walking out, cutting rates, folding phones

Pelican Press · September 13, 2024

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STORY: From why Boeing can’t catch a break, to how Huawei stole Apple’s thunder, this is the Week in Numbers.

:: 96%

96% was the proportion of Boeing’s West Coast factory workers who voted to go on strike.

They opted against accepting a pay deal that offered 25% wage increases.

It’s terrible timing for Boeing, which was already in turmoil after incidents including a midair blowout on one of its best-selling 737 MAX jets.

:: $150 billion

$150 billion is the value set to be put on OpenAI in a new fundraising round, up almost three-quarters on earlier in the year.

That’s according to reports by Bloomberg.

The news came as the startup launched new AI models, which it claims can solve the toughest problems.

:: 3.5%

3.5% is the new interest rate at the ********* Central Bank.

It cut its benchmark by a quarter of a percentage point.

Bank chief Christine Lagarde said declining price pressures made the move possible:

“Based on our updated assessment of the inflation

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… // it is now appropriate to take another step in moderating the degree of monetary policy restriction.”

:: $2,800

$2,800 is the hefty price tag for Huawei’s new flagship phone, which folds into three panels.

The launch came just hours after Apple updated its handsets.

******** fans said AI ability gives Huawei the lead, as the new iPhones won’t immediately come with the tech.

:: 100 trillion

:: AT&T

And 100 trillion is how many megabytes of wireless data ********* used in 2023.

The record figure was up more than a third on the year before, with the jump driven by the growing adoption of 5G phones.

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#walking #cutting #rates #folding #phones

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