Airbus appoints Remi Maillard as head of technology, sources say
Remi Maillard will also be responsible for commercial aircraft engineering, replacing Sabine Klauke in both roles and superseding the 'Chief Technology Officer' role which will no longer sit on the executive committee, they said.
From July 1, Klauke will become head of the next generation of digital design and manufacturing activities within the main commercial business. Airbus declined to comment.
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The Guardian
28 minutes ago
- The Guardian
Private equity fund offers car tycoon €1.1m to settle claim over investment cash
A private equity company accused of ousting a multimillionaire used car salesman from his own business has offered to pay €1.1m (£950,000) to settle a separate case with him. Peter Waddell filed his first high court claim against Freshstream last year, alleging that the investment firm used an independent investigation into contested sexist, racist and abusive comments 'as a means of securing [his] exclusion' from his used car empire, Big Motoring World. Freshstream had acquired a one-third share in Big during 2022. In a second high court case, the founder also claimed that the private equity group had forced his forfeiture of a €1.5m investment into one of Freshstream funds because the firm viewed him as a 'nuisance' and 'was motivated by the primary desire to remove [a Waddell investment company] from the fund and end the ongoing relationship'. Freshstream, which says one of Waddell's companies was removed from the investment after refusing to make a scheduled payment, has now offered to settle the second claim by paying him €1.1m, which it calculates is Waddell's net contribution after previously receiving €450,000 from the fund. The firm made the offer while also stating that it acted properly, with its high court defence filing adding: 'Freshstream was entitled to exercise its discretion to forfeit [Waddell's company's] partnership interest in the fund when [it] failed to pay the sum due.' The parties have yet to agree to any settlement. The potential settlement comes as Waddell and Freshstream prepare for a high court showdown next year over the first legal claim, which centres on allegations that Waddell's April 2024 exit from Big was triggered by an investigation into his conduct. Waddell's court filings allege that he was prevented from responding to accusations of using 'extremely serious racist abuse and sexual harassment of female employees', and that the allegations were used by his 'capricious' investors to secure his 'exclusion from Big'. The businessman – who has autism, dyslexia and partial deafness, for which he now wears two hearing aids – had been signed off work by a doctor for four weeks with a heart condition on 28 March 2024, his court papers say, and was invited five days later – on 2 April – to an 'investigation interview' that would take place on 9 April. The court filings go on to claim that at the interview, 764 pages of evidence were to be considered. Waddell's lawyers requested more time but the company pressed on without him, on the basis that there would be an 'intolerable risk' to the business in delaying. Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning after newsletter promotion The claims being made against Waddell, some of which were historical and were not formally dealt with by the company at the time, included allegedly telling a female cleaner: 'I bet you'd like to suck my dick?', according to defence filings submitted to the high court by a Freshstream holding company. The investigation found, having interviewed 22 sources, that a 'material default event' had occurred in 15 out of the 27 allegations, which Freshstream says justified Waddell's removal from the company. Aside from the specifics of the claim, the case is also likely to highlight a wider theme of founders claiming that some investment companies have used clauses in their agreements to oust entrepreneurs from their own companies.
The Sun
28 minutes ago
- The Sun
Easy ways to make money on your lunch break this summer… from recycling old books to renting out your driveway & Vinted
WITH the cost of living crisis still very much upon us, many people are finding themselves taking on extra hours at work or a second job just to make ends meet. But giving up your spare (and precious) time might not be necessary as with our guide you could help boost your bank balance in your lunch break. 3 With summer approaching - and the cost of holiday childcare for families estimated to be around £1,000 - we could all do with a little extra cash in our pockets right now. From selling unwanted books and games, to looking after a local dog, there are many ways you can make money with very little effort… Have a closet clear out We've all got a dress or outfit that we promise we will wear 'one day' but never do. So rather than let it take up room in your wardrobe, have a clear out of all your unworn items and put them on a selling site, like Vinted. By selling through the app, your pre-loved clothes will enjoy a new life in a new wardrobe and you can get money in return. The buyer pays for postage and there are zero selling fees meaning you get the full sale amount in your pocket. How much you can earn on Vinted depends on several factors, including the quality of your items - for example, newer clothing, especially those still with tags, tend to be sold for a higher price than more worn items. One seller revealed she made a whopping £5.6k on Vinted and shared the seven items you need to upload for selling success. Do you need to pay tax on items sold on Vinted? QUICK facts on tax from the team at Vinted... The only time that an item might be taxable is if it sells for more than £6,000 and there is profit (sells for more than you paid for