Business news

Business

Cryptocurrency exchange says it was victim of $1.5 billion hack

A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time.

Consumer & Gadgets

For push promotions, timing is everything: How brick-and-mortar retailers can compete with Amazon

You're leaving the office, when your phone dings. A nearby store is having a sale on a smartwatch, and an app displays a coupon for 20% off. You head right over.

Business

Labor Action Tracker: Work stoppages in '24 fewest since '21

The number of U.S. work stoppages decreased by 23.8% in 2024, compared to 2023, and the approximate number of workers decreased by 45.5%, according to the fourth annual Labor Action Tracker report.

Business

Trump considering 'alternatives' to Boeing for Air Force One contract

Donald Trump said his administration was "looking at alternatives" to Boeing following delays in delivering two new models of the US presidential Air Force One plane.

Business

Niger turns to satellites to bridge digital divide

Less than a third of Niger's vast territory has internet access, so the west African country is betting on satellite broadband to bridge the digital divide in remote rural areas.

Business

Meta plans undersea cable to link five continents

Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence.

Consumer & Gadgets

A guide for using VR and AR technology in foreign markets

Global businesses are embracing augmented reality (AR) and virtual reality (VR) to connect with consumers around the world. The technologies offer new ways to get a feel for products before buying—for everything from virtually ...

Business

Regulating artificial intelligence: From BRICS to beyond

Researchers from the Advancing Systems Analysis (ASA) program recently participated in a seminar inviting expert dialogue on the role of BRICS competition authorities in the fast-maturing era of artificial intelligence (AI) ...

Business

Google CEO says antitrust trials could drag on for years

Alphabet Inc. Chief Executive Officer Sundar Pichai said it will take many years to resolve Google's antitrust battles, downplaying the idea that they pose an immediate threat to the company's business.

Business

Google files EU complaint over Microsoft cloud services

Google said Wednesday that it had filed a complaint against Microsoft at the European Commission, accusing its rival of "anticompetitive" licensing practices to force customers to use its cloud service.

Business

Can cryptocurrencies ever be green?

Cryptocurrencies have been condemned over their environmental record at a time when traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be ...

Business

Cryptocurrency platform boss urges tighter regulation

The co-founder of one of the world's most popular cryptocurrencies called for tighter regulation of the sector to guard against the fraud and wild swings that have dogged it, in an interview with AFP.

Business

Princess Zelda takes the lead in 'Echoes of Wisdom'

Princess Zelda will shed her role as damsel in distress to play the heroine for the first time in the nearly four-decade history of the Nintendo fantasy series named after her.