Business news

Business

Many Verizon customers across the US hit by service outage

Some Verizon customers across the U.S. were hit by a service outage Monday.

Business

Study: Conflicting goals, focus on economic development lead to underperforming streetcar systems

A city's streetcar system can be many things. But it can't be everything. New research from the University of Kansas has found that cities with underperforming streetcar systems often get there by setting too many—and sometimes ...

Business

German antitrust watchdog steps up monitoring of Microsoft

Germany's anti-cartel watchdog said Monday it had placed US tech giant Microsoft under closer surveillance for any possible abuse of its market position.

Business

Satellite service DirecTV buys rival Dish as it fights the onslaught of streaming services

DirecTV is buying Dish and Sling, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant.

Business

California governor vetoes AI safety bill

California Governor Gavin Newsom has vetoed a bill aimed at regulating powerful artificial intelligence models following pushback from tech giants and critics who argued the law went too far.

Business

Epic Games sues Google and Samsung over app store

"Fortnite"-maker Epic Games is suing tech giants Google and Samsung, it announced Monday, accusing them of illegally colluding to block competition on Samsung devices.

Business

UK govt buys semiconductor facility key to defense

The UK government announced on Friday that it had acquired a key semiconductor factory after fears its imminent closure would hamper a crucial supply chain to Britain's armed forces.

Business

OpenAI discusses giving Altman 7% stake in for-profit shift

OpenAI is discussing giving Chief Executive Officer Sam Altman a 7% equity stake in the company and restructuring to become a for-profit business, people familiar with the matter said, a major shift that would mark the first ...

Business

'Broken' news industry faces uncertain future

From disinformation campaigns to soaring skepticism, plummeting trust and economic slumps, the global media landscape has been hit with blow after blow.

Business

EasyJet founder makes life hard for 'brand thieves'

Daring to prefix a company or even a pop group's name with "easy" could land you with legal action, as the founder of British airline easyJet relentlessly tackles alleged trademark breaches.

Business

EU launches probe into TikTok over child protection

The EU on Monday announced a formal investigation into TikTok over alleged breaches of its obligations to protect minors online, under a landmark new law on policing digital content.

Business

OpenAI in deal valuing it at $80 billion: Media

OpenAI has concluded a deal with investors that reportedly values the California start-up at $80 billion or more, after a roller-coaster year for the inventor of ChatGPT.

Business

Q&A: What is the best route to fair AI systems?

In December, the European Union passed the AI Act, the first major law aiming to regulate technologies that fall under the umbrella of artificial intelligence. The legislation might have arrived sooner, but the sudden success ...

Consumer & Gadgets

Q&A: Facebook turns 20—where does it go from here?

Deep down, Facebook is not entirely unlike many brilliant, high-potential 20-year-olds. Its appeal is clear. Its performance is generally very strong, if not outstanding. Yet it's still subject to occasional lapses in judgment ...

Business

Bitcoin's renewed euphoria as price keeps rising

Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals.

Business

Musk fights US state of Delaware after Tesla pay debacle

Elon Musk is on the warpath against Delaware and its powerful business court, moving his SpaceX company out of the eastern US state after a judge struck down his $56 billion compensation package at Tesla.