Business news

Business

EU probes Booking.com over online fraud risks

The European Union opened an investigation into online travel agent Booking.com on Wednesday over alleged failures to tackle fake listings and phishing scams.

Business

Nvidia CEO encourages Europe's lagging AI sector and offers tools to accelerate data center buildout

Nvidia CEO Jensen Huang urged players in Europe's lagging artificial intelligence industry to get going and touted a modular system to quickly build AI data centers he says are sorely needed by developers on the continent.

Business

Globalized financial systems help green the world, according to study

The globalization of financial systems can play a vital role in protecting the environment and boosting the green revolution by increasing investment in renewable energy, cleaner technologies and other environmentally sustainable ...

Business

Nvidia CEO urges German manufacturers to adopt AI, saying digital tech won't replace heavy industry

Nvidia CEO Jensen Huang urged Germany's makers of cars and industrial machines to quickly adopt artificial intelligence to "reengineer" the country's struggling business model by tapping its wealth of manufacturing data and ...

Business

US bans use of China's DeepSeek by government agencies

The U.S. government on Monday ordered its agencies to stop using artificial intelligence tools from Chinese startup DeepSeek, as the countries race for dominance in the fast-moving sector.

Business

Expert examines what drives cryptocurrency returns

Dr. Matt Brigida, SUNY Poly professor of finance and chair of the Department of Accounting and Finance, is exploring the evolving relationship between cryptocurrency and traditional financial markets in his new paper, "Crypto ...

Business

OpenAI revenue gap report rattles AI stocks

OpenAI is bringing in about $20 billion less in annualized revenue than investors had been led to believe, the Financial Times reported Thursday, raising questions about the solidity of the AI business.

Business

AMD buys firm founded by AI 'godmother' Fei-Fei Li

Chipmaker Advanced Micro Devices announced Monday that it has acquired World Labs, an artificial intelligence company founded by Fei-Fei Li, one of the field's most prominent researchers and sometimes referred to as "The ...

Business

AI driving up innovation investment: UN

Artificial intelligence is fueling a rebound in investment in innovation, with corporate research and development spending reaching record highs, the United Nations said Tuesday.

Business

AI is reshaping the workplace, but not replacing human judgment

As artificial intelligence rapidly transforms the workplace, new research shows that human capabilities such as creativity, analytical thinking and systems thinking remain critical and are expected to remain important in ...

Business

Greater job security can make inventors less creative

When Apple recently presented its (rather pricey) new folding phone, one of the questions hovering over the launch—and in particular its new CEO, John Ternus—was whether the technology giant can recover its famously innovative ...

Internet

TikTok agrees to teen limits in US settlement following Meta

TikTok on Friday agreed to pay Alabama at least $100 million and enact time limits and other restrictions for teen users, avoiding a trial with a settlement modeled on Instagram owner Meta's recent agreement with U.S. states.

Business

Jury finds Meta liable in Cambridge Analytica case

A jury in New Mexico on Friday found that Facebook's parent company, Meta, deceived users about privacy protections in a case linked to the Cambridge Analytica scandal, U.S. media reported.

Business

US court sides with Pentagon in Anthropic AI ban

A U.S. appeals court on Friday upheld the Pentagon's decision to exclude Anthropic from its supply chain after the AI startup refused to remove certain safeguards on its Claude model.

Business

Meta shares soar after launch of Muse AI

Meta shares bounced back to their summer 2025 highs this week, riding a wave of investor excitement about Muse, the social media giant's AI agent, which presents an opportunity to generate revenue beyond advertising.

Business

First US trial against TikTok to open Monday

TikTok goes on trial Monday in Alabama, accused by the state of misleading parents about tools meant to shield children from harmful content. It is the first case against the platform to go before a U.S. jury.

Business

Apple's new watches are always listening

The latest Apple Watch models have some new features: they can listen to the sounds around you all day, transcribe snippets of conversation on demand and write up summaries of everything they heard.