Business news

Business

EU queries Snapchat, TikTok, YouTube over 'harmful' content risks

The EU voiced concerns about "harmful" content posted on Snapchat, TikTok and YouTube as it told the digital platforms on Wednesday to hand over more information on how their platforms recommend content to users.

Business

Oracle to invest $6.5 bn in Malaysian cloud services region

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centers in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia.

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

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

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.

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

With X's Musk under fire, Biden joins rival Threads

US President Joe Biden on Monday joined Threads, Meta's social media rival to Elon Musk's X, just days after the White House blasted the tech baron for pushing anti-Semitism.

Business

Artificial intelligence in human resource management

A detailed literature review published in the International Journal of Business Innovation and Research has looked at the interplay between artificial intelligence (AI) tools and human resource management (HRM). The review ...