Business news

Business

Renewable energy is more cost effective than direct air capture at reducing carbon, study finds

The case for investing in direct air capture weakens substantially once it is directly compared against solar and wind, according to an analysis published in Communications Sustainability. The paper is titled "Direct air ...

Business

Amazon to ship stuff for any business, not just its own merchants

Amazon announced Monday it is opening up its massive shipping and delivery network to any business that wants to use it—not just the merchants who sell on Amazon's website.

Business

Australia's next showdown with tech giants could reshape who pays to keep news alive

With the release this week of the government's News Bargaining Incentive, it's worth reconsidering the origins and achievements of its predecessor, the News Media Bargaining Code.

Business

Collective intelligence framework shows how human-AI teams may make better decisions

As artificial intelligence (AI) becomes embedded in critical decisions about health, safety, finance, and governance, a key challenge is no longer whether people and AI will collaborate, but rather how to structure this collaboration ...

Business

Agentic AI threatens research funding system

In a new analysis, two UCL researchers argue that the present system used to allocate billions in research funding was designed for a world without AI agents and may no longer be fit for that purpose.

Business

EU tells Google to open Android to AI rivals

The EU on Monday laid out measures it wants Google to take to open up its operating system to rival AI services, in a move slammed by the US tech giant.

Business

'Clearly me': AI drama accused of stealing faces

Christine Li is a model and influencer, but not an actor, so when she saw herself playing a cruel character in a Chinese microdrama she felt bewildered, then angry and afraid.

Internet

Australia to ban under-16s from YouTube

Australia will use landmark social media laws to ban children under 16 from video-streaming site YouTube, a top minister said Wednesday stressing the need to shield them from "predatory algorithms."

Business

'Marathon at F1 speed': China bids to lap US in AI leadership

Beyond dancing robots and eager-to-help digital avatars, Shanghai's World AI Conference saw China stake its claim to global artificial intelligence leadership and frame itself as a clear alternative to the United States.

Business

Stablecoins inspire hope, and hype, in Hong Kong

Stablecoin excitement has gripped Hong Kong as the city prepares to launch a licensing system for the less volatile type of cryptocurrency, but authorities warn against overplaying its future role in financial systems.

Business

Palantir, the AI giant that preaches US dominance

Palantir, an American data analysis and artificial intelligence company, has emerged as Silicon Valley's latest tech darling—one that makes no secret of its macho, America-first ethos now ascendant in Trump-era tech culture.

Business

Spotify sees 12% rise in paid subscribers

Spotify saw paying subscribers rise 12% to 276 million customers in the second quarter of 2025, the world's top music streaming service said on Tuesday, though profits fell below expectations.

Business

Spain competition watchdog expands probe into Apple

Spain's competition watchdog said Tuesday that it had broadened a probe opened last year into the conditions Apple imposes on developers of mobile applications sold on its App Store.

Business

India's TCS to cut 12,000 jobs

Indian IT giant Tata Consultancy Services said Sunday it will cut around 2% of its global workforce, or about 12,000 jobs, as demand contracts in the sector it leads.

Business

Amazon shuts down Shanghai AI lab: source

US tech giant Amazon has shut down its artificial intelligence research lab in Shanghai, a source with direct knowledge of the matter confirmed to AFP.