Business News

Cutting-edge grid planning tools drive India's distributed energy future
2024-02-28 14:55:59
India has set a goal of adding 450 gigawatts (GW) of renewable energy to its power system by 2030. By the same year, the country also plans to achieve 40% renewable electricity capacity.
Zuckerberg meets LG, Samsung chiefs in Seoul as Meta ramps up AI ambitions
2024-02-28 14:55:58
Meta CEO Mark Zuckerberg discussed cooperation on extended reality devices with LG Electronics executives on Wednesday as part of his visit to South Korea that highlights Meta's ambitions in artificial intelligence.
Airlines had their safest year on record in 2023: IATA
2024-02-28 14:09:49
Last year was the safest ever for commercial air travel, despite a massive rebound in passenger flights, an airline industry group said Wednesday.
Cardboard box filled with unopened hockey cards sells for more than $3.7 million at auction
2024-02-28 09:52:36
Heritage Auctions called the box of hockey cards a "Holy Grail" case. It sold for $3.72 million at auction.
The Chicago Bears and their billionaire owners want to pay less money to public schools
2024-02-28 09:52:33
A suburban mayor is denying pressuring local districts to cave to the team's demands, but the facts speak for themselves
Nissan plans self-driving taxi service in Japan
2024-02-28 09:25:52
Nissan is planning to launch a self-driving taxi service in Japan in the financial year starting April 2027, the auto giant said Wednesday.
AI the new obsession for venture capital investing
2024-02-28 09:25:51
After the earthquake of ChatGPT's phenomenal success a year ago, Silicon Valley investors have gone into overdrive with artificial intelligence, looking for the newest blockbuster idea in an ocean of hype and overpromising.
Apple (AAPL) reportedly cancels work on electric car, refocuses team on generative AI project
2024-02-28 01:04:23
The Apple company has spent years behind the scenes developing concepts and speaking with auto makers about collaboration.
Macy's to close 150 stores, or about 30% of its locations
2024-02-28 00:28:38
Under pressure from investors, Macy's is closing 150 underperforming stores as it leans into its Bloomingdale's and Bluemercury brands.
New AI model could streamline operations in a robotic warehouse
2024-02-27 21:50:05
Hundreds of robots zip back and forth across the floor of a colossal robotic warehouse, grabbing items and delivering them to human workers for packing and shipping. Such warehouses are increasingly becoming part of the supply chain in many industries, from e-commerce to automotive production.
New computer models can help improve airport landing delays
2024-02-27 21:49:00
Airport operations are affected by the unpredictable nature of flight times, departure delays, weather conditions, and other factors.
NIST releases version 2.0 of cybersecurity framework
2024-02-27 17:58:58
The National Institute of Standards and Technology (NIST) has updated the widely used Cybersecurity Framework (CSF), its landmark guidance document for reducing cybersecurity risk. The new 2.0 edition is designed for all audiences, industry sectors and organization types, from the smallest schools and nonprofits to the largest agencies and corporations—regardless of their degree of cybersecurity sophistication.
Renewable energy innovation isn't just good for the climate—it's also good for the economy
2024-02-27 17:58:58
As the climate crisis escalates, there are urgent and difficult choices that need to be made to drastically reduce our carbon emissions before more irreparable damage is done.
70% of Australians don't feel in control of their data as companies hide behind meaningless privacy terms
2024-02-27 17:43:25
Australian consumers don't understand how companies—including data brokers—track, target and profile them. This is revealed in new research on consumer understanding of privacy terms, released by the non-profit Consumer Policy Research Centre and UNSW Sydney today.
Aluminum-magnesium laminates provide promising materials for aerospace and automotive industries
2024-02-27 17:42:41
Magnesium alloys are prized in aerospace, automotive, and electronics for their lightness and strength, but they are limited by poor corrosion resistance. To overcome this, researchers have developed Al/Mg/Al laminates, cladding magnesium with aluminum to combine their strengths: lightness and better corrosion resistance. Various methods such as co-extrusion, casting, and welding have been explored, with rolling emerging as a preferred technique for its flexibility and efficiency.
Sony is laying off 900 employees and shuttering its London studio
2024-02-27 17:11:01
The layoffs will also impact teams at Naughty Dog, Insomniac Games, Guerrilla, and Firesprite.
Is there an alternative to 10,000 kilometers of new transmission lines? Yes—but you may not like it
2024-02-27 16:03:57
Building transmission lines is often controversial. Farmers who agree to host new lines on their property may be paid, while other community members protest against the visual intrusion. Pushback against new lines has slowed development and forced the government to promise more consultation.
Netflix confirms it’s cutting off Apple billing for legacy subscribers
2024-02-27 15:42:12
It was good while it lasted.
Nvidia’s free-tier GeForce Now will soon show ads while you’re waiting to play
2024-02-27 15:42:10
“Up to two minutes” of video ads.
Li Auto shares surge after first annual profit · TechNode
2024-02-27 15:41:51
Shares of Li Auto surged 19% on Monday after the Chinese electric vehicle startup generated record-breaking revenue and became the first among equals to

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