Business news

Business

Regulating artificial intelligence: From BRICS to beyond

Researchers from the Advancing Systems Analysis (ASA) program recently participated in a seminar inviting expert dialogue on the role of BRICS competition authorities in the fast-maturing era of artificial intelligence (AI) ...

Business

Hydrogen is touted as a climate solution, but can it be good business?

Hydrogen is often seen as a key element in the global energy transition, offering a cleaner alternative to fossil fuels—in particular for difficult-to-decarbonize sectors such as heavy-duty transportation and steel and ...

Business

Parents will have to set aside some earnings for child influencers under new California laws

Parents in California who profit from social media posts featuring their children will be required to set aside some earnings for their minor influencers under a pair of measures signed Thursday by Gov. Gavin Newsom.

Business

Google CEO says antitrust trials could drag on for years

Alphabet Inc. Chief Executive Officer Sundar Pichai said it will take many years to resolve Google's antitrust battles, downplaying the idea that they pose an immediate threat to the company's business.

Business

Can cryptocurrencies ever be green?

Cryptocurrencies have been condemned over their environmental record at a time when traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be ...

Business

Google files EU complaint over Microsoft cloud services

Google said Wednesday that it had filed a complaint against Microsoft at the European Commission, accusing its rival of "anticompetitive" licensing practices to force customers to use its cloud service.

Business

Cryptocurrency platform boss urges tighter regulation

The co-founder of one of the world's most popular cryptocurrencies called for tighter regulation of the sector to guard against the fraud and wild swings that have dogged it, in an interview with AFP.

Business

Princess Zelda takes the lead in 'Echoes of Wisdom'

Princess Zelda will shed her role as damsel in distress to play the heroine for the first time in the nearly four-decade history of the Nintendo fantasy series named after her.

Business

Amazon demands a lot from its drivers: Now they're pushing back

Rajpal Singh sweltered on his routes, delivering hundreds of packages every day for Amazon to homes on twisty dirt roads in the hills and valleys surrounding Lancaster and Palmdale, California. Temperatures in his van commonly ...

Business

High costs, slowing China: VW's perilous road ahead

After Volkswagen's bombshell announcement earlier this month that it could close factories in Germany for the first time, company management and unions will begin tense talks on a new pay deal Wednesday.

Business

The EU vs X: How big could the fines be for Musk?

Elon Musk's X is in hot water with the EU for allegedly breaking new content rules—and the world's richest man risks multibillion-dollar fines even he might find prohibitive.

Business

US alleges software scheme to raise rent prices

US prosecutors unveiled sweeping antitrust charges Friday against a property management software company that they allege employs algorithms to enable collusion among landlords, harming renters across numerous US markets.

Business

Alibaba to upgrade Hong Kong listing amid profit drop

Chinese e-commerce giant Alibaba said Friday it would upgrade its Hong Kong-listed shares to primary status, opening it up to China's huge army of investors that could potentially rake in billions of dollars for the firm.

Business

Microsoft tweaks how it logs cloud revenue

Microsoft on Wednesday lowered its cloud computing unit revenue forecast in a bookkeeping move, shifting money to its "productivity" software business.

Consumer & Gadgets

Cosplay and queues at Germany gamers gathering

Armor-clad warriors mixed with cosplaying Super Marios and monster hunters on Thursday, as gamers braved hours of queuing at the sector's biggest trade show, Gamescom in Germany's Cologne.