Budget airline AirAsia is the latest corporate to get into hackathons. The company just revealed plans to host its first-ever hack event on March 18 at its headquarters in Kuala Lumpur, Malaysia.
“AIRVOLUTION 2017” — yes, all caps and a cheesy name 😑 — is, as you’d expect, focused on air travel and related themes although the final challenge will be announced on the day of the event. The top prize RM 25,000 (around $5,600) in cash alongside five sets of return flights to any AirAsia destination, and 100,000 of the company’s “Big” loyalty points.
There’s space for 20 selected teams to compete, with the only stipulation being that they must be from one of the 26 countries covered by AirAsia flights. Applications are open from now until 19 February 2017. Selected teams will be notified 3 March and those based outside of Malaysia will have their flights covered by AirAsia.
“This year marks the emergence of AirAsia as a digital airline, and I believe this event can spur the kind of radical, creative thinking that will ensure AirAsia remains on the leading edge,” he said in a statement.
KUALA LUMPUR (April 26): Nestle (M) Bhd expects gross margin to improve to nearly 50% this year, backed by lower commodity prices and the strengthening ringgit.
The food and beverage giant’s gross margin fell 2.7 percentage points to 36.7% last year due to higher raw material prices.
Chief Executive Officer, Alois Hofbauer, said the company expected to see a stable and improving gross margin following the decline in commodity prices, namely for milk powder, cocoa and wheat flour.
Bill Cosby was found guilty of aggravated indecent assault against Andrea Constand.
This was the second jury to hear the Cosby case, the first having reached a deadlocked decision last summer, which ended in the judge ruling it a mistrial.
Constand’s claim against Cosby stems from a 2004 incident in which she says she was urged by Cosby to take three pills and was later “jolted awake” to find him sexually assaulting her.
Cosby has been charged on three felony counts, each carrying a standard sentencing of five to 10 years in prison.