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Apple profit ebbs as iPhone sales under pressure
Apple on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented $110 billion share buyback.
Business
May 3, 2024
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Twitch app is redefining journalism as it moves into news coverage, says study
The popular app Twitch, created to livestream video game action, is redefining journalism as it becomes a source for news, University of Oregon research found.
Business
May 2, 2024
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US judge grills both sides in landmark Google antitrust trial
A US judge on Thursday pushed against the central pleas of both US government and Google lawyers as he heard their closing arguments at a landmark antitrust trial in Washington.
Business
May 2, 2024
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AI use by businesses is small but growing rapidly, led by IT sector and firms in Colorado and DC
The rate of businesses in the U.S. using AI is still relatively small but growing rapidly, with firms in information technology, and in locations like Colorado and the District of Columbia, leading the way, according to a ...
Business
May 2, 2024
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Artists from Universal Music Group are heading back to TikTok as new licensing deal reached
Artists from Universal Music Group, which include Drake, Adele, Bad Bunny and Billie Eilish, will be returning to TikTok as the two parties have struck a new licensing agreement following an approximately three-month long ...
Business
May 2, 2024
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Can AI-powered drive-throughs save the day for fast food operators?
It didn't take long for Harshraj Ghai to respond to the impact of California's new $20 an hour minimum wage for his 3,700 fast-food employees.
Business
May 2, 2024
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Say hello (again) to EA Sports College Football. The beloved video-game behemoth is back
In a Michigan basement decked out in maize and blue, a father sat with his son.
Business
May 2, 2024
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Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
Microsoft is investing $2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella ...
Business
May 2, 2024
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How to build and protect skills in our modern workplace, a world filled with AI and robots
Researcher and technologist Matt Beane, an assistant professor in the Technology Management Department at UC Santa Barbara, is calling attention to an immediate and hidden concern in the modern workplace—and offering a ...
Business
May 1, 2024
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Q&A: What's behind the potential ban on TikTok?
On April 24, President Joe Biden signed a foreign aid package that included a security addendum—a ban of the popular China-based social media app TikTok unless its parent company is sold to an American firm within nine ...
Business
May 1, 2024
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Meta's Canadian news ban could put people at risk during public emergencies
The B.C. government recently announced plans to work with American tech company Meta this wildfire season to deliver important public safety information. Premier David Eby called it a "major step," and said he was appreciative ...
Business
May 1, 2024
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Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service.
Business
May 1, 2024
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Ex-Binance chief jailed for four months in US
The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.
Business
Apr 30, 2024
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US newspapers sue OpenAI, Microsoft over AI chatbots
Eight US newspapers sued OpenAI and Microsoft in a New York federal court Tuesday for violating their copyright to train the technology behind the ChatGPT and Copilot chatbots.
Business
Apr 30, 2024
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Chinese tech giant Huawei profit surges 564%, biting into Apple sales
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.
Business
Apr 30, 2024
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Changpeng Zhao, the 'normal guy' who conquered crypto
During his time at the helm of the world's biggest cryptocurrency firm, former Binance boss Changpeng Zhao, who was sentenced to four months' prison in the United States on Tuesday for money laundering, perfected the humble ...
Business
Apr 30, 2024
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Electric cars pile up at European ports as Chinese firms struggle to find buyers
China's automotive industry has revolutionized over the past decade, from producing basic western clones to making cars that equal the world's best. As the manufacturing powerhouse of the world, China is also producing them ...
Business
Apr 30, 2024
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Australia just made a billion-dollar bet on building the world's first 'useful' quantum computer
The Australian government has announced a pledge of approximately A$940 million (US$617 million) to PsiQuantum, a quantum computing start-up company based in Silicon Valley.
Business
Apr 30, 2024
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EU probes Facebook, Instagram over election disinformation worries
The EU on Tuesday launched an investigation into Meta's Facebook and Instagram over concerns the platforms are failing to counter disinformation ahead of EU elections in June.
Business
Apr 30, 2024
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Asia's first spot bitcoin, ether ETFs start trading in Hong Kong
Hong Kong on Tuesday launched trading of Asia's first spot bitcoin and ether exchange-traded funds (ETFs), moving forward in the city's race to become a regional virtual asset investment hub.
Business
Apr 30, 2024
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