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FlightAware withdraws lawsuit against Kalshi over flight-cancellation markets

FlightAware withdraws lawsuit against Kalshi over flight-cancellation markets

Aug 12 (Reuters) - Flight-tracking company FlightAware withdrew its lawsuit against Kalshi on Tuesday, a day after it filed the suit that accuses the prediction markets giant of using its data and name without its knowledge to host gambling markets on flight cancellations. 
Reuters Reuters
FlightAware sues Kalshi over flight-cancellation markets

FlightAware sues Kalshi over flight-cancellation markets

Aug 11 (Reuters) - Flight-tracking service FlightAware is suing prediction markets giant Kalshi accusing the company of using its data and name to run "gambling markets on flight cancellations" without permission.
USA Today USA Today
California senators want to curb placing bets on wildfires

California senators want to curb placing bets on wildfires

Officials say the practice could tempt people to commit arson and “influence” fires already burning.
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Frontier Airlines Faces Class Action Lawsuits Over Data Breaches

Frontier Airlines Faces Class Action Lawsuits Over Data Breaches

Frontier Airlines Faces Class Action Lawsuits Over Data Breaches
Rapid Read Rapid Read
New Orleans Implements AI in 911 Operations to Enhance Efficiency

New Orleans Implements AI in 911 Operations to Enhance Efficiency

New Orleans has introduced an AI triage tool to assist its 911 emergency services, managed by the Orleans Parish Communication District. This technology aims to streamline call handling by sorting and screening incoming calls, particularly repetitive ones, to prevent bottlenecks. Developed by Carbyne, the AI tool is part of a broader trend of integrating artificial intelligence into emergency services across the U.S. The tool has been in use for traffic-related emergencies since 2023 and complements a similar AI system for non-emergency 311 services.
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RSM Survey Reveals Canadian Firms Lag Behind U.S. in AI Integration

RSM Survey Reveals Canadian Firms Lag Behind U.S. in AI Integration

RSM Survey Reveals Canadian Firms Lag Behind U.S. in AI Integration
TheStreet TheStreet
Another low-cost airline to liquidate after shutting down, canceling all flights

Another low-cost airline to liquidate after shutting down, canceling all flights

While multiple low-cost airlines flew off with significant success in multiple parts of the world in the early 2000s, the model of luring in customers with a low base fare and then making up for it with ancillary charges gradually stopped working as operating costs rose and mainstream airlines ...
Reuters Reuters
Embraer shares surge on record second-quarter revenue, raised guidance

Embraer shares surge on record second-quarter revenue, raised guidance

By Isabel Teles SAO PAULO, Aug 10 (Reuters) - Brazilian planemaker Embraer reported record second-quarter revenue of 11.34 billion reais ($2.23 billion) on Monday, up 10% from a year earlier, alongside a broadly strong performance that triggered a 7% rise in its shares.
Reuters Reuters
US court rules Meta, other tech firms must face thousands of lawsuits over social media addiction

US court rules Meta, other tech firms must face thousands of lawsuits over social media addiction

By Diana Novak Jones Aug 10 (Reuters) - A U.S. appeals court on Monday allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat over claims they designed their products to be addictive to young users.
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Smart Glasses Pose Privacy Challenges Under U.S. Law

Smart Glasses Pose Privacy Challenges Under U.S. Law

Smart Glasses Pose Privacy Challenges Under U.S. Law
Reuters Reuters
Kalshi ties up with Nasdaq to bolster trade surveillance

Kalshi ties up with Nasdaq to bolster trade surveillance

Aug 10 (Reuters) - Prediction markets giant Kalshi has joined hands with Nasdaq to adopt the U.S. exchange heavyweight's market surveillance tool, as it looks to bolster the monitoring and oversight of trading activity on its platform.
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FAA Forecasts 24,600 eVTOL Departures in First Year, Highlighting Industry Growth

FAA Forecasts 24,600 eVTOL Departures in First Year, Highlighting Industry Growth

FAA Forecasts 24,600 eVTOL Departures in First Year, Highlighting Industry Growth