In this article .FKRX300-9.26 (-0.80%) Telecommunication firms should be able to deliver urban air mobility: SK Telecom watch now BARCELONA, Spain — South Korean telecommunications giant SK Telecom is planning to launch a flying taxi service in 2025 and expects it to generate “significant” revenue going forward, a senior executive told CNBC. Last year, SK Telecom and U.S. firm Joby Aviation inked a tie-up to develop air taxis for the South Korean market. Joby Aviation is a maker of so-called electric vertical take-off and landing vehicles. These electric flying vehicles are a seen by advocates as a way to transport people around dense cities and avoid traffic. The South Korean government is pushing forward with trying to commercialize air taxis by 2025. SK Telecom and Joby Aviation are looking to take advantage of the government backing. Ha Min-yong, chief development officer of SK Telecom, told CNBC in an interview Sunday that the company’s air taxi service will be made available commercially “sometime in the middle of 2025,” before expanding to other areas like logistics. “So by 2025, if we are able to prove that the service quality is acceptable to the general public with the safety and also security, […]

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Illustration: Sarah Grillo/Axios The generative AI revolution will be monetized, but nobody can yet say exactly how. The big picture: It seems logical that if AI can conduct conversations and produce images, companies will figure out how to use it to build revenue and profits — but there’s no guarantee, and the technology could also become a money sink for early adopters. What’s happening: In the short to medium term, the winners will likely be the owners of the foundational AI models — like Microsoft and OpenAI — who can charge others to use them for experiments and new applications. If those experiments in applying generative AI’s capabilities to specific commercial problems and consumer desires succeed, then we might see broader new businesses emerge built on tech’s two time-tested business models, advertising and fees or subscriptions. In the meantime, the news around projects like ChatGPT and Bing AI may quickly shift from the gee-whiz world of mindblowing sci-fi breakthroughs to very mundane nuances of B2B pricing. Driving the news: As it rolled out the generative-AI-enabled version of its Bing search engine, Microsoft also announced big hikes in the price for outside developers to plug their programs into Bing via […]

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The Nokia G22, built with repairability in its DNA. The new Nokia G22, which was rolled out Feb. 25, is designed to be repaired at home. Its battery can be replaced in 5 minutes with a guitar pick, OO screwdriver, and sim card tray pin. The device comes in two colors, has a battery life of up to three days, and starts at £149.99. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . HMD Global, the exclusive licensee of Nokia, wants us to change how we treat our smartphones. People typically discard or sell their phones when the battery reaches the end of its lifespan or the screen starts to show its age. But the Finnish firm has developed the G22 in the hope that consumers will hold onto their handsets much longer. The Nokia G22 has been designed to […]

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Ajay Samant, dean of the Illinois State University College of Business, presents Maj. Gen. Rich Neely, the adjutant general of Illinois and commander of the Illinois National Guard, with the Hall of Fame award during the induction ceremony Feb. 23 at the ISU campus in Normal. Also pictured is Neely’s wife, Tammy. BARBARA WILSON, ILLINOIS NATIONAL GUARD PUBLIC AFFAIRS OFFICE NORMAL — Illinois National Guard Commander Maj. Gen. Rich Neely was inducted into the College of Business’ 2023 Hall of Fame at Illinois State University on Thursday. Neely is also the adjutant general of Illinois. He is a 1989 graduate from the university. He also has a master’s degree in public administration, policy and leadership from the National Defense University. Neely was among five individuals inducted into the Hall of Fame. He offered advice to College of Business students during the ceremony. Maj. Gen. Rich Neely, the adjutant general of Illinois and commander of the Illinois National Guard, offers advice to students at the Illinois State University College of Business during the Hall of Fame induction ceremony in Normal on Feb. 23. Neely, a 1989 graduate of ISU, was among five inductees into the 2023 ISU College of Business […]

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Key Takeaways Trust and transparency provide the foundation for effective conversations. You won’t be successful until you can have open and meaningful conversations with business stakeholders. Frame scope discussion in terms of business outcomes, not features. Features may or may not deliver desired outcomes and may come and go, but outcomes are relatively stable and tend to be refined but not completely invalidated. Every conversation with a business stakeholder will probably turn into a conversation about money. And what they are most concerned about is not absolute cost, but cost-effectiveness. Cost thresholds can help teams make better architectural decisions. Understanding the cost threshold of an outcome helps the IT team make choices that can improve profitability without compromising the outcomes the solution delivers. An application is like an iceberg: business stakeholders only see features "above the water", so most of the development team’s architectural decisions are invisible and "underwater". Discuss architectural decisions in terms of customer experience to help stakeholders understand the trade-offs between different alternatives. Quality Attributes can help to frame this discussion by helping you to talk about the quality of the customer’s experience in concrete and measurable ways. "Almost every problem in software development is fundamentally […]

