Business news

Business

AI probably isn't the big smartphone selling point that Apple and other tech giants think it is

As is their tradition at this time of year, Apple announced a new line of iPhones last week. The promised centerpiece that would make us want to buy these new devices was AI—or Apple Intelligence, as they branded it. Yet ...

Business

Sony's PlayStation Network suffers hourslong outage, irking videogamers

Sony's PlayStation Network went down for hours on Tuesday, frustrating gamers around the world who complained they weren't able to sign in to their accounts.

Business

California enacts law to protect brain data

A new California law extends consumer privacy protection to brainwave data gathered by implants or wearable devices.

Business

Google to invest $1 billion in Thailand

Google plans to invest $1 billion to build digital infrastructure in Thailand, including a new data center, the US tech giant has announced, saying the move would support 14,000 jobs in the kingdom.

Consumer & Gadgets

Will Meta's Orion smart glasses be the next 'iPhone moment'?

Meta supremo Mark Zuckerberg unveiled Orion smart glasses, a new augmented reality (AR) prototype, at the annual Meta Connect developer conference. Ten years in the making, and still not expected on high streets until 2027, ...

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

Ericsson sees 'further' market decline after 2023 loss

Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.

Business

EU probes Lufthansa's proposed buy of ITA stake

The EU's powerful antitrust authority opened an in-depth investigation on Tuesday into German airline Lufthansa's proposed stake in Italy's ITA Airways, over fears it could hurt competition.

Business

Amazon's French warehouses fined over employee surveillance

France's data protection agency said Tuesday that it had fined Amazon's French warehouses unit 32 million euros ($34.9 million) for an "excessively intrusive" surveillance system to keep track of staff performance.

Business

Sony 'terminates' Indian merger with Zee

Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world's most populous nation.

Business

Apple loosens grip on iPhone apps—with a catch

After a years-long legal battle, Apple says it will begin allowing iPhone app developers to use alternative payment systems—but they will still have to pay fees and meet various conditions.