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

Pretrained AI detects factory defects using fewer examples, potentially easing costly setup

A University of Dayton statistician and an international team of researchers are showing how artificial intelligence can help factories detect flawed parts without the expensive step that keeps the technology out of reach ...

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

Online search a battleground for AI titans

Tech firms battling for supremacy in artificial intelligence are out to transform how people search the web, challenging the dominance of the Chrome browser at the heart of Google's empire.

Internet

What caused Amazon Web Services to go down? An expert explains

From Reddit and Snapchat to Delta and Zoom, more than a thousand websites around the globe were knocked offline early Monday—and continued to have problems into the afternoon—after a major outage at Amazon Web Services, the ...

Business

AI innovation drops under EU data regulations, researcher says

The European Union's data privacy regulations have reduced artificial intelligence innovation, according to Northeastern University research. The extent of this dampening, however, depends on individual countries' culture, ...