Business

Southwest Airlines unveils electric air taxi venture

US carrier Southwest Airlines plans to jointly develop a fleet of electric air taxis to serve the California market with transportation startup Archer Aviation, the companies announced Friday.

Business

Reining in AI: What NZ can learn from EU regulation

Artificial Intelligence now underpins many of our activities in public and private spheres, including work, education, travel, and leisure. But its rapid development and increased use has been led primarily by commercial ...

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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