Business news

Consumer & Gadgets

Exploring the hidden costs of free apps

Procrastination, sleep deprivation and reduced focus are part of the price we pay for free mobile apps. This is according to researchers at Linköping University and RISE, who have investigated the costs hidden behind the ...

Business

Legal system fails to protect people from malicious copyright cases at the cost of sexual privacy, study warns

Changes need to be made to the UK legal system to protect people from exploitative litigation designed to prey on vulnerabilities, a new study warns.

Business

US weighs Google breakup in landmark trial

The US Department of Justice said on Tuesday it would demand that Google make profound changes to how it does business and even consider the possibility of a breakup, after the tech juggernaut was found to be running an illegal ...

Business

Canadian urban mobility is woefully lacking, but building a better future is still possible

Canadian cities are falling behind globally when it comes to efficiently moving people. Long commute times, high congestion rates and infrastructure that is vulnerable to climate change are symptoms of a mobility crisis.

Business

Samsung third-quarter forecast misses expectations

Samsung Electronics said Tuesday it expected third-quarter profits to jump almost three-fold, but fell short of market expectations as it struggled to leverage robust demand for chips used in artificial intelligence servers.

Business

US industrial policy may strengthen EV battery supply chain

Vehicle electrification is an important pathway to reducing global greenhouse gas emissions. The supply chain for electric vehicle battery materials relies heavily on China, a dependency that can leave the US vulnerable to ...

Business

EU states greenlight extra tariffs on EVs from China

EU countries gave a definitive green light on Friday to hefty additional tariffs on electric cars made in China, despite strong German opposition and fears it will trigger a trade war with Beijing.

Business

What next for OpenAI after $157 billion bonanza?

ChatGPT-maker OpenAI has become an AI powerhouse after securing Silicon Valley's largest-ever funding round. The company now faces the challenge of delivering on its promise to become the next Apple or Google.

Business

Meta must limit data use for targeted ads: EU court

Social media platforms such as Meta's Facebook must limit the use of personal data including someone's sexual orientation for targeted advertising, the European Union's top court ruled Friday.

Business

Irish regulator to probe Ryanair use of facial recognition

Ireland's data watchdog said Friday it will probe whether budget airline Ryanair's use of facial recognition to check the identity of customers booking through third-party websites violates EU privacy laws.

Business

Zuckerberg staying at Meta helm for years 'makes sense': Clegg

Mark Zuckerberg's presence at the helm of Facebook parent Meta for "many, many years" would be perfectly natural, his global affairs director has told AFP, even as the founders of many tech companies hand off to fresh blood.

Business

Amazon says it prevented 4 billion bad listings in 2021

Amazon, which has been under increasing pressure to tackle counterfeit products, said in its second-annual report that it prevented 4 billion bad listings from making it onto its site and got rid of more than 3 million phony ...

Consumer & Gadgets

EU agrees single charger standard, in blow to Apple

European officials on Tuesday agreed the text of a proposed EU law imposing a standard charger for smartphones, tablets and laptops sold in the bloc, in a blow to Apple.

Internet

Texas attorney general opens investigation of Twitter bots

Texas Attorney General Ken Paxton said he opened an investigation of Twitter, claiming the social media platform may be misleading people with false reporting of its bot accounts, violating the Texas Deceptive Trade Practices ...

Consumer & Gadgets

Apple debuts pay-later service, iPhone updates to developers

Apple Inc. unveiled a flurry of new software features and services at its Worldwide Developers Conference, including an updated iPhone lock screen, multitasking features for the iPad and a pay-later service that vaults it ...

Business

For NFT collectors, there's a fine line between buzz and boredom

Non-fungible tokens (NFTs) are all the rage, with collectors spending vast sums—in some cases, tens of millions of dollars—to own and trade unique digital images. For researchers, that offers a rare opportunity to study ...