Business news
Business
OpenAI discusses giving Altman 7% stake in for-profit shift
OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business, people familiar with the matter said, a major shift that would mark the first ...
1 hour ago
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Business
Google expert at antitrust trial says government underestimates competition for online ad dollars
Federal regulators who say Google holds an illegal monopoly over the technology that matches online advertisers to publishers are vastly underestimating the competition the tech giant faces, an expert hired by Google testified ...
4 hours ago
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EasyJet founder makes life hard for 'brand thieves'
Daring to prefix a company or even a pop group's name with "easy" could land you with legal action, as the founder of British airline easyJet relentlessly tackles alleged trademark breaches.
4 hours ago
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'Broken' news industry faces uncertain future
From disinformation campaigns to soaring skepticism, plummeting trust and economic slumps, the global media landscape has been hit with blow after blow.
4 hours ago
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US regulator urges safety checks on some Boeing 737 rudders
The US National Transportation Safety Board (NTSB) on Thursday issued "urgent safety recommendations" regarding the rudder systems on certain Boeing 737 aircraft, highlighting a risk of jamming.
4 hours ago
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Business
Ex-'Apprentice' candidates dump nearly entire stake in owner of Trump's Truth Social platform
A Florida firm owned by former contestants on "The Apprentice" has disposed of nearly all its 5.5% stake in Trump Media & Technology Group, which owns former president Donald Trump's Truth Social platform.
4 hours ago
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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) ...
17 hours ago
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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 ...
17 hours ago
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Business
Big lithium plans for Imperial Valley, one of California's poorest regions, raise a bigger question: Who should benefit?
Imperial County consistently ranks among the most economically distressed places in California. The Salton Sea, the state's biggest and most toxic lake, is an environmental disaster. And the region's politics have been dominated ...
18 hours ago
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Business
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable ...
20 hours ago
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Business
Ubisoft shares sink after 'Assassin's Creed' delay
Shares in French video game giant Ubisoft plunged nearly 20 percent Thursday after it dropped its profit targets following a delay to its latest "Assassin's Creed" title.
21 hours ago
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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.
17 hours ago
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Business
OpenAI Chief Technology Officer Mira Murati and 2 other execs are leaving the ChatGPT maker
A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year said she's leaving the artificial intelligence company.
Sep 26, 2024
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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.
Sep 26, 2024
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Consumer & Gadgets
Meta unveils cheaper VR headset, AI updates and shows off prototype for holographic AR glasses
Meta unveiled updates to the company's virtual reality headset and Ray Ban smart glasses on Wednesday as it tries to demonstrate its artificial intelligence prowess and the next generation of computing platforms beyond smartphones ...
Sep 25, 2024
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Business
X releases its first transparency report since Elon Musk's takeover
Social media platform X on Wednesday published its first transparency report since the company was purchased by Elon Musk. The report, which details content moderation practices, shows the company has removed millions of ...
Sep 25, 2024
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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 ...
Sep 25, 2024
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Business
Workers seek training, guidance on integrating AI in their work, shows survey
Fresh survey results suggest managers and employees are struggling to understand how and when to integrate generative artificial intelligence (AI) technology into their work. They seek training and a better understanding ...
Sep 25, 2024
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Business
The connection between green energy and high power bills
For years, Nevada has put affordable energy on the back burner. Now, ratepayers are getting burned.
Sep 25, 2024
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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.
Sep 25, 2024
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Business
May Mobility scales back expansion plans in Ann Arbor
Autonomous vehicle company May Mobility Inc. is scaling back its expansion plans in Ann Arbor, Michigan.
Sep 25, 2024
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Business
Can AI make video games more immersive? Some studios turn to AI-fueled NPCs for more interaction
For decades, video games have relied on scripted, stilted interactions with non-player characters to help shepherd gamers in their journeys. But as artificial intelligence technology improves, game studios are experimenting ...
Sep 25, 2024
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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.
Sep 25, 2024
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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.
Sep 25, 2024
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Business
Where to stash the equivalent of 110 Sydney harbor bridges? That's what Australia faces as oil, gas rigs close
Oil and gas wells are dotted off Australia's shores. They involve huge steel structures fixed firmly to the sea floor, and thousands of kilometers of pipelines.
Sep 25, 2024
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