Business news

Business

Understanding ammonia energy's tradeoffs around the world

Many people are optimistic about ammonia's potential as an energy source and carrier of hydrogen, and though large-scale adoption would require major changes to the way it is currently manufactured, ammonia does have a number ...

Business

Musk vs OpenAI trial set for April 27

A trial in the lawsuit brought by Elon Musk against OpenAI CEO Samuel Altman and other defendants—including tech giant Microsoft—is scheduled to begin April 27, according to a federal court order issued Tuesday.

Business

Pentagon is embracing Musk's Grok AI chatbot as it draws global outcry

Defense Secretary Pete Hegseth said Monday that Elon Musk's artificial intelligence chatbot Grok will join Google's generative AI engine in operating inside the Pentagon network, as part of a broader push to feed as much ...

Consumer & Gadgets

10-inch folding phones are coming: Is their market ready to expand?

What if you could put a 10-inch tablet in your pocket as easily as your smartphone?

Internet

Meta urges Australia to change teen social media ban

Tech giant Meta urged Australia on Monday to rethink its world-first social media ban for under-16s, while reporting that it has blocked more than 544,000 accounts under the new law.

Business

Zuckerberg names banker, ex-Trump advisor as Meta president

Meta on Monday appointed banker Dina Powell McCormick as president and vice chairman, tapping a former member of the Trump administration to help steer the technology giant's massive AI infrastructure expansion.

Business

Elon Musk's xAI to build $20 billion data center in Mississippi

Elon Musk's artificial intelligence company xAI is set to spend $20 billion to build a data center in Southaven, Mississippi, Gov. Tate Reeves announced Thursday, calling it the largest private investment in the state's history.

Business

Startups go public in litmus test for Chinese AI

Leading Chinese artificial intelligence startup Zhipu AI soared as it went public in Hong Kong on Thursday, a day before rival MiniMax also makes its market debut in a litmus test for the country's rapidly developing sector.

Business

What will 2026 look like for the UK's electric vehicle market?

In the UK, as in many other countries, the shift towards electric vehicles (EVs) has been rapid. Incentives, increased choice and some positive PR took the electric car sales to nearly 500,000 vehicles in 2025—around 24% ...

Business

TikTok fuels ByteDance revenue as US ban looms: report

TikTok's international revenue boomed last year as China-based parent ByteDance faced a deadline to sell the app or have it banned in the United States, The Information reported on Thursday.

Business

US takes aim at Zuckerberg's social media kingdom

Barring any eleventh-hour intervention, social media juggernaut Meta will stand trial next week facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could ...

Business

Author of explosive Meta memoir to star at US Senate hearing

The former Facebook employee behind a scathing book about parent company Meta will testify Wednesday before US senators keen to establish whether the social networking giant ever collaborated with the Chinese government.

Business

New app hopes to empower artists against AI

In 2008, scriptwriter Ed Bennett-Coles said he experienced a career "death moment": he read an article about AI managing to write its first screenplay.