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.

Consumer & Gadgets

For push promotions, timing is everything: How brick-and-mortar retailers can compete with Amazon

You're leaving the office, when your phone dings. A nearby store is having a sale on a smartwatch, and an app displays a coupon for 20% off. You head right over.

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

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

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

EU court trims Qualcomm fine to 238.7 mn euros

An EU court on Wednesday largely upheld an antitrust fine against US chipmaking giant Qualcomm but reduced the penalty slightly to 238.7 million euros ($265 million).

Business

Boeing not taking strike talks seriously, union says

The union for striking Boeing workers said Tuesday the aviation giant was not "taking mediation seriously," after some 33,000 US employees walked out last week over a contract dispute, effectively shutting down two Seattle-area ...

Consumer & Gadgets

Meta, Ray-Ban maker extend smart glasses partnership

Ray-Ban maker EssilorLuxottica said Tuesday that it extended a partnership with Facebook and Instagram owner Meta to develop smart-eyewear products after producing glasses that let users make calls, capture images and listen ...

Business

How AI can help stop the spread of misinformation

Machine learning algorithms significantly outperform human judgment in detecting lying during high-stakes strategic interactions, according to new research from the University of California San Diego's Rady School of Management.