Airbus Enters Last Weeks of the Year Facing a Cosmic Distraction

Australia has initiated a significant policy to ban social media access for children under 16, a move that has garnered international attention as other nations observe its implications closely. This initiative aims to enhance online safety for minors amid growing concerns about the risks associated with social media usage.

Norway’s $2.1 trillion sovereign wealth fund has expressed its support for Microsoft Corp. in a contentious case regarding the company's human rights vetting processes, highlighting the fund's commitment to ethical investment practices.

Airlines worldwide acted swiftly to address a significant software glitch affecting Airbus SE's A320 aircraft, implementing urgent updates to maintain operational continuity during a critical holiday travel period.

Airbus SE has grounded A320 aircraft in Australia and New Zealand due to an urgent software upgrade requirement, leading to significant travel delays. This decision follows a warning that a substantial portion of the A320 fleet needs immediate attention to address potential safety issues.

Airbus SE has issued a warning that over half of its active A320 jetliner fleet will require a software fix following an incident involving a JetBlue Airways Corp. aircraft. The incident highlighted that intense solar radiation could potentially corrupt critical data necessary for maintaining flight control functions.

Russia is advancing towards a complete block of WhatsApp, following months of service degradation, as part of its strategy to replace Western communication platforms with domestic alternatives. This move reflects the country's ongoing efforts to assert control over digital communication within its borders.

A significant outage at the Chicago Mercantile Exchange (CME) was traced back to a private equity-owned data center, disrupting trading for over 10 hours and affecting global markets. This facility, located west of Chicago, handles an estimated $25 quadrillion in notional trade volume daily, highlighting its critical role in the financial ecosystem.

Nu and Revolut are leading the fintech sector in Mexico, leveraging hard-won banking licenses to pursue payroll deposits from the growing middle-class population. This strategic move highlights the increasing competition among fintech companies to capture a share of Mexico's financial market.