Business news

Business

AI is supposed to be Hollywood's next big thing: What's taking so long?

Earlier this year, OpenAI and other artificial intelligence companies wooed Hollywood studios with the futuristic promise of AI tools that they said could help make the business of creating movies and television shows faster, ...

Business

Drought forces Big Tech to rethink thirsty LatAm data centers

A prolonged drought in much of South America has forced tech giants like Google and Amazon to rework their plans for water-guzzling data centers.

Business

Wearable sensors can continuously track fatigue in factory workers

A system of wearable sensors and machine learning can continuously monitor factory workers for signs of physical fatigue. Factory work can be physically strenuous, and a safe and ethical workplace must ensure that workers ...

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

New York Times takes aim at another AI company

The New York Times has sent a cease and desist letter to Perplexity, a hot AI startup often touted as a promising competitor to Google search, over alleged copyright infringement.

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

China Mobile's Shanghai debut lukewarm after US delisting

China Mobile shares ended with slight gains on Wednesday in their debut on the Shanghai stock exchange after the telecoms giant was delisted in New York as tensions soared between Beijing and Washington.

Business

CES tech fair opens under pandemic shadow

The CES tech show threw open its doors Wednesday in Las Vegas despite surging Covid-19 cases in the United States, as one of the world's largest trade fairs tried to get back to business.

Business

Swiss army backs home-grown IM service amid privacy concerns

The Swiss army has told its ranks to stop using foreign instant-messaging services like WhatsApp, Signal and Telegram for official communications. Instead, it's opting for a Swiss alternative—in part over concerns about ...

Business

Theranos founder Elizabeth Holmes guilty in fraud trial

Fallen US biotech star Elizabeth Holmes was convicted on Monday of defrauding investors in her blood-testing startup Theranos, in a high-profile case seen as an indictment of Silicon Valley culture.

Business

CES tech fair prepares to draw crowds as COVID surges

The Consumer Electronics Show (CES), one of the world's largest trade fairs, returns to Las Vegas in person this week under a newly resurgent pandemic that has supercharged the industry but threatens its downsized expo.

Business

US airport chaos as more than 2,700 flights cancelled

Air travel continued to be severely disrupted in the United States on Saturday, with bad weather in parts of the country adding to the impact of a massive spike in Covid-19 infections fuelled by the Omicron variant.

Business

Philippine Airlines exits US bankruptcy

Philippine Airlines has said it has emerged from bankruptcy after a US court approved its plan to slash up to $2 billion in debt and obtain additional capital.

Business

Bitcoin faces uncertain 2022 after record year

The price of bitcoin hit record highs in 2021 thanks to support from traditional finance, but cryptocurrency specialists are struggling to predict next year's outcome for the volatile sector.

Business

Hong Kong ban on ivory sales comes into force

A ban on selling most ivory products in Hong Kong came into effect Friday, the culmination of a three-year process to eliminate the once rampant trade in the city.