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 ...

Internet

Child protection vs privacy: decision time for EU

Does protecting children justify snooping on private messages? That is the sensitive question facing EU countries Wednesday as they wrangle over a push to combat child sexual abuse material online.

Business

OpenAI offers more copyright control for Sora 2 videos

When OpenAI released its new video generation model Sora 2 last week, users delighted in creating hyper-realistic clips inspired by real cartoons and video games, from South Park to Pokemon.

Internet

Google argues a forced sale of Ad Exchange is too risky

Alphabet Inc.'s Google has spent the past week in Virginia federal court seeking to persuade a judge that selling off its advertising exchange is too risky, technologically difficult and would disrupt the market.

Business

A bold new blueprint for economically viable solar hydrogen

A review reimagines solar-driven water electrolysis not as a mere hydrogen production technology but instead as a relatively versatile platform for sustainable chemical manufacturing, according to Professor Fatwa F. Abdi ...

Business

Boom or bubble: How long can the AI investment craze last?

The staggering investments in artificial intelligence keep coming: Last week, AI chip giant Nvidia announced it would invest $100 billion to help OpenAI, the frontrunner in generative AI, build data centers.

Business

Using AI to identify sketchy massage parlors

Human trafficking rings are at their most dangerous when they masquerade as legitimate commercial activity. Illicit massage businesses (IMBs) are one of the most common ways in which exploitive networks operate in plain sight.

Business

Dutch warning over 'annoying' chatbots

Dutch authorities told companies and organizations on Thursday they should not rely solely on chatbots to communicate with consumers, describing their use as "one of the biggest annoyances" customers face.