Business news

Consumer & Gadgets

Even on Instagram, teens mostly feel bored: Researchers offer design recommendations

Concern that social media is driving the teen mental health crisis has risen to such a pitch that the majority of states in the country have filed lawsuits against Meta (which owns Instagram and Facebook) and the U.S. surgeon ...

Business

Stellar year for the solar market, at home and abroad

The year 2023, according to National Renewable Energy Laboratory (NREL) analyst David Feldman, was a year of historic proportions in the solar power industry.

Business

Amazon Prime Day is a big event for scammers, experts warn

Amazon Prime Day is here, and experts are reminding consumers to be wary of scams.

Business

UK judge asks prosecutors to consider charges in bitcoin inventor case

A UK judge said Tuesday he will ask prosecutors to consider perjury and forgery charges against an Australian computer scientist who falsely claimed to be "Satoshi Nakamoto", the pseudonym used by the creator of the cryptocurrency ...

Business

Southwest Airlines unveils electric air taxi venture

US carrier Southwest Airlines plans to jointly develop a fleet of electric air taxis to serve the California market with transportation startup Archer Aviation, the companies announced Friday.

Business

Reining in AI: What NZ can learn from EU regulation

Artificial Intelligence now underpins many of our activities in public and private spheres, including work, education, travel, and leisure. But its rapid development and increased use has been led primarily by commercial ...

Business

Lufthansa issues profit warning, launches 'turnaround'

German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and launched a "turnaround" plan for its flagship carrier, which it warned might not break even.

Business

Microsoft drops OpenAI board seat as scrunity increases

Microsoft has ditched plans to take up a non-voting position on the board of ChatGPT maker OpenAI, according to a letter seen by AFP on Wednesday, as regulators step up scrutiny of deals involving AI companies.

Business

Microsoft seals carbon capture deal with Occidental

Tech giant Microsoft on Tuesday inked a record carbon capture agreement with Occidental Petroleum subsidiary 1PointFive, as major technology companies grapple with the growing carbon footprint of artificial intelligence.