Business news

Business

Musk wants to merge SpaceX and Tesla: Here's what to know

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies.

Business

Shares in this data center company are down 40% as investors lose faith in the AI story

For two decades, data centers were relatively safe, lucrative real estate investments. They attracted investors because they served as digital infrastructure—the essential plumbing that keeps the internet running.

Business

A SpaceX–Tesla megamerger could benefit both companies and Elon Musk's personal fortune

The history of corporate mergers is littered with failure, but investors in Tesla and SpaceX seem to believe Elon Musk can pull off the biggest tie-up of all time.

Business

Judge orders Meta to pay $25 billion to New Mexico in Cambridge Analytica case

A New Mexico judge ruled Wednesday that Meta must pay $25 billion to the state after a jury found last month that the social media giant had deceived users in a case related to the Cambridge Analytica scandal, according to ...

Business

EU probes Booking.com over online fraud risks

The European Union opened an investigation into online travel agent Booking.com on Wednesday over alleged failures to tackle fake listings and phishing scams.

Business

Google Cloud outage hits UK banks

Online services for a number of U.K. banks in and around London were disrupted by a Google Cloud outage Tuesday.

Business

US bans use of China's DeepSeek by government agencies

The U.S. government on Monday ordered its agencies to stop using artificial intelligence tools from Chinese startup DeepSeek, as the countries race for dominance in the fast-moving sector.

Business

Expert examines what drives cryptocurrency returns

Dr. Matt Brigida, SUNY Poly professor of finance and chair of the Department of Accounting and Finance, is exploring the evolving relationship between cryptocurrency and traditional financial markets in his new paper, "Crypto ...

Business

Your brain for sale? The new frontier of neural data

Your browsing history, your location, your political preferences. For years, tech companies have found ways to turn personal data into profit. Now, a new and far more intimate frontier is opening: the electrical signals produced ...

Business

Researchers expose fossil fuel companies' communications facade

Fossil fuel companies say that they want to be on the front lines of renewable energy, with advertisements, social media, and even their own shareholder corporate reports espousing their commitment to green energy and combating ...

Consumer & Gadgets

Do TV ads work? Ask smart TVs

Despite the hype about streaming services, traditional broadcast television still dominates advertising dollars. This year, advertisers will spend $139 billion on "linear" TV—where viewers watch programs at scheduled times—compared ...

Business

Microsoft business software faces UK competition probe

Britain's competition watchdog announced plans on Tuesday to launch an investigation into Microsoft's business software systems, under new measures targeting the dominance of technology giants.

Consumer & Gadgets

Apple at 50: Eight technology leaps that changed our world

In the early 1970s, the idea of an ordinary person owning a computer sounded absurd. Computers back then were more like aircraft carriers or nuclear power plants than household appliances—vast machines housed in data centers ...

Business

At 50, Apple confronts its next big challenge: AI

Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can deliver yet another culture-changing innovation.