Business news

Business

Musk wants to merge SpaceX and Tesla: Here's what to know

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies.

Business

Shares in this data center company are down 40% as investors lose faith in the AI story

For two decades, data centers were relatively safe, lucrative real estate investments. They attracted investors because they served as digital infrastructure—the essential plumbing that keeps the internet running.

Business

A SpaceX–Tesla megamerger could benefit both companies and Elon Musk's personal fortune

The history of corporate mergers is littered with failure, but investors in Tesla and SpaceX seem to believe Elon Musk can pull off the biggest tie-up of all time.

Business

Judge orders Meta to pay $25 billion to New Mexico in Cambridge Analytica case

A New Mexico judge ruled Wednesday that Meta must pay $25 billion to the state after a jury found last month that the social media giant had deceived users in a case related to the Cambridge Analytica scandal, according to ...

Business

EU probes Booking.com over online fraud risks

The European Union opened an investigation into online travel agent Booking.com on Wednesday over alleged failures to tackle fake listings and phishing scams.

Business

Google Cloud outage hits UK banks

Online services for a number of U.K. banks in and around London were disrupted by a Google Cloud outage Tuesday.

Business

US bans use of China's DeepSeek by government agencies

The U.S. government on Monday ordered its agencies to stop using artificial intelligence tools from Chinese startup DeepSeek, as the countries race for dominance in the fast-moving sector.

Business

Expert examines what drives cryptocurrency returns

Dr. Matt Brigida, SUNY Poly professor of finance and chair of the Department of Accounting and Finance, is exploring the evolving relationship between cryptocurrency and traditional financial markets in his new paper, "Crypto ...

Business

Apple's new watches are always listening

The latest Apple Watch models have some new features: they can listen to the sounds around you all day, transcribe snippets of conversation on demand and write up summaries of everything they heard.

Business

US Senate crypto bill collapses amid partisan deadlock

A push for landmark U.S. cryptocurrency legislation collapsed on Tuesday after Republicans and Democrats in Congress failed to bridge months-old differences over ethics, banking and how the fast-growing industry should be ...

Consumer & Gadgets

New Apple CEO to unveil latest iPhone lineup

Apple is unveiling its latest generation of iPhones, widely expected to include a foldable version, on Wednesday at an event headlined by new CEO John Ternus, who took over from Tim Cook on Sept. 1.

Business

Google unveils 13 billion euro AI expansion in Finland

Google will invest at least 13 billion euros in data centers and other digital infrastructure to power its AI ambitions in Finland, in what the U.S. tech giant called Wednesday its biggest single investment in Europe.