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☆ New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
▼ + stars: | 2024-10-23 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

watch nowQuarterly lossesBoeing reported a more than $6 billion loss for the third quarter, its largest since 2020 when the pandemic halted most aircraft demand and its bestselling airplane was grounded after two crashes. It disclosed charges of more than $5 billion across its commercial and defense units and said it ended the third quarter with $10.5 billion in cash and marketable securities. Its commercial airplane unit's losses swelled to more than $4 billion from a $678 million loss a year before. Ortberg announced the departure of the defense unit's CEO, Ted Colbert, in September. He is expected to face questions on the call about which units or projects the company will consider shedding.

Persons: David Ryder, Kelly Ortberg, Ortberg, CNBC's Squawk, Brian West, Ted Colbert, we've, LSEG, Rockwell Collins, Max, weren't Organizations: Boeing Co, Bloomberg, Getty, Boeing, KC, International, NASA, CNBC, Alaska Airlines Locations: Renton , Washington, US

☆ A detailed look at children’s brains might show how sex and gender are different, new study says
▼ + stars: | 2024-07-12 | by ( Jen Christensen | ) edition.cnn.com time to read: +8 min

CNN —Sex and gender are often conflated or equated in everyday conversations, and most American adults believe a person’s gender is determined by sex assigned at birth. But a new study of nearly 5,000 9- and 10-year-olds found that sex and gender map onto largely distinct parts of the brain. The researchers on the new study defined sex as what was assigned to the child at birth. They also hope to see how different cultures affect a person’s gender and their brain development. The study did not look at whether sex or gender were congruent or incongruent in any study participant.

Persons: ”, Elvisha, Dr, Dani S, Bassett, “, ” Bassett, ” Dhamala, —, Sanjay Gupta, Avram Holmes, Holmes, “ It’s, ” Holmes Organizations: CNN, Feinstein Institutes for Medical Research, Zucker Hillside, University of Pennsylvania, Bioengineering, Systems Engineering, Physics, Astronomy, Neurology, Psychiatry, Research, London, Conservative, CNN Health, Rutgers University Locations: Glen Oaks , California, United States

☆ Bad news for coders: The US is past peak software developer
▼ + stars: | 2024-06-22 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

A new ADP Research Institute report shows employment for software developers has declined from January 2018. Related storiesJob-search platform Indeed has its own running index of job postings for the software development sector. Swallowing a pay cut is a tough ask for software developers who were earning top dollar just a few years ago." AdvertisementData from Handshake, a platform where students can look for work, suggests a cooler demand for software developers or engineers. Have you made a career change from or to software development or another tech job?

Persons: —, Daniel Zhao, Glassdoor's, Zhao, Nela Richardson, Richardson, Nick Bunker, Bunker, Randy Tarnowski, Tarnowski, they're Organizations: Service, ADP Research, Business, North America, Bureau of Labor Statistics

☆ I worked at SpaceX. It was the most ruthlessly efficient company I've ever worked for.
▼ + stars: | 2024-05-08 | by ( Jamie Killin | ) www.businessinsider.com time to read: +7 min

This is an as-told-to essay based on a transcribed conversation with Vincent Peters, founder of Inheritance AI and former SpaceX employee discussing his career path and experience at SpaceX. I was introduced to people on the SpaceX Mission team, and ultimately, they asked me to interview with them for a job at SpaceX. What it's like working at SpaceXSpaceX is the most efficient company I've ever worked for. AdvertisementThat mentality is how I started working on Starlink. In 2020, I asked to help and was allowed to work on their projects in addition to my work at SpaceX.

Persons: Vincent Peters, couldn't, Freddie Mac, I'd, Gwynne Shotwell, I've, it's, It's, We're Organizations: Service, SpaceX, Business, Federal Aviation Administration, US Government, SpaceX Mission, International, NASA, Department of Defense, SpaceX SpaceX, Elon Locations: West, cubicles, Elon

☆ I worked at SpaceX where Elon Musk was a cubicle away. At Elon's companies, it's add value or leave.
▼ + stars: | 2024-05-08 | by ( Jamie Killin | ) www.businessinsider.com time to read: +8 min

Vincent Peters worked in military compliance when he was poached to work at SpaceX. So I graduated on medical leave, couldn't be deployed, and continued on medical leave for another six months before being discharged. I was introduced to people on the SpaceX Mission team, and ultimately, they asked me to interview with them for a job at SpaceX. AdvertisementThat mentality is how I started working on Starlink. In 2020, I asked to help and was allowed to work on their projects in addition to my work at SpaceX.

