Business news

Business

Snapchat pushes 'safer' platform image, but not everyone agrees

Snapchat, the popular teen-focused social network, is positioning itself as a healthier alternative to platforms like Instagram and TikTok, which have faced criticism for their impact on youth mental health. However, not ...

Internet

Why is the internet overflowing with rubbish ads—and what can we do about it?

It is difficult to spend any time on the internet these days without being inundated with advertisements.

Business

EU court trims Qualcomm fine to 238.7 mn euros

An EU court on Wednesday largely upheld an antitrust fine against US chipmaking giant Qualcomm but reduced the penalty slightly to 238.7 million euros ($265 million).

Business

Google to invest in satellites and AI to better detect wildfires

Amid an outbreak of recent wildfires in California, Google announced a commitment to spend $13 million to improve satellite imaging to help track and detect wildfires, starting as early as next year.

Business

Boeing not taking strike talks seriously, union says

The union for striking Boeing workers said Tuesday the aviation giant was not "taking mediation seriously," after some 33,000 US employees walked out last week over a contract dispute, effectively shutting down two Seattle-area ...

Business

How AI can help stop the spread of misinformation

Machine learning algorithms significantly outperform human judgment in detecting lying during high-stakes strategic interactions, according to new research from the University of California San Diego's Rady School of Management.

Business

Boeing, union resume talks as strike empties Seattle plants

Negotiators from Boeing and the machinists union representing its workers resumed talks Tuesday after some 33,000 employees went on strike late last week, effectively shutting down two Seattle-area factories.

Consumer & Gadgets

Meta, Ray-Ban maker extend smart glasses partnership

Ray-Ban maker EssilorLuxottica said Tuesday that it extended a partnership with Facebook and Instagram owner Meta to develop smart-eyewear products after producing glasses that let users make calls, capture images and listen ...

Internet

Brazil judge threatens to suspend X within 24 hours

Brazil's Supreme Court threatened on Wednesday to suspend social media platform X unless billionaire owner Elon Musk names a new legal representative for the company within 24 hours.

Business

Telegram boss Durov charged, banned from leaving France

France on Wednesday charged Pavel Durov, the founder and chief of Telegram, with a litany of violations related to the messaging app and banned him from leaving the country while allowing the billionaire to walk free after ...

Business

Telegram founder set to learn fate after France arrest

Pavel Durov, the founder and chief of Telegram, is set to learn Wednesday whether he will face charges and even be remanded in custody after his weekend arrest by French authorities over alleged violations at the messaging ...

Business

Chinese EV giant BYD posts 24.4% rise in profit

Leading Chinese automaker BYD posted on Wednesday a 24.4 percent rise in net profit for the first half of 2024, boosted by continuing strong demand for electric cars in its home and overseas markets.

Business

Tokyo-Yokohama still world's top science-tech cluster: UN

Tokyo-Yokohama remains the world's largest science and technology cluster in 2024, though clusters in middle-income economies are seeing the fastest growth in the innovation sector, the United Nations said Tuesday.