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

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

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

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.

Consumer & Gadgets

US Apple fans get hands on pricey Vision Pro headset

Eager customers lined up outside US Apple stores Friday to nab the first Vision Pro headsets, a $3,499 device that is the tech giant's biggest release since the Apple Watch nine years ago.

Business

Facebook, the social network old-timer, turns 20

Founded 20 years ago as a simple hangout spot for young people, Facebook has since become a battle-hardened behemoth that—despite perceptions of being for boomers and parents—continues growing and growing.