Business News

Seeking help for crypto wallet problems on social media can attract scammers
2024-09-17 18:51:35
The increasing popularity of cryptocurrencies has turned social media into a central place where users look for help when they have problems with their crypto wallet or private key. Scammers take advantage of this situation to make money with fake support offerings or to gain access to wallets or keys.
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
2024-09-17 13:32:26
Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.
US says Google saw ad startup as a 'threat'—and bought it
2024-09-17 11:51:56
Google bought advertising technology provider AdMeld in 2011 because the search giant saw the startup as a "threat" to its online display ad strategy, antitrust enforcers sought to show at trial Monday.
'A stab in the back.' How Elon Musk's decision to move X from San Francisco is stirring mixed emotions
2024-09-17 11:51:56
When Elon Musk took over Twitter in 2022, it marked a new era for the struggling San Francisco company.
Douyin shifts e-commerce focus back to GMV growth after costly low-price strategy: report · TechNode
2024-09-17 10:58:38
Douyin, TikTok’s Chinese sibling, has recently shifted its e-commerce strategy to re-prioritize GMV growth over price competitiveness in an attempt to
Temu hits $20 billion sales in H1 fueled by expansion efforts: report · TechNode
2024-09-17 10:58:33
Temu surpassed its 2023 total sales in the first half of this year to reach around $20 billion, according to a 36Kr report, underscoring the Pinduoduo
E-commerce is driving up pollution near warehouses
2024-09-17 10:58:32
Warehouses are magnets for truck pollution.
Intel delays Germany, Poland chip factories for two years
2024-09-17 09:19:11
Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated.
Chinese appliance maker Midea soars in Hong Kong after US$4 bn IPO
2024-09-17 08:24:13
Shares in Chinese electronic appliance maker Midea surged more than nine percent on its Hong Kong debut Tuesday, having raised around US$4 billion in the city's biggest initial public offering for more than three years.
Amazon’s next Prime Day sale is happening on October 8th and 9th
2024-09-17 07:28:33
Prime Day 2.0 is nearly upon us.
Amazon just announced the dates for Prime Big Deal Days 2024, its October Prime Day sale
2024-09-17 07:26:38
Mark your calendars: Prime Big Deal Days is back this October. Here's what the holiday kick-off sale will begin.
Amazon orders workers to return to the office five days a week
2024-09-17 03:34:53
Amazon CEO Andrew Jassy is ending the e-commerce giant's extended experiment with remote work, saying employees collaborate better in person.
Intel’s big turnaround plan includes spinning off its chipmaking business
2024-09-17 00:35:13
And we just found out Intel lost out on the PS6.
OpenAI is launching an ‘independent’ safety board that can stop its model releases
2024-09-17 00:35:07
The board was established after a review of OpenAI’s safety processes.
Amazon is requiring workers to be in the office five days a week starting next year
2024-09-16 21:41:04
Amazon is reverting to its pre-pandemic policy and will require corporate employees to be in the office five days a week starting next year, CEO Andy Jassy said Monday.
Exploring the benefits and challenges of adopting blockchain accounting
2024-09-16 18:11:54
A QUT study of blockchain hesitancy in accounting found participants agreed on its efficiency and transparency but were deterred by blockchain's complexity and cost of integration into existing accounting systems.
High-speed rail plans may finally end Australia's 40-year wait to get on board
2024-09-16 18:11:54
Australia has debated and studied high-speed rail for four decades. The High Speed Rail Authority has begun work on a project that could finally deliver some high-speed rail in the 2030s.
Shared carbon capture networks would cut costs, reduce disruptions to local communities
2024-09-16 18:11:54
Sharing infrastructure for transporting and storing captured carbon dioxide (CO2) emissions across multiple industrial facilities could cut costs by more than 60% and reduce pipeline buildout by more than 75% in Louisiana, according to new research led by engineers at the Andlinger Center for Energy and the Environment.
TikTok's US future hangs in balance at federal court
2024-09-16 09:19:48
TikTok will attempt to convince a federal court on Monday that a law requiring the video-sharing app to divest from its Chinese ownership or face a ban in the United States is unconstitutional.
Europe's EV troubles bubble up at Brussels Audi factory
2024-09-16 09:19:48
Outside an Audi factory in Brussels described by the German carmaker as the "cradle" of its electric drive, around 200 picketing workers huddled around a bonfire in the morning drizzle.

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