AFP
13876 articles published since 08 Mar 2022
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Google eliminates hundreds of jobs in ad team tweak
Google on Tuesday confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use artificial intelligence for efficiency and creativity. Expansion of small business ad teams at Google was expected by the company to result in increased hiring this year.
Apple ends Samsung's 12-year run as world's top smartphone seller
Apple's iPhone for the first time became the world's biggest selling smartphone after rival Samsung's 12-year run as leader, data showed. They also pointed to an increasingly fragmented market for smartphones that run on the Android operating system, citing low-end Samsung rivals such as Transsion and Xiaomi as well as Honor and Google.
US judge blocks JetBlue-Spirit airline merger
A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying that the deal would reduce competition. "The elimination of Spirit would harm cost-conscious travelers who rely on Spirit's low fares," the judge added.
US Fed 'within striking distance' of inflation target: official
The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting interest rates this year, a senior official said Tuesday. "As long as inflation doesn't rebound and stay elevated, I believe the FOMC will be able to lower the target range for the federal funds rate this year," he continued.
Epic says Apple court fight is 'lost'
The CEO of Fortnite-maker Epic Games said Tuesday the company's court battle to open up Apple's iPhone to alternative app stores was lost after the US Supreme Court declined to hear the case. "The court battle to open iOS to competing stores and payments is lost in the United States.
Ryanair boss says reassured by Boeing on 737 MAX safety
Ryanair on Tuesday welcomed improved quality controls at US aircraft manufacturer Boeing and announced its own enhanced checks, after a major safety issue. "We have seen a marked improvement in the quality of the aircraft deliveries."
Shell sells onshore Nigeria unit, exits Niger Delta
British energy major Shell on Tuesday announced the sale of its Nigeria onshore division SPDC for up to $2.4 billion, having already flagged its exit from the troubled Niger Delta.
Nespresso 'capsule war' grinds on with Swiss lawsuit
A French television star and a group of investors are demanding 280 million Swiss francs ($330 million) from Nespresso after the failure of a company that tried to offer a more sustainable alternative to the aluminium capsules sold by the coffee-pod maker.
Missile hits cargo ship off Yemen: maritime risk company
A missile hit a Greek-owned cargo ship off Yemen, a maritime risk management company said on Tuesday, following a string of attacks in the Red Sea by the Huthi rebels. On Sunday, US forces shot down a Huthi cruise missile targeting an American destroyer, and on Monday a US-owned cargo ship in the Gulf of Oman was hit by another rebel missile.
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