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

Improving reliable power supply to remote communities

Remote First Nations communities in Australia experience ongoing energy insecurity due to geographic isolation, reliance on diesel, and uneven consumer protections relative to grid-connected households—so experts are navigating ...

Business

NASA, industry weave data fabric with AI

One of the biggest goals for companies in the field of artificial intelligence is developing "agentic" or autonomous systems. These metaphorical agents can perform tasks without a guiding human hand. This parallels the goals ...

Business

Musk's Grokipedia leans on 'questionable' sources, study says

Elon Musk's Grokipedia carries thousands of citations to "questionable" and "problematic" sources, US researchers said Friday, raising doubts about the reliability of the AI-powered encyclopedia as an information tool.

Business

EU bows to pressure on loosening AI, privacy rules

The European Union is set next week to kickstart a rollback of landmark rules on artificial intelligence and data protection that face powerful pushback on both sides of the Atlantic.

Internet

Video podcasts become next streaming battleground

Big tech platforms, including TikTok and Netflix, are all looking to add video podcasts to their content, a rapidly growing format that attracts a young audience prized by advertisers and where YouTube dominates.

Business

EU probes Google over news site rankings

The EU launched a fresh investigation into Google Thursday over suspicions the US giant is pushing down news outlets in search results, despite retaliation threats from US President Donald Trump.

Business

German court rules against OpenAI in copyright case

A German court ruled Tuesday that OpenAI has infringed copyright law by using song lyrics to feed its chat models in a case that could have wide implications for European artists.