Business news

Business

Apple CEO says AI boom makes price increases 'unavoidable'

Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase the prices of its products, according to an interview with The Wall Street Journal ...

Business

Humanizing robots makes factory workers more productive

When factory workers treat industrial robots as co-workers—even attributing certain human qualities to them—productivity and well-being improve, according to new research out of the Alberta School of Business.

Business

Gulf Coast coal holds billions in critical minerals, but the economics are tricky

Researchers from The University of Texas at Austin have found that there is a significant amount of rare earth elements trapped in the coal and coal ash supply of the Gulf Coast—with a total value of more than $187 billion.

Business

Microsoft launches AI agent with pay-as-you-go pricing

Microsoft is changing how it charges for its software for the first time in two decades, moving to bill customers with a pay-as-you-go model each time they use its new AI agent.

Business

EU rejects Apple blame for delayed Siri AI rollout

The EU on Tuesday rejected Apple's blame for the delayed rollout of its AI-enhanced voice assistant, saying it was up to the U.S. giant to make products that follow the rules.

Business

How do jet fuel changes actually affect airfares?

As concerns grow over global fuel supplies and the cost of flying, new research from the University of Adelaide shows the relationship between jet fuel prices and airfares is not as simple as passengers might think. The study ...

Consumer & Gadgets

Apple tries again on AI, turns to Google for help

Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled in its first attempt.

Consumer & Gadgets

Do TV ads work? Ask smart TVs

Despite the hype about streaming services, traditional broadcast television still dominates advertising dollars. This year, advertisers will spend $139 billion on "linear" TV—where viewers watch programs at scheduled times—compared ...

Business

Microsoft business software faces UK competition probe

Britain's competition watchdog announced plans on Tuesday to launch an investigation into Microsoft's business software systems, under new measures targeting the dominance of technology giants.

Consumer & Gadgets

Apple at 50: Eight technology leaps that changed our world

In the early 1970s, the idea of an ordinary person owning a computer sounded absurd. Computers back then were more like aircraft carriers or nuclear power plants than household appliances—vast machines housed in data centers ...

Business

At 50, Apple confronts its next big challenge: AI

Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can deliver yet another culture-changing innovation.

Business

Widespread AI adoption masks deeper problem, study shows

Irrespective of the ethics and the apocalyptic predictions, artificial intelligence (AI) has already become a central component of economic and institutional decision-making. Research in the International Journal of Intelligent ...