Latest news with #DavidFlynn
The Advertiser
04-08-2025
- Business
- The Advertiser
'Get in quick': Qantas frequent flyer points devaluation day looming
Qantas frequent flyers will need up to 20 per cent more points from August 5 to snag a free seat on a flight or an upgrade. It's the first time Qantas has devalued its points since 2019 and the second time since 2004. The increases typically range between five per cent and 20 per cent with the change affecting partner airlines as well. Qantas Loyalty CEO Andrew Glance said the adjustments were integral to the viability of the program. "A lot has changed in the last six years," he said. "These adjustments will ensure we can continue to invest in enhancing the program for the long term and continue to grow the levels of Classic and Classic Plus Reward seat availability for members year on year," he said. READ MORE: 'Air force baby': Why this Aussie TikToker is moving into Changi Airport If there was good news for travellers, it's that Economy Classic Flight Reward seats on Qantas' low-cost subsidiary Jetstar would drop from 6,400 Qantas Points to 5,700 Qantas Points on August 5. Also, Qantas frequent flyers have been earning up to 25 per cent more points on Qantas domestic flights since July. The full list of changes is found here. Executive Traveller editor-in-chief David Flynn told ACM that loyalty programs such as frequent flyer points were a "closed economy". "Qantas creates the points, and the only way you can earn the points is through Qantas or its partners," he said. "Because frequent flyer points are a closed economy, airlines have complete power to change the value of the points just like the government could change the purchasing power of the Aussie dollar." He advises people to book as much travel before August 5. "You can book today for flights up to July next year at the lower rate of points," he said. He advises people generally to avoid stockpiling points without a goal. "Absolutely earn the points if you have a goal in mind," he said. "But if they just keep earning and earning points, eventually at some stage those points will be devalued." READ MORE: Regional Qantas flight makes an emergency landing after wing flap issue Qantas frequent flyers will need up to 20 per cent more points from August 5 to snag a free seat on a flight or an upgrade. It's the first time Qantas has devalued its points since 2019 and the second time since 2004. The increases typically range between five per cent and 20 per cent with the change affecting partner airlines as well. Qantas Loyalty CEO Andrew Glance said the adjustments were integral to the viability of the program. "A lot has changed in the last six years," he said. "These adjustments will ensure we can continue to invest in enhancing the program for the long term and continue to grow the levels of Classic and Classic Plus Reward seat availability for members year on year," he said. READ MORE: 'Air force baby': Why this Aussie TikToker is moving into Changi Airport If there was good news for travellers, it's that Economy Classic Flight Reward seats on Qantas' low-cost subsidiary Jetstar would drop from 6,400 Qantas Points to 5,700 Qantas Points on August 5. Also, Qantas frequent flyers have been earning up to 25 per cent more points on Qantas domestic flights since July. The full list of changes is found here. Executive Traveller editor-in-chief David Flynn told ACM that loyalty programs such as frequent flyer points were a "closed economy". "Qantas creates the points, and the only way you can earn the points is through Qantas or its partners," he said. "Because frequent flyer points are a closed economy, airlines have complete power to change the value of the points just like the government could change the purchasing power of the Aussie dollar." He advises people to book as much travel before August 5. "You can book today for flights up to July next year at the lower rate of points," he said. He advises people generally to avoid stockpiling points without a goal. "Absolutely earn the points if you have a goal in mind," he said. "But if they just keep earning and earning points, eventually at some stage those points will be devalued." READ MORE: Regional Qantas flight makes an emergency landing after wing flap issue Qantas frequent flyers will need up to 20 per cent more points from August 5 to snag a free seat on a flight or an upgrade. It's the first time Qantas has devalued its points since 2019 and the second time since 2004. The increases typically range between five per cent and 20 per cent with the change affecting partner airlines as well. Qantas Loyalty CEO Andrew Glance said the adjustments were integral to the viability of the program. "A lot has changed in the last six years," he said. "These adjustments will ensure we can continue to invest in enhancing the program for the long term and continue to grow the levels of Classic and Classic Plus Reward seat availability for members year on year," he said. READ MORE: 'Air force baby': Why this Aussie TikToker is moving into Changi Airport If there was good news for travellers, it's that Economy Classic Flight Reward seats on Qantas' low-cost subsidiary Jetstar would drop from 6,400 Qantas Points to 5,700 Qantas Points on August 5. Also, Qantas frequent flyers have been earning up to 25 per cent more points on Qantas domestic flights since July. The full list of changes is found here. Executive Traveller editor-in-chief David Flynn told ACM that loyalty programs such as frequent flyer points were a "closed economy". "Qantas creates the points, and the only way you can earn the points is through Qantas or its partners," he said. "Because frequent flyer points are a closed economy, airlines have complete power to change the value of the points just like the government could change the purchasing power of the Aussie dollar." He advises people to book as much travel before August 5. "You can book today for flights up to July next year at the lower rate of points," he said. He advises people generally to avoid stockpiling points without a goal. "Absolutely earn the points if you have a goal in mind," he said. "But if they just keep earning and earning points, eventually at some stage those points will be devalued." READ MORE: Regional Qantas flight makes an emergency landing after wing flap issue Qantas frequent flyers will need up to 20 per cent more points