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.

Business

Apple says halting data protection tool for UK users

Apple said on Friday it was ending full end-to-end encryption for British customers and iPhone users, following US media reports the UK government had asked for global data access.

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

Examining patents to find impact of AI on specific jobs

Artificial intelligence (AI) may reshape many industries, but the impact of the nascent technology on various jobs remains unclear. Daniele Quercia and colleagues used machine learning to investigate itself, by identifying ...

Business

Hydropower industry lost billions to drought over two decades

Hydropower is one of the country's leading sources of clean energy, but extended drought reduces the amount of power these facilities can produce. Without adequate planning, say researchers from The University of Alabama, ...

Business

Union says new Boeing pay offer 'missed the mark'

Union negotiators slammed Boeing's new offer to lift hourly wages for striking workers by 30 percent on Monday, saying it "missed the mark" and won't be voted on by members.

Internet

How Google allegedly monopolized the ad technology market

Google has monopolized the technology used to buy and sell online display ads by restricting or eliminating the choices of its customers—both website publishers and advertisers—the U.S. Justice Department alleged at a ...

Business

Chipmaker Qualcomm to explore takeover of Intel

Qualcomm Inc. has approached Intel Corp. to discuss a potential acquisition of the struggling chipmaker, people with knowledge of the matter said, raising the prospect of one of the biggest-ever M&A deals.

Business

Telegram's Durov announces new crackdown on illegal content

Telegram founder and chief executive Pavel Durov said Monday that the messaging platform had removed more "problematic content", weeks after his arrest in France on charges of failing to act against criminals using the app.

Business

Apple gets EU warning to open up iPhone operating system

Apple Inc. has been warned by the European Union to open up its highly guarded iPhone and iPad operating systems to rival technologies, or eventually risk significant fines under its flagship digital antitrust rules.