Business news

Business

AI bots easily bypass some social media safeguards, study reveals

While artificial intelligence (AI) bots can serve a legitimate purpose on social media—such as marketing or customer service—some are designed to manipulate public discussion, incite hate speech, spread misinformation ...

Business

Wearable sensors can continuously track fatigue in factory workers

A system of wearable sensors and machine learning can continuously monitor factory workers for signs of physical fatigue. Factory work can be physically strenuous, and a safe and ethical workplace must ensure that workers ...

Business

How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine

The artificial intelligence boom has benefited chatbot makers, computer scientists and Nvidia investors. It's also providing an unusual windfall for Anguilla, a tiny island in the Caribbean.

Business

Banning debit card surcharges could save $500 million a year—if traders don't claw back the money in other ways

In a move that could reshape how Australians pay for everyday purchases, the federal government is preparing to ban businesses from slapping surcharges on debit card transactions.

Business

Amazon wants to be everything to everyone

Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to health care and entertainment.

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

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

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

Coinbase loses half its value in a week as crypto slumps

Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o date on Wednesday as the famously volatile crypto market weathers yet another slump.

Business

What Spotify and Tinder aren't telling us

Online activity is increasingly influenced by algorithmic recommendations based on data gathered about consumer behavior by companies that are often reluctant to disclose what data they're gathering or how they are using ...

Business

Match Group takes Google app store war to court in US

Tinder parent Match Group on Monday filed a lawsuit in a federal court in San Francisco accusing Google of abusing monopoly power at its Play Store that sells digital content for Android-powered phones.

Business

Bitcoin falls below $30,000, lowest since July 2021

Bitcoin slumped below $30,000 for the first time since July 2021 on Tuesday as cryptocurrencies track sinking markets with investors spooked by aggressive US monetary tightening and surging inflation.

Business

Nintendo's profit dips slightly as Switch console sales slow

Nintendo's profit for the fiscal year ended in March was little changed from the previous year, edging down 0.6% to 477.7 billion yen ($3.7 billion), the Japanese video game maker behind the Super Mario and Pokemon franchises ...

Software

EA Sports and FIFA end partnership, both eye new video games

Electronic Arts will stop making its hugely successful FIFA video game in its current name, marking a split in one of soccer's most successful and lucrative partnerships after the sides failed to strike a new licensing deal.

Business

Meta opens first physical store

Facebook parent Meta has opened its first physical store—in Burlingame, California—to showcase its hardware products like virtual and augmented reality goggles and glasses.