Business news

Business

Get ready for mobile 'stores on wheels.' Research shows they can outperform traditional retail stores

As retailers increasingly embrace artificial intelligence (AI), robotics and autonomous vehicles, a new retail model is beginning to emerge: mobile stores that drive directly to customers instead of waiting for customers ...

Business

What the OpenAI-hugging face breach reveals about AI governance failures

A series of recent AI security lapses—including the OpenAI–Hugging Face breach—is raising a fundamental question: Can tech companies safely govern the powerful AI systems they build, or is stronger outside oversight now essential?

Business

Human remixes pay creatives, AI just pays shareholders

Generative AI is built on the work of humans, but these creatives are rarely paid. If we don't protect them now, entire categories of labor risk being obliterated.

Business

Review investigates effects of automation on the mining industry in South Africa

South Africa's mining industry risks increased inequality through the adoption of fourth industrial revolution technologies unless automation is matched by stronger governance and workforce support, according to a review ...

Business

EU accepts X's plan to fix digital content violations

The European Union announced Wednesday that it had accepted a plan by Elon Musk's X social media platform to correct digital-content violations that led to a 120 million euros ($138 million) fine.

Business

PayPal shares jump on reported $53 bn Stripe takeover bid

Shares in PayPal surged as much as 13% on Wall Street Wednesday after reports that payments firm Stripe and private equity group Advent International had made a joint offer to buy the digital payments pioneer.

Business

Meta employees allege discriminatory AI-driven layoffs

Twenty-six Meta employees have filed a lawsuit accusing the tech giant of using artificial intelligence to select workers for mass layoffs, a claim strongly denied by the trillion-dollar company.

Business

IBM shares plunge 25% as AI spending boom disrupts business

IBM shares plunged 25% Tuesday after the U.S. tech giant released disappointing preliminary second-quarter results, blaming a shift in customer spending because of expected higher prices for memory chips and other AI-related ...

Business

OpenAI number two Simo steps down to focus on health

Top Silicon Valley executive Fidji Simo announced Wednesday she is leaving her full-time role at OpenAI to go part time as an adviser and focus on recovery from a chronic illness.

Business

AI's big productivity boost? It's happening from the sofa

A new study by SIEPR's Michael Blank is among the first to examine an overlooked effect of generative AI: it's significantly boosting how much people get done at home. Barely a day goes by when there isn't a story about generative ...

Consumer & Gadgets

Why are communities pushing back against data centers?

Data centers, which house computer systems that help train AI models, are blanketing the country, a boom fueled by surging interest in AI and state tax breaks. More than 4,000 are already in operation, mostly in Virginia, ...

Business

Online viewers prefer livestreams to recordings

In an era when most TikTok videos are prerecorded, can a band with a new single create a tighter bond with fans by debuting via livestream instead? Can a business do the same when promoting a new product?

Business

Your brain for sale? The new frontier of neural data

Your browsing history, your location, your political preferences. For years, tech companies have found ways to turn personal data into profit. Now, a new and far more intimate frontier is opening: the electrical signals produced ...

Business

Researchers expose fossil fuel companies' communications facade

Fossil fuel companies say that they want to be on the front lines of renewable energy, with advertisements, social media, and even their own shareholder corporate reports espousing their commitment to green energy and combating ...