Business news

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

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 ...

Software

Apps get better when developers diversify, study finds

Candy Crush Saga is one of the world's most popular video games, with more than 5 billion downloads. That's partly because gamers can play it anywhere. It offers versions for multiple platforms, including Android, iOS, and ...

Business

Raspberry Pi shares surge in stock market debut

Raspberry Pi, maker of the eponymous budget computer sold worldwide, saw its shares jump Tuesday in their initial public offering (IPO) on the London stock market, sending the company's valuation surging.

Business

Research team takes a deep dive into global mining trends

Mining is at a critical crossroads. The industry must supply more minerals and metals for the energy transition while simultaneously reducing the carbon footprint across its processes. It also must address negative public ...

Business

French tech group Atos picks Onepoint's rescue bid

Struggling French tech group Atos, an Olympics partner and key French defense contractor, said Tuesday it had chosen a financial rescue offer by a consortium led by its top shareholder Onepoint.

Business

Making remanufacturing profitable

Returning end-of-life products to an as-new condition is called remanufacturing and can be an essential element in a circular economy. But for more industrial companies to take an interest in it, remanufacturing must be economically ...