from August 5 to snag a free seat on a flight or an upgrade. It's the first time Qantas has devalued its points since 2019 and the second time since 2004. The increases typically range between five per cent and 20 per cent with the change affecting partner airlines as well. Qantas Loyalty CEO Andrew Glance said the adjustments were integral to the viability of the program. "A lot has changed in the last six years," he said. "These adjustments will ensure we can continue to invest in enhancing the program for the long term and continue to grow the levels of Classic and Classic Plus Reward seat availability for members year on year," he said. READ MORE: 'Air force baby': Why this Aussie TikToker is moving into Changi Airport If there was good news for travellers, it's that Economy Classic Flight Reward seats on Qantas' low-cost subsidiary Jetstar would drop from 6,400 Qantas Points to 5,700 Qantas Points on August 5. Also, Qantas frequent flyers have been earning up to 25 per cent more points on Qantas domestic flights since July. The full list of changes is found here. Executive Traveller editor-in-chief David Flynn told ACM that loyalty programs such as frequent flyer points were a "closed economy". "Qantas creates the points, and the only way you can earn the points is through Qantas or its partners," he said. "Because frequent flyer points are a closed economy, airlines have complete power to change the value of the points just like the government could change the purchasing power of the Aussie dollar." He advises people to book as much travel before August 5. "You can book today for flights up to July next year at the lower rate of points," he said. He advises people generally to avoid stockpiling points without a goal. "Absolutely earn the points if you have a goal in mind," he said. "But if they just keep earning and earning points, eventually at some stage those points will be devalued." READ MORE: Regional Qantas flight makes an emergency landing after wing flap issue
Business Wire
19-06-2025
- Business
- Business Wire
Hammerspace Now Available on Oracle Cloud Marketplace
SAN MATEO, Calif.--(BUSINESS WIRE)--Hammerspace, the standards-based data platform that simplifies AI infrastructure and an Oracle partner, today announced its solution is available on the Oracle Cloud Marketplace and can be deployed on Oracle Cloud Infrastructure (OCI). Oracle Cloud Marketplace is a centralized repository of enterprise applications offered by Oracle and Oracle partners. With the Hammerspace Tier 0 solution, enterprises can transform existing local NVMe storage into ultra-fast, persistent shared storage inside OCI GPU virtual machines (VMs), eliminating the need for replication and avoiding delays or compromises. Hammerspace helps enable enterprises to leverage the full potential of existing GPU server capacity in hybrid cloud, multi-cloud and geographically distributed environments by providing a high-performance global namespace that spans sites, clouds and storage systems. It allows data to be sourced from on-premises storage and delivered directly to GPU resources in OCI at maximum speeds. With the Hammerspace Tier 0 solution, enterprises can transform existing local NVMe storage into ultra-fast, persistent shared storage inside OCI GPU virtual machines (VMs), eliminating the need for replication and avoiding delays or compromises. The Tier 0 solution enables enterprises to feed thousands of GPUs in parallel, reducing idle cycles and supporting low-latency data access for both reads and writes. This capability accommodates a wide variety of workloads, including training, inference and high-performance computing. In recent OCI performance benchmarks, the Hammerspace Tier 0 solution delivered 2.5X faster read bandwidth, 2X higher write throughput, and 51 percent lower latency when compared to the same client servers connected to external networked storage running on OCI. These results were achieved using OCI bare metal shapes, with zero custom software or hardware, leveraging the Hammerspace Tier 0 solution, which utilizes low-latency NVMe storage local to OCI GPU VM shapes. 'We are excited about adding Hammerspace's high-performance Data Platform to the Oracle Cloud Marketplace,' said Cameron Bahar, SVP and GM, OCI. 'The Hammerspace Tier 0 solution will help OCI joint customers to optimize file system performance for their GPU-based HPC and AI workloads.' 'OCI's leadership in performance, price, and GPU availability makes this a critical partnership for us,' said David Flynn, founder and CEO of Hammerspace. 'Enterprise AI needs more than raw compute — it needs data delivered with zero friction. Hammerspace Tier 0 transforms local NVMe storage into a shared, global, high-performance data plane that our customers are using right now to power the next generation of AI in OCI. Hammerspace's participation in Oracle Cloud Marketplace further extends our commitment to the Oracle community and enables customers to easily reap the benefits of reduced storage costs, lower power consumption and increased GPU utilization.' Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications and services that offer unique solutions. Designed to run any application faster and more securely for less, OCI can help address a variety of data privacy, sovereign AI, and low latency requirements. It is the only hyperscaler capable of delivering 200+ AI and cloud services at the edge, in a customer's data center, across clouds, or in the public cloud. Oracle's distributed cloud delivers the benefits of the cloud with greater control and flexibility while also providing the consistent performance, Service Level Agreements (SLAs) and global pricing, for which OCI has become known. About Hammerspace Hammerspace is a high-performance data platform built to simplify AI infrastructure at scale. It makes all your data immediately accessible, anywhere — across on-prem and cloud environments — without copying or migrating data. Hammerspace integrates with your existing storage, networking, and applications to create a unified, high-speed data backbone for AI, accelerating every stage of the AI pipeline while eliminating data silos. Learn more at About Oracle's Partner Program Oracle's partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit Trademark Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company — ushering in the new era of cloud computing.
