Business news

Business

Musk wants to merge SpaceX and Tesla: Here's what to know

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies.

Business

Shares in this data center company are down 40% as investors lose faith in the AI story

For two decades, data centers were relatively safe, lucrative real estate investments. They attracted investors because they served as digital infrastructure—the essential plumbing that keeps the internet running.

Business

A SpaceX–Tesla megamerger could benefit both companies and Elon Musk's personal fortune

The history of corporate mergers is littered with failure, but investors in Tesla and SpaceX seem to believe Elon Musk can pull off the biggest tie-up of all time.

Business

Judge orders Meta to pay $25 billion to New Mexico in Cambridge Analytica case

A New Mexico judge ruled Wednesday that Meta must pay $25 billion to the state after a jury found last month that the social media giant had deceived users in a case related to the Cambridge Analytica scandal, according to ...

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

Google Cloud outage hits UK banks

Online services for a number of U.K. banks in and around London were disrupted by a Google Cloud outage Tuesday.

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

Using causal AI to amplify sustainability in the textile industry

With the textile industry facing mounting scrutiny over the environmental impacts of fast fashion, two researchers from Constructor University have published a framework to help responsible brands engage audiences more effectively ...

Business

Actor McConaughey seeks to patent image to protect from AI

Actor Matthew McConaughey has filed recordings of his image and voice with US patent authorities to protect them from unauthorized usage by artificial intelligence platforms, a representative said Wednesday.

Business

Amazon expands 'sovereign cloud' in Europe

Amazon's cloud computing division said Thursday that it would expand its "sovereign cloud" across the European Union, hoping to cash in as EU governments seek to safeguard their citizens' data.

Business

Swiss regulator opens inquiry into Microsoft license fees

The Swiss Competition Commission said Thursday that it had opened a preliminary inquiry into Microsoft's licensing fees, after complaints by rivals over what it called "significant" price hikes for the Microsoft 365 software ...

Consumer & Gadgets

Apple bundles creative apps into $13-a-month subscription

On Jan. 13, Apple Inc. announced a new subscription bundle of creative apps called Creator Studio, an attempt to give its photo- and video-editing software fresh momentum in the face of intensifying competition.

Consumer & Gadgets

How bits of Apple history can be yours

In March 1976, Apple cofounders Steve Jobs and Steve Wozniak both signed a $500 check weeks before the official creation of a California company that would transform personal computing and become a global powerhouse.

Business

Understanding ammonia energy's tradeoffs around the world

Many people are optimistic about ammonia's potential as an energy source and carrier of hydrogen, and though large-scale adoption would require major changes to the way it is currently manufactured, ammonia does have a number ...

Business

Musk vs OpenAI trial set for April 27

A trial in the lawsuit brought by Elon Musk against OpenAI CEO Samuel Altman and other defendants—including tech giant Microsoft—is scheduled to begin April 27, according to a federal court order issued Tuesday.