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Business

UK govt buys semiconductor facility key to defense

The UK government announced on Friday that it had acquired a key semiconductor factory after fears its imminent closure would hamper a crucial supply chain to Britain's armed forces.

Business

Boeing strike grinds on as latest talks fail to reach agreement

The union for striking Boeing workers said Friday that talks with the aviation giant "broke off" without agreement, after some 33,000 US employees walked out this month.

Business

Meta hit with $102 million privacy fine from European Union over 2019 password security lapse

Meta was punished Friday with a fine worth more than $100 million from the social media giant's European Union privacy regulator over a security lapse involving passwords for Facebook users.

Business

X says complied with Brazil court orders, should be reinstated: source

Elon Musk's X social media platform has complied with orders from Brazil's Supreme Court and is asking for its suspension in the country to be lifted, a source close to the case told AFP on Thursday.

Business

OpenAI discusses giving Altman 7% stake in for-profit shift

OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business, people familiar with the matter said, a major shift that would mark the first ...

Business

EasyJet founder makes life hard for 'brand thieves'

Daring to prefix a company or even a pop group's name with "easy" could land you with legal action, as the founder of British airline easyJet relentlessly tackles alleged trademark breaches.

Business

'Broken' news industry faces uncertain future

From disinformation campaigns to soaring skepticism, plummeting trust and economic slumps, the global media landscape has been hit with blow after blow.

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

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

Amazon pledges $230 mn to boost generative AI startups

Cloud computing giant Amazon Web Services on Thursday announced a $230 million commitment aimed at accelerating the development of generative artificial intelligence applications by startups worldwide.

Business

France makes 700-mn-euro offer for Atos security units

Debt-laden tech group Atos said Friday the French state has made a 700-million-euro bid for its most sensitive businesses, including cybersecurity and supercomputers used for the country's nuclear deterrent.

Business

Boeing to check undelivered 787s due to fastener issue

Boeing said Thursday it is examining fasteners on some undelivered 787 jets after discovering problems with their installation in the latest manufacturing shortcoming to face the company.

Business

Extending smartphone lifetimes: How we can cut emissions in half

Around 20 million smartphones are sold in Germany every year, as Bitkom recently reported—a heavy burden on the environment and climate: Information and communication technologies are responsible for around 8% of Germany's ...

Business

Boeing faces deadline to rebut possible US prosecution

Boeing faces a Thursday deadline to respond to a US Department of Justice determination that the planemaker can be prosecuted for violating a 2021 deal that allowed it to escape criminal prosecution over two fatal 737 MAX ...

Business

Exploring the impact of AI on socioeconomic inequalities

An interdisciplinary review of how generative artificial intelligence (AI) may change work, education, health care, information, and misinformation focuses on the technology's potential impacts on social equality.