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

What could burst the AI bubble?

Some of the world's biggest tech firms have soared in value over the last year. As AI evolves at pace, there are hopes that it will improve lives in ways that people could never have imagined a decade ago—in sectors as diverse ...

Business

EU grills Apple, Snapchat, YouTube over risks to children

The EU Friday demanded digital giants including Snapchat and YouTube explain how they are protecting children from online harm, as all but two member states signaled openness to restricting social media access for minors.

Internet

Google wants right to bundle Gemini AI app with Maps, YouTube

Alphabet Inc.'s Google wants to retain the right to bundle its popular mapping and video apps with its Gemini AI service, a lawyer for the company told a federal judge Wednesday, pushing back on a Justice Department proposal ...

Business

Musk settles with fired Twitter execs for undisclosed sum

Elon Musk has agreed to pay an undisclosed sum to settle a dispute with four former Twitter executives over their dismissal on the day he acquired the social network, now known as X, a court filing said on Wednesday.

Business

EU wants key sectors to use made-in-Europe AI

The EU on Wednesday told European businesses in critical sectors to ramp up their uptake of artificial intelligence and pushed for the bloc to cut its dependence on foreign AI providers.

Consumer & Gadgets

'Skins gambling'—where gaming meets gambling

In recent years, the line between gaming and gambling has become increasingly blurred. One of the most striking examples of this convergence is the rise of "skins gambling," where players wager virtual items (or "skins") ...

Business

Energy flexibility is reshaping Finland's electricity market

The future of the electricity market may depend less on big power plants and more on everyday choices made at home. Nayeem Rahman's dissertation at the University of Vaasa shows how consumers are gaining influence through ...

Internet

Child protection vs privacy: decision time for EU

Does protecting children justify snooping on private messages? That is the sensitive question facing EU countries Wednesday as they wrangle over a push to combat child sexual abuse material online.