logo
US criticizes use of AI to set personalized airline tickets, would investigate

US criticizes use of AI to set personalized airline tickets, would investigate

Reuters2 hours ago
Aug 5 (Reuters) - U.S. Transportation Secretary Sean Duffy said Tuesday the department has concerns about the use of AI to set personalized airline ticket prices and will investigate if anyone does so.
Last week, Delta Air Lines (DAL.N), opens new tab told lawmakers it will not use AI to set prices for individual consumers. "To try to individualize pricing on seats based on how much you make or don't make or who you are, I can guarantee you that we will investigate if anyone does that," Duffy said. "We would engage very strongly if any company tries to use AI to individually price their seating."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Popular comedy show puts Trump in its sights yet again
Popular comedy show puts Trump in its sights yet again

The Independent

time4 minutes ago

  • The Independent

Popular comedy show puts Trump in its sights yet again

South Park will continue to satirize the Trump administration, with an upcoming episode featuring Immigration and Customs Enforcement (ICE) descending on the fictional town and a scene depicting Trump with Satan. The previous episode of the long-running animated series launched a scathing critique of Trump, referencing the 'Epstein list', his lawsuits, and the prospect of government censorship. Co-creators Trey Parker and Matt Stone have confirmed they will not hold back on their satirical content, despite the show's move from HBO Max to Paramount+ as part of a $1.5 billion streaming deal. The show depicted Trump suing the town of South Park for 5 billion, eventually settling for 3.5 billion in exchange for 'pro-Trump messaging' in public service announcements. The White House responded to the initial episode with a strongly worded statement criticizing the 'hypocrisy of the Left', despite the episode drawing a record audience.

Ukraine's PM speaks to US Treasury Secretary about investment fund
Ukraine's PM speaks to US Treasury Secretary about investment fund

Reuters

time4 minutes ago

  • Reuters

Ukraine's PM speaks to US Treasury Secretary about investment fund

Aug 5 (Reuters) - Ukraine's prime minister said on Tuesday that she and U.S. Treasury Secretary Scott Bessent had discussed prospects for completing the first three projects of a new investment fund within its first 18 months of operation. Yulia Svyrydenko, the main driving force behind the creation of the fund, said she and Bessent had discussed the fund's operations and "continuing and strengthening cooperation in the defense and investment sectors". "We are working on expanding its mandate so that the fund can also invest in the defense sector," Svyrydenko wrote in English on the X social media platform. "The first meeting of the board of directors is scheduled for September. The task is to launch the first three projects within 18 months." Svyrydenko was speaking to Bessent for the first time as prime minister since her appointment last month. As first deputy prime minister, she had signed the agreement setting up the fund in April as part of an accord, heavily promoted by U.S. President Donald Trump, to develop Ukraine's mineral resources. In her comments, Svyrydenko also said she and Bessent had discussed a potential broad defence agreement that Ukrainian President Volodymyr Zelenskiy has cited regarding production and sale of Ukrainian drones. They also discussed the prospect of imposing tougher sanctions on Russia, a measure Ukraine has long sought. Trump has warned Russia that he will introduce more sanctions on Moscow if it does not make more progress on ending the war before a deadline set for Friday.

Report: Claire's inches closer to bankruptcy after missing rent
Report: Claire's inches closer to bankruptcy after missing rent

Daily Mail​

time4 minutes ago

  • Daily Mail​

Report: Claire's inches closer to bankruptcy after missing rent

Another mall icon slips toward bankruptcy as missed rent payments and debt pile up. Claire's — the suburban Chicago-born chain that helped generations of tweens pierce their ears and make friendship bracelets — is reportedly racking up millions in debt. Founded in 1961, the retailer became a mall mainstay thanks to its ear piercings, glittery jewelry, and shelves stacked with trend-chasing trinkets for tween and teen girls. Claire's missed rent on some stores in June and July, according to Bloomberg , and has been hunting for a buyer since late June . It's also staring down nearly $500 million in loans due by the end of 2026. In May, the chain reportedly skipped interest payments to conserve cash — a classic sign of distress. A restructuring team is now steering operations behind the scenes. A source told Daily Mail that stores will stay open during the negotiations. But missed rent payments may foreshadow store closures — and potentially the end of one of America's last chains dedicated solely to young girls and early teens. A representative for Claire's didn't immediately respond to request for comment. Claire's stores are often a rite of passage for middle school-aged kids, featuring a vast array of glittery plastic earrings, necklaces, rings, keychains, and hats. The cheap, glitzy fashions often have price tags under $10. But that accessibility comes at a cost: Claire's has long relied on inexpensive imports from China to keep prices low. Products produced in China are currently facing a 30 percent tariff as part of President Donald Trump's signature economic policy. They could be subject to even higher import fees, depending on current negotiations between US and Chinese officials. A pause on larger tariffs for Chinese-produced goods is set to end in mid-August. Meanwhile, inflation-strained consumers have rapidly cut back on their retail spending , casting doubt on Claire's future outlook. Claire's said it pulled in about $1.3 billion in sales last year from its global stores, according to documents seen by Bloomberg. The company generates the bulk of its revenue — roughly $720 million — from its North American stores. Claire's has faced steeper financial struggles in the past. The company declared bankruptcy in 2018 after it was unable to repay its loans. It exited bankruptcy seven months later after wiping close to $1.9 billion from its balance sheet. Mall Fall

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store