Business News

The US might ban TikTok: Record labels are cutting ties, what's music's Plan B?
2024-04-11 19:24:04
In February, Universal Music Group, the largest record label conglomerate in the world, pulled its catalog from TikTok. Videos using music from Taylor Swift or Bad Bunny suddenly fell silent. After a contentious U.S. House Committee on Energy and Commerce hearing about ByteDance, the app's Chinese parent firm, and its potential risks for data security and political influence, the House overwhelmingly passed a bill in March that could force a sale or ban TikTok (President Joe Biden has said he's open to signing that bill). The Senate has held closed-door meeting on the topic, and TikTok urged its users to contact Congress to protest.
Aston Martin to make petrol cars 'for as long as allowed'
2024-04-11 18:48:59
British luxury carmaker Aston Martin Lagonda will continue to produce traditional combustion-engine vehicles for as long as legally possible, its boss told UK media this week.
Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors
2024-04-11 18:48:59
Amazon is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among startups and big technology companies.
China’s minister meets car exes in Paris as EU probe continues · TechNode
2024-04-11 13:43:50
Wang’s trip comes ahead of Chinese President Xi Jinping’s expected visit to Paris and discussions on trade tensions with French counterpart Emmanuel Macron, scheduled for May.
DuckDuckGo launches $9.99 per month privacy bundle with VPN
2024-04-11 13:43:06
Complete anonymity is the name of the game.
Bitcoin miners face survival test in 'halving'
2024-04-11 07:55:43
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.
NYSE executive says 'handful' of AI startups are exploring IPOs
2024-04-11 02:10:25
Several artificial intelligence startups are looking into the process of going public, according to an executive at the New York Stock Exchange, as the market for tech listings gains steam.
New York City greenlights congestion pricing—toll plan is expected to improve traffic, air quality and public transit
2024-04-11 02:10:14
New York City is poised to launch the first congestion pricing plan to reduce traffic in a major U.S. metropolitan area. Like many journeys in the Big Apple, this one has been punctuated by delays. Once the system starts up, however, it's expected to significantly reduce gridlock in Manhattan and generate billions of dollars to improve public transit citywide.
Oil bosses call phasing out fossil fuels a 'fantasy'—but an international agreement is plausible
2024-04-11 02:10:07
Amin Nasser, chief executive of the world's largest oil company Saudi Aramco, recently called on nations to "abandon the fantasy" to phase out fossil fuels, adding that the transition to renewable energy sources is "visibly failing." However, the latest science on climate change is unequivocal: the world must eliminate fossil fuel-based energy systems—and fast.
How can humans and machines work in harmony? Through collaboration, says supply chain expert
2024-04-11 02:09:44
There's a quote Nada Sanders, a Northeastern distinguished professor of supply chain management, likes to share when discussing the collision of artificial intelligence and enterprise.
ByteDance profits jump 60%, beating tech rivals: Bloomberg
2024-04-10 17:19:39
The profits of TikTok owner ByteDance jumped around 60 percent in 2023, Bloomberg reported Wednesday citing sources, beating online rivals Tencent and Alibaba.
Internet providers must now be more transparent about fees, pricing, FCC says
2024-04-10 17:19:39
Much like nutritional labels on food products, "broadband labels" for internet packages will soon tell you just what is going into the pricing of your service, thanks to new rules adopted by the Federal Communications Commission this week.
Delta eyes record Q2 on still-strong demand
2024-04-10 17:19:39
Delta Air Lines reported another round of strong earnings on Wednesday as it forecast a record second quarter based on consistently strong travel appetite.
New Binance chief stresses importance of compliance
2024-04-10 17:19:02
The new CEO of the world's top crypto platform stressed the importance of regulatory compliance for Binance's future success, months after its former chief executive pleaded guilty to violating US anti-money laundering laws and it paid $4.3 billion to settle charges.
To understand the risks posed by AI, follow the money
2024-04-10 17:19:02
Time and again, leading scientists, technologists, and philosophers have made spectacularly terrible guesses about the direction of innovation. Even Einstein was not immune, claiming, "There is not the slightest indication that nuclear energy will ever be obtainable," just 10 years before Enrico Fermi completed construction of the first fission reactor in Chicago. Shortly thereafter, the consensus switched to fears of an imminent nuclear holocaust.
Why you should open a high-yield savings account with inflation increasing again
2024-04-10 15:52:43
With inflation rising, savers should explore ways to protect their money. A high-yield savings account can help.
When should you sell your gold investment?
2024-04-10 15:51:55
It could make sense to sell your gold investment in certain scenarios, but it depends on your situation.
4 smart ways to get out of credit card debt, according to experts
2024-04-10 15:51:29
Are you drowning in credit card debt? If so, it could make sense to explore these options.
Inflation has caused summer camp costs to soar. Here are tips for parents on how to save
2024-04-10 15:51:15
Summer camp sticker shock has some parents looking for ways to cut costs.
Consumers will finally see FCC-mandated “nutrition labels” for most broadband plans
2024-04-10 15:33:40
The labels should make it easier to comparison shop.

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