it). Even then, you can use your capital gains tax-free allowance of £3,000 to offset it. Generally, only business sellers trading for profit (buying goods with the purpose of selling for more than they paid for them) might need to pay tax. Business sellers who trade for profit can use a tax-free allowance of £1,000, which has been in place since 2017. More information here: Flog unwanted phones and tablets We are all guilty of holding on to old tech items like phones, tablets and laptops, but now you can cash in on these items through Music Magpie. All you have to do is select the make, model and condition of your model and the people at Music Magpie will tell you what it's worth. You can also sell CDs, DVDs, and games by entering the barcode into the site's valuation engine. If you are happy with the offer, you can send it for free to Music Magpie. Once it's been checked over, the money will be transferred to the account you supplied on the same day. According to research, you could make up to £450 by recycling unwanted devices. I've made £5.6k on Vinted and here are the 7 items you need to upload now to make cash quick - white maxi skirts will sell instantly for a start Promote and earn We all have a favourite go-to brand we love to shout about in social media - but now you can get paid for it! Social Tip is an app that allows you to make money from promoting brands regardless of your following. So even if you have a private account with less than 1,000, it doesn't matter - you can still earn. It's believed that certain brands see genuine product fans as more valuable and loyal in their review than an influencer with thousands of followers. And it's easy to earn - all you have to do is share your love of a product on either Instagram or TikTok or both, tag @wearesocialtip, and wait for your commission! (Commission is capped at 10% of the purchase price for each qualifying post.) Rent your driveway You can earn anything from £40 to £400 a month by renting out our driveway to commuters. Websites such as Your Parking Space even manage the bookings for you so that stress is taken away. The space you are leasing has to be your own - or you have authority to lease it - and can include your driveway, garage and commercial parking. You can also control when and for how long you want to rent it out - you can lease it for 24/7 or set specific days or periods. To get an idea of how much you can earn from your space, just pop in your details into the website and it will generate a quote for you. Host a film crew 3 If you have a beautiful or unusual home or space, then you could consider letting it out for magazine shoots and TV shows. Sites such as Lavish Locations and Shoot Factory are always on the look out for new spaces so you can apply online. If your property is chosen, you can earn anything from £500 up to £2,000 a day. It's a tough market - there are hundreds of locations for crews to currently choose from - but if you think yours could stand out, there is no harm in applying. Opinions for cash You can earn extra money by taking surveys or joining a focus group. Martin Lewis's Money Saving Expert website has a list of sites that offer money in exchange for opinions. The questions are usually market research based, and you'd need to take a lot of surveys to make a good chunk of cash, but if you have a spare half an hour on your commute, or want something to do in your lunch break, then it's a great way to monetise your time. On savvy surveyor made over £400 from filling out forms in her spare time. Become a pet sitter! 3 If you see yourself as a Dr Dolittle or just love being with animals then you can become a pet sitter for your local pet owners. You can set your own fees, services and control your own diary meaning you can commit to covering holidays or an hour at a time. Paw Shake is one of many websites where you can sign up your services which is then advertised to pet owners. Miranda Knox made £400 in a few weeks hanging out with cats in her local area. Recycle old books You could earn money for your old books at We Buy Books. You simply scan or enter your book's barcode or ISBN number, get a quote, then send your books off for free. You could earn £100s if you have good quality and pricey texts, but they do still accept used paperbacks so it's worth seeing what your old reads are worth. I made £21 selling three dresses in an hour! I love a good bargain, and I'm forever buying dresses in the seasonal sales, but if I'm being truthful I have more than I really need - or wear - so I set myself a challenge. I went through my wardrobe and pulled out all the dresses I haven't worn in the last three months - and I'm ashamed to say many of them still had tags on! I decided to pop them on to Vinted so they could be loved by a new owner, and free up some space in my wardrobe for the clothes I actually do wear. It was easy to do. I took a picture of each dress - tip: good lighting is key - and uploaded it onto the app with a description of the dress including colour and condition. I also noted a couple of occasions where the dress could be worn - party, workwear, etc - as this gives it a greater chance of appearing in a search. Within an hour, three of my dresses had sold and I was £21 in profit. Not bad for a few minutes of effort! Next stop, my husband's wardrobe! Sell your wedding dress Selling your wedding dress might not be for everyone, but if you are not keeping it to show the grandkids or you are happy with just the memories of your big day, then you could sell your frock online. Sell My Wedding Dress and Still White are just two sites where you can put your bridalwear up for sale. The price depends on many factors, such as design, condition and imperfections, but you could sell a good quality wedding dress for £500 plus. It's definitely worth checking out.
