Business

Meta profits soar but costs of AI cause worry

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.

Energy & Green Tech

Banish retrofit blues with one-stop shop and better living

Retrofitting housing to be more energy efficient and provide equitable benefits for all is essential to make Europe carbon neutral. The job is challenging and complex and some people have trust barriers to overcome.

Business

String of litigation cases bites Apple

The US government Thursday sued Apple claiming the tech behemoth illegally maintained a monopoly for its iPhone by stifling competition and imposing high costs on consumers—the latest in a string of legal headaches facing ...

Internet

Why Facebook's new 'privacy cop' is doomed to fail

The Federal Trade Commission issued its largest-ever fine, of US$5 billion, to Facebook for violating a 2011 privacy settlement in late July. But the amount is only about a month's worth of the company's revenue, suggesting ...

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