Business news

Business

High costs slow widespread use of heat pumps in UK, study shows

The high cost of installing heat pumps for home heating could slow down people widely adopting the technology and leave government targets missed, research suggests. There has been a little to no reduction in the average ...

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

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

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.

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

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

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

Game on: UK campus looks to turbocharge esports

Rows of super-powerful computers fill a classroom in northeast England, their LED-lit keyboards, mice and headsets washing the space in a futuristic blue glow.

Business

EU examines Microsoft investment in OpenAI

The EU, racing to regulate the fast-moving world of artificial intelligence, said Tuesday it has started a preliminary study of Microsoft's multi-billion-dollar investment in ChatGPT developer OpenAI to see if it could be ...

Consumer & Gadgets

Bitcoin: Four reasons why the price could surge in 2024

The year 2023 will be remembered as turbulent for cryptocurrencies, with numerous important developments that ultimately helped to "clean up" the space to potentially make it more attractive to mainstream investors. Notably ...