The Sun
an hour ago
- The Sun
I test mind-boggling 4mm thin Samsung phone that folds in HALF – & it has huge perk your posh iPhone is missing
Sean Keach, Head of Technology and Science Published: Invalid Date, THIS is it. Samsung has finally done it. For years, phone makers have been trying to make foldable phones work. Well, I've been trying out the new Samsung Galaxy Z Fold 7 for a few weeks – and it actually delivers on the dream. 13 13 Foldable phones are meant to fit in your pocket like a regular mobile, and then fold out to give you a massive screen. The idea is that you get a phone and a tablet in one. But so far, the bulk of these devices have had a load of compromises. The main one? They're usually as thick as tree trunks. Now Samsung has managed to slim down its latest foldable to just 4.2mm thick unfolded. It's shockingly thin. I reckon you could use it as a frisbee if it didn't start at £1,799. And even folded, it's just 8.9mm thick. That's only marginally beefier than the 8.25mm iPhone 16 Pro Max that I usually carry with me. Wow. SAMSUNG GALAXY Z FOLD 7 DESIGN – THE LOOKS If I was using this mobile on the tube, folded over into a smartphone, no one would look twice. It looks just like a regular Samsung phone. There's a line down the side, but you'd ignore it as a design quirk. At the same time, if I unfolded this and lay it out flat on the table, you'd think it was a tablet. There's no visible crease down the middle (unless you tilt it to a sharp angle). It just looks like a regular Samsung slate. You'd probably remark on the svelte side profile, but that's it. And this is the magic to Samsung's new phone. It doesn't look like a rubbish version of a phone and a similarly dodgy tablet. This looks good no matter which way you're holding it. I'm using the Blue Shadow colour option. It's eye-catching and I really like it – but you might prefer the safer Jetblack or Silver Shadow versions instead. Sun's tech editor shows NEW 4mm thin folding Samsung – & teases 'flip iPhone' too It also comes in a very fresh Mint option but you can only get that directly from Samsung. There's not much else to note on the outside. There's a very prominent camera bump on the back, which is possibly the only disappointing design aspect – but there's no real way around it. If you want top pics, you need big sensors and lenses. The exterior smartphone-style screen is a 6.5-inch OLED panel with a 2,520 x 1080-pixel resolution. This is high-end stuff – no scrimping. And inside you've got an enormous 8-inch OLED display with a 2,184 x 1,968-pixel resolution. Again, that's high-end tablet territory. It's still dwarfed by full-size tablets, of course, but this puts it in iPad Mini territory. You're meant to use it for watching telly, or reading an ebook, or playing a video game. And when you're just texting or scrolling through Instagram, you'll be fine with the regular mobile display. But ultimately, the choice is yours. Fold and unfold at will. SAMSUNG GALAXY Z FOLD 7 PERFORMANCE & FEATURES – THE POWER AND PERKS Alright, so it looks good – but does it work well? Performance is a non-issue. It has a blisteringly fast Snapdragon 8 Elite processor made by US chip giant Qualcomm. Chuck whatever you like at it – browsing, gaming, the works. Computing speed hasn't been an issue on top-end phones for years now, and it's the same story with Samsung's latest mobile. It comes with 256GB of storage as standard, but you can upgrade this. And for memory – that's the active space for whatever you're doing in the moment – you get 12GB, with an option to pay for 16GB. 13 The 16GB is chucked in with 1TB of storage. So it's the storage space you're more likely to be paying for there, as the 12GB of memory will be plenty for most people. Multi-tasking is no problem at all. And because you've got a tablet here, you actually can multitask. You can have several apps open at once. Just drag and drop them from the tray into your desired position. So you could have a YouTube video and your messaging app stacked on top of each other on the left, and a web browser taking up the full right-side of the screen. 13 That's the sort of thing that simply isn't possible on a regular phone screen. This phone is also running on Google 's Android software (albeit skinned with Samsung's own look), so you get access to all of those perks too. That means the vast array of apps on the Google Play Store, and Google's anti-malware protections. But you'll also bag access to Google's extremely powerful Gemini AI assistant. I've used a load of AI chatbots and virtual helpers, and I've generally been most impressed by Gemini. I love my iPhone, but we've still yet to see the best version of Siri. For instance, I've used Gemini as a great money-saver on holiday, by taking advantage of the voice chat feature that lets you have a live conversation with it. It's a free tour guide in your pocket. Gemini is powerful, easy to use, and keeps getting smarter. And you can access it at lightning speed just by holding down the lock button on the Galaxy Z Fold 7. Neat. If you've used an Android phone before then the whole Galaxy Z Fold 7 interface will feel very familiar. It's very customisable, works based off of apps, and is snappy and performant. 