Business news

Business

Regulating artificial intelligence: From BRICS to beyond

Researchers from the Advancing Systems Analysis (ASA) program recently participated in a seminar inviting expert dialogue on the role of BRICS competition authorities in the fast-maturing era of artificial intelligence (AI) ...

Business

Hydrogen is touted as a climate solution, but can it be good business?

Hydrogen is often seen as a key element in the global energy transition, offering a cleaner alternative to fossil fuels—in particular for difficult-to-decarbonize sectors such as heavy-duty transportation and steel and ...

Business

Ubisoft shares sink after 'Assassin's Creed' delay

Shares in French video game giant Ubisoft plunged nearly 20 percent Thursday after it dropped its profit targets following a delay to its latest "Assassin's Creed" title.

Business

OpenAI Chief Technology Officer Mira Murati and 2 other execs are leaving the ChatGPT maker

A high-ranking executive at OpenAI who served a few days as its interim CEO during a period of turmoil last year said she's leaving the artificial intelligence company.

Business

Google CEO says antitrust trials could drag on for years

Alphabet Inc. Chief Executive Officer Sundar Pichai said it will take many years to resolve Google's antitrust battles, downplaying the idea that they pose an immediate threat to the company's business.

Business

Can cryptocurrencies ever be green?

Cryptocurrencies have been condemned over their environmental record at a time when traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be ...

Business

Google files EU complaint over Microsoft cloud services

Google said Wednesday that it had filed a complaint against Microsoft at the European Commission, accusing its rival of "anticompetitive" licensing practices to force customers to use its cloud service.

Business

Princess Zelda takes the lead in 'Echoes of Wisdom'

Princess Zelda will shed her role as damsel in distress to play the heroine for the first time in the nearly four-decade history of the Nintendo fantasy series named after her.

Business

Cryptocurrency platform boss urges tighter regulation

The co-founder of one of the world's most popular cryptocurrencies called for tighter regulation of the sector to guard against the fraud and wild swings that have dogged it, in an interview with AFP.

Business

Amazon demands a lot from its drivers: Now they're pushing back

Rajpal Singh sweltered on his routes, delivering hundreds of packages every day for Amazon to homes on twisty dirt roads in the hills and valleys surrounding Lancaster and Palmdale, California. Temperatures in his van commonly ...

Business

High costs, slowing China: VW's perilous road ahead

After Volkswagen's bombshell announcement earlier this month that it could close factories in Germany for the first time, company management and unions will begin tense talks on a new pay deal Wednesday.

Business

The EU vs X: How big could the fines be for Musk?

Elon Musk's X is in hot water with the EU for allegedly breaking new content rules—and the world's richest man risks multibillion-dollar fines even he might find prohibitive.

Business

Examining patents to find impact of AI on specific jobs

Artificial intelligence (AI) may reshape many industries, but the impact of the nascent technology on various jobs remains unclear. Daniele Quercia and colleagues used machine learning to investigate itself, by identifying ...

Business

Hydropower industry lost billions to drought over two decades

Hydropower is one of the country's leading sources of clean energy, but extended drought reduces the amount of power these facilities can produce. Without adequate planning, say researchers from The University of Alabama, ...

Business

Union says new Boeing pay offer 'missed the mark'

Union negotiators slammed Boeing's new offer to lift hourly wages for striking workers by 30 percent on Monday, saying it "missed the mark" and won't be voted on by members.

Internet

How Google allegedly monopolized the ad technology market

Google has monopolized the technology used to buy and sell online display ads by restricting or eliminating the choices of its customers—both website publishers and advertisers—the U.S. Justice Department alleged at a ...

Business

Telegram's Durov announces new crackdown on illegal content

Telegram founder and chief executive Pavel Durov said Monday that the messaging platform had removed more "problematic content", weeks after his arrest in France on charges of failing to act against criminals using the app.

Business

Chipmaker Qualcomm to explore takeover of Intel

Qualcomm Inc. has approached Intel Corp. to discuss a potential acquisition of the struggling chipmaker, people with knowledge of the matter said, raising the prospect of one of the biggest-ever M&A deals.

Business

Apple gets EU warning to open up iPhone operating system

Apple Inc. has been warned by the European Union to open up its highly guarded iPhone and iPad operating systems to rival technologies, or eventually risk significant fines under its flagship digital antitrust rules.

Business

Murdoch's REA ups offer for property website Rightmove

REA Group, the Australian online property website majority-owned by Rupert Murdoch's News Corp empire, said Monday it has made a third multi-billion-pound offer to buy British peer Rightmove.