Business news

Business

New York Times takes aim at another AI company

The New York Times has sent a cease and desist letter to Perplexity, a hot AI startup often touted as a promising competitor to Google search, over alleged copyright infringement.

Business

Do people trust AI on financial decisions? We found it really depends on who they are

When it comes to investing and planning your financial future, are you more willing to trust a person or a computer?

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 ...

Consumer & Gadgets

Advertising source may drive experience for some Siri users

Advertisements on a voice assistant like Alexa or Siri may be more effective if the assistant is viewed as the medium for the ad, not the source. However, user motives play a role in how these persuasive messages are received, ...

Business

Qantas to launch longest non-stop passenger flight

Qantas announced on Monday it will launch the world's longest non-stop commercial flight, with passengers set to spend 19 hours in the air traveling from Sydney to London by the end of 2025.

Internet

Elon Musk's big plans for Twitter: What we know so far

Tesla CEO Elon Musk has laid out some bold, if still vague, plans for transforming Twitter into a place of "maximum fun" once he buys the social media platform for $44 billion and takes it private.

Business

New York Amazon workers deal setback to union drive

Workers at an Amazon facility in New York have roundly voted against unionization—dealing a setback to a burgeoning organized labor movement one month after a landmark win at a nearby warehouse.

Business

Amazon, union face off in a rematch election in New York

Amazon and the nascent group that successfully organized the company's first-ever U.S. union are headed for a rematch Monday, when a federal labor board will tally votes cast by warehouse workers in yet another election on ...

Business

The longest non-stop flights in the world

Qantas has revealed plans for the world's longest-duration commercial flight by the end of 2025, ferrying passengers between Sydney and London on Airbus A350s in just over 19 hours.

Business

Back with the banned: Do Twitter's exiles return under Musk?

QAnon loyalists, COVID deniers, neo-Nazis and a former American president: The list of people banned from Twitter is long, but their exile could soon come to an end if Elon Musk's $44 billion offer for the platform is approved.

Consumer & Gadgets

Wall Street is betting that Microsoft-Activision deal will fail

Activision Blizzard Inc. shareholders approved the company's $69 billion sale to Microsoft Corp on Thursday, but Wall Street is betting that Biden antitrust enforcers could unravel one of the largest mergers in U.S. history.