Latest news with #Engine
Boston Globe
4 days ago
- Business
- Boston Globe
Mass. startups are plotting how to counter Trump cuts, grow local tech economy
Tufts president Sunil Kumar recalled the region's success building tech and biotech startups around Route 128, but warned that many other states are trying to copy that model. To succeed now, innovators need to look more broadly and include more people from other parts of the state. 'It would be a shame if we recreated Route 128, which is literally a moat,' he said. Excluding some people from new economic opportunities 'eventually catches up with you ... as we are finding out the hard way.' Advertisement Like other speakers at both conferences, Kumar never mentioned President Trump by name, only alluding to the damage done by the new administration's For the combination of 'blue' and 'green' tech startups, which Kumar dubbed the 'teal economy,' he recommended looking to pockets of strength in other areas beyond Greater Boston. New Bedford has a thriving fishing port, he noted. Advertisement Andrew Hargens, chief development officer at Massport, made the point that the region needs to better educate the startup community about strengths and opportunities right in their backyard. A local startup making robots for processing seafood needed to partner with a distributor and ended up connecting with one in far away Alaska, he said. 'We have 200 companies within 600 yards,' he said at the Tufts event. 'They just didn't know.' Though the state's famed academic institutions will continue to feed the talent base for tech startups, the high cost of living and doing business in Massachusetts remains an impediment to building big companies here, Jay Ash, chief executive of the Massachusetts Competitive Partnership, said at the Engine event. Advocates of Massachusetts 'can't just show up anymore with Harvard and MIT behind you and [tell founders] you ought to be here,' Ash said. He praised recent state legislative efforts to speed up permitting for commercial development. 'We're starting to be more aggressive,' he said. Joe Rodden, cofounder and chief executive of sustainable aviation fuel startup Lydian Labs, said the company built its pilot plant in North Carolina due to the lengthy permitting process and high cost of electricity in Massachusetts. That meant engineers had to waste time flying back and forth from Lydian's Cambridge headquarters. 'We will add 40 to 50 jobs in Massachusetts, but want to create thousands in the future,' Rodden said. Despite the challenges, the state's successes have generated powerful resources to keep the innovation sector growing. Both recent meetings took place within modern, airy facilities funded with the fruits of prior tech booms. Advertisement The 'This place in many ways is an optimism battery where you can come to get recharged,' Ben Downing, chief growth officer at The Engine, said. 'If you invent something in Massachusetts, you ought to be able to make it in Massachusetts.' Aaron Pressman can be reached at
News18
6 days ago
- Entertainment
- News18
Apple Releases World's First Haptic Trailer For Brad Pitt's F1 The Movie: What Is It?
Last Updated: This special trailer is available for viewing on the Apple TV+ app only for iPhone users. Apple is taking its game a notch higher with the release of something the world has never seen before. The tech giant dropped a haptic trailer for the upcoming sports drama F1 the Movie, starring Brad Pitt, ahead of its theatrical release on June 27. This special trailer is available for viewing on the Apple TV+ app only for iPhone users. If you are wondering what a haptic trailer is, then let us tell you that it is a special kind of movie trailer that lets you feel the action through your iPhone. When watching the trailer, phones would vibrate in sync with different action scenes like an engine revving, seatbelt clicking, roaring, time ticking, and crashes. It will offer viewers an experience of the effectiveness of the iPhone's Taptic Engine. This is the first movie trailer in the world to offer such experience. The haptic trailer of F1 the Movie is quite similar to watching a 4DX film in a theatre, where the seats move, and there are effects like wind or lights, but here, it is all in your phone. This feature will only work on iPhones running on iOS 18.4 or newer. In order to watch F1's haptic trailer, open the Apple TV+ app on your iPhone and search for the particular trailer. Once you get the video, click on it and enjoy the action-packed one-of-a-kind trailer on your phone. Experience the new @F1Movie trailer on iPhone in a way only Apple can deliver. — Tim Cook (@tim_cook) June 11, 2025 The film, F1, directed by Top Gun: Maverick fame Joseph Kosinski, stars Brad Pitt as Sonny Hayes, a former Formula 1 driver who takes retirement following a horrible crash. However, after a Formula One team owner and his friend ask him to come out of retirement and train a rookie, the sport takes a dramatic turn, and he goes back to the grid with APXGP, a fictional team. Made on a budget of $300 million, F1 also features Damson Idris, Kerry Condon, Tobias Menzies, and Javier Bardem in key roles. The upcoming film might prove to be Apple's biggest theatrical release yet, and it is slated to hit the big screens internationally on June 25 and in the United States on June 27. After its run in the cinemas, F1 will be released on Apple TV+. However, the date has not yet been confirmed. First Published:
Business Insider
12-06-2025
- Business
- Business Insider
Summer business travel is still on for many, but it might look different this year
