Business news
Business
Historic funding round values OpenAI at $157 billion
New funding propelled ChatGPT-maker OpenAI to a valuation of $157 billion, the company said on Wednesday, sealing its place as the world leader on artificial intelligence.
9 hours ago
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Business
Do NFTs create value in games? There are at least three ways to look at it
When blockchain is introduced into video gaming, the economy and sometimes the entire design of such games focus on artificial scarcity and ownership of game items. However, this approach overlooks some of the most important ...
7 hours ago
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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.
13 hours ago
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Sidewalk robots are teaming with drones for Dallas food deliveries
Sidewalk robots are set to help some of their airborne counterparts with deliveries in Dallas under an agreement between key players in the industry.
14 hours ago
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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.
19 hours ago
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Business
Using artificial intelligence to reduce risks to critical mineral supply
Australia risks losing its world-leading advantage in critical and rare minerals used for clean energy, electric vehicles and batteries for solar energy, unless it embraces artificial intelligence in the mining sector, according ...
Oct 1, 2024
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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 ...
Oct 1, 2024
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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.
Oct 1, 2024
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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 ...
Oct 1, 2024
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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.
Oct 1, 2024
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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 ...
Oct 1, 2024
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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.
Oct 1, 2024
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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.
Oct 1, 2024
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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 ...
Oct 1, 2024
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Business
European airlines extend suspension of Middle East flights
Top European airlines Lufthansa, KLM and Swiss on Tuesday announced that they were extending their suspension of flights to the Middle East, as tensions spiral throughout the region.
Oct 1, 2024
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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.
Oct 1, 2024
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Business
Meta says to produce virtual reality headsets in Vietnam
Facebook parent Meta will produce its next-generation virtual and augmented reality headsets in Vietnam, creating more than 1,000 jobs, the company said Tuesday.
Oct 1, 2024
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Business
Qatar Airways seeking 25% stake in Virgin Australia
Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal that could shake up Australia's Qantas-dominated market.
Oct 1, 2024
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Business
Many Verizon customers across the US hit by service outage
Some Verizon customers across the U.S. were hit by a service outage Monday.
Sep 30, 2024
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Business
Study: Conflicting goals, focus on economic development lead to underperforming streetcar systems
A city's streetcar system can be many things. But it can't be everything. New research from the University of Kansas has found that cities with underperforming streetcar systems often get there by setting too many—and sometimes ...
Sep 30, 2024
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Business
Q&A: Professor discusses the risks international organizations face with AI and data protection
Policymakers across the globe are grappling with the vast implications of advances in artificial intelligence technology, including how these tools will be used by international organizations.
Sep 30, 2024
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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, ...
Sep 30, 2024
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Business
Study warns of $557 trillion in stranded assets by 2050 if fossil fuel investments continue
Continued investment in carbon-intensive industries will drastically increase the amount of "stranded assets" as the world moves to net-zero emissions, researchers warn.
Sep 30, 2024
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