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 ...

Business

Spotify founder steps down from CEO role

Spotify said Tuesday that founder Daniel Ek is stepping down as CEO to become the executive chairman, in an announcement that sent its shares sliding in Tuesday trading.

Business

YouTube to pay $22 million in settlement with Trump

YouTube has agreed to pay $22 million to settle a lawsuit filed by President Donald Trump after the company suspended his account over the January 6, 2021 attack on the Capitol, according to a court filing Monday.

Business

More questions than answers surround Trump's TikTok deal

President Donald Trump insists he has found a solution to keep TikTok alive in the United States through a group of investors who will buy the short-video app from its Chinese owners in accordance with US law.

Business

Multitasking raises risk of phishing, study finds

In the information age, multitasking is often worn as a badge of honor. But according to new research led by Xuecong Lu, assistant professor of information security and digital forensics in UAlbany's Massry School of Business, ...