Persons: Vincent Peters, —, couldn't, Freddie Mac, I'd, Gwynne Shotwell, I've, it's, It's, We're Organizations: SpaceX, Service, Federal Aviation Administration, US Government, SpaceX Mission, International, NASA, Department of Defense, SpaceX SpaceX, Elon Locations: West, cubicles, Elon

☆ Force of Ship Collision Was on the Scale of a Rocket Launch
▼ + stars: | 2024-03-28 | by ( Aatish Bhatia | Francesca Paris | ) www.nytimes.com time to read: +9 min

Erin Schaff/The New York TimesForce of Ship Collision Was on the Scale of a Rocket LaunchThe container ship Dali appeared to move sluggishly before striking the Francis Scott Key Bridge in Baltimore on Tuesday. Experts disagreed on whether it was reasonable for any bridge pier to withstand a direct collision with a massive container ship. F = ma force mass acceleration F = ma force mass accelerationOur first task, and a major source of uncertainty, was finding those numbers. F= (100,000 to 195,000 metric tons) × (7.8 mph - 2.5 mph) / 38 seconds mass acceleration F= (100,000 to 195,000 metric tons) × (7.8 mph - 2.5 mph) / 38 seconds mass acceleration For the actual calculation, we used metric units. We tried one more method: using a formula to calculate the ship collision force published by the American Association of State Highway and Transportation Officials, the industry organization that publishes bridge safety standards.

Persons: Erin Schaff, Dali, Francis Scott Key, “, ”, Ben Schafer, Nii, Sherif El, Themistoklis Sapsis, Tawil Organizations: The New York Times Force, Empire, Saturn, Johns Hopkins, University of Maryland, University of Michigan, M.I.T, American Association of State, Transportation, U.S . Army Corps, Engineers, Reuters, Sunshine Skyway Locations: Baltimore, Dali, Tampa Bay, Florida

☆ Penn is the first Ivy League to offer a degree in AI
▼ + stars: | 2024-02-14 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Penn announced its new program in AI on Tuesday, and it's the first of the Ivys to do so. But over the last 10 years, the engineering program has been aligning itself more toward AI and onboarding AI courses. The BSE in AI will offer courses in machine learning, computing algorithms, data analytics, and advanced robotics. In addition to being the first Ivy League to offer a degree in AI, Penn is also the first school to offer a degree in AI engineering. Carnegie Mellon was one of the first schools to start an AI undergraduate program back in 2018.

Persons: —, Neera, Penn, J, Larry Jameson, Penn Engineering Robert Ghrist, Ghrist, Carnegie Mellon Organizations: Service, University of Pennsylvania, Penn, Artificial Intelligence, Telcom Ventures, Business, Education, Penn Engineering, Ivy League, Carnegie, MIT, Stanford Locations: Northwestern

☆ Elon Musk’s SpaceX Starship rocket and spacecraft lost in second test flight
▼ + stars: | 2023-11-18 | by ( Leighton Rowell | Jackie Wattles | ) edition.cnn.com time to read: +10 min

The Super Heavy booster and Starship spacecraft successfully separated after liftoff, as the Starship lit up its engines and pushed away. SpaceX's Starship launches on its second test flight from the Starbase facility in Boca Chica, Texas, on Saturday morning. The method was used to separate the Starship spacecraft and Super Heavy rocket after liftoff. Then, the spacecraft’s flight termination system was triggered to prevent it from veering off course, bringing an early end to the test flight. After April’s explosive first test flight, SpaceX noted “success comes from what we learn, and we learned a tremendous amount.”

