Business news

Business

Musk wants to merge SpaceX and Tesla: Here's what to know

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies.

Business

Pretrained AI detects factory defects using fewer examples, potentially easing costly setup

A University of Dayton statistician and an international team of researchers are showing how artificial intelligence can help factories detect flawed parts without the expensive step that keeps the technology out of reach ...

Business

A SpaceX–Tesla megamerger could benefit both companies and Elon Musk's personal fortune

The history of corporate mergers is littered with failure, but investors in Tesla and SpaceX seem to believe Elon Musk can pull off the biggest tie-up of all time.

Business

Judge orders Meta to pay $25 billion to New Mexico in Cambridge Analytica case

A New Mexico judge ruled Wednesday that Meta must pay $25 billion to the state after a jury found last month that the social media giant had deceived users in a case related to the Cambridge Analytica scandal, according to ...

Business

EU probes Booking.com over online fraud risks

The European Union opened an investigation into online travel agent Booking.com on Wednesday over alleged failures to tackle fake listings and phishing scams.

Business

Google Cloud outage hits UK banks

Online services for a number of U.K. banks in and around London were disrupted by a Google Cloud outage Tuesday.

Business

US bans use of China's DeepSeek by government agencies

The U.S. government on Monday ordered its agencies to stop using artificial intelligence tools from Chinese startup DeepSeek, as the countries race for dominance in the fast-moving sector.

Business

Expert examines what drives cryptocurrency returns

Dr. Matt Brigida, SUNY Poly professor of finance and chair of the Department of Accounting and Finance, is exploring the evolving relationship between cryptocurrency and traditional financial markets in his new paper, "Crypto ...

Business

Make your own Mickey Mouse clip—Disney embraces AI

Walt Disney and OpenAI announced a three-year licensing deal Thursday that will allow users to create short videos featuring beloved Disney characters through artificial intelligence.

Consumer & Gadgets

Amazon bets on color and AI with its priciest Kindle to date

Amazon.com Inc.'s new Kindle Scribe Colorsoft is the company's most serious effort yet to turn its e-reader into a productivity tool. But with a starting price of $630—making it the priciest Kindle yet—Amazon will need to ...

Business

EU launches antitrust probe into Google's data use for AI

The EU announced Tuesday it had opened a probe to assess whether Google breached antitrust rules by using content put online by media and other publishers to train and provide AI services without appropriate compensation.

Internet

Meta partners with news outlets to expand AI content

Meta announced Friday it will integrate content from major news organizations into its artificial intelligence assistant to provide Facebook, Instagram and WhatsApp users with real-time information.

Business

Chicago Tribune sues Perplexity AI for copyright infringement

On Dec. 4, the Chicago Tribune filed a copyright infringement lawsuit in New York federal court against Perplexity AI, alleging the California-based startup has been unlawfully profiting off the newspaper's content in building ...

Business

In Data Center Alley, AI sows building boom, doubts

As planes make their final approach to Washington DC's Dulles Airport, just below lies Ashburn, a town otherwise known as Data Center Alley—where an estimated 70% of all global internet traffic at any moment finds its way.