Business news

Business

AI beats human forecasters in tournament predicting 30 tech ventures

For decades, the idea that artificial intelligence can beat humans at number-crunching tasks like high-frequency trading has been widely accepted. But strategic foresight—the ability to predict the success of high-stakes, ...

Business

Pope Leo XIV compares AI to the Industrial Revolution, as new alternatives to big AI firms take shape

With the release of his encyclical letter Magnifica Humanitas on May 25, 2026, Pope Leo XIV has signaled that he wants the church to respond to artificial intelligence much as a predecessor, Pope Leo XIII, responded to upheavals ...

Business

Workers' information shared with third-party companies, new research reveals

Companies are sharing workers' identifiable information and online activity with third-party companies, including Microsoft, Google and Facebook, using employee monitoring software known as "bossware," new Northeastern University ...

Business

Technology usually creates jobs for young, skilled workers. Will AI do the same?

At any given time, technology does two things to employment: It replaces traditional jobs, and it creates new lines of work. Machines replace farmers, but enable, say, aeronautical engineers to exist. So, if tech creates ...

Business

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

Business

Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that billionaire Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to the ChatGPT startup and ending one of Silicon Valley's most closely watched courtroom ...

Business

EU tells TikTok to change 'addictive' design

The EU said Friday that it had told TikTok it needs to change its "addictive design" or risk heavy fines, after the Chinese-owned platform was found in breach of the bloc's digital content rules.

Business

Germany claws back 59 mn euros from Amazon over price controls

Germany's competition watchdog ordered Amazon on Thursday to stop implementing price controls for retailers on its marketplace and told the US tech giant to return 59 million euros ($70 million) in what it deemed unfair gains.

Internet

Whack-a-mole: US academic fights to purge his AI deepfakes

As deepfake videos of John Mearsheimer multiplied across YouTube, the American academic rushed to have them taken down, embarking on a grueling fight that laid bare the challenges of combating AI-driven impersonation.

Business

Rural India powers global AI models

Tending crops by day and then logging on for a night shift of data labeling, 27-year-old Chandmani Kerketta is part of a rising rural Indian workforce helping power an artificial intelligence revolution.

Business

Amazon in talks to invest $50 billion in OpenAI, expand ties

Amazon.com Inc. is in talks to invest as much as $50 billion in OpenAI and expand an agreement that involves selling computer power to the AI startup, according to a person with knowledge of the matter. OpenAI is also weighing ...

Business

How AI deepfakes have skirted revenge porn laws

Federal and state governments have outlawed "revenge porn," the nonconsensual online sharing of sexual images of individuals, often by former partners. Last year, South Carolina became the 50th state to enact such a law. ...