Business news

Business

Can AI's power problem become a clean-energy opportunity?

Artificial intelligence has triggered a new gold rush. This time, companies are competing not for land or minerals, but for access to electricity.

Business

Chinese chipmaker CXMT soars 500% on debut as AI fuels shortages

China's leading memory chipmaker CXMT became the most valuable company in mainland China after soaring more than 500% on its market debut Monday, underscoring how AI demand is boosting the semiconductor sector.

Business

Thwarting the hidden resume hacks that target AI hiring tools

In an increasingly competitive job market, some applicants are quietly trying to outsmart AI hiring tools. Now, new research focused on rooting out the practice of "prompt injection" shows how widespread this tactic is.

Business

India's domestic workers go online as instant services boom

Racing against a stopwatch, a group of women folds bed sheets as they train to join an Indian startup that offers instant home services, transforming a traditionally word-of-mouth sector and promising better pay.

Business

EU accepts X's plan to fix digital content violations

The European Union announced Wednesday that it had accepted a plan by Elon Musk's X social media platform to correct digital-content violations that led to a 120 million euros ($138 million) fine.

Business

PayPal shares jump on reported $53 bn Stripe takeover bid

Shares in PayPal surged as much as 13% on Wall Street Wednesday after reports that payments firm Stripe and private equity group Advent International had made a joint offer to buy the digital payments pioneer.

Business

Meta employees allege discriminatory AI-driven layoffs

Twenty-six Meta employees have filed a lawsuit accusing the tech giant of using artificial intelligence to select workers for mass layoffs, a claim strongly denied by the trillion-dollar company.

Business

IBM shares plunge 25% as AI spending boom disrupts business

IBM shares plunged 25% Tuesday after the U.S. tech giant released disappointing preliminary second-quarter results, blaming a shift in customer spending because of expected higher prices for memory chips and other AI-related ...

Business

OpenAI number two Simo steps down to focus on health

Top Silicon Valley executive Fidji Simo announced Wednesday she is leaving her full-time role at OpenAI to go part time as an adviser and focus on recovery from a chronic illness.

Consumer & Gadgets

How Apple's new low-cost MacBook Neo may shake up the market

With a price tag of $600—$500 with a student discount—Apple's new MacBook Neo releasing today is shaking up the entry-level PC market and education sector, competing squarely with similarly priced Windows laptops and Chromebooks.

Business

Power outages cost US electricity customers billions

Researchers at the Department of Energy's Oak Ridge National Laboratory have provided the first comprehensive analysis of the specific costs of power outages to local customers across the nation. It found that the average ...

Consumer & Gadgets

Gray screens and loading delays cut gaming time by 30%

You know it's time to put your phone down, but your thumb finds "Play Again" once more. In an age where digital entertainment never sleeps, willpower alone isn't enough. As more players, especially the younger generations, ...