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Qantas unveils major changes to frequent flyer program and a bumper $1.46bn profit
Qantas is overhauling its frequent flyer program to entice members to climb its vaunted membership tiers, in changes designed to prevent customers from switching to rival schemes.The reforms, described by the airline as the “biggest changes to status in program history”, have been unveiled during a hugely profitable period for Qantas, with revenue rising across its domestic, international and loyalty scheme businesses.On Thursday, Qantas announced planned changes to the loyalty scheme to allow members to roll over some of their status credits - the currency used to determine membership tiers - helping people reach or maintain high levels such as gold and platinum.This differs from the previous system of unused credits resetting to zero at the end of a holder’s membership year.However, the amount of credits needed to keep status levels is increasing, according to analysis from comparison site Finder

Lawyers for US cancer sufferers challenge Bayer’s $7.25bn Roundup settlement deal
A group of 14 law firms representing nearly 20,000 plaintiffs is seeking to intervene in Bayer’s proposed class action settlement of Roundup litigation, citing concerns that the deal will not be fair to cancer sufferers.The group filed both a motion to intervene and a motion for an extension of time for court preliminary approval of the deal in St Louis city circuit court in Missouri late on February 24.The law firms say the deal appears “unprecedented” and raises multiple “red flags”.“It is hard to escape the impression that the proposed settlement would give Monsanto everything it desires – a near-complete release of liability for Monsanto and its parent company, Bayer AG – while giving inadequate consideration to many putative class members, who would surrender their substantive rights in exchange for settlement offers that may never result in payment,” the law firms state in their motion.Bayer and a different group of plaintiffs’ lawyers filed the settlement proposal with the court on 17 February, with a provision to seek preliminary court approval within a 15-day period

Top US body-camera maker reports record revenue amid Trump immigration crackdown
The largest body-camera maker in the US celebrated its latest financial results on Tuesday – reporting record revenue and forecasting major growth – as it prepares to cash in on the Department of Homeland Security’s planned rapid acquisition and deployment of these devices nationwide.In Tuesday’s earnings presentation, body-camera maker Axon, which also makes the well-known Taser device, announced that it blew past Wall Street expectations with $797m in revenue, up 39% year-over-year.The company attributed its growth to the offerings of its “AI era plan”, which includes a voice-activated companion for its body cameras. Executives also outlined a “major opportunity” for working with federal law enforcement in the year to come, in particular: body cameras and software licenses for the DHS.Asked by investors about his biggest worries, CEO Rick Smith said: “A misstep around privacy and data handling

Meta’s AI sending ‘junk’ tips to DoJ, US child abuse investigators say
Meta’s use of artificial intelligence software to moderate its social media platforms is generating large volumes of useless reports about cases of child sexual abuse, which are draining resources and hindering investigations, said officers from the US Internet Crimes Against Children (ICAC) taskforce.“We get a lot of tips from Meta that are just kind of junk,” Benjamin Zwiebel, a special agent with the ICAC taskforce in New Mexico, said last week during his testimony in the state’s trial against Meta. The state’s attorney general alleges the company’s platforms are putting profits over child safety. Meta disputes these allegations, citing changes it has introduced on its platforms, such as teen accounts with default protections. The ICAC taskforce is a nationwide network of law enforcement agencies coordinated with the US Department of Justice to investigate and prosecute online child exploitation and abuse cases

English cricket’s hunger for Indian money has led it into a moral and legal minefield | Barney Ronay
The thing about inviting a tiger round for tea is, for all the excitement, the fur, the teeth, the muscles, they do tend to walk off with your dinner and drink all the water in the taps. The thing about saying yes to the person with the biggest stick is, in the end, you don’t get to say yes, or no, or anything at all. And that person still has a very big stick.The thing about closing your eyes and just taking the money is: money passes only in exchange for something of value, and full payment will be taken. Welcome to English cricket in full blind, groping crisis mode, and the first small tremor of what lies in store whatever happens in the next few weeks

Steve Borthwick turns to 2003 World Cup heroes for Six Nations inspiration
Steve Borthwick has turned to England’s 2003 World Cup winners to arrest his side’s drastic decline after enduring another setback with the scrum‑half Alex Mitchell ruled out for the rest of the Six Nations.Borthwick’s squad were due on Wednesday night to have dinner with members of the 2003 team, including the captain Martin Johnson, the Test centurion Jason Leonard and Lewis Moody, who revealed in October that he had been diagnosed with motor neurone disease.Borthwick urged his players to use the opportunity to ask how they dealt with setbacks, after England’s Six Nations hopes went up in smoke for another year with the dismal 42-21 defeat against Ireland last Saturday, seven days after they were outclassed by Scotland.Borthwick is under renewed pressure as a result and will lead England into their final two matches against Italy in Rome and France in Paris without Mitchell, who sustained a hamstring injury against Ireland. Jack van Poortvliet is standing by for the No 9 jersey while Ollie Lawrence has had a knee injection and is a doubt for the Italy match

WPP to merge ad agencies and cut jobs in radical shake-up to counter AI threat

Nvidia fails to impress investors with blockbuster results, as AI adoption ‘skyrockets’ – business live

Twenty-year-old to testify at US trial about harm from social media addiction

Nvidia quarterly earnings show immunity to AI bubble fears as it cashes in on data center boom

US hockey star Hilary Knight responds to Trump’s ‘distasteful joke’ about women’s team

Saracens’ salary cap penalty under scrutiny over conflict of interest claims