Business news

Business

Congress is trying to force carmakers to keep AM radio—how this could be an opportunity to correct past mistakes

A lament about the demise of AM radio has been rising in the halls of Congress.

Business

Happy, sad or angry? AI can detect emotions in text according to new research

Artificial intelligence (AI) has begun to permeate many facets of the human experience. AI is not just a tool for analyzing data—it's transforming the way we communicate, work and live. From ChatGPT through to AI video ...

Business

Tech industry urges G7 to unify cloud security standards

A leading tech industry group on Tuesday called on G7 nations to harmonize cloud security certification across the world's richest nations, in an effort to stoke cooperation and counter calls that data should stay within ...

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.

Business

US fund to buy German energy firm Techem for 6.7 bn euros

US private equity firm TPG said Tuesday it planned to buy German metering company Techem for 6.7 billion euros ($7.4 billion), highlighting the growing interest in energy efficiency solutions for the buildings sector.

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

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

Adecco chief says AI will create new jobs

Artificial intelligence raises serious concerns for jobs but it will also create new positions, the head of Adecco, the world's biggest temporary staffing agency, told AFP.

Business

EU's competition czar warns tech giants on new rulebook

The European Union's competition czar Margrethe Vestager on Friday said US tech giants will have to strictly abide by the bloc's new rules on how they do business when they come into force in two months.

Business

Venezuela kills off petro cryptocurrency

Venezuela is putting an end to the petro cryptocurrency that President Nicolas Maduro launched six years ago to sidestep US sanctions, but which never took off and became embroiled in a graft scandal.

Business

Delta reports profit jump but lowers earnings forecast

Delta Air Lines saw its profits more than double in the fourth quarter last year, helped by strong travel demand, even as it trimmed its earnings expectations for 2024, the US carrier said Friday.

Business

Google awaits EU legal opinion on 2.4-bn-euro fine

The Advocate General of the European Court of Justice will on Thursday publish a long-awaited opinion on a contested 2.4-billion-euro ($2.6-billion) fine that Brussels slapped on Google for anti-competitive practices.

Consumer & Gadgets

Business trumps politics for Chinese companies at CES

Xiaoyu Fan smiled as she looked around a bustling China Pavilion at the Consumer Electronics Show Wednesday as gadgets like bladeless fans were displayed and deals were being made.

Business

Taiwan prepares for cyber D-Day in China invasion scenarios

Millions of people offline, banks knocked out and the world's most advanced semiconductor industry paralyzed—Taiwan's doomsday scenario includes not just invading Chinese troops but also a wave of attacks against its cyber ...