Persons: Eric Gay, ”, John Insprucker, Artemis, “ Congrats, Bill Nelson, —, @SpaceX, Jim Free, Elon Musk, Kate Tice Organizations: CNN, Super, Starship, SpaceX, SpaceX's, Federal Aviation Administration, Boca, FAA, NASA, SpaceX Quality Systems Engineering Locations: of Mexico, Boca Chica , Texas, Hawaii

☆ Medical imaging struggles to read dark skin. Researchers say they’ve found a way to make it easier
▼ + stars: | 2023-10-16 | by ( Kaitlyn Schwanemann | ) edition.cnn.com time to read: +5 min

CNN —Traditional medical imaging – used to diagnose, monitor or treat certain medical conditions – has long struggled to get clear pictures of patients with dark skin, according to experts. Researchers say they have found a way to improve medical imaging, a process through which physicians can observe the inside of the body, regardless of skin tone. They found that a distortion of the photoacoustic signal that makes the imaging more difficult to read, called clutter, increased with darkness of skin. The applications of photoacoustic technology vary, but with the researchers’ new developments, it may help diagnose health issues more accurately and equitably. We know there’s no basis in the human genome for racial sub-speciation.”This study isn’t the first to find skin color biases in medical technology.

Persons: –, Muyinatu Bell, it’s, ” Bell, Theo Pavan, “, ” Pavan, ”, Guilherme Fernandes, Camara Jones, ” Jones, Bell Organizations: CNN, Ultrasonics Systems, JHU, University of São Paulo, American Public Health Association Locations: Brazil

☆ Investing in Space: A reality check on SPAC frenzy revenue projections
▼ + stars: | 2023-10-12 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +13 min

Overview: Forecast or fantasyWe're now at least two years on from when a slew of space companies went public during the SPAC frenzy, and, look, none of them look great. Now a bit further down the road, I want to look at a different financial metric: 2023 revenue projections. I ran an informal series for a while to mark when a space company announced it was going public. The rest of the pack isn't as on the mark: A few companies are roughly halfway to their earlier 2023 revenue projections, or performing even better. Spire forecast 2023 revenue of $227 million and is closing in on about $107 million.

Persons: Angela Weiss, CNBC's Michael Sheetz, it's, I'd, Here's, Derek Tournear, Ron Rosano, Trevor Beattie, Namira Salim, –, REx, Christopher Povak, Lisa Watson, Morgan, – Watson, Morgan Starliner, General, NASA Astrobotic, Andy Lapsa Organizations: New York Stock Exchange, AFP, Getty, Terran, Galactic Astra, CNBC, Pentagon, Space Development Agency, LinkedIn, Galactic, NASA, NASA NRO, Soyuz, – Reuters, Reuters SpaceX, FAA, Federal Aviation Administration, IAC, Lunar Research, SpaceX, Boeing NASA, Moonshots Capital, Lavrock Ventures, Veteran Fund, Mana Ventures, AIN Ventures, Capital Factory, Astra, – Bloomberg, ViaSat, Viasat Locations: Russian, Azerbaijan, Russia, Venezuela, South Africa, Florida, Washington, CNBC Los Angeles

☆ I was told I couldn't direct planes because I was a woman. I ended up a mission planner for the world's most powerful space telescope, the James Webb, instead.
▼ + stars: | 2023-09-09 | by ( Maiya Focht | ) www.businessinsider.com time to read: +6 min

Kari Bosley is the lead mission planner for the James Webb Space Telescope at the Space Telescope Science Institute. Thirteen years ago, I landed a job in the grants department at Space Telescope Science Institute. They support the daily activities of NASA's different space missions, including the Hubble Space Telescope, Nancy Grace Roman Space Telescope, and James Webb Space Telescope. The James Webb Space Telescope is the most powerful space telescope ever built, and has led to numerous scientific discoveries and firsts since it was launched to space. NASA’s James Webb Space Telescope captured the Ring Nebula in unprecedented detail with its mid-infrared instrument.