Just because some Americans are scaling back on their summer travel, it doesn't mean their employers are. Business travel demand has remained steady going into the summer season, several travel companies have said. Navan, which works with companies like Lyft, Shopify, and Box, found that summer business travel in 2025 is up by double digits compared to 2024, a representative for the company told Business Insider in May. Navan compared corporate travel bookings for the same group of companies over the same time period in 2024 and 2025 and found flight bookings were up 10% year-over-year, while hotel bookings were up 25%. The group included a mix of professional services, financial services, technology, and manufacturing firms, and ranged in size from small- and medium-sized businesses to public companies. TravelPerk, another travel-management company, found work trip bookings this summer were up 3% compared to last year. The company compared bookings for June, July, and August made by the same group of long-term TravelPerk customers in 2024 and 2025. "The month of June is the busiest month in the first half of the year, a key time for growth, industry events, and meaningful connections," Eugen Triebelhorn, a country manager at TravelPerk, said in an email. "Especially for sales teams, June is a strategic halftime for the year ahead of the quiet vacation period in July and August." Ariel Katen, consumer advocate and director of product at Engine, another corporate travel management platform, to BI last month that the company has found work travelers expect some changes to their trips this year. The company conducted a survey in April that found 71% of businesses expected to be affected in some way by shaky economic conditions, with 29% expecting increased scrutiny of travel expenses. That could mean cutting back on premium flight upgrades or booking more affordable hotels, she said. Engine has also found that a new batch of more affordable cities is becoming popular for corporate travel, including Charlotte, North Carolina, and Nashville, Tennessee. "If you had to get the entire team down somewhere, where are you going to find more affordable hotel rooms? Is that New York City or is that Tampa?" Katen said. Business travel had shown some signs of slowing earlier this year. Airlines Reporting Corp., which tracks agency bookings, reported a 6% decline in April for agencies focused on corporate or government travel. But several travel companies have recently reported an increase or a stabilization of corporate travel demand. Alaska Air Group, which includes Alaska Airlines and Hawaiian Airlines, said in late April that business travel demand had "stabilized" after a slowdown in February and March. "Total forward bookings are up low single digits, improved from where they seem to have bottomed out in March," Andrew Harrison, Alaska's chief commercial officer, said of corporate bookings during the first-quarter earnings call on April 24. Southwest Airlines said on its quarterly earnings call, also on April 24, that corporate travel demand had been "softer, but stable." American Express Global Business Travel, a travel management company, reported an increased demand for business travel on its quarterly earnings call in May, as did Choice Hotels, which includes brands like Radisson and Comfort Inn. The trends in business travel come as leisure travel demand has softened, fueled by economic uncertainty. Several airlines withdrew their outlook for the year, with United, Delta, and Southwest cutting back on routes or capacity, citing weaker demand.
Engadget
11-06-2025
- Entertainment
- Engadget
Apple made a haptic trailer for the F1 movie that only works on iPhones
The long-anticipated F1 film comes to theaters on June 27 . To celebrate the pending release, Apple has developed a haptic trailer exclusively for iPhones. This leverages the smartphone's Taptic Engine to let people "feel the action" right in the palm of their hands. Apple promises that viewers will "experience the power of the engines, the rumble of the curbs, and the intensity of every gear shift like never before with responsive vibrations." It's available to stream right now via the Apple TV app, but requires iOS 18.4 or later. Here's a regular trailer that won't make your hands rumble, but is still fun. To view this content, you'll need to update your privacy settings. Please click here and view the "Content and social-media partners" setting to do so. F1 stars Brad Pitt and was directed by Joseph Kosinski , who made the box office monster Top Gun: Maverick . He also directed the underrated Tron: Legacy , though has no involvement with the upcoming Tron: Ares . Hans Zimmer made the score. Apple spared no expense here. To that end, the company is extremely bullish regarding the film. It's getting the full theatrical treatment, along with a nationwide IMAX release. Apple also featured the movie prominently at its recent WWDC event and screened it for attendees at the Steve Jobs Theater. To view this content, you'll need to update your privacy settings. Please click here and view the "Content and social-media partners" setting to do so. Formula 1 has been surging in popularity these past years, as the sport has significantly widened its cultural footprint. Netflix released a documentary series about the organization called Formula 1: Drive to Survive , which was a huge hit. People like cars that go fast. Who knew?
Yahoo
06-06-2025
- Business
- Yahoo
Activist investor Engine Capital plans to vote against US$9.1B Parkland-Sunoco deal
CALGARY — A major shareholder in fuel refiner and retailer Parkland Corp. says it plans to vote against its planned takeover by U.S. heavyweight Sunoco LP. Engine Capital owns 2.5 per cent of Parkland's shares, making it one of the Calgary-based company's biggest investors. In a letter to Parkland's board of directors, Engine's leadership argues the Sunoco deal was rushed, the price is too low and that there are likely better options available. A month ago, Parkland and Sunoco announced a friendly cash-and-stock takeover deal valued at US$9.1 billion including debt Shareholders are to vote on the transaction at a meeting set for June 24 in Calgary. Engine says it has nothing against Sunoco and would happy to become a long-term investor in that company — but only if its offer is rejigged to better reflect Parkland's value. This report by The Canadian Press was first published June 6, 2025. Companies in this story: (TSX:PKI) Lauren Krugel, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
