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Loyalty Programs Are Keeping America's Airlines Aloft

2 weeks 5 days ago
American airlines have transformed into financial services companies that happen to fly planes as loyalty programs now constitute their primary profit engine rather than passenger transport. Delta, American, Southwest, and United all operated their passenger services at a loss in 2024 while generating $14 billion in combined operating profits from credit card partnerships. Delta received $2.1 billion from American Express in Q2 2025 -- exactly matching its total operating profit -- while the airline's passenger operations alone would have posted a loss. These loyalty programs command valuations in the tens of billions, sometimes exceeding the airlines' total equity value, with Delta reporting 1% of U.S. GDP flows through its co-branded cards. Customers can now reach American Airlines' top loyalty tier without boarding a single flight.

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Oracle Cloud Launches Database Service for Agentic AI, Analytics Workloads

2 weeks 5 days ago

A decade and a half of enterprise cloud adoption has spread vast amounts of data and processing around the globe, and the onslaught of generative AI – and now agentic AI – is only accelerating it. …

Oracle Cloud Launches Database Service for Agentic AI, Analytics Workloads was written by Jeffrey Burt at The Next Platform.

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Intel CEO Hits Out at 'Misinformation' After US President Calls on Him To Resign

2 weeks 5 days ago
Intel's chief executive Lip-Bu Tan has hit out at "misinformation" over his career after U.S. President Donald Trump alleged the semiconductor industry veteran was "highly conflicted" and should resign. From a report: In a letter to Intel staff published late on Thursday, Tan said that Intel was "engaging" with the Trump administration "to address the matters that have been raised and ensure they have the facts." "There has been a lot of misinformation circulating about my past roles...I want to be absolutely clear: Over 40+ years in the industry, I've built relationships around the world and across our diverse ecosystem -- and I have always operated within the highest legal and ethical standards," Tan wrote. Tan's move to reassure staff at Intel, the only US-headquartered company capable of manufacturing advanced chips, came hours after Trump had demanded his resignation in a post on Truth Social. Trump did not detail Tan's alleged conflicts of interest but the U.S. president's broadside followed a letter from Tom Cotton, the Republican head of the Senate intelligence committee, to Intel's chair expressing "concern about the security and integrity of Intel's operations" and Tan's ties to China.

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