Business news

Business

How Elon Musk $97.4 billion bid complicates matters for OpenAI

OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman's push to transform the maker of ChatGPT into a for-profit company.

Business

Google has dropped its promise not to use AI for weapons. It's part of a troubling trend

Last week, Google quietly abandoned a long-standing commitment to not use artificial intelligence (AI) technology in weapons or surveillance. In an update to its AI principles, which were first published in 2018, the tech ...

Business

Legal fight against AI-generated child pornography is complicated. A legal scholar explains why

The city of Lancaster, Pennsylvania, was shaken by revelations in December 2023 that two local teenage boys shared hundreds of nude images of girls in their community over a private chat on the social chat platform Discord. ...

Business

What is Jevons' Paradox? And why it may—or may not—predict AI's future

In 1865, William Stanley Jevons first described a paradox. He maintained that more efficient steam engines would not decrease the use of coal in British factories but would actually increase it. As the fossil fuel became ...

Business

Nokia CEO Lundmark to be replaced by Intel AI chief Hotard

Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centers at US chip-maker Intel.

Business

Elon Musk says has no plans to acquire TikTok's US operations

Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday.

Business

Airbus and Boeing eye India's 'soaring skies'

Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India exhibition from Monday.

Business

Google halts workplace diversity push

Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators.

Business

Q&A: How DeepSeek is changing the AI landscape

On Monday January 27, a little known Chinese start-up called DeepSeek sent shockwaves and panic through Silicon Valley and the global stock market with the launch of their generative artificial intelligence(AI) model that ...

Business

DeepSeek, Nvidia and the AI race that's shaping the future

The AI revolution is well underway and two companies—DeepSeek and Nvidia—stand out among those competing to lead it. Outside the financial world, the story might seem distant—but it really does have consequences for ...

Business

How AI bias shapes everything from hiring to health care

Generative AI tools like ChatGPT, DeepSeek, Google's Gemini and Microsoft's Copilot are transforming industries at a rapid pace. However, as these large language models become less expensive and more widely used for critical ...

Business

How will AI be used in advertising?

The Super Bowl, which will be broadcast on Feb. 9, and will feature the Kansas City Chiefs and the Philadelphia Eagles, is much more than just a major sporting event. It's a way for advertisers to showcase cars, consumer ...

Business

Waymo exec hopeful Trump will boost autonomous driving

A top Waymo executive said Wednesday the United States could lead globally on autonomous driving, expressing hope that a national standard under the incoming Trump administration would boost safety.

Business

Trade war worries loom over Las Vegas tech show

Chinese companies have turned out in force again at this year's Consumer Electronics Show, with their prospects overshadowed by the threat of steeper tariffs from incoming US president Donald Trump.

Business

Airbus boosts plane deliveries in 2024

European plane maker Airbus said Thursday it increased aircraft deliveries to 766 even as the company struggles to return to pre-pandemic production levels.

Business

How bots are driving the climate crisis and how we can solve it

Welcome to the age of the blob internet, a time in which the world wide web is overrun by bots automated to spam us, imitate us and ensure that we are all stuck picking fire hydrants from six different images just to read ...

Business

US tech titans ramp up pressure on EU

Mark Zuckerberg's U-turn on Meta's content rules piles pressure on the EU—already in the crosshairs of Donald Trump ally Elon Musk—to prove it still calls the shots when it comes to Big Tech's behavior in Europe.

Business

Samsung warns fourth-quarter profit to miss forecasts

South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter and miss forecasts as it struggled to meet robust demand for chips used in artificial intelligence ...