Business news

Business

Grand Theft Auto VI presales to begin next week

Pre-sales of Grand Theft Auto VI, the feverishly anticipated video game release, will begin June 25, Rockstar Games said Thursday.

Business

Apple CEO says AI boom makes price increases 'unavoidable'

Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase the prices of its products, according to an interview with The Wall Street Journal ...

Business

Sovereignty fears dog AI enthusiasm at France's Vivatech

Europe's biggest tech trade fair VivaTech opened its doors Wednesday in Paris, putting American billionaire Jeff Bezos front and center on its guest list as enthusiasm for generative AI rubs shoulders with anxiety about the ...

Business

Gulf Coast coal holds billions in critical minerals, but the economics are tricky

Researchers from The University of Texas at Austin have found that there is a significant amount of rare earth elements trapped in the coal and coal ash supply of the Gulf Coast—with a total value of more than $187 billion.

Business

EU rejects Apple blame for delayed Siri AI rollout

The EU on Tuesday rejected Apple's blame for the delayed rollout of its AI-enhanced voice assistant, saying it was up to the U.S. giant to make products that follow the rules.

Business

How do jet fuel changes actually affect airfares?

As concerns grow over global fuel supplies and the cost of flying, new research from the University of Adelaide shows the relationship between jet fuel prices and airfares is not as simple as passengers might think. The study ...

Consumer & Gadgets

Apple tries again on AI, turns to Google for help

Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled in its first attempt.

Software

Netflix to launch FIFA World Cup video game

Netflix is set to release a FIFA soccer simulation game exclusively on its gaming platform in summer 2026, timed to coincide with the World Cup, the streaming giant said Wednesday.

Business

Will OpenAI be the next tech giant or next Netscape?

Three years after ChatGPT made OpenAI the leader in artificial intelligence and a household name, rivals have closed the gap and some investors are wondering if the sensation has the wherewithal to stay dominant.

Business

UPS buys hundreds of robots to unload trucks in automation push

United Parcel Service Inc. will invest $120 million in 400 robots used to unload trucks, according to people familiar with the matter, revealing new details on the logistics giant's $9 billion automation plan that aims to ...

Business

Should the US be worried about AI bubble?

Tech giants Amazon, Meta, Alphabet, Microsoft, and Oracle have been taking on enormous new debt in a race to build out their artificial intelligence ventures in the last year, fueling Wall Street fears of a bubble capable ...

Business

Amazon shareholder resolution targets AI work with Israel, DHS

Amazon.com Inc.'s business ties with Israel's military and the US Department of Homeland Security are the focus of a shareholder proposal demanding that the company investigate whether such contracts comply with its responsible ...

Business

Crypto mogul Do Kwon sentenced to 15 years for fraud

A US court sentenced cryptocurrency tycoon Do Kwon to 15 years in prison Thursday over fraud linked to his company's failure, which wiped out $40 billion of investors' money and shook global crypto markets.