Monthly Archives: August 2022

Don’t expect super-cheap airfares to return any time soon, warns budget airline boss

Ryanair CEO Michael O’Leary expects people to continue flying despite high inflation. Horacio Villalobos/Getty Images Ryanair’s CEO told the BBC its average fare will be about €50 over the next five years. Michael O’Leary blamed the 25% increase on soaring fuel costs. He still expects people to fly frequently, with more travelers switching to cheaper…

The man who built his own ISP to avoid huge fees is expanding his service

Given a choice between settling for pathetically slow internet speeds from AT&T or paying Comcast $50,000 to expand to his rural home, Michigan resident Jared Mauch chose option “C”: starting up his own fiber internet service provider. Now, he’s expanding his service from about 70 customers to nearly 600 thanks to funding aimed at expanding…

Medical simulation platform FundamentalVR raises $20M to help surgeons learn through VR

FundamentalVR, an immersive simulation platform for medical and health care professions, has raised $20 million in a round of funding to “accelerate skill-transfer and surgical proficiency” through virtual reality (VR) and mixed reality (MR) applications. Despite its decades-long promise, VR hasn’t traveled too far beyond gaming circles or niche industrial use-cases, though this is something…

India’s getting around sanctions against Russia by using Asian currencies to buy Russian coal

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi in May 2018. Getty Images Indian companies are switching from the US dollar to Asian currencies to buy coal from Russia. They’ve used the Chinese yuan, the Hong Kong dollar, and the UAE dirham in recent weeks, per Reuters. India has become a large buyer…

Trump pleaded the Fifth more than 400 times during his deposition in New York, only answering a question about what his name is, according to a report from NBC News

A file photo of Donald Trump. Scott Olson/Getty Images A source told NBC News Trump pleaded the Fifth more than 440 times during his Wednesday deposition. Trump attorney Ron Fischetti said Trump only answered one question about what his name was. Trump in 2018 railed against pleading the Fifth, saying only “the mob” did that….