September 20, 2024

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American Airlines in Talks to Make Citigroup Exclusive Credit Card Partner

Key Points American Airlines is in talks to make Citigroup its exclusive credit card partner, potentially ending its partnership with Barclays. Co-branded credit card partnerships are essential for airlines, generating billions in revenue annually. American’s AAdvantage program earned $5.2 billion last year, trailing behind Delta’s earnings from its American Express partnership. Citigroup, led by CEO Jane Fraser, is expected to secure the deal due to its more profitable customer base. American Airlines is negotiating with Citigroup to become its exclusive...

Latest September 20, 2024

Ukraine Bans Telegram on Official Devices Amid Spying Concerns

Key Points Ukraine bans Telegram on official devices due to concerns about Russian espionage. The ban applies to state officials, military personnel, and critical workers' official devices, but not personal phones. Kyrylo Budanov presented evidence that Russian services can access Telegram messages and users' data. Telegram is widely used in Ukraine and Russia, especially since the war began in 2022....

Public Cloud Computing Market in 2024

Public cloud computing has emerged as a cornerstone of the modern digital era, providing businesses and individuals with robust and scalable computing resources and services over the Internet. The public cloud model involves hosting and delivering applications, data storage, and computing power through third-party service providers. Over the years, the adoption of cloud computing has skyrocketed, and the public cloud...

Huawei Mate XT Launch Faces Supply Issues Amid High Demand in China

Key Points The Huawei Mate XT tri-foldable phone launched in China is available for confirmed pre-orders. At $2,800, it costs over twice the iPhone 16 Pro Max. Analysts had warned of supply chain constraints, which affected availability at launch; pre-orders surpassed 6.5 million. Apple’s iPhone 16 launch in China has been overshadowed by Huawei’s new release and a lack of...