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Business

AI beats human forecasters in tournament predicting 30 tech ventures

For decades, the idea that artificial intelligence can beat humans at number-crunching tasks like high-frequency trading has been widely accepted. But strategic foresight—the ability to predict the success of high-stakes, ...

Business

Quantifying forks in Bitcoin mining—and their energy cost

Creating new cryptocurrency requires large amounts of computing power, which is used to solve cryptographic puzzles in what is known as proof-of-work mining. When two computers attempt to solve the same puzzle, the first ...

Business

Workers' information shared with third-party companies, new research reveals

Companies are sharing workers' identifiable information and online activity with third-party companies, including Microsoft, Google and Facebook, using employee monitoring software known as "bossware," new Northeastern University ...

Business

Technology usually creates jobs for young, skilled workers. Will AI do the same?

At any given time, technology does two things to employment: It replaces traditional jobs, and it creates new lines of work. Machines replace farmers, but enable, say, aeronautical engineers to exist. So, if tech creates ...

Business

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

Business

Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that billionaire Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to the ChatGPT startup and ending one of Silicon Valley's most closely watched courtroom ...

Business

Google Flights now lets you filter out basic economy

It happens all the time: You found a great deal on Google Flights, only to click the link and realize that it's a basic economy fare. That means a hefty surcharge for regular economy, with such arguable must-haves as seat ...

Business

Need a pee? Japan has QR code for that

Japanese toilet giant TOTO has launched a service allowing those caught short in public to locate the nearest washrooms and see how busy they are real-time with a phone and QR code.

Business

'Resident Evil' makers marvel at 'miracle' longevity

When zombie-blasting survival game "Resident Evil" launched on the very first PlayStation console in 1996, Japanese publishers Capcom never thought the series would reach tens of millions of people or endure for three decades.