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BIRMINGHAM, Ala. (WBRC) – If there was an action movie about a person whose superpower was running a successful business, what would you call it? More importantly, would you buy a ticket to see it? Elevating Black business owners to hero status was one of Bob Dickerson’s goals for this year’s A.G. Gaston Conference at the BJCC. Nearly 700 people attended on February 21 and 22 to hear from those who are on the come-up or creating conditions to pull others up. “One of the things that we’ve always wanted to do was to elevate entrepreneurs, especially Black entrepreneurs, to heroic status” says Dickerson, a former banker who founded the conference nearly 20 years ago, in part, to pay tribute to his hero who was also Alabama’s first Black millionaire. “And we know that A.G. Gaston, because he was so successful as an entrepreneur, became a hero. But, we need to celebrate our other business owners. Now, business ownership is hard. It’s tough. Sometimes it’s not rewarding, but we consumers, especially Black consumers, need to lift up, hold up, and promote Black entrepreneurship.” The lineup Dickerson and his team assembled for the conference included: Nicholas Perkins – CEO of […]

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Company to host conference call and webcast today at 8:30 a.m. EST CARMIEL, Israel, Feb. 27, 2023 /PRNewswire/ — Protalix BioTherapeutics, Inc. (NYSE American:PLX) (TASE:PLX), a biopharmaceutical company focused on the development, production and commercialization of recombinant therapeutic proteins produced by its proprietary ProCellEx ® plant cell-based protein expression system, today reported financial results for the fiscal year ended December 31, 2022 and provided a business update on recent corporate and regulatory developments. "We are proud to have had a productive 2022 and start to 2023, culminating in the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP) positive opinion recommending marketing authorization for PRX–102 for adult patients with Fabry disease," said Dror Bashan, Protalix’s President and Chief Executive Officer. "We completed the pivotal parts of our PRX–102 phase III clinical program this year with the closeout of the BRIGHT and BALANCE trials, forming the basis for regulatory submissions to the EMA and U.S. Food and Drug Administration (FDA), both of which were accepted for review. Patients from the various trials remain under treatment with PRX–102 in two different open-label extension studies; 1 mg/kg every two weeks or 2 mg/kg every four weeks." "As we move […]

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Fab Food Chicago’s Instagram page Every week on The Dining Table podcast , host David Manilow shares his own experiences from some of Chicago’s best places to eat, drink and shop. Crain’s reporters bring expert insight into all aspects of the city’s restaurant and food scene. And we welcome chefs, culinary experts, cookbook authors, bartenders, business owners and more to discover what makes them tick. Here’s what you’ll find in the latest episode: A conversation with a foodie influencer Soo Park first launched Fab Food Chicago, her food-focused social media profile, as a hobby in 2015. "Back then, it wasn’t as competitive," she says of the influencing business. "As I started to meet business owners, I realized a lot of people didn’t know how to use social media." Park started consulting restaurant groups on how to build a presence online. Fast-forward a few years, social media is now almost mandatory for restaurants as a resource to attract potential new customers. "Social media is all about storytelling," she says. "It’s a media you can control. It’s not like a Yelp or something else where someone is putting their opinion on it, so I think it’s a great way to reach […]

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The restaurant serves vegan versions of chicken and waffles, tacos and loaded fries. COLUMBUS, Ohio — A Black restaurant owner near downtown Columbus said she has overcome several roadblocks to make her community a healthier place. On the corner of Oak and East 18th streets sits Lifestyle Caf e . "We have the best waffle in Columbus and that’s my story and I’m sticking to it," said the owner of the restaurant, Shanna Dean. Dean, who also goes by "Chef Bae," is a first-time restaurant owner. "Lifestyle Cafe was born out of a conversation between friends about eating clean food that was delicious, like amazingly delicious, so that was our goal," Dean said. The restaurant serves vegan versions of chicken and waffles, tacos and loaded fries. Credit: Lifestyle Cafe "When you are undercapitalized, you have inconsistencies with marketing, so it takes a lot of persistence, perseverance with just the stuff to keep going," Dean said. Derrick Clay, one of Dean’s business partners and the Vice Chair of the Columbus Chamber of Business, encourages entrepreneurs to utilize the Columbus Chamber of Commerce for support in building their visions. "We have the urban business connection program that actually lifestyle cafe was […]

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By Evan Nierman, Founder & CEO of Red Banyan , a global crisis PR firm. Co-author of The Cancel Culture Curse and author of Amazon bestseller Crisis Averted Getty Cancel culture: It’s a buzzword that seems to be popping up everywhere, and for good reason. Like it or not, cancel culture is changing people’s lives. Comics can be canceled because critics don’t like their jokes, celebrities can be canceled because people disagree with their politics and private individuals can be canceled because someone didn’t like something they posted online. Recognizing an online attack and having a plan to address the fallout can help businesses and leaders avoid negative consequences. Unfortunately, these situations often happen without warning. Having a crisis plan in place can be key to weathering online accusations and coming out on the other side as unscathed as possible. Understand The Definition Of Cancel Culture Cancel culture can foment a climate of fear. Cancel culture involves removing status or esteem from someone or something based on behavior or comments someone views as offensive. Accusers select their target, then rally the troops in a call to action, sometimes based on false accusations. The fallout can be fast, furious and […]

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