Business news

Business

AI beats human forecasters in tournament predicting 30 tech ventures

For decades, the idea that artificial intelligence can beat humans at number-crunching tasks like high-frequency trading has been widely accepted. But strategic foresight—the ability to predict the success of high-stakes, ...

Business

Quantifying forks in Bitcoin mining—and their energy cost

Creating new cryptocurrency requires large amounts of computing power, which is used to solve cryptographic puzzles in what is known as proof-of-work mining. When two computers attempt to solve the same puzzle, the first ...

Business

Workers' information shared with third-party companies, new research reveals

Companies are sharing workers' identifiable information and online activity with third-party companies, including Microsoft, Google and Facebook, using employee monitoring software known as "bossware," new Northeastern University ...

Business

Technology usually creates jobs for young, skilled workers. Will AI do the same?

At any given time, technology does two things to employment: It replaces traditional jobs, and it creates new lines of work. Machines replace farmers, but enable, say, aeronautical engineers to exist. So, if tech creates ...

Business

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

Business

Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that billionaire Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to the ChatGPT startup and ending one of Silicon Valley's most closely watched courtroom ...

Business

How to make 'smart city' technologies behave ethically

As local governments adopt new technologies that automate many aspects of city services, there is an increased likelihood of tension between the ethics and expectations of citizens and the behavior of these "smart city" tools. ...

Consumer & Gadgets

Amazon's holiday catalog brings back the joy of the toy store

The Amazon Holiday Kids Gift Book, which has hit mailboxes months ahead of Christmas, has become the modern child's wish book—a glossy stand-in for the toy store aisles their parents once roamed. It sparks the same giddy ...

Business

'Battlefield' video game sees big-time sales

The latest installment of military video game "Battlefield" hit the market with sales rivaling that of blockbuster rival "Call of Duty," publisher Electronic Arts (EA) announced on Thursday.

Business

Meta adds parental controls for AI-teen interactions

Meta is adding parental controls for kids' interactions with artificial intelligence chatbots—including the ability to turn off one-on-one chats with AI characters altogether—beginning early next year.

Business

India's Infosys raises bottom end of revenue outlook

Indian IT giant Infosys raised the floor of its revenue forecast for the current fiscal year on Thursday after reporting stronger-than-expected results for the July-September quarter.