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Boeing Boss Faces Washington Grilling After Blow-Out

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Boeing’s CEO is facing questions from legislators in Washington as pressure rises to explain the flaws that resulted in a panel breaking off one of its jets this month.

Boss Dave Calhoun told reporters ahead of the meetings that he was willing to offer “everything I could.”

However, he declined to comment on a story that said the item was incorrectly placed at one of the company’s operations.

The anonymous account was published online and covered by the Seattle Times.

The message, written by someone claiming to work for Boeing, condemned Boeing’s 737 plane production as “a rambling, shambling, disaster waiting to happen”.

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Boeing Boss Faces Washington Grilling After Blow-Out

According to the company’s records, the four bolts designed to hold the door plug in place were not placed when Boeing delivered the 737 Max 9 plane to customer Alaska Airlines.

Eight weeks later, on January 5, the panel blew off shortly after takeoff, scaring passengers and prompting an emergency return to the Portland, Oregon, airport.

No significant injuries were reported, but customers have filed complaints against the corporation since the occurrence, accusing them of negligence.

The Federal Aviation Administration (FAA) has grounded 171 additional 737 Max 9 planes with comparable designs for examination, resulting in the cancellation of thousands of flights.

It also recently advised airlines to investigate Boeing’s older 737-900ER models, which share the same door design as Max 9s, though the jets were not ordered out of service.

The whistleblower statement claimed that Boeing should have halted 737 production due to an “alarming” amount of faults discovered during inspections.

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Boeing Boss Faces Washington Grilling After Blow-Out

In the instance of this specific plane, Boeing and Spirit employees worked together at a Boeing factory in Washington to identify and resolve concerns before delivery. The whistleblower claims that the bolts were removed throughout the work.

However, according to the post, a final examination of the door did not occur, which the account attributes to a failure in communication caused partly by Boeing’s use of two different computer systems to record and sign off on faults.

According to The Seattle Times, Boeing employees removed the fasteners, citing a different unnamed source.

Mr Calhoun referred inquiries to the National Transportation Safety Board to examine the event.

Alaska Airlines and United Airlines, which have two of the largest 737 Max 9 fleets, have expressed deep irritation with Boeing as the groundings cause turmoil and increased expenses.

In an interview with NBC News, Alaska Airlines CEO Ben Minicucci stated that there was “no doubt” that the plane came “off the production line with a faulty door”. He added that airline inspections had discovered “many” weak fasteners after the incident.

“I’m more than frustrated and disappointed,” he told me. “I am angry.

The statements highlight Boeing’s arduous task of restoring faith among its airline customers and the flying public, which was already traumatised by tragic crashes involving its planes in 2018 and 2019, which killed 346 people.

boeing

Boeing Boss Faces Washington Grilling After Blow-Out

The FAA is scrutinising Boeing’s manufacturing process and reconsidering its current system for approving aircraft, which delegated some of its authority to Boeing.

Kayak, an online travel agency, recently reported that inquiries by people looking to avoid Boeing 737 Max planes had increased 15-fold since the accident.

Mr Calhoun told reporters that he acknowledged the gravity of the situation.

“We fly safe planes – we don’t put [aeroplanes] in the air we don’t have 100% confidence in,” he said. “I’m here today in the spirit of transparency.”

Wheel comes off.

The event has brought other difficulties with Boeing planes, such as the nose wheel of a different Boeing plane model, a 757, which popped off while queuing up for takeoff in the United States on Saturday.

According to an FAA notification, the wheel fell off the Delta Air Lines flight from Atlanta and rolled down a hill, injuring none of the 184 passengers or six crew members.

Delta Air Lines reported that the plane was supposed to go to Bogota, Colombia, and passengers were transferred to a replacement trip.

It apologised to clients and stated that the “event remains under investigation”.

Boeing, which discontinued 757 deliveries in 2004, declined to comment on the event.

In response to the ongoing situation with Max 9s, Boeing’s chief executive of commercial aeroplanes, Stan Deal, stated that the plane maker had “let down our airline customers and are deeply sorry for the significant disruption to them, their employees, and their passengers”.

A representative stated that the company had “announced a series of immediate actions to strengthen quality,” which included additional inspections.

Kirkland H. Donald, a retired US Navy admiral, has been appointed to comprehensively evaluate Boeing’s commercial aircraft operations.

SOURCE – (BBC)

Business

Walmart To Acquire Smart TV Maker Vizio For $2.3 Billion In Bid To Boost Its Advertising Business

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Walmart is paying $2.3 billion for smart TV maker Vizio to boost its quickly growing advertising business and compete with Amazon.

If the purchase is completed, Walmart will gain access to Vizio’s SmartCast operating system, allowing the retail juggernaut to offer its suppliers the opportunity to display adverts on streaming devices.

Walmart Connect, which provides marketers with access to Walmart’s large consumer base, has helped the company grow its media and advertising business. Walmart reported on Tuesday that its global advertising business increased by nearly 28% to $3.4 billion last year.

The developments follow Amazon’s announcement last month that it will begin charging Prime members $2.99 per month to keep their films and TV series ad-free, in addition to the $14.99 per month or $139 per year Prime price.

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What does Walmart stand to gain from a television manufacturer?

Vizio’s SmartCast technology has 18 million active accounts and has increased 400% since 2018. The firms claim that Vizio’s platform has over 500 direct advertisers and that ads now account for most of the company’s gross profit.

In recent years, makers of streaming gear, such as Roku and Vizio, have moved their focus to advertising revenue. Vizio established its Vizio Ads business unit in 2019, claiming to be “one of the few connected TV companies with the device penetration, consumer opt-in, and infrastructure to deliver meaningful scale.”

