Business News

Google opens new cybersecurity hub in Japan
2024-03-07 14:59:11
Google on Thursday launched a new cybersecurity hub in Japan, aimed at helping to upgrade defenses in the Asia-Pacific.
Beijing grants greater independence for EV development of state-owned automakers · TechNode
2024-03-07 14:56:28
Chinese car manufacturers FAW Group, Dongfeng Motor, and Changan Automobile will have more leeway and independence in conducting their work, as the
EU starts customs registration of Chinese EVs for potential retroactive tariffs · TechNode
2024-03-07 14:55:50
China-made electric vehicles will be subject to a special customs registration process starting Thursday by the European Commission, meaning manufacturers
TSMC hauled in subsidies of $1.51 billion from China and Japan · TechNode
2024-03-07 14:55:36
TSMC has revealed that subsidies obtained from the Japanese and Chinese governments reached NT$47.545 billion ($1.51 billion) in 2023, marking a 5.74-fold increase year-on-year.
Lufthansa doubles profit in 2023, but strikes cast shadow
2024-03-07 09:14:28
German airline giant Lufthansa more than doubled its profits in 2023, extending a rebound from the coronavirus pandemic even as it faces fresh risks from a wave of industrial action.
EU faces uphill battle to rein in big tech
2024-03-07 09:13:36
The EU's landmark curbs on how tech titans do business online kick in from Thursday, but just how far Brussels succeeds in bringing the giants to heel will hinge on bitter battles that still lie ahead.
Cryptocurrency fraud is now the riskiest scam for consumers, according to BBB
2024-03-07 00:57:45
The Better Business Bureau said Americans also lost money last year in employment scams and online purchasing scams.
Ship sunk by Houthis likely responsible for damaging 3 telecommunications cables under Red Sea
2024-03-07 00:57:45
The U.K.-owned commercial ship Rubymar sank Saturday morning after taking on water when it was hit by a Houthi missile on Feb. 18.
Social media outages hurt small businesses—so it's important to have a backup plan
2024-03-06 22:08:27
To businesses that rely on social media platforms for advertising, client communication or direct sales, Tuesday's Meta platforms outage was more than a communal inconvenience.
Chinese national arrested in US for stealing Google AI technology
2024-03-06 22:08:02
A Chinese software engineer was arrested Wednesday for allegedly stealing artificial intelligence technology from Google while secretly working for two Chinese companies, US Attorney General Merrick Garland said.
Epic-Apple feud tests EU big tech law
2024-03-06 22:08:02
Epic Games on Wednesday called on the EU to swiftly enforce its major new law governing big tech after Apple halted the Fortnite-maker's effort to develop a competing app store for its devices.
Boeing slammed for dragging feet in Alaska Airlines probe
2024-03-06 22:08:02
The head of the federal investigation into a troubled January flight on a Boeing 737 MAX jet blasted the aviation giant on Wednesday for not providing key information quickly.
EU will force big tech to change 'behaviour': competition chief
2024-03-06 20:59:54
The EU is prepared to deploy its full arsenal to force big tech companies to change their behavior online, the bloc's competition chief said Wednesday, the day before a sweeping new law comes into force.
Artificial intelligence in banks can exacerbate social inequalities
2024-03-06 18:53:37
Almost no matter what we do, we leave behind data about who we are. This is also true in banking. In many cases, this data is used in ways that are useful to us. For example, it's nice for 50-year-olds not to receive advertising for housing savings for young people.
The German Tesla plant fire is claimed by far-left “Volcano Group”
2024-03-06 15:26:30
The plant has been the target of ongoing environmental protests.
How much energy will new semiconductor factories burn through in the US?
2024-03-06 15:21:36
How new computer chip factories could help or hurt US climate goals.
OpenAI says Elon Musk wanted ‘absolute control’ of the company
2024-03-06 04:03:18
OpenAI’s execs are telling their side of the story.
Researchers develop model for cost-effective and environmentally friendly pulp and paper industry
2024-03-06 00:48:22
Aerobic treatment of industrial wastewater from the pulp and paper industry is the most expensive treatment step in the purification process. New research published in Environmental Technology & Innovation shows how the purification of wastewater from pulp manufacturing can be made more energy efficient by predicting the oxygen-transfer rate and thereby enabling a way to regulate the aeration.
Ammonia-powered engines: A path to cleaner and more efficient transportation
2024-03-05 23:26:31
While the transportation sector has witnessed a dramatic shift toward electric vehicles (EVs), the idea of using hydrogen as a clean and efficient fuel for transportation has been explored for many decades. These vehicles emit water on combustion, and since they are based on the production of existing engine vehicles, they are expected to have a lower manufacturing carbon footprint than EVs.
Tesla German plant halts production after attack claimed by far-left group
2024-03-05 15:45:22
Tesla halted production at its German factory Tuesday after high-voltage lines supplying the carmaker's only European plant were set on fire in an act of "sabotage" claimed by a far-left group.

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