The Irish Sun
03-06-2025
- Business
- The Irish Sun
Major recall issued on popular Irish food favourite over deadly bacteria infection – which kills one in five
A MAJOR recall was issued for a popular Irish food item due to the presence of Listeria. More severed infections can "causing serious complications" and kill roughly one in five people, with a case fatality rate of around 20 per cent. Advertisement 2 The Happy Pear Lovely Basil pesto has been recalled due to listeria Credit: The Happy Pear is recalling the above batch of The Happy Pear Lovely Basil Pesto due to the presence of Listeria is a rare food-borne illness but is very serious once diagnosed. Symptoms of the disease include flu, sickness, diarrhoea and meningitis. The Advertisement Read more on Health The time between initial infection and first symptoms appearing is usually three weeks but in some cases it can take between three and 70 days. Some people are more susceptible to the With pregnant women, babies, and people with weakened immune systems, including the elderly being among those at high risk. Shoppers of the popular Irish food line have been advised not to eat the implicated batch from the Food Safety Authority of Ireland (FSAI). Advertisement Most read in The Irish Sun Exclusive The health food brand established by twin brothers Stephen and David Flynn has also advised retailers to remove the product from shelves. Customers are asked to check their products, as the warning is for the batch code 514 and use-by date of 10/07/2025. Grocery store staple to disappear from shelves and 'it's happening now' but official insists there's easy way to stop it Meanwhile, another major food brand has recently been recalled from stores. A "do not eat" warning has been issued due to wheat, or gluten, not being included on the ingredients label. Advertisement THG Nutrition Limited is recalling the Myprotein Gooey Filled This popular product is a possible health risk for anyone with coeliac disease , and/or an allergy or intolerance to wheat or gluten. Customers have been warned that the 75g packets and the box of 12 75g packs have been recalled. According to the HSE, roughly 1 in every 100 people in Ireland has coeliac disease. Advertisement It can cause a range of symptoms that include diarrhoea, abdominal pain and bloating. All batch codes are affected, with a best-before date from June 17, 2025 to July 16, 2026. 2 The Food Safety Authority of Ireland have listed the symptoms of the disease Credit: Getty Images - Getty
Irish Daily Mirror
03-06-2025
- Health
- Irish Daily Mirror
Urgent recall issued for popular Happy Pear product due to food poisoning fears
An urgent recall has been issued on a popular product from vegan food brand The Happy Pear over food safety fears. The Food Safety Authority of Ireland (FSAI) announced on Monday (June 2) that a recall notice has been issued for a specific batch of The Happy Pear Lovely Basil Pesto. The implicated batch of The Happy Pear Lovely Basil Pesto being pulled from shelves has a batch code of 5149 and a best before date of 10/07/2025. The Happy Pear, a healthy-food brand started by twin brothers Steven and David Flynn in 2004, is recalling the popular product due to the presence of Listeria monocytogenes, a type of disease-causing bacteria that can contaminate many foods. Symptoms of listeria monocytogenes infection can include mild flu-like symptoms, or gastrointestinal symptoms such as nausea, vomiting and diarrhoea. In rare cases, the infection can be more severe, causing serious complications. Some people are more vulnerable to Listeria monocytogenes infections; including pregnant women, babies and people with weakened immune systems, including the elderly. The incubation period (time between initial infection and first symptoms appearing) is on average three weeks but can range between three and 70 days. Wholesalers/distributors are requested by the FSAI to contact their affected customers and recall the implicated batches and provide a point-of-sale recall notice to their retail customers. The FSAI has also warned consumers not to eat the implicated batches of pesto and return the affected product for a full refund, while caterers have also been warned not to use the implicated batch. For the latest news and breaking news visit Get all the big headlines, pictures, analysis, opinion and video on the stories that matter to you. Follow us on Twitter @IrishMirror - the official Irish Mirror Twitter account - real news in real time. We're also on Facebook/irishmirror - your must-see news, features, videos and pictures throughout the day from the Irish Daily Mirror, Irish Sunday Mirror and
Yahoo
16-04-2025
- Business
- Yahoo
Hammerspace, an unstructured data wrangler used by Nvidia, Meta and Tesla, raises $100M at $500M+ valuation
