Business news

Business

Researchers study how to create a public–private network for the urban distribution of goods

Estimates suggest that 4 million parcels are delivered every day in Spain, most of which are destined for the metropolitan areas of large cities, which is where 55% of the country's population lives.

Business

AI bots easily bypass some social media safeguards, study reveals

While artificial intelligence (AI) bots can serve a legitimate purpose on social media—such as marketing or customer service—some are designed to manipulate public discussion, incite hate speech, spread misinformation ...

Business

How the tiny Caribbean island of Anguilla has turned the AI boom into a digital gold mine

The artificial intelligence boom has benefited chatbot makers, computer scientists and Nvidia investors. It's also providing an unusual windfall for Anguilla, a tiny island in the Caribbean.

Business

Do people trust AI on financial decisions? We found it really depends on who they are

When it comes to investing and planning your financial future, are you more willing to trust a person or a computer?

Business

Amazon wants to be everything to everyone

Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to health care and entertainment.

Consumer & Gadgets

Exploring the hidden costs of free apps

Procrastination, sleep deprivation and reduced focus are part of the price we pay for free mobile apps. This is according to researchers at Linköping University and RISE, who have investigated the costs hidden behind the ...

Business

US weighs Google breakup in landmark trial

The US Department of Justice said on Tuesday it would demand that Google make profound changes to how it does business and even consider the possibility of a breakup, after the tech juggernaut was found to be running an illegal ...

Business

Samsung third-quarter forecast misses expectations

Samsung Electronics said Tuesday it expected third-quarter profits to jump almost three-fold, but fell short of market expectations as it struggled to leverage robust demand for chips used in artificial intelligence servers.

Business

What would be the impact of a US 'digital dollar'?

US President Joe Biden has ordered the federal government to look into creating a digital dollar, a move with the potential to reshape how money is moved and used around the world.

Internet

Through the metaverse, and what can be found there

The term "metaverse" has entered pop culture lexicon in recent years, largely due to Facebook, but the idea itself isn't new. Since the late 1970s and early 1980s, many of those in the technology community have imagined a ...

Business

Biden orders work to begin on future digital dollar

President Joe Biden on Wednesday ordered government agencies to begin work on creating a digital US dollar, weighing the risks and benefits of a move that could be a game changer for the global financial system.

Business

Elon Musk aims to end controls on his Tesla tweets

Tesla chief Elon Musk is trying to cancel an agreement he made in 2018 with the US stock market regulator (SEC) that requires some of his tweets to be approved by lawyers before they are posted.

Business

US lawmakers accuse Amazon of blocking anti-trust probe

A panel of US lawmakers urged the Department of Justice on Wednesday to open a criminal probe into their allegations that Amazon has tried to obstruct their anti-trust investigation of tech giants.

Business

Cathay Pacific slashes loss to $703 mn from $2.76 bn in 2020

Hong Kong carrier Cathay Pacific on Wednesday posted a loss of just over US$703 million for last year, a massive improvement on the record loss suffered in 2020 even as the airline struggled with tough travel restrictions.

Internet

Pokemon Go creator thinks metaverse needs to keep it 'real'

Niantic Labs CEO John Hanke has been working on technology that helps people navigate and enjoy places in the real world since he helped create Google Maps nearly 20 years ago. So it's not surprising that he isn't a fan of ...

Business

AI helped protect businesses from COVID-19 risks

A new study has found that artificial intelligence (AI) apps helped protect small and medium-sized businesses against many of the risks that emerged during the COVID-19 pandemic—yet only a quarter of small firms currently ...