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

UK imposes rules targeting Google search fairness

Britain's competition watchdog introduced new rules Wednesday requiring Google to be fairer and more transparent in how it ranks search results, as part of moves tackling the technology giant's dominance.

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

How Apple's new low-cost MacBook Neo may shake up the market

With a price tag of $600—$500 with a student discount—Apple's new MacBook Neo releasing today is shaking up the entry-level PC market and education sector, competing squarely with similarly priced Windows laptops and Chromebooks.

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 ...