Business news

Business

Google wins delay in opening Android app store to rivals

A US judge on Friday let Google delay opening Android-powered smartphones to rival app shops, suspending a November 1 deadline ordered in an antitrust case brought by Fortnite-maker Epic Games.

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 ...

Business

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.

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 ...

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

Big Tech booms even as lockdown living wanes

Big Tech goliaths like Facebook and Amazon unveiled whopping profits this week, showing their dominance in lockdown lifestyles is on course to grow well beyond the pandemic.

Business

China's Didi denies report of plan to buy back shares

Didi Global Inc. on Friday denied a report by The Wall Street Journal that the ride-hailing service was considering buying back its U.S.-traded shares after its June market debut was disrupted by Chinese government orders ...

Business

Air France-KLM sees 'first signs of recovery'

Air France-KLM said Friday that it narrowed its loss in the second quarter and saw the "first signs of recovery" in the aviation sector as countries ease coronavirus restrictions and vaccination campaigns continue apace.

Business

Airbus profits take off as deliveries soar

Airbus said Thursday it had bounced back strongly into profit in the first half of the year as aircraft deliveries rose, leading the company to revise its performance forecasts upwards.

Business

Nokia profit substantially up on new operating model, 5G

Wireless network maker and 5G technology provider Nokia reported substantially improved second-quarter profit Thursday, citing the help of its new operating model and booming sales of 5G equipment.

Business

Facebook profits top $10B as its CEO exalts the 'metaverse'

Concerns about a revenue growth slowdown pushed Facebook's shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter profits doubled thanks to a massive increase in advertising ...

Business

China's crackdown on its biggest companies

With market-trembling new rules and investigations, Beijing's crackdown on its most prominent companies has seeped into nearly every aspect of modern life, wiping billions of dollars from Chinese and Hong Kong-listed stocks ...

Business

Nikola founder Milton to face securities fraud charges

The founder and one-time executive chair of Nikola Corp. surrendered Thursday in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors ...

Business

Google delays return to office, mandates vaccines

Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling campuses are fully reopened.