Business news

Business

AI feud: How Musk and Altman's partnership turned toxic

The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to ...

Business

How Elon Musk $97.4 billion bid complicates matters for OpenAI

OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman's push to transform the maker of ChatGPT into a for-profit company.

Internet

YouTube, the online video powerhouse, turns 20

YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership.

Business

Elon Musk heads group trying to buy control of OpenAI: Report

Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front in his war with the ChatGPT-maker, the Wall Street Journal reported Monday.

Business

Nokia CEO Lundmark to be replaced by Intel AI chief Hotard

Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centers at US chip-maker Intel.

Business

Elon Musk says has no plans to acquire TikTok's US operations

Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday.

Business

Airbus and Boeing eye India's 'soaring skies'

Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India exhibition from Monday.

Business

Google halts workplace diversity push

Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators.

Business

Q&A: How DeepSeek is changing the AI landscape

On Monday January 27, a little known Chinese start-up called DeepSeek sent shockwaves and panic through Silicon Valley and the global stock market with the launch of their generative artificial intelligence(AI) model that ...

Business

DeepSeek, Nvidia and the AI race that's shaping the future

The AI revolution is well underway and two companies—DeepSeek and Nvidia—stand out among those competing to lead it. Outside the financial world, the story might seem distant—but it really does have consequences for ...

Business

How AI bias shapes everything from hiring to health care

Generative AI tools like ChatGPT, DeepSeek, Google's Gemini and Microsoft's Copilot are transforming industries at a rapid pace. However, as these large language models become less expensive and more widely used for critical ...

Business

How will AI be used in advertising?

The Super Bowl, which will be broadcast on Feb. 9, and will feature the Kansas City Chiefs and the Philadelphia Eagles, is much more than just a major sporting event. It's a way for advertisers to showcase cars, consumer ...

Business

US probes China chip industry on 'anticompetitive' concerns

The United States said Monday it is opening an investigation into China's policies for its semiconductor industry, over concerns that Beijing is turning to "extensive anticompetitive and non-market means" to undermine other ...

Business

Google counters bid by US to force sale of Chrome

Google late Friday countered a US call to sell its Chrome browser, suggesting a judge address antitrust concerns by barring the firm from making favorable treatment of its software a condition of licensing.

Business

Qualcomm scores key win in licensing dispute with Arm

A federal jury in the United States on Friday delivered a key win to mobile commputing titan Qualcomm in a licensing dispute with Arm, although proceedings between the chipmakers ended in mistrial.

Business

Amazon, OSHA reach settlement over warehouse safety citations

Federal safety regulators have dropped nine of 10 citations accusing Amazon of putting warehouse workers at a high risk of injury, part of a settlement agreement that requires the company to continue finding ways to reduce ...

Business

Sony buys 10% of 'Elden Ring' owner for $320 mn

Japanese electronics titan Sony said Thursday it had paid more than $300 million for a 10 percent stake in the media conglomerate behind the smash-hit game 'Elden Ring'.

Business

Thousands of US Amazon staff strike days before Christmas

Thousands of Amazon workers on Thursday launched what they called the "largest strike against Amazon in US history" seeking to maximize pressure on the retail behemoth at the height of the holiday shopping season.

Business

Spain targets Airbnb in illegal ads probe

Spain's leftist government on Wednesday opened an investigation into holiday rental platform Airbnb for allegedly failing to take down adverts for thousands of apartments without a tourist license.

Business

US Supreme Court agrees to hear TikTok ban case

The US Supreme Court agreed on Wednesday to hear TikTok's appeal of a law that would force its Chinese owner to sell the online video-sharing platform or shut it down.