Walmart saw Vizio’s growing consumer base and grabbed the opportunity to develop its Walmart Connect business.

“We believe the combination of these two businesses would be impactful as we redefine the intersection of retail and entertainment,” said Seth Dallaire, executive vice president and chief revenue officer at Walmart U.S.

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Who else is ramping up screen advertising?

Other large streamers, such as Netflix and Disney, have embraced the dual model, allowing them to generate revenue from commercials while simultaneously allowing customers to opt-out for a higher charge.

However, in the ever-changing streaming industry, whether consumers are prepared to pay more to see fewer commercials when they already pay subscription fees, frequently for numerous providers, remains to be seen. Many consumers “cut the cord” and ditched cable TV because they were frustrated with their ever-increasing fees.

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How did the companies’ shares fare?

Vizio stock rose about 15% in the afternoon, reaching $10.96 per share.

Walmart’s stock jumped 3.1% to $175.66 per share after exceeding Wall Street’s expectations with its sales and profit on Tuesday.

Roku, one of Vizio’s primary competitors, saw its stock drop 6.4% by midday.

SOURCE – (AP)

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Sacked Twitter Staff In Ghana Finally Get Pay-Off

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X, then known as Twitter, has finally paid out the employees it fired from its African offices more than a year ago, according to the agency that represents them.

Most had just been with the social media network in Ghana’s capital, Accra, for a few months before they were let go in November 2022.

They had threatened to sue X for failing to pay the redundancy money they said they were promised.

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Sacked Twitter Staff In Ghana Finally Get Pay-Off

The corporation has yet to respond.

X previously stated that it had paid ex-employees in full.

Elon Musk, who took over the corporation in 2022, launched a large global workforce layoff, dismissing almost 6,000 individuals. He said he was losing more than $4 million (£3.5 million) daily.

The African contingent, which numbered fewer than 20, had only recently relocated to X’s new office in

Accra after eight months of working from home during the COVID-19 outbreak.

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Sacked Twitter Staff In Ghana Finally Get Pay-Off

Agency Seven, the organisation providing legal representation to the workforce, stated that it had successfully obtained a redundancy settlement and repatriation fees for foreign employees but did not indicate the payout size.

“They are very pleased to finally be able to get their due, put this behind them, and look forward to the future,” Agency Seven Seven spokesperson Carla Olympio told the BBC.

Last year, terminated employees told the BBC that their treatment at X had impacted their mental health and money.

“It’s difficult when it’s the world’s richest man owing you money and closure,” one of them stated.

They claimed they were initially assured that they would be paid to work for one more month while their contracts were being terminated. However, they were instantly shut out of their emails, and no more wage payments were issued.

Since then, the crew has reported a difficult battle for compensation.

Some had migrated from adjacent nations, such as Nigeria. Their contract was terminated, leaving them and their families stuck in Ghana.

In a rare interview with the BBC last April, Mr Musk revealed that the social media powerhouse had 1,500 staff, down from just under 8,000 when he bought the company.

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Sacked Twitter Staff In Ghana Finally Get Pay-Off

When the news of Mr Musk’s extreme workforce reduction broke, he tweeted that laid-off employees received three months’ severance compensation.

However, staff members in the Africa office claim they still need this.

According to Agency Seven Seven, X only started negotiating with the terminated African staff after the BBC publicised the news.

Last year, ex-employees filed a complaint in a California court accusing X of failing to pay at least $500 million in promised severance benefits.

SOURCE – (BBC)

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TikTok Faces European Union Scrutiny For Possible Breaches Of Strict New Digital Rulebook

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Why Buying TikTok Views is the Best Way to Maximize Followers

LONDON — The European Union announced Monday that it is investigating whether TikTok violated the bloc’s harsh new digital standards for cleaning up social media and keeping internet users secure.

The European Commission, the EU’s executive department, said it has “opened formal proceedings to assess” whether TikTok violated the Digital Services Act, which went into effect last year.

The DSA is a comprehensive collection of regulations to keep internet users safe online, including measures to make it easy to flag dangerous or unlawful content such as hate speech, provide users with alternatives to algorithmic suggestions, and prohibit adverts targeting children.

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TikTok Faces European Union Scrutiny For Possible Breaches Of Strict New Digital Rulebook

The commission is looking at whether TikTok is doing enough to address “systemic risks” posed by its design, such as “algorithmic systems” that may promote “behavioural addictions.” It added measures such as age verification software to prevent children from accessing “inappropriate content” may not be “reasonable, proportionate, and effective.”

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TikTok Faces European Union Scrutiny For Possible Breaches Of Strict New Digital Rulebook

“Minor protection is the DSA’s primary enforcement priority. TikTok, as a platform that reaches millions of children and teens, must completely comply with the DSA and plays an important role in the protection of minors online,” said Thierry Breton, the EU’s internal market commissioner, in a news statement. “We are launching this formal infringement proceeding today to ensure that proportionate action is taken to protect the physical and emotional well-being of young Europeans.”

TikTok has “pioneered features and settings to protect teens and keep under 13s off the platform, issues the whole industry is grappling with,” the business stated in a statement. “We’ll continue to work with experts and industry to keep young people on TikTok safe, and look forward to now having the opportunity to explain this work in detail to the Commission.”

The commission also looks into TikTok’s minor privacy policies, ad transparency, and whether researchers can access data.

tiktok

TikTok Faces European Union Scrutiny For Possible Breaches Of Strict New Digital Rulebook

The EU has designated nearly two dozen of the largest internet and social media companies, including TikTok, deserving the most intense scrutiny under the DSA and heavy fines if they fail to comply. The bloc is already probing Elon Musk’s X, formerly known as Twitter, for breaches such as failure to control the dissemination of illicit content.

SOURCE – (AP)

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