Business news

Business

How digital platforms are turning us into 'data subjects'

Every day, billions of people rely on technologies from Google, Meta, Microsoft, Amazon and Apple to navigate the world. We use them to communicate, work, shop, find information and stay entertained. But, according to media ...

Business

Grand Theft Auto VI presales to begin next week

Pre-sales of Grand Theft Auto VI, the feverishly anticipated video game release, will begin June 25, Rockstar Games said Thursday.

Business

DeepSeek valued at more than $50 bn after funding round: reports

Investors have valued Chinese artificial intelligence startup DeepSeek at more than $50 billion in the company's first fundraising round, reports said.

Business

Sovereignty fears dog AI enthusiasm at France's Vivatech

Europe's biggest tech trade fair VivaTech opened its doors Wednesday in Paris, putting American billionaire Jeff Bezos front and center on its guest list as enthusiasm for generative AI rubs shoulders with anxiety about the ...

Business

EU rejects Apple blame for delayed Siri AI rollout

The EU on Tuesday rejected Apple's blame for the delayed rollout of its AI-enhanced voice assistant, saying it was up to the U.S. giant to make products that follow the rules.

Business

How do jet fuel changes actually affect airfares?

As concerns grow over global fuel supplies and the cost of flying, new research from the University of Adelaide shows the relationship between jet fuel prices and airfares is not as simple as passengers might think. The study ...

Consumer & Gadgets

Apple tries again on AI, turns to Google for help

Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled in its first attempt.

Business

Investments rise in data, AI, outpacing physical assets: UN

The purchase of physical assets was eclipsed last year by a surge in investment in intangible items like software, data and AI, the UN said Wednesday, describing a "fundamental shift in how economies grow and compete."

Business

X chief Yaccarino steps down after two years

Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company.

Business

AI video becomes more convincing, rattling creative industry

Gone are the days of six-fingered hands or distorted faces—AI-generated video is becoming increasingly convincing, attracting Hollywood, artists, and advertisers, while shaking the foundations of the creative industry.

Business

'We're AI,' popular indie rock band admits

An indie rock band with more than a million monthly listeners on Spotify has owned up to being an AI-generated music project following days of speculation about whether the group was real.

Business

Power paradox: Why wind energy could face an economic squeeze

Wind is doing a better job of displacing carbon from the electricity grid than it gets credit for, according to a recent mechanical engineering master's graduate whose economics-steeped thesis makes the case that wind power ...

Business

Apple appeals 500-mn-euro EU fine

Apple filed an appeal on Monday against a 500-million-euro fine imposed by the EU and accused Brussels of forcing the US tech giant to make changes that are "bad" for users.

Business

European companies urge EU to delay AI rules

Dozens of Europe's biggest companies urged the EU to hit the pause button on its landmark AI rules on Thursday, warning that going too fast could harm the bloc's ability to lead in the global AI race.

Business

Meta says will appeal 'unlawful' EU fine

Facebook owner Meta said it will appeal a 200-million-euro fine slapped on it by the EU after the bloc accused the company of breaking digital competition rules.