Business news

Business

AI beats human forecasters in tournament predicting 30 tech ventures

For decades, the idea that artificial intelligence can beat humans at number-crunching tasks like high-frequency trading has been widely accepted. But strategic foresight—the ability to predict the success of high-stakes, ...

Business

Pope Leo XIV compares AI to the Industrial Revolution, as new alternatives to big AI firms take shape

With the release of his encyclical letter Magnifica Humanitas on May 25, 2026, Pope Leo XIV has signaled that he wants the church to respond to artificial intelligence much as a predecessor, Pope Leo XIII, responded to upheavals ...

Business

Workers' information shared with third-party companies, new research reveals

Companies are sharing workers' identifiable information and online activity with third-party companies, including Microsoft, Google and Facebook, using employee monitoring software known as "bossware," new Northeastern University ...

Business

Technology usually creates jobs for young, skilled workers. Will AI do the same?

At any given time, technology does two things to employment: It replaces traditional jobs, and it creates new lines of work. Machines replace farmers, but enable, say, aeronautical engineers to exist. So, if tech creates ...

Business

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

Business

Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that billionaire Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to the ChatGPT startup and ending one of Silicon Valley's most closely watched courtroom ...

Business

Power outages cost US electricity customers billions

Researchers at the Department of Energy's Oak Ridge National Laboratory have provided the first comprehensive analysis of the specific costs of power outages to local customers across the nation. It found that the average ...

Consumer & Gadgets

Gray screens and loading delays cut gaming time by 30%

You know it's time to put your phone down, but your thumb finds "Play Again" once more. In an age where digital entertainment never sleeps, willpower alone isn't enough. As more players, especially the younger generations, ...

Business

When will the price be right for green hydrogen in New Zealand?

Green hydrogen could help cut New Zealand's industrial emissions, but University of Auckland modeling suggests it's unlikely to make a dent by 2050, with electrification doing most of the heavy lifting. This is mainly due ...

Business

Michael Caine's voice is iconic: Why would he sell that to AI?

Few actors are imitated as often as Michael Caine. Even Michael Caine has imitated Michael Caine. His voice has been used in birthday card greetings and been the source of jokes in various comedy sketches. It is synonymous ...

Business

Understanding the data center building boom

As artificial intelligence (AI) drives explosive growth in data centers, communities across the U.S. are facing rising electricity costs, new industrial development, and mounting strain on an aging power grid.

Consumer & Gadgets

AirDrop is coming to Android phones

The cell phone world is divided into two camps—iPhone users and Android users. Apple curates new features for iOS and Google develops for Android, and they likely don't spend a ton of time worrying about how their phones ...

Business

YouTube exec says goal was viewer value not addiction

A landmark social media addiction trial resumed Monday with a YouTube executive insisting that the Google-owned company's aim was to give people value, not hook them on harmful binge-viewing.