12/07/2024

Internet

Musk's X misleads users with blue checks, EU charges

Tech billionaire Elon Musk's X platform is deceiving users with its blue checkmarks for certified accounts, and is also violating EU content rules, Brussels said Friday, in a finding that could lead to hefty fines.

Business

Lufthansa issues profit warning, launches 'turnaround'

German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and launched a "turnaround" plan for its flagship carrier, which it warned might not break even.

Energy & Green Tech

Researchers move closer to green hydrogen via water electrolysis

Water electrolysis offers an ideal process for hydrogen production, which could play a key role in the global energy transition that increasingly relies on renewable electricity, but whose current production process is extremely ...

Business

Ericsson posts $1bn quarterly loss on Vonage write down

Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.

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