Computer & Technology

How the world’s busiest airport envisions post-COVID travel

3 weeks ago Jaime E. Love

By Tracy Rucinski

CHICAGO (Reuters) – With COVID-19 ravaging the aviation industry, airlines and airports worldwide are reining in costs and halting new spending, except in one area: reassuring pandemic-wary passengers about travel.

“Whatever the new normal (…) it’s going to be more and more around self-service,” Sean Donohue, chief executive of Dallas-Forth Worth International Airport (DFW), told Reuters in an interview.

The airport is working with American Airlines <AAL.O> – whose home base is DFW – to roll out a self-check-in for luggage, and all of its restrooms will be entirely touchless by the end of July with technology developed by Infax Inc. They will have hands-free sinks, soap, flushing toilets, and paper towel dispensers, which will be equipped with sensors to alert workers when supplies are low.

“One of the biggest complaints airports receive are restrooms,” Donohue said.

Dallas is piloting three technology options for luggage check-ins: Amadeus’s

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Rackspace Technology, Inc. Files Registration Statement for Proposed Initial Public Offering

3 weeks ago Jaime E. Love

SAN ANTONIO–(BUSINESS WIRE)–Rackspace Technology, Inc. (“Rackspace Technology”) today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. Rackspace Technology has applied for listing its common stock on the Nasdaq Global Select Market under the ticker symbol “RXT”. The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Goldman Sachs & Co. LLC, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are serving as joint lead book-running managers and as representatives of the underwriters for the proposed offering. RBC Capital Markets, LLC and Evercore Group L.L.C. are also serving as book-running managers for the proposed offering. Barclays Capital Inc., BMO Capital Markets Corp., Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and HSBC Securities (USA) Inc. are serving as bookrunners

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Tesla’s approach to self-driving technology is completely different from its rivals. See how it works.

3 weeks ago Jaime E. Love
Analysis banner
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Business Insider

Hands on the wheel, please!
Hands on the wheel, please!

REUTERS/Alexandria Sage/File Photo

  • Tesla has taken a radically different path to developing fully autonomous vehicles, when compared with competitors, such as Waymo and Cruise.

  • Tesla CEO Elon Musk is confident; last week, he said Tesla could achieve “level five” autonomy this year — meaning no human intervention required.

  • Waymo and Cruise have concentrated in relatively narrow use-cases, while Tesla’s technology could be be broadly applied. 

  • But Waymo and Cruise are also dedicated self-driving companies, while Tesla is also producing and supporting electric vehicles.

  • Visit Business Insider’s homepage for more stories.

Last week in China, Tesla CEO Elon Musk revisited his enthusiasm for the carmaker’s prospects of delivering fully-autonomous vehicles, and soon.

“I remain confident that we will have the basic functionality for level five autonomy complete this year,” he said, as reported by Bloomberg.

“I think there are no

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Undaunted, US global media chief plows ahead with changes

3 weeks ago Jaime E. Love

WASHINGTON (AP) — Despite a barrage of criticism from both Democrats and Republicans, the new chief of U.S. global media is plowing ahead with changes to the Voice of America and other international broadcasters that are heightening concerns about their future as independent news organizations.

Although Agency for Global Media chief executive Michael Pack has assured Congress that VOA and its sister networks will remain independent and pledged he would consult lawmakers on significant developments, last week he initiated personnel changes and began a review of visas for foreign employees.

Some fear the moves will damage the institution’s credibility and its ability to fulfill its congressionally mandated mission to broadcast impartial news around the world by turning the operation into a propaganda machine for President Donald Trump. Others, though, see them as important and long-needed reforms.

Pack on Wednesday fired the executive editor of Radio Free Asia, Bay Fang, whom

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Did Hedge Funds Make The Right Call On Marvell Technology Group Ltd. (MRVL) ?

3 weeks ago Jaime E. Love

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards Marvell Technology Group Ltd. (NASDAQ:MRVL) and determine whether hedge funds skillfully traded this stock.

Hedge fund interest in Marvell Technology Group Ltd. (NASDAQ:MRVL) shares was flat at the end of last quarter. This is usually a negative indicator. The level and the change in hedge fund popularity

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