Business news

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.

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 ...

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.

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.

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.

Business

Google halts workplace diversity push

Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators.

Business

Q&A: How DeepSeek is changing the AI landscape

On Monday January 27, a little known Chinese start-up called DeepSeek sent shockwaves and panic through Silicon Valley and the global stock market with the launch of their generative artificial intelligence(AI) model that ...

Business

DeepSeek, Nvidia and the AI race that's shaping the future

The AI revolution is well underway and two companies—DeepSeek and Nvidia—stand out among those competing to lead it. Outside the financial world, the story might seem distant—but it really does have consequences for ...

Business

How AI bias shapes everything from hiring to health care

Generative AI tools like ChatGPT, DeepSeek, Google's Gemini and Microsoft's Copilot are transforming industries at a rapid pace. However, as these large language models become less expensive and more widely used for critical ...

Business

How will AI be used in advertising?

The Super Bowl, which will be broadcast on Feb. 9, and will feature the Kansas City Chiefs and the Philadelphia Eagles, is much more than just a major sporting event. It's a way for advertisers to showcase cars, consumer ...

Business

Google shares plummet after earnings disappoint

Shares in Google dropped by more than seven percent on Wall Street on Wednesday, a day after its latest quarterly earnings showed stalled growth in cloud and massive spending.

Business

Apple blasts porn app for iPhones in Europe

Apple on Monday called a pornography app available for iPhones in the European Union a danger to children, saying landmark digital rules there allowed it to get on to its handsets via an alternative to its App Store.

Business

Stablecoin issuer Tether says profit was $13 billion last year

Tether Holdings Ltd., the stablecoin issuer that was pulled into the spotlight this week during the confirmation hearing for Donald Trump's pick to run the Commerce Department, said it made an eye-popping $13 billion in profits ...

Business

Meta mulling incorporation shift to Texas: report

Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday.

Business

Q&A: DeepSeek and the future of AI

News that artificial intelligence (AI) assistant DeepSeek can compete with models like ChatGPT and Gemini for a fraction of the cost and computing power made headlines on Jan. 27, 2025. The reporting caused technology and ...

Business

WhatsApp says disrupts Paragon spyware campaign

Meta-owned WhatsApp announced Friday it has disrupted a spyware operation by surveillance firm Paragon Solutions that targeted approximately 90 users, including journalists and civil society members, through malicious PDF ...

Business

DeepSeek is coming for Sam Altman's other company too

If OpenAI LLC were a listed company, Monday would have been a very bad day for the stock. But Chief Executive Sam Altman also happens to be chairman of another, less well-known company that is listed, a developer of nuclear ...

Business

SoftBank eyes $15-25 bn investment in OpenAI: FT

Japan's SoftBank is in talks to invest $15-25 billion in OpenAI in a deal that would make it the ChatGPT-maker's biggest financial backer, the Financial Times reported on Thursday.

Business

Meta posts big profit, aims to take AI lead

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead.