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Alaska Airlines launches investment arm to support goal of net-zero carbon emissions by 2040

GeekWire

Alaska Airlines on Monday announced the launch of Alaska Star Ventures to invest in new aviation technologies as part of the airline’s goal to reach net zero carbon emissions by 2040. Our filter is how do we get our operation to net zero and what are technologies that can help us along that path,” said Rakow.

Airlines 138
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5 tips for better business value from gen AI

CIO Business Intelligence

What success looks like can vary widely and range from reducing a call centers escalation rates, a food distributors sales order processing time, or a professional services companys new employee onboarding time, to an airline that personalizes customer communications or a media company that provides real-time language translation.

Data 358
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Amazon, Microsoft, Breakthrough Energy share climate news as ‘Climate Week’ kicks off

GeekWire

Amazon today announced that an additional 86 companies have joined its Climate Pledge, a nonbinding agreement to become net-zero carbon by 2040, which is a decade ahead of the target set by the Paris Agreement. The program is pursuing public-private partnerships to develop technology to cut carbon emissions.

Energy 144
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Gogo sells commercial in-flight internet business to bankrupt satellite provider

The Verge

Gogo, the in-flight internet provider, has found a buyer for its commercial airline business. The bankruptcy was seen as a means for Intelsat to begin paying down its nearly $15 billion debt load while positioning itself to participate in a Federal Communications Commission spectrum clearing program , the company has said.

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Explained: JetBlue stock nosedives 26% but company earnings land soft

Dataconomy

The airline is undertaking several strategies aimed at regaining profitability and increasing sales. The airline indicated that it plans to operate fewer flights in the first quarter compared to the previous year, and its projected revenue growth fell below earlier forecasts. This loss was narrower than Wall Street’s expected $0.29

Company 36
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I want to fly to Hawaii, but I don’t want to wreck the planet. With carbon offsets, can I do both?

GeekWire

But carbon offsets and removal are in ever greater demand, and folks are working to develop legitimate programs and technology in the space. But an overall greening of the airline industry is long, long ways off. As a CEO, you write a check and something happens somewhere and you get to claim that you’re net zero.

Energy 120
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Health benefits tech company Accolade sees revenue rise 24% to $36.8M, but stock dips

GeekWire

It beat revenue estimates and just missed on net loss expectations. ” Accolade, with headquarters in Seattle and Philadelphia, has customers including Comcast Cable, American Airlines, Lowe’s, and State Farm. .” The company, which went public in July, reported revenue of $36.8 billion in July.

Company 65