Persons: Kari Bosley, James Webb, wasn't, Amelia Earhart, Nancy Grace, Getty, NASA’s James Webb, Webb, Barlow, Cox, It's Organizations: Telescope Science, Service, Telescope Science Institute, NASA, Challenger, Space Telescope Science Institute, Hubble, James Webb Space Telescope, Space, NASA’s James Webb Space Telescope, ESA, CSA, UCL, Wesson, Cardiff University, Communications, JPL, Caltech Locations: Wall, Silicon, California

☆ What is the LK-99 superconductor? Everyone is talking about how it could change the world, but experts say we're still a long way off
▼ + stars: | 2023-08-04 | by ( Sindhu Sundar | Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

South Korean scientists claim to have made a superconductor, LK-99, that works at room temperature. But electricity that travels along a superconductor barely loses energy along the way. That's the premise behind LK-99, a possible superconductor material that scientists in South Korea say they have devised, which has been dominating headlines and social media posts in the past week or so. To that end, some experts are trying, but this holy grail has eluded scientists for many years, so the prospects are still a long way off, experts told Insider. "So low power energy chips is one major area in chip design."

Persons: Leonard Kahn, Kahn, Edwin Fohtung, Elif Akçalı, Akçalı, it's, Meissner, we're, Siddharth Joshi, Joshi, Navid Asadi, Asadi, Dale Rogers Organizations: Service, Department of Physics, University of Rhode Island's College, Rensselaer Polytechnic Institute, University of Florida, University of Notre Dame, Arizona State University Locations: Wall, Silicon, South Korea

☆ Here's an exclusive look at the pitch deck that Y Combinator alum Careerist, a tech career training and job placement startup, used to raise $8 million
▼ + stars: | 2023-03-29 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +3 min

Careerist is an edtech startup that helps train and recruit workers for open tech jobs. Now, the team has grown to over 100 employees and just raised $8 million in venture capital funding. Careerist also offers tech recruiting help, automating the job application process to help users find viable leads for new roles. The accelerator helped the Careerist team get in touch with investors for the company's seed round and also many employer partners, and was very helpful in figuring out how best to grow the business, Tysbaev said. Check out the 12-slide pitch deck Careerist used to raise $8 million:

☆ Singapore's tech salaries mostly jumped in 2022, new report shows
▼ + stars: | 2023-03-07 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

"The outlook for 2023 in the tech talent and hiring market is expected to show a continued demand for tech talents, although at a slower rate compared to the past few years," wrote the Tech Salary Report 2023 by Nodeflair and Iterative. Tech salaries in Singapore mostly jumped in 2022 despite a string of tech layoffs and a slowdown in hiring, according to a new report. The roles with the highest wage increases year-on-year are blockchain engineers (+15.62%), mobile engineers (+11.73%) and site reliability engineers (+10.63%), according to findings of the Tech Salary Report 2023. Salaries of software engineers in Singapore also hit a record high after increasing an average of 7.6% in 2022. "The growth in salaries is unlikely to reach double digits, reflecting a more stable and balanced market," the report said.

☆ How to find a job in the one tech market that is not seeing layoffs: Cybersecurity
▼ + stars: | 2023-01-26 | by ( Kaitlin Balasaygun | ) www.cnbc.com time to read: +7 min

Sakorn Sukkasemsakorn | Istock | Getty ImagesStrong demand for cybersecurity workers is continuing even as big technology companies lay off thousands of employees. But with a supply-demand ratio currently at 68 workers per 100 job openings, the nearly 530,000 more cybersecurity workers need in the U.S. went up year over year. The total number of employed cybersecurity workers was estimated at 1.1 million, steady year over year. Lightcast says that public sector job demand trend isn't a one-year phenomenon, growing by 58% over the past three years in all. Related to that, the Washington, D.C. metro area accounted for 19% of all public sector domestic cybersecurity job listings.

☆ Amazon's drone delivery unit hit with layoffs just as 10-year-old project finally launches
▼ + stars: | 2023-01-20 | by ( Annie Palmer | ) www.cnbc.com time to read: +12 min

Two employees said Carbon, who replaced Prime Air co-founder Gur Kimchi, was hired to turn Prime Air into a real business with a sensible budget. Sources with knowledge of Prime Air said cuts in the drone delivery business were expected considering the division's many struggles. Monica Williams, a College Station resident, poses with a Prime Air drone at a community event in July. College Station residents also expressed concern about the prospect of drones harming the deer, foxes and birds that are native to the area. "As we continue to expand, we will update you when drone delivery is available for your household."

