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Jeju 737 crash inquiry faces data recording setback

Jeju 737 crash inquiry faces setback; final 4 minutes missing from both recorders, complicating investigation.

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Jeju 737 crash inquiry faces setback with final 4 minutes missing from both recorders.

Korean investigators are facing challenges in their inquiry into the Jeju Air Boeing 737-800 crash at Muan.

Both flight recorders have failed to capture the last four minutes of the flight, hindering the investigation.

During the accident on 29 December, the aircraft overran the runway and hit a localiser while attempting a gear-up and flapless landing.

Of the 181 passengers and crew on board, only two survived.

The South Korean Ministry of Transport has reported that the cockpit-voice recorder was retrieved in an intact condition, but the flight-data recorder was found with a damaged connector.

Data from the cockpit-voice recorder was extracted, but it revealed that recording stopped four minutes before the collision.

The ministry has stated that the cause of this data loss is currently unknown.

To assist with the investigation, they sought help from the US National Transportation Safety Board (NTSB) to verify and analyse the available data.

NTSB conducted its analysis between 7 and 11 January 2025.

Despite retrieving and analysing available information, both recorders failed to store data during the critical four-minute period leading up to the accident.

The ministry has indicated that the investigation will continue to seek the reasons behind the failure of the recorders.

They emphasise the importance of using multiple data sources for accident investigations and are committed to determining the cause of the crash.

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Federal Reserve holds interest rates amid economic uncertainty

Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy

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Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.

The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.

Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.

Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.

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#FederalReserve #InterestRates #Economy


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Trump warns Iran as U.S. naval forces approach amid rising tensions

Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.

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Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.

U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.

Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.

The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.

#Trump #Iran #USForeignPolicy


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