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SpiceJet Posts $108 Million Loss Due To MAX Grounding And COVID

SpiceJet saw a $108 million loss in the quarter ending March 31. The airline has been hit hard by the COVID-19 pandemic, relying heavily...

Spotify users are streaming again, but ad revenues still suffer due to COVID crisis – TechCrunch

The COVID-19 pandemic’s continued impact on Spotify’s business was apparent in the results of the company’s Q2 2020 earnings today. On some fronts,...

Boeing’s First 777X Delivery Has Been Delayed To 2022

Boeing has delayed the delivery schedule for the 777X family currently being put through a thorough testing program. The American aerospace manufacturer today told...

Hearsay, maker of compliant tools for financial services, deepens ties with Salesforce – TechCrunch

Financial services companies like banks and insurance tend to be heavily regulated. As such they require a special level of security and auditability. Hearsay,...

When Will We See Passenger Traffic Return To Pre-COVID Levels?

Global passenger numbers are not expected to return to pre-COVID-19 levels until 2024, the International Air Transport Association (IATA) said yesterday. That is one...

Remitly raises $85M at a $1.5B valuation, says money transfer business has surged – TechCrunch

Remittances — when people send money internationally to family and friends, or as a payment — has long been one of the most important...

Death Of The Queen: Boeing Confirms End Of The 747 Program

In conjunction with its first quarter results announcement, planemaker Boeing has confirmed that the 747 production will end. In an open letter to employees,...

CVS adds another Big Health product to its point solutions management program – TechCrunch

CVS Caremark launched its point solutions management program with a sleep service from Big Health nearly a year ago, and now it’s adding another...

Boeing Lost $2.4 Billion From April To June

Boeing lost $2.4 billion in the second quarter from April to June. The American aerospace giant released the figures today, which show a smaller...

Humana partners with Heal and invests $100 million in the company’s doctor-on-demand service – TechCrunch

“The doctor’s office is dead.” That’s the way Nick Desai, the co-founder and chief executive of the Los Angeles-based startup Heal describes the future of...

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