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OneWeb’s satellite plant returns to full-scale production

OneWeb’s satellite plant returns to full-scale production

Science
ORLANDO, Fla., Dec. 1 (UPI) -- Florida-based OneWeb Satellites has returned to full-scale production of spacecraft after its big client and part owner, OneWeb, emerged from bankruptcy. The high-tech factory near Kennedy Space Center churns out eight satellites a week, which is the average pace it was on before the bankruptcy, CEO Tony Gingiss said in an interview Friday. Advertisement "We are stronger and leaner as an organization now," Gingiss said. "We hit pause, like many others had to in 2020, due to the pandemic and the OneWeb bankruptcy, but it made us think a lot about our value proposition." The company is leaner because it is operating with less than 200 people, whereas the plant had almost 400 at its peak in early 2020, he said. OneWeb Satellites plans to hire only about 15 to 2...
Google-Fitbit takeover: EU launches full-scale probe

Google-Fitbit takeover: EU launches full-scale probe

Technology
The European Commission will carry out a full-scale probe into Google's takeover of Fitbit.The announcement follows a preliminary review, and threatens to derail the purchase of the fitness-tracking firm.It comes despite Google's offer last month to not use Fitbit's health data for ad targeting.Google's parent company Alphabet agreed a $ 2.1bn (£1.6bn) takeover of the wearable tech firm last year. However, the deal has yet to be completed."The commission is concerned that the proposed transaction would further entrench Google's market position in the online advertising markets by increasing the already vast amount of data that Google could use for personalisation of the ads it serves and displays," the regulator said.The watchdog said its investigation sh...