Business news

Business

Toyota joins with Hyundai's Boston Dynamics on AI-powered robots

Toyota Motor Corp.'s research unit and Hyundai Motor Co.'s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence.

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

Google monopoly: Prosecutors hint at company breakup, but analysts say it's unlikely

Federal prosecutors hinted at a breakup of Google in proposals to a federal judge set on stripping the Mountain View technology giant of its monopoly over internet search, but analysts believe court-ordered fixes will stop ...

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

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

Musk gives 5 mn Tesla shares to unspecified charities

Tesla Chief Executive Elon Musk, considered the richest person in the world, has donated 5.04 million shares of his company to unspecified charities, according to a securities filing.

Tencent-backed tech giant's hit game 'banned in India'

Tech giant Sea, which is backed by China's Tencent, has apologised to users in India after its popular Free Fire game was reportedly among dozens of apps hit with a ban on national security concerns.

Business

Google agrees competition, privacy pledge over online ads

Britain on Friday said it had accepted changes proposed by Google to address competition and customer privacy concerns linked to online advertising, with the US tech giant vowing to apply them globally.

Business

What's next for TikTok's music industry revolution?

With a billion users, TikTok has rapidly become one of the most important players in the music industry, and now has its sights set on revolutionising the way artists are discovered and get paid.

Business

Microsoft vows app store fairness with Activision merger

Microsoft on Wednesday courted the favor of antitrust regulators scrutinizing its plan to buy video game maker Activision Blizzard, promising that any app store it builds will treat developers fairly.

Business

Uber posts 4Q profit as ride-hailing service bounces back

Uber's ride-hailing service edged closer to returning to its pre-pandemic levels during the final three months of last year, but its prospects remain clouded by the future direction of the novel coronavirus that has plagued ...

Business

Germany's Siemens sees profit up 20%, raises dividend

Germany Siemens AG, global maker of big-ticket machines and industrial equipment and software, saw net profit rise 20% to 1.8 billion euros in the last three months of 2021 as the rebounding global economy increased orders ...

World's biggest mobile show eyes up to 60,000 visitors

Up to 60,000 people are expected to attend the Mobile World Congress in Barcelona this month, organisers said Thursday, hoping it would resemble its pre-pandemic days despite the absence of several heavyweights.

Business

Discovery: No US challenge to $43B WarnerMedia deal

U.S. antitrust regulators have not challenged the $43 billion combination of Discovery and AT&T's WarnerMedia during a key review period, according to corporate securities filings, easing the way for the deal to close in ...

Consumer & Gadgets

Apple says iPhone to accept tap-to-pay without more hardware

Apple said Tuesday it is expanding the iPhone's capabilities to accept contactless payments, making it easier for merchants to conduct tap-to-pay transactions without having to buy additional hardware.

Business

Japan's SoftBank drops sale of Arm, plans IPO

SoftBank's planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia has fallen through, but the Japanese technology investor immediately turned bullish on taking it public.

Business

Amazon expands health care push in United States

Amazon on Tuesday announced its telemedicine service has expanded nationwide in the United States, a new extension of the firm's empire that has steadily gone far beyond e-commerce.