Perseverance doesn't always pay off for companies. Sometimes it's better to 'fail fast'
Across the business world, companies often double down on struggling ideas, retreating only after clear evidence shows they won't work.
Apr 27, 2026
0
4
Business
Sorted by date
Business
China blocks Meta from acquiring startup Manus as global AI rivalry deepens
China on Monday blocked U.S. tech giant Meta's acquisition of the artificial intelligence startup Manus, in an unexpected move to reverse a deal that apparently aroused Beijing's concerns about the transfer of advanced technology.
Apr 27, 2026
0
4
Business
AI is the world's most demanding construction client—with some concerning implications
In late 2024, a new building broke ground in Western Sydney that will draw more electricity than 140,000 homes—roughly the power demand for a mid-sized Australian town like Geelong.
Apr 27, 2026
0
6
Business
Why the world's banks are so worried about Anthropic's latest AI model
The legendary American bank robber Willie Sutton spent 40 years robbing banks because, as he claimed in his autobiography, he loved doing it. And when asked why he chose banks of all places to rob, he allegedly replied, "Because ...
Apr 26, 2026
0
19
Business
Meta and Microsoft have joined the tech layoff tsunami—but is AI really to blame?
Meta and Microsoft are the latest software companies to announce big cuts to their global workforce. Both companies are also making big investments in artificial intelligence (AI).
Apr 25, 2026
0
17
Business
Billionaire Elon Musk enters courtroom showdown with OpenAI
Jury selection is to begin Monday in a high-profile legal battle between billionaire Elon Musk and artificial intelligence startup OpenAI, which he accuses of betraying its nonprofit mission.
Apr 25, 2026
0
9
Business
'Clearly me': AI drama accused of stealing faces
Christine Li is a model and influencer, but not an actor, so when she saw herself playing a cruel character in a Chinese microdrama she felt bewildered, then angry and afraid.
Apr 24, 2026
0
8
Business
Airlines are facing higher fuel costs and cutting fares at the same time. How does that work?
Trying to book a flight right now can feel absurd. Qantas and Virgin Australia are warning that higher fuel costs and disruption linked to the Middle East conflict are putting pressure on fares and forcing capacity cuts.
Apr 23, 2026
0
4
Business
Single-minded pursuit of profit can get firms in trouble. Same thing with AI.
If you give artificial intelligence a goal of maximizing profit, how far will it go? AI agents appear capable of lying, concealing, and colluding, according to new research from Harvard Business School.
Apr 22, 2026
0
5
Business
EV battery supply may be less fragile than feared as markets swap key materials
The development of batteries for electric vehicles has progressed much faster than experts and policymakers had anticipated. New research shows that the market is well equipped to cope with both raw material shortages and ...
Apr 22, 2026
0
14
