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 ...

Internet

Google argues a forced sale of Ad Exchange is too risky

Alphabet Inc.'s Google has spent the past week in Virginia federal court seeking to persuade a judge that selling off its advertising exchange is too risky, technologically difficult and would disrupt the market.

Business

A bold new blueprint for economically viable solar hydrogen

A review reimagines solar-driven water electrolysis not as a mere hydrogen production technology but instead as a relatively versatile platform for sustainable chemical manufacturing, according to Professor Fatwa F. Abdi ...

Business

Boom or bubble: How long can the AI investment craze last?

The staggering investments in artificial intelligence keep coming: Last week, AI chip giant Nvidia announced it would invest $100 billion to help OpenAI, the frontrunner in generative AI, build data centers.

Business

Using AI to identify sketchy massage parlors

Human trafficking rings are at their most dangerous when they masquerade as legitimate commercial activity. Illicit massage businesses (IMBs) are one of the most common ways in which exploitive networks operate in plain sight.

Business

Dutch warning over 'annoying' chatbots

Dutch authorities told companies and organizations on Thursday they should not rely solely on chatbots to communicate with consumers, describing their use as "one of the biggest annoyances" customers face.

Business

Dynamic database addresses vanadium supply flow

Scientists at PSI have created a dynamic database for vanadium, an important raw material. This metal has enormous potential for the energy transition. Vanadium redox flow batteries (VRFB) can store electricity for longer ...

Business

Meta to use AI chats to personalize ads, content

Meta will begin using people's conversations with its artificial intelligence chatbot to tailor the ads and content they see on Facebook and Instagram, the social media giant announced Wednesday.