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News on Medial
Boeing Strikers Have Leverage to Extract Meaningful Change
Livemint
·
11m ago
Medial
The potential machinists strike at Boeing could have a devastating impact on the company and its already struggling supply chain. With 96% of the machinists union supporting the strike, Boeing may face weeks of disruptions and significant costs. The company is already facing financial challenges, with cash burn, a high debt burden, and a potential downgrade in ratings. A suggestion to resolve the situation includes tying an extra bonus to future share repurchases, aligning worker incentives to the company's financial decisions. However, this idea may face resistance and may not be pursued.
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Airlines ready to trust Boeing again, but want quality and safety in place
Livemint
·
1y ago
Medial
Boeing is focused on regaining customer trust after facing scrutiny over the safety of its aircraft. Airlines are willing to trust the company again, but they expect Boeing to prioritize quality and safety. Ongoing investigations into incidents involving Boeing planes have slowed down deliveries, with May's deliveries amounting to half of what they were a year ago. Boeing has implemented a management reshuffle and presented a safety and quality plan to the Federal Aviation Administration. While airlines are cautiously optimistic about the new management, they stress the need for Boeing to return to its previous standards of excellence.
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Brands look to quick commerce for fast growth, but costs remain a concern - The Economic Times
Economic Times
·
1m ago
Medial
Quick commerce is emerging as a crucial component for brands in India, despite high operational costs, especially for direct-to-consumer (D2C) brands. It's considered meaningful and fast, contributing significantly to startup revenues, as noted by Simran Khara of Koparo. Response times in marketing are critical for conversion rates, according to Meta's Gaurav Jeet Singh. India's quick commerce market is projected to grow rapidly, with many brands joining platforms to leverage trends like the Indian Premier League.
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X changes its terms to bar training of AI models using its content | TechCrunch
TechCrunch
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2m ago
Medial
Social network X has updated its developer agreement to prohibit the use of its content for training AI models. This step ensures that third parties cannot leverage the platform’s data for AI model training without permission. This change follows xAI's acquisition of X, reflecting a strategic move to protect its data assets. Similar measures have been adopted by other tech companies like Reddit and The Browser Company to restrict access for AI crawlers.
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Boeing calls time on the Great American Outsourcing
Livemint
·
1y ago
Medial
Boeing has announced its plans to acquire Spirit AeroSystems, an aircraft-fuselage maker, in an all-stock deal. This acquisition signals a shift away from a decades-long trend of outsourcing in the corporate world. The pandemic significantly impacted jet production, leading to losses for Spirit AeroSystems. Additionally, their quality-control issues have caused problems for Boeing. The deal with Boeing will help resolve some of those issues, and both companies believe that vertical reintegration will benefit air-travel safety. This turnaround demonstrates a growing realization that outsourcing may not always be ideal.
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Why women leaders are missing from decision-making roles in India
Livemint
·
1m ago
Medial
Women occupy 21% of board seats in India's listed companies, but only one woman typically serves per company. Despite a presence in workforce entry-level positions, their representation dwindles to 17% at the C-suite level, as per the DivHersity Benchmarking Report 2023-2024. The issue is not a lack of talent but entrenched systems favoring traditional pathways and networks. A shift in leadership perception is necessary for meaningful change, moving beyond mere tokenism.
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Boeing focused on winning back public's trust: Executive VP Raymond
Livemint
·
12m ago
Medial
Boeing aims to regain public trust after facing challenges and safety concerns, like the Alaska Airlines mid-air cabin panel incident. Newly appointed CEO Kelly Ortberg believes they need to deliver a high-quality and safe product on time. The company reported a net loss of $1.44 billion in the June quarter, mainly due to cost overruns. Supply chain issues have affected aircraft deliveries, but progress is being made. Boeing is focused on getting its MAX aircraft back to 38 per month and delivering parked inventory. In India, Boeing faces competition from Airbus, but continues to seek partnerships and opportunities in the market.
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Inside Boeing’s struggle to make its best-selling plane again
Livemint
·
8m ago
Medial
Since ending a strike at its U.S. plane factories, Boeing has been slow to increase production of its 737 MAX jet. Safety inspectors have been scouring planes for missed flaws during the work stoppage, and workers have been renewing their safety licenses. This cautious approach has gained praise from regulators and airline CEOs, but some smaller suppliers are hesitant to staff up again, creating uncertainty in the supply chain. However, Boeing restarted MAX production last week and hopes to produce 15 to 20 jets this month.
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From Hustle to Heart: Ghazal Alagh’s 5 Life Lessons You Won’t Find in a Strategy Deck
StartupTalky
·
1m ago
Medial
Ghazal Alagh, Co-founder of Mamaearth, shared five key life lessons for 2025: prioritize steady progress over perfection, find clarity and purpose behind commitments, prioritize health and well-being, distinguish between busyness and productivity, and make active choices for real change. She advocates valuing personal well-being and meaningful pursuits over relentless hustle, emphasizing that success often requires slowing down, pausing, and focusing on what truly matters, whether it’s family, health, or purposeful endeavors.
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WhatsApp to end support for older iPhones in May 2025; check the full list
Livemint
·
8m ago
Medial
WhatsApp is reportedly ending support for older iPhone models starting from May 2025. The platform will no longer work on iPhone versions older than iOS 15.1, affecting devices such as iPhone 5s, iPhone 6, and iPhone 6 Plus. Users on these models will need to upgrade their devices or find alternative messaging platforms. The change does not impact Android users. WhatsApp aims to leverage advanced technologies and APIs in newer iOS versions to introduce new features and enhance security and performance. Users have been given ample notice to make necessary transitions.
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European startups still have a long way to go to achieve gender parity
TechCrunch
·
2y ago
Medial
European startups are far from achieving gender parity, according to a report. Women remain significantly underrepresented in leadership positions and investment opportunities in the startup ecosystem. Despite some progress, the study highlights the need for increased efforts to address gender inequality and promote diversity in the European startup landscape. Initiatives focusing on equal opportunities and support for women entrepreneurs are essential for driving meaningful change. Women are still underrepresented in the European tech ecosystem. Only 22% of startups created in 2022 included a woman in the founding team.
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