Business news
Business
Ubisoft revenue drops after game flops, 'Assassin's Creed' delays
A run of new-release flops and the delay of the latest "Assassin's Creed" installment sent revenue at French games giant Ubisoft plunging in its third quarter, the company reported Thursday as it continues to weigh its future.
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Musk says he'll withdraw $97.4 billion bid for OpenAI if ChatGPT maker remains nonprofit
Elon Musk says he will abandon his $97.4 billion offer to buy the nonprofit behind OpenAI if the ChatGPT maker drops its plan to convert into a for-profit company.
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China's AI star DeepSeek shook basic patterns of high tech
It's easy to analyze the strategies of high technology businesses if you know this: Hardware is always upgrading and software is always degrading.
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Facebook, TikTok harden EU commitment to tackle disinformation—but not X
Digital titans including Facebook and TikTok formally pledged to ramp up the fight against disinformation in the EU, Brussels said on Thursday, just days after the new US administration condemned the bloc's online content ...
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Business
Google hub in Poland to develop AI use in energy and cybersecurity sectors
Google and Poland on Thursday signed a memorandum for developing the use of artificial intelligence in the country's energy, cybersecurity and other sectors.
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Business
AI feud: How Musk and Altman's partnership turned toxic
The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to ...
Feb 12, 2025
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Business
How Elon Musk $97.4 billion bid complicates matters for OpenAI
OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman's push to transform the maker of ChatGPT into a for-profit company.
Feb 11, 2025
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Business
Google has dropped its promise not to use AI for weapons. It's part of a troubling trend
Last week, Google quietly abandoned a long-standing commitment to not use artificial intelligence (AI) technology in weapons or surveillance. In an update to its AI principles, which were first published in 2018, the tech ...
Feb 11, 2025
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Business
Altman says OpenAI 'not for sale' after Musk's $97 bn bid
Artificial intelligence developer OpenAI is "not for sale", chief executive Sam Altman said in Paris Tuesday in response to a reported $97.4 billion bid from competitor Elon Musk.
Feb 11, 2025
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Internet
YouTube, the online video powerhouse, turns 20
YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership.
Feb 11, 2025
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Business
Elon Musk heads group trying to buy control of OpenAI: Report
Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front in his war with the ChatGPT-maker, the Wall Street Journal reported Monday.
Feb 11, 2025
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Business
Legal fight against AI-generated child pornography is complicated. A legal scholar explains why
The city of Lancaster, Pennsylvania, was shaken by revelations in December 2023 that two local teenage boys shared hundreds of nude images of girls in their community over a private chat on the social chat platform Discord. ...
Feb 11, 2025
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Business
What is Jevons' Paradox? And why it may—or may not—predict AI's future
In 1865, William Stanley Jevons first described a paradox. He maintained that more efficient steam engines would not decrease the use of coal in British factories but would actually increase it. As the fossil fuel became ...
Feb 10, 2025
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Business
When your boss is an algorithm: Warehouse employees face new challenges and stress
The digital revolution has opened unimagined opportunities, but it comes with a threat of leaving the most vulnerable workers behind.
Feb 10, 2025
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Business
Research suggests Metaverse could be new frontier for human-centric manufacturing
The integration of advanced technologies like augmented reality (AR) and digital twins is set to redefine the workforce's role, making humans an essential part of the manufacturing equation once again.
Feb 10, 2025
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Business
Generative AI, online platforms and compensation for content: The need for a new framework
The emergence of generative artificial intelligence has put the issue of compensation for content producers back on the table.
Feb 10, 2025
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Business
Nokia CEO Lundmark to be replaced by Intel AI chief Hotard
Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centers at US chip-maker Intel.
Feb 10, 2025
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Business
Elon Musk says has no plans to acquire TikTok's US operations
Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday.
Feb 9, 2025
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Business
Sony PlayStation Network outage enrages gamers around the world
A major outage of Sony's PlayStation Network (PSN) on Saturday has left tens of thousands of gamers unable to access online services, stores and multimedia apps.
Feb 8, 2025
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Business
Airbus and Boeing eye India's 'soaring skies'
Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India exhibition from Monday.
Feb 8, 2025
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Business
Software giant Red Hat gives owner IBM lift to shed its stodgy identity
At IBM's Investor Day event in New York City this week, the first the company has held since 2021, a word executives stressed was "software."
Feb 7, 2025
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Business
US lawmakers introduce bill to ban DeepSeek from govt devices
US lawmakers on Thursday brought forth a bill to ban Chinese artificial intelligence program DeepSeek from being used on government devices over concerns about user data security.
Feb 7, 2025
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