name of fighting child abuse.
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China’s Trip.com says no pay for top execs while virus rages
Top executives with Trip.com, China’s leading online travel service, will accept no salaries starting from this month as the company copes with the impact of the coronavirus outbreak, its CEO has told employees.
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Boeing factory employee tests positive for virus
US aviation giant Boeing said Monday that one of its factory workers had tested positive for COVID-19, the illness caused by the novel coronavirus—the company’s first known case.
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Twitter strikes deal with investors, ending bid to oust Dorsey
Twitter unveiled a deal with key investors Monday to end an effort to oust chief executive Jack Dorsey, creating a new committee on the board of directors to keep tabs on company leadership.
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GM shows 13 electric vehicles as it tries to run with Tesla
General Motors, trying to refashion itself as a futuristic company with technology to compete against Tesla, rolled out plans Wednesday for 13 new electric vehicles during the next five years.
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Senators scrutinize web-scraping facial recognition startup
U.S. senators are scrutinizing a facial recognition software company over privacy concerns and the possible sale of its services to authoritarian regimes.
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On Leap Year Day, Raspberry Pi 4 cost is sliced
The Raspberry Pi is putting a cherry on top of its 8th anniversary cake by offering its popular top-of-the-line computer module for just $35. It’s a remarkable offer for a company that thrust itself onto the computer scene in 2012 with a credit-card sized Raspberry Pi 1 that featured a 700MHz ARM11 processor and 256MB of RAM. The price back in 2012: the same $35.
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Microsoft says virus hurting supply chain more than expected
The virus outbreak in China is hurting Microsoft more than expected, as the company said it won’t meet targets that had already factored in the uncertainty.
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How a road sign trick sent a self-driving car into high-speed mode
Can a little strip of tape on a 35-mile-per-hour speed limit sign cause a self-driving car to accelerate? Yes—and press attention, too. Researchers from security company McAfee wanted to see if they could dupe a Tesla car into thinking the speed limit was different than posted, and they succeeded.
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