Business News

Alibaba to pour $1.1 billion into South Korean market in chase for growth · TechNode
2024-03-19 15:27:32
Alibaba is planning to invest over $1 billion in South Korea in the next three years according to the country’s news outlet Yonhap, in a quest to tap
MrBeast’s $5 million game show for Prime Video could one-up Netflix’s Squid Game
2024-03-19 15:25:45
From YouTube to Prime Video.
Google has a new head of Search — and she’s all in on AI
2024-03-19 15:25:19
The AI folks are starting to take over the Search team at Google.
Nvidia reveals Blackwell B200 GPU, the “world’s most powerful chip” for AI
2024-03-19 15:25:07
Twenty petaflops of AI performance, says Nvidia.
We’re one step closer to a global cybersecurity standard for smart home devices
2024-03-19 13:33:07
The Product Security Verified Mark will tell you if that smart home device is secure.
Alibaba’s grocery unit head steps down in latest overhaul: report · TechNode
2024-03-19 13:32:32
Hou Yi, who founded Freshippo in 2016 as a new retail practice for Alibaba, announced on Monday his decision to step down as chief executive in a surprise
China reaffirms EV commitment with new measures amid doubts · TechNode
2024-03-19 13:31:41
The comments came after a slew of international carmakers scaled back their EV plans and Chinese automakers cut prices amid demand pressure.
The Fed is meeting this week. Here's what experts are saying about the odds of a rate cut.
2024-03-19 12:27:35
After two years of rate hikes, Americans are coping with higher costs for all kinds of loans. Here's what to expect from the Fed this week.
FTC to send nearly $100 million in refunds to customers of Benefytt's fake health plans
2024-03-19 12:27:35
Nearly half a million U.S. consumers lured into buying sham insurance from Benefytt Technologies will get refunds.
Unilever bought Ben & Jerry's 24 years ago. Now it's exiting the ice cream business.
2024-03-19 12:27:34
Unilever said it's spinning off iconic ice cream brand Ben & Jerry's to focus on its other businesses.
The average Wall Street bonus fell a bit last year — to $176,500, New York state's comptroller says
2024-03-19 12:27:33
The average Wall Street bonus fell 2% last year — to $176,500, New York state officials say. The bonus' high water mark was $240,400 in 2021, and its relative low was $111,400 in 2011.
AI titan Nvidia ramps up collaboration with Chinese auto giants
2024-03-19 11:25:15
Nvidia on Monday announced a major expansion of its collaboration with world-leading BYD and other Chinese electric car makers, including on the development of autonomous AI-boosted vehicles.
Spotify paid $9 billion in royalties in 2023. Here's what fueled the growth
2024-03-19 11:25:15
Spotify paid out $9 billion in streaming royalties last year, the streaming giant said Tuesday in its latest "Loud and Clear" report.
UnitedHealth says it has made progress on recovering from a massive cyberattack
2024-03-19 08:57:57
UnitedHealth is testing the last major system it must restore from last month's Change Healthcare cyberattack, but it has no date yet for finishing the recovery.
Study explores how wind turbine visibility affects property values across the US
2024-03-18 21:33:26
Renewable energy sources are essential for transitioning towards a decarbonized energy system and making the electricity grid more environmentally sustainable. Clean energy alternatives like wind power can effectively replace fossil fuels, contributing to reduced air pollution and slowing down climate change.
Sustainable biomass production capacity could triple US bioeconomy, report finds
2024-03-18 21:32:01
The United States could triple its current economy by producing more than 1 billion tons per year of plant-based biomass for renewable fuels while meeting projected demands for food, feed, fiber, conventional forest products, and exports, according to the Department of Energy's latest Billion-Ton Report led by Oak Ridge National Laboratory.
Could a gambling "error" cost you March Madness?
2024-03-18 18:57:10
Sports betting is about the odds, but sports books decide whether the odds are fair.
Can we protect and profit from the oceans?
2024-03-18 18:57:10
What the UN is missing with its plan to save the seas
Embracer Reportedly Set To Sell Star Wars: KOTOR Remake Dev Saber Interactive In $500 Million Deal
2024-03-18 18:32:57
The studio will still develop the Star Wars remake.
Nvidia backs little-known upstart in India's biggest AI bet yet
2024-03-18 17:41:37
It's a sultry March evening in the suburbs of Mumbai and a group of men hovers anxiously at the back gate of a startup called Yotta Data Services. They pace, pause and fret. It's approaching midnight, 10 hours late, when a truck pulls up with the precious cargo they've been waiting for: semiconductors from Nvidia Corp.

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