Business news

Business

How can EU battery regulations help improve global sustainability governance in other sectors?

In a new paper, researchers explain how EU battery regulations can help lay the groundwork for a widely shared evidentiary system for global sustainability governance.

Internet

Some of Meta's safety tools were 'designed to fail': Witness

A former employee testified Wednesday that some of Meta's safety tools for Facebook and Instagram were "designed to fail," contradicting the company's defense strategy in a landmark trial in California.

Business

Meta hooked children and misled the public: Prosecutors

Meta hooked and exploited children, a federal court heard Tuesday in the trial of the social media giant on charges that it deliberately made Instagram and Facebook addictive to young users.

Business

China's Baidu, betting on AI, posts fifth straight quarterly revenue drop

Baidu posted a fifth straight drop in quarterly revenue on Tuesday as the Chinese tech giant expressed confidence in its transition to artificial intelligence services to drive long-term growth.

Business

AI creates new jobs in over half of UK firms: Study

Artificial intelligence has created new jobs in more than half of UK firms, according to a study by British bank Lloyds released Tuesday, even as fears about its impact on employment grow.

Business

Twitch sparks gamers' wrath with Amazon AI sharing deal

Livestream gaming giant Twitch has raised hackles among its millions of users after declaring it will share their data with its parent company, Amazon, to better train the online retailer's AI models.

Business

French newspapers target Google over AI summaries

A federation of nearly 300 French newspapers said Tuesday that it filed a complaint with the country's competition authority over Google's new AI-generated search-result summaries, fearing the feature will erode traffic to ...

Internet

EU tells Meta, TikTok to boost monitoring, fact-checking

The EU's tech chief called on Meta and TikTok to "act decisively" to stem disinformation at times of crisis, saying the European Commission held talks with both platforms Friday following last week's Ceuta migrant surge.

Business

Apple and OpenAI escalate legal battle over devices

A legal battle between Apple and OpenAI over the ChatGPT maker's secretive device project escalated this week when the artificial intelligence (AI) developer called the iPhone maker's allegations "baseless" and asked for ...

Business

Will companies ever be run by an AI CEO?

OpenAI's CEO Sam Altman has speculated about how long it will take for artificial intelligence to replace senior leadership teams in organizations. "Shame on me," Altman told the Conversations with Tyler podcast in November ...

Business

Google rolls back new satellite image AI tool after backlash

Google rolled back a new feature Friday allowing Google Earth users to generate AI visualizations on top of the service's satellite imagery, following a furious backlash from researchers and open-source intelligence experts ...

Business

Rethinking how AI supports investment decisions

Artificial intelligence (AI) is rapidly transforming modern finance, powering applications ranging from stock market forecasting to investment advice. But does making more accurate predictions necessarily lead to better investment ...

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.