Business news

Business

Blockchain could offer a solution to the UK's transport ticketing systems

A new approach to transport ticketing offers a step towards an integrated, transparent system that works efficiently for both ticket providers and passengers across all modes of transport.

Business

The end of the package holiday provider? Blockchain technology could revolutionize travel experiences

Forget the middleman—blockchain technology could lead to the end of the traditional package holiday provider, putting power back into the hands of customers, according to a new study from the University of Surrey.

Business

Chip giant TSMC's April revenue jumps 60% on-year

Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.

Business

Honda posts record profit, issues cautious forecasts

Japanese auto giant Honda on Friday logged a record annual profit thanks to improving global vehicle sales, but issued a cautious outlook for the current fiscal year.

Consumer & Gadgets

Apple apologizes for iPad 'Crush' ad after backlash

Apple apologized on Thursday after an ad for its latest-edition iPad caused an uproar for showing an industrial press crushing objects linked to human creativity, infuriating artists.

Business

US revokes some licenses for exports to China's Huawei

The United States has revoked some export licenses that allowed companies such as US chip firm Qualcomm to supply Chinese tech giant Huawei, the Commerce Department confirmed on Wednesday.

Business

Europe's auto suppliers reach the end of the road

Emrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory where he works in northern Germany is slated to close.

Business

How the EU transformed tech

As millions of voters prepare for next month's European Parliament elections, AFP explores some of the deep transformations the 27-member bloc has made in the field of technology.

Business

Q&A: What's behind the potential ban on TikTok?

On April 24, President Joe Biden signed a foreign aid package that included a security addendum—a ban of the popular China-based social media app TikTok unless its parent company is sold to an American firm within nine ...