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

Amazon closing scores of shops in retail strategy shift

E-commerce titan Amazon on Wednesday confirmed plans to close its bricks-and-mortar bookstores and pop-up shops in order to focus on the Whole Foods grocery chain and retail outlets featuring its latest auto-checkout technology.

Business

Modular and scalable AI-based financial portfolio management

The ability to predict movements in the stock market can be an extremely lucrative skill. For portfolio managers, who reallocate capital into the multiple assets of a portfolio, predicting price trends enables them to maximize ...

Business

Netflix enters deal to acquire Finland's Next Games

Netflix said Wednesday it plans to buy Finnish developer Next Games for more than $70 million, signaling the US streaming giant's intent to expand into the video gaming industry.

Business

6 ways technology is evolving travel in 2022

For the athletes at the 2022 Winter Olympics in Beijing, travel entailed … robots. Everywhere. These machines prepared and served noodles, rice and burgers, and roamed hallways to take the temperatures of passersby. They ...

Business

States launch probe into TikTok's effect on kids' health

State attorneys general have launched a nationwide investigation into TikTok and its possible harmful effects on young users' mental health, widening government scrutiny of the wildly popular video platform.

Business

Chip firms play down Ukraine war supply fears

The tech industry is playing down fears of widespread raw materials shortages as a result of the war in Ukraine, after reports that chipmakers would face a severe crunch.

Business

Toshiba: Japan's troubled megacorp

Once a symbol of Japan's advanced technology and economic power, Toshiba has been rocked by turbulence in recent years.

Business

Could Russia get round sanctions with cryptocurrency?

Cryptocurrency purchases in rubles are at a record high following Russia's invasion of Ukraine, raising questions about whether piling into the likes of bitcoin can help Moscow get around sanctions.

Business

Chinese firms push 5G credentials despite US ban

On a stage reserved for the biggest players in the global telecoms industry, three Chinese firms took their place alongside three Western companies—and pushed the message that they wanted to "work together".

Business

Abu Dhabi's Etihad carrier posts $476M loss amid pandemic

Abu Dhabi's Etihad carrier announced on Tuesday a whopping $478 million loss for 2021, a figure that underscores the continued challenge airlines around the world face as travelers slowly return to the skies amid COVID-19 ...

Business

Qatar hits out at Airbus as new jet grounded in paint dispute

Qatar Airways on Monday accused aviation giant Airbus of blocking efforts to settle their billion-dollar dispute over the safety of the A350 as it announced that another plane has been grounded with peeling paintwork.

Business

Elon Musk probed in US over stock trades: report

US market regulators are probing whether Tesla boss Elon Musk and his brother violated insider trading rules in connection with whopping share sales last year, the Wall Street Journal reported Thursday.