13 Battery life is great, all things considered. And by all things, I mean having two large and pixel-dense screens plus a phone body that's wafer thin. Samsung has managed to stuff a fairly sizeable 4,400mAh battery inside this thing. You can easily get through a day with this device, which is all that matters. And finally, let's talk about the camera. This mobile isn't just for show. The days of foldable phones being just a gimmick seem increasingly to be behind us. 13 And that means Samsung has also fitted this mobile with a proper high-end camera that rivals the best. Or rather, five cameras. You've got a 10-megapixel one on the front, and another inside when the tablet opens up. And on the back of the phone (usable in all views) is a series of three powerful shooters. That includes a 200-megapixel wide-angle camera, a 12-megapixel snapper for ultra-wide capture, and then a 10-megapixel telephoto lens for zoom. The selfie cameras are fine and capture very respectable snaps. Of course, the real photography comes from the rear camera array, which takes brilliant pics even in rubbish lighting conditions. The pics are sharp, detailed, and colour-accurate. And if you're into zooming (always fun!) then you can go right up to 30x. Only 3x is optical zoom (so actual zoom from the camera lens) and then the rest is digital. So you will get a quality drop off the deeper you zoom in – but it's still pretty effective. You won't win any photography awards at 30x zoom, mind. If there was one downside, it would be that I wish the optical zoom was higher – even at 5x. For a high-end smartphone, this feels like a slight misstep. 13 I should also note: there's a preview mode when you're snapping in tablet view. So as you're shooting pics, you can have them appear on the left half of the screen. So you can instantly see if your pic was rubbish and you need to go again. And there's something called Cover Screen Preview. So if you want to take a selfie with the main camera, you can spin the phone around and see your face on the exterior display. Then you can snap yourself easily using that preview, while getting the full heft of the main camera array (which is also facing you, because you've got the phone flipped open as a tablet). SAMSUNG GALAXY Z FOLD 7 PRICE – SHOULD YOU BUY IT? It all sounds pretty dreamy, right? Well that's until you get to the checkout. You come crashing down to Earth and realise you're about to spend £1,799 on a phone – or £1,899/£2,149 if you want 512GB or 1TB of storage. Even without any mobile add-ons or interest, the base price divides up to £74.95 a month over two years. Even Apple's top iPhone can only be customised up to £1,599 (that's £66.62 a month). Of course, that doesn't fold. 13 And there's not really anything as strikingly thin as this on the foldables market. I've reviewed dozens of mobiles over the years, and it's rare that I'm shocked by a phone. This Samsung mobile wowed me. And everyone that I've let hold this thing has been impressed too. I haven't had a single person say: "What's the point?" It's finally thin enough that people get it. It's clearly pocketable. The inner screen has an obvious use. The whole package makes sense. This is the bleeding edge of smartphone design, so it makes sense that it If you want a cheaper foldable, Samsung certainly has thriftier options. And rival gadget makers like Google and Huawei have very nice foldables too. But it's impossible to deny that Samsung has crafted something very beautiful here, and it feels special. I can't recommend this mobile to absolutely everyone. It's an expensive device that won't fit in with a lot of budgets. If you're a gadget fan on the Android side of the mobile divide, I've got no doubt you'll love this. I think even Apple die-hards would struggle not to be impressed by Samsung's Galaxy Z Fold 7. And if this is just too expensive for you, feel safe in the knowledge that this tech will trickle down. Svelte foldables won't always cost mega money, but breakthroughs like this will always be pricy at first. Samsung has achieved something brilliant here, and phone enthusiasts among you should (and undoubtedly will) consider buying one you've got the spare cash. This device can very effectively replace both your phone and tablet. And so in some ways, that means the price isn't as intense as it might first seem. It's also something that the iPhone hasn't managed – not yet, anyway. There are loads of times during a day where I'm using my phone and wish it had a tablet-sized screen, but I can't be bothered to pull my actual tablet out of my bag. This solves that issue with ease. And for some phone fans, that'll make the price feel bang on. The Sun says: A foldable phone to convert the doubters – Samsung has crafted an impossibly thin (and endlessly tempting) super-phone that comfortably doubles as a tablet. It's a top buy, if you can afford it. 4.5/5 Samsung Galaxy Z Fold 7, £1,799 or £75 a month Buy from Samsung 13 All prices in this article were correct at the time of writing, but may have since changed. Always do your own research before making any purchase.