[1/3] Toshiya Imura, 38, a comedian-turned-investor, poses for a photograph during an interview with Reuters in Tokyo, Japan December 26, 2022. REUTERS/Issei KatoTOKYO, Jan 13 (Reuters) - Japan's newest star investor has no car or hobbies and rarely eats out. Small investors took notice and piled into the companies, which have become known as "Imura stocks". "Good business performance alone can't become alpha," he said, referring to the returns on an investment that exceed a benchmark. Mitsui Matsushima, Sumiseki and First Bank of Toyama all declined to comment when asked about Imura.

☆ Their colleges banned TikTok over security fears. These students vow it won't stop them from scrolling.
▼ + stars: | 2022-12-28 | by ( Daysia Tolentino | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kahlan-Rosenblatt.Jpg | ) www.nbcnews.com time to read: +7 min

But a handful of students at the affected universities who spoke with NBC News say the newly enacted policies won’t stop them from scrolling their For You pages. Kay Ivey banned TikTok on state-owned devices and networks on Dec. 12, citing cybersecurity issues and fears over Chinese spying. Lawmakers in the U.S. House and the Senate also proposed a bipartisan bill to ban TikTok federally on Dec. 13. A University of Oklahoma spokesperson said the school is complying with Stitt’s executive order. Texada said he felt that TikTok, beyond helping with marketing, has also been a resource for the university community, particularly international students.

☆ Google and Amazon ignore employee protests and plow ahead with deals involving the US military, ICE, and CBP
▼ + stars: | 2022-09-28 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +5 min

Google and Amazon used third parties for contracts with DHS and DOD agencies in the past year. Their dissent has been largely ignored, according to an Insider review of contracts involving Google and Amazon. In the same time frame, Amazon used third parties to work with DHS agencies at least 28 times, including at least 14 contracts with CBP. As Insider previously reported, these companies have used third parties to work with CBP as well as Immigration and Customs Enforcement. Google and Amazon employees have a history of speaking out against their companies' work with the military and immigration enforcement.

☆ Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot
▼ + stars: | 2022-09-20 | by ( ) www.nbcnews.com time to read: +5 min

Humanoid robots have been in development for decades by Honda Motor Co and Hyundai Motor‘s Boston Dynamics unit. And it’s the same way with humanoid robots to some extent,” the lead of NASA’s Dexterous Robotics Team, Shaun Azimi, told Reuters. Musk acknowledged that humanoid robots do not have enough intelligence to navigate the real world without being explicitly instructed. But he said Tesla can leverage its expertise in AI and key components to develop and produce smart, yet less expensive, humanoid robots at scale. Jonathan Hurst, chief technology officer at Agility Robotics, a humanoid robot firm founded in 2015 said the technology “is right now starting to turn the corner.”“Certainly, an important measure of success is do they make money from it,” he told Reuters, referring to Tesla’s humanoid robot efforts.

☆ Elon Musk faces skeptics as Tesla gets ready to unveil 'Optimus' robot
▼ + stars: | 2022-09-20 | by ( Hyunjoo Jin | ) www.reuters.com time to read: +6 min

A humanoid robot developed by Tesla, known as Tesla Bot or Optimus, is shown in a frame grab from the live video of Tesla's AI Day streamed on August 20, 2022. Humanoid robots have been in development for decades by Honda Motor Co (7267.T) and Hyundai Motor Co (005380.KS)'s Boston Dynamics unit. And it's the same way with humanoid robots to some extent," the lead of NASA's Dexterous Robotics Team, Shaun Azimi, told Reuters. Musk acknowledged that humanoid robots do not have enough intelligence to navigate the real world without being explicitly instructed. "Certainly, an important measure of success is do they make money from it," he told Reuters, referring to Tesla's humanoid robot efforts.

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