Business news

Business

AI a 'fundamental change in the news ecosystem': Expert

Artificial intelligence is shaking up journalism and in the short term will cause "a fundamental change in the news ecosystem", media expert David Caswell told AFP.

Business

In historic election, Volkswagen workers in Tennessee vote to unionize

Volkswagen workers in Tennessee voted decisively to become a union shop, according to election results released Friday, marking the first victory for organized labor at a foreign-owned auto plant in the American South.

Business

Elon Musk's X fights Australian watchdog over church stabbing posts

Elon Musk's X said Saturday it will fight an Australian watchdog's order to take down content related to the brutal stabbing of a priest during a live-streamed Sydney church service.

Business

South Africa's electricity crisis: A series of failures over 30 years have left a dim legacy

In 1994, apartheid ended and the African National Congress (ANC) won South Africa's first ever democratic elections, promising "Electricity for All" as part of its Reconstruction and Development Program.

Business

Women in tech, AI in focus as Web Summit opens in Rio

The future of artificial intelligence, technology to fight climate change and other glimpses at the cutting edge were in focus Tuesday as mega-tech conference Web Summit opened in Rio de Janeiro.

Business

MGM Resorts sues FTC, agency chair over cyberattack investigation

MGM Resorts International filed a lawsuit April 15 against the Federal Trade Commission and its top officer, Chairwoman Lina M. Khan, claiming the agency violated the company's Fifth Amendment right to due process while investigating ...

Business

Hong Kong conditionally approves first bitcoin and ether ETFs

Hong Kong's securities regulator on Monday granted conditional approval to start the city's first spot-bitcoin and ether exchange-traded funds (ETFs), firms involved said, positioning it as a leader in Asia for the use of ...

Business

OpenAI comes to Asia with new office in Tokyo

ChatGPT creator OpenAI opened a new office in Tokyo on Monday, the first Asian outpost for the groundbreaking tech company as it aims to ramp up its global expansion.

Internet

Meta 'temporarily' closes Threads network in Turkey

Facebook owner Meta said Monday it would "temporarily" shut down its Threads short-messaging service in Turkey after an order from Ankara's competition watchdog over data-sharing.

Business

Lufthansa reports loss, cuts outlook after strikes

German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.

Internet

Google yanks California news sites over proposed law

Google on Friday said it is testing removing links to California news sites for some users in the western US state as legislators mull making the online search giant pay for connecting people to news.

Business

Is the shine coming off Japan's bullet trains?

Just 10 days before the 1964 Tokyo Olympic Games, Japan opened its Tōkaidō Shinkansen, a high-speed rail line connecting Tokyo with Osaka. Shinkansen bullet trains showcased the high quality of Japanese railway technology ...