Business news

Business

How can EU battery regulations help improve global sustainability governance in other sectors?

In a new paper, researchers explain how EU battery regulations can help lay the groundwork for a widely shared evidentiary system for global sustainability governance.

Internet

Some of Meta's safety tools were 'designed to fail': Witness

A former employee testified Wednesday that some of Meta's safety tools for Facebook and Instagram were "designed to fail," contradicting the company's defense strategy in a landmark trial in California.

Business

Meta hooked children and misled the public: Prosecutors

Meta hooked and exploited children, a federal court heard Tuesday in the trial of the social media giant on charges that it deliberately made Instagram and Facebook addictive to young users.

Business

China's Baidu, betting on AI, posts fifth straight quarterly revenue drop

Baidu posted a fifth straight drop in quarterly revenue on Tuesday as the Chinese tech giant expressed confidence in its transition to artificial intelligence services to drive long-term growth.

Business

AI creates new jobs in over half of UK firms: Study

Artificial intelligence has created new jobs in more than half of UK firms, according to a study by British bank Lloyds released Tuesday, even as fears about its impact on employment grow.

Business

Twitch sparks gamers' wrath with Amazon AI sharing deal

Livestream gaming giant Twitch has raised hackles among its millions of users after declaring it will share their data with its parent company, Amazon, to better train the online retailer's AI models.

Business

French newspapers target Google over AI summaries

A federation of nearly 300 French newspapers said Tuesday that it filed a complaint with the country's competition authority over Google's new AI-generated search-result summaries, fearing the feature will erode traffic to ...

Internet

EU tells Meta, TikTok to boost monitoring, fact-checking

The EU's tech chief called on Meta and TikTok to "act decisively" to stem disinformation at times of crisis, saying the European Commission held talks with both platforms Friday following last week's Ceuta migrant surge.

Business

Apple and OpenAI escalate legal battle over devices

A legal battle between Apple and OpenAI over the ChatGPT maker's secretive device project escalated this week when the artificial intelligence (AI) developer called the iPhone maker's allegations "baseless" and asked for ...

Business

Will companies ever be run by an AI CEO?

OpenAI's CEO Sam Altman has speculated about how long it will take for artificial intelligence to replace senior leadership teams in organizations. "Shame on me," Altman told the Conversations with Tyler podcast in November ...

Business

Google rolls back new satellite image AI tool after backlash

Google rolled back a new feature Friday allowing Google Earth users to generate AI visualizations on top of the service's satellite imagery, following a furious backlash from researchers and open-source intelligence experts ...

Business

Rethinking how AI supports investment decisions

Artificial intelligence (AI) is rapidly transforming modern finance, powering applications ranging from stock market forecasting to investment advice. But does making more accurate predictions necessarily lead to better investment ...

Internet

Google wants right to bundle Gemini AI app with Maps, YouTube

Alphabet Inc.'s Google wants to retain the right to bundle its popular mapping and video apps with its Gemini AI service, a lawyer for the company told a federal judge Wednesday, pushing back on a Justice Department proposal ...

Business

Musk settles with fired Twitter execs for undisclosed sum

Elon Musk has agreed to pay an undisclosed sum to settle a dispute with four former Twitter executives over their dismissal on the day he acquired the social network, now known as X, a court filing said on Wednesday.

Business

EU wants key sectors to use made-in-Europe AI

The EU on Wednesday told European businesses in critical sectors to ramp up their uptake of artificial intelligence and pushed for the bloc to cut its dependence on foreign AI providers.

Consumer & Gadgets

'Skins gambling'—where gaming meets gambling

In recent years, the line between gaming and gambling has become increasingly blurred. One of the most striking examples of this convergence is the rise of "skins gambling," where players wager virtual items (or "skins") ...

Business

Energy flexibility is reshaping Finland's electricity market

The future of the electricity market may depend less on big power plants and more on everyday choices made at home. Nayeem Rahman's dissertation at the University of Vaasa shows how consumers are gaining influence through ...

Internet

Child protection vs privacy: decision time for EU

Does protecting children justify snooping on private messages? That is the sensitive question facing EU countries Wednesday as they wrangle over a push to combat child sexual abuse material online.

Business

OpenAI offers more copyright control for Sora 2 videos

When OpenAI released its new video generation model Sora 2 last week, users delighted in creating hyper-realistic clips inspired by real cartoons and video games, from South Park to Pokemon.

Internet

Google argues a forced sale of Ad Exchange is too risky

Alphabet Inc.'s Google has spent the past week in Virginia federal court seeking to persuade a judge that selling off its advertising exchange is too risky, technologically difficult and would disrupt the market.