Business news
Business
A giant biotechnology company might go bust. What will happen to the millions of people's DNA it holds?
Since it was founded nearly two decades ago, 23andMe has grown into one of the largest biotechnology companies in the world. Millions of people have used its simple genetic testing service, which involves ordering a saliva ...
20 hours ago
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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, ...
Oct 18, 2024
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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.
Oct 18, 2024
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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.
Oct 17, 2024
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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.
Oct 16, 2024
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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 ...
Oct 15, 2024
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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 ...
Oct 15, 2024
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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 ...
Oct 15, 2024
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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.
Oct 15, 2024
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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.
Oct 15, 2024
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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?
Oct 15, 2024
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Business
Banning debit card surcharges could save $500 million a year—if traders don't claw back the money in other ways
In a move that could reshape how Australians pay for everyday purchases, the federal government is preparing to ban businesses from slapping surcharges on debit card transactions.
Oct 15, 2024
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Business
Google signs nuclear power deal with startup Kairos
Google on Monday signed a deal to get electricity from small nuclear reactors to help power artificial intelligence.
Oct 14, 2024
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Business
As OpenAI attracts new investment, balancing profit with purpose is getting more challenging to pull off
OpenAI, the artificial intelligence company that developed the popular ChatGPT chatbot and the text-to-art program Dall-E, is at a crossroads. On Oct. 2, 2024, it announced that it had obtained US$6.6 billion in new funding ...
Oct 14, 2024
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Business
Google used influence, ultimatum to cut deal on California news
Google was negotiating to spend $110 million to support California's struggling journalism industry, but the search giant had a demand: taxpayers would need to contribute tens of millions of dollars as well.
Oct 14, 2024
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Business
Opinion: Australia has led the way regulating gene technology for over 20 years—here's how it should apply that to AI
Since 2019, the Australian Department for Industry, Science and Resources has been striving to make the nation a leader in "safe and responsible" artificial intelligence (AI). Key to this is a voluntary framework based on ...
Oct 14, 2024
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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.
Oct 13, 2024
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Business
The Australian government's social media ban for kids will exempt 'low-risk' platforms: What does that mean?
In a speech to the New South Wales and South Australian government social media summit today, Federal Minister for Communications Michelle Rowland announced more details of how the federal government's proposed social media ...
Oct 12, 2024
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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 ...
Oct 10, 2024
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Business
Legal system fails to protect people from malicious copyright cases at the cost of sexual privacy, study warns
Changes need to be made to the UK legal system to protect people from exploitative litigation designed to prey on vulnerabilities, a new study warns.
Oct 10, 2024
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Business
The changing geography of 'energy poverty': Study shows homes in the South and Southwest could use more aid
A growing portion of Americans who are struggling to pay for their household energy live in the South and Southwest, reflecting a climate-driven shift away from heating needs and toward air conditioning use, an MIT study ...
Oct 9, 2024
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Business
Amazon says new technology in delivery vans will help sort packages on the fly and save time
Amazon has revealed new technology that it says will help delivery drivers avoid organizing packages at stops or manually check to see if they have the right parcel for each delivery.
Oct 9, 2024
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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 ...
Oct 9, 2024
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Business
Opinion: AI is a multibillion-dollar industry underpinned by an invisible and exploited workforce
In dusty factories, cramped internet cafes and makeshift home offices around the world, millions of people sit at computers tediously labeling data.
Oct 9, 2024
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Business
Canadian urban mobility is woefully lacking, but building a better future is still possible
Canadian cities are falling behind globally when it comes to efficiently moving people. Long commute times, high congestion rates and infrastructure that is vulnerable to climate change are symptoms of a mobility crisis.
Oct 9, 2024
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