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Author's articles
Qantas says profits down but reputation rebounding
Qantas reported a slide in half-year net profits Thursday but said its reputation had "bounced back" under a new leader after taking a battering since the Covid-19 pandemic. Qantas said its net profit dropped 13.2 percent year-on-year to Aus$869 million (US$570 million) in the six months to December 31.
Nvidia quarterly profit soars on demand for AI chips
Nvidia on Wednesday said its profit soared to $12.3 billion in the recently ended quarter on record high revenue driven by demand for its chips to power artificial intelligence. The Silicon Valley chip titan reported record revenue of $22.1 billion in the quarter than ended late January and record high revenue of $60.9 billion for the fiscal year.
Boeing replaces 737 MAX chief after January mid-air scare
Boeing announced Wednesday that the head of its 737 MAX program is departing the aviation giant less than two months after a major safety incident temporarily grounded 171 planes. Clark had ascended to the role in March 2021, shortly after a 20-month grounding of the MAX program following two fatal crashes in 2018 and 2019.
ChatGPT cranks out gibberish for hours
ChatGPT spewed nonsensical answers to user's queries for hours Tuesday into Wednesday before eventually returning to its apparent senses. It wasn't until more than 16 hours had passed that OpenAI updated the page with a message that ChatGPT was operating normally.
US Fed divided on risk of cutting rates too soon: minutes
The US Federal Reserve was divided in January over the risks of cutting interest rates too soon or too late, although most members voiced concern about moving early, according to minutes of the meeting published Wednesday.
'It's frightening': YouTubers split over OpenAI's video tool Sora
US firm OpenAI debuted a tool last week that can generate highly realistic snippets of video from just a few lines of text, leading content creators to wonder if they are the latest professionals about to be replaced by algorithms. YouTube itself announced last September it was developing a tool to let creators make AI-generated videos and background pictures.
Bundesliga investor deal collapses after fan protests
The German Football League (DFL) on Wednesday dropped a huge cash injection deal with investors for a share of Bundesliga media revenues after widespread fan protests, a U-turn hailed by fanclubs as a "success" for supporters. Under the circumstances, the completion of the deal "cannot be guaranteed", he said, adding that the decision to drop the investor tie-up was unanimous.
Two dead, two hurt in Dutch bridge accident
At least two people died on Wednesday and two more were injured when part of a bridge under construction crashed down on workers in the Netherlands, Dutch officials said. We saw two construction workers fall down."
Utah parenting vlogger sentenced to prison for child abuse
A Utah mother-of-six who doled out parenting advice on a popular YouTube channel has been sentenced to prison for abusing her children, holding two of them in conditions prosecutors likened to concentration camps. Utah prosecutor Eric Clarke said Franke and Hildebrandt held two of the children, then aged nine and 11, in a "concentration camp-like setting."
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