Artificial intelligence services at their heart are massive data plays: you need data — a lot of it — to build the models, and then the models need efficient ways to ingest and output data to work. A company called Hammerspace has built a system to help AI and other organisations tap into data troves with minimal heavy lifting, and it's been seeing impressive adoption. Now, with customers including NVIDIA, Meta, Tesla, Palantir and the Department of Defense as well as other very recognisable names, Hammerspace is announcing $100 million in funding to expand its business. The funding is being described as a 'strategic venture round,' and it values Hammerspace at over $500 million, sources close to the company told TechCrunch. Its backers include Altimeter Capital and ARK Invest, alongside strategic investors that are not being disclosed. The investors are being described as 'highly participatory.' The funding is notable because it points to the ecosystem developing around the value that the market sees in AI companies, which are raising billions of dollars both to build their capital-intensive businesses and meet massive demand. But as Jamin Ball, a partner at Altimeter, noted, 'You don't have an AI strategy without a data strategy.' So a company that is building a platform to enable that data strategy can itself become very valuable, too. Hammerspace said much of its growth so far has been through word-of-mouth. It will be using a portion of this funding to expand on that more proactively with sales and marketing. Hammerspace previously raised $56 million from Prosperity7 Ventures (the venture arm of Saudi Aramco), ARK Invest, Pier 88 Hedge Fund, and other unnamed investors. Prior to that, it was self-funded by its CEO and co-founder David Flynn, the pioneer technologist known for his early work on Linux, supercomputers and flash computing. There are a vast number of companies that have set out to plug the big gap that exists in the data market today. "Vast" is an operative word here, as it is one of the companies that competes with Hammerspace, along with Dell, Pure Storage, Weka and many others in the worlds of data orchestration, file management, data pipeline, and data management. That gap goes something like this: The apps and other digital services we use to work and do everything else in life these days produce a lot of potentially valuable data. But data troves exist in silos — they're fragmented, stored across multiple (competing) clouds and other environments, and are often unstructured. That makes them a challenge to use. This gap applies across a wide range of enterprise use cases, but perhaps the biggest of these at the moment is AI. 'AI has been the perfect storm for needing what I have built,' Flynn said in an interview. Hammerspace, as we've noted before, is named after the concept first coined from cartoons and comics, where characters pull objects they need out of thin air. This is, in effect, what Hammerspace does. The startup provides a way of making large amounts of data, regardless of where it lives or how it is used, accessible and available to an organization just when they need it, and keeping it out of the way when they do not. As Flynn describes it, typically the way that enterprises would have worked with data would be to port it from wherever it is to where it needs to be processed. 'You need to install stuff on every system,' he said. 'It's a mess.' It's also slow. 'The AI arms race is such a sprint,' he said. With 'time to value' now a key priority for these companies, Hammerspace is signing up a lot of customers that are anxious about idle time. Flynn's background in flash computing is central to Hammerspace's breakthrough. Built on Linux, ubiquitous in the database world, he could see that the key to organising data across disparate locations was to create a file system to do so. The heart of this is the Linux kernel NFS client, ubiquitous across many of the data systems. Hammerspace's co-founder and CTO Trond Myklebust was the lead developer of the Linux kernel NFS client, and the startup remains its lead maintainer. The 'file system' that the company has built for managing, moving and orchestrating data is based on a particular implementation in Linux that taps this. What it does, Flynn said, 'is unique across the industry.' Longer term, Flynn said last year that Hammerspace may go public as early as this year. That timeline has changed now but the direction has not. "Yes, IPO is absolutely the Hammerspace intended strategy," Flynn said. "We likely are still approximately two years out (dependent on market conditions)." This article originally appeared on TechCrunch at Sign in to access your portfolio
