Business news

Business

Apple CEO says AI boom makes price increases 'unavoidable'

Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase the prices of its products, according to an interview with The Wall Street Journal ...

Business

UK imposes rules targeting Google search fairness

Britain's competition watchdog introduced new rules Wednesday requiring Google to be fairer and more transparent in how it ranks search results, as part of moves tackling the technology giant's dominance.

Business

Gulf Coast coal holds billions in critical minerals, but the economics are tricky

Researchers from The University of Texas at Austin have found that there is a significant amount of rare earth elements trapped in the coal and coal ash supply of the Gulf Coast—with a total value of more than $187 billion.

Business

Microsoft launches AI agent with pay-as-you-go pricing

Microsoft is changing how it charges for its software for the first time in two decades, moving to bill customers with a pay-as-you-go model each time they use its new AI agent.

Business

EU rejects Apple blame for delayed Siri AI rollout

The EU on Tuesday rejected Apple's blame for the delayed rollout of its AI-enhanced voice assistant, saying it was up to the U.S. giant to make products that follow the rules.

Business

How do jet fuel changes actually affect airfares?

As concerns grow over global fuel supplies and the cost of flying, new research from the University of Adelaide shows the relationship between jet fuel prices and airfares is not as simple as passengers might think. The study ...

Consumer & Gadgets

Apple tries again on AI, turns to Google for help

Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled in its first attempt.

Business

xAI sees key staff exits, Musk promises moon factories

Half of the original founding team at Elon Musk's artificial intelligence startup xAI has now departed after two co-founders resigned in rapid succession this week, raising fresh questions about talent retention ahead of ...

Business

AI could rebalance power between people and the services they use

Artificial intelligence could help people who feel overwhelmed, excluded or disadvantaged when dealing with everyday tasks like paying energy bills or booking health care appointments, according to a new study involving researchers ...

Business

Scaling-up global solar panel manufacturing sustainably

As solar energy rapidly expands to meet urgent climate targets and increasing demand for electricity, the key challenge is to ensure that this transition is not just scalable but sustainable. Pioneering research led by Northumbria ...

Business

Google turns to century-long debt to build AI

Google-parent Alphabet will issue bonds maturing in 100 years as it continues to invest massively in infrastructure for artificial intelligence, according to data published Tuesday by Bloomberg.

Business

India ramps up AI rules for social media platforms

India tightened rules regulating artificial intelligence on Tuesday, requiring social media platforms to clearly label AI content and comply with takedown requests by authorities within three hours.

Business

Platforms that rank the latest LLMs can be unreliable

A firm that wants to use a large language model (LLM) to summarize sales reports or triage customer inquiries can choose between hundreds of unique LLMs with dozens of model variations, each with slightly different performance. ...

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.