Business news

Business

AI beats human forecasters in tournament predicting 30 tech ventures

For decades, the idea that artificial intelligence can beat humans at number-crunching tasks like high-frequency trading has been widely accepted. But strategic foresight—the ability to predict the success of high-stakes, ...

Business

Pope Leo XIV compares AI to the Industrial Revolution, as new alternatives to big AI firms take shape

With the release of his encyclical letter Magnifica Humanitas on May 25, 2026, Pope Leo XIV has signaled that he wants the church to respond to artificial intelligence much as a predecessor, Pope Leo XIII, responded to upheavals ...

Business

Workers' information shared with third-party companies, new research reveals

Companies are sharing workers' identifiable information and online activity with third-party companies, including Microsoft, Google and Facebook, using employee monitoring software known as "bossware," new Northeastern University ...

Business

Technology usually creates jobs for young, skilled workers. Will AI do the same?

At any given time, technology does two things to employment: It replaces traditional jobs, and it creates new lines of work. Machines replace farmers, but enable, say, aeronautical engineers to exist. So, if tech creates ...

Business

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

Business

Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that billionaire Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to the ChatGPT startup and ending one of Silicon Valley's most closely watched courtroom ...

Business

Trump launches 'Genesis Mission' to speed AI-driven research

President Donald Trump signed an executive order Monday establishing the "Genesis Mission," a national initiative to harness AI for scientific breakthroughs, comparing its scope to the Manhattan Project that produced the ...

Internet

Don't expect AI to disrupt Google's monopoly on search

In a recent episode of the podcast "Acquired," venture capitalists and hosts Ben Gilbert and David Rosenthal argued that the horrible roll-out of Google's Bard AI chatbot in February 2023—which led the company's stock to ...

Business

US demands Google ad breakup in court closing arguments

The US government asked a federal judge on Friday to order the breakup of Google's digital advertising business, arguing that the tech giant's pledges to change its practices cannot be trusted.

Business

Companies are warming up to saying AI is the reason for job cuts

In late September, the German airline Deutsche Lufthansa AG told analysts and investors that it planned to eliminate 4,000 administrative positions by the end of the decade. Among the reasons it cited was "the increased use ...

Business

Would you print your next meal?

Several companies are revolutionizing the way we make meals. Step aside microwaves, 3D printers are here.