Business News

Bank of England will review the risks that AI poses to UK financial stability
2023-12-06 18:18:56
The Bank of England, which oversees financial stability in the U.K., said Wednesday that it will make an assessment next year about the risks posed by artificial intelligence and machine learning.
Amazon slams Microsoft’s business practices in UK cloud industry probe
2023-12-06 13:44:52
Despite AWS having a larger share of the UK cloud market.
The road ahead for EV adoption is made of gravel
2023-12-06 13:44:52
Rural Americans are trying EVs but largely aren’t sold yet.
Apple wants battery suppliers to move production to India
2023-12-06 13:29:53
As its latest step in cutting its reliance on China, Apple has reportedly asked its battery suppliers to scale up production in India, in time for manufacturing of the iPhone 16.
TikTok likely to revive e-commerce in Indonesia via a deal with local GoTo · TechNode
2023-12-06 13:29:48
TikTok is reportedly nearing a deal that will help the short video app restart e-commerce operations in Indonesia, its second-largest market, nearly three
Musk's AI startup seeks to raise $1 bn
2023-12-06 10:48:29
Elon Musk is seeking to raise a billion dollars for his xAI artificial intelligence company that he hopes will compete with ChatGPT's Open AI.
Twitch to shut down in SKorea over 'seriously' high fees
2023-12-06 10:48:29
US-based live gaming streaming platform Twitch said Wednesday that it would stop its service in South Korea in February because of "seriously" high network costs.
High speed rail between LA and Las Vegas gets $3bn boost
2023-12-06 10:48:29
A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved closer to reality Tuesday with the announcement of a $3 billion government grant.
F1 And EA Sports WRC Company Codemasters Suffers Layoffs
2023-12-06 08:41:44
More layoffs are hitting the UK games industry.
Honda’s China joint venture lays off 900 contract workers · TechNode
2023-12-06 07:32:14
Honda’s joint venture with China’s state-owned GAC Group made around 900 contract workers, or 7% of its workforce, redundant in late November, becoming
NIO vehicle margin rebounds in Q3 as CEO keeps pricing stable · TechNode
2023-12-06 07:32:10
NIO on Tuesday reported an 11% margin on vehicle sales in the third quarter to Sept. 30, up from 6.2% three months earlier and driving its total gross
Heytea removes co-branded tea latte following violations of religious affairs · TechNode
2023-12-06 07:32:10
Chinese tea chain Heytea removed a tea latte from its menu, available for less than a week, after allegations that the co-branded beverage violated
Off-duty Alaska Airlines pilot indicted on 84 charges in alleged attempt to shut down plane's engines mid-flight
2023-12-06 06:05:26
The Portland, Oregon, grand jury indicted Joseph David Emerson, 44, on lesser charges than state prosecutors had originally sought deciding he didn't seek to injure anybody.
SAG-AFTRA members approve labor deal with Hollywood studios
2023-12-06 06:04:59
However, less than 40% of Screen Actors Guild members participated in the ratification vote.
When is the Christmas shipping deadline for 2023? See the last days to order and mail packages.
2023-12-06 06:04:59
Here are that last days for sending timely Christmas gifts via major shippers like UPS and USPS. Places like Shutterfly have even earlier deadlines for Christmas 2023.
23andMe says hackers saw data from millions of users
2023-12-05 21:21:24
Personal genetics firm 23andMe on Tuesday confirmed that hackers using stolen passwords accessed the personal information about 6.9 million of its members.
AI approach offers solutions to tricky optimization problems, from global package routing to power grid operation
2023-12-05 21:21:24
While Santa Claus may have a magical sleigh and nine plucky reindeer to help him deliver presents, for companies like FedEx, the optimization problem of efficiently routing holiday packages is so complicated that they often employ specialized software to find a solution.
Apple, Disney and other big brands are pulling X ads—why Elon Musk's latest 'firestorm' could bring down the company
2023-12-05 20:36:33
Elon Musk's recent endorsement of an antisemitic conspiracy theory on X (formerly Twitter) is the latest in a series of controversial statements the owner of the social media platform has made since he acquired it in 2022. Major brands, including Disney, Apple, and Microsoft, have decided to pause or suspend their advertising spending on X in recent weeks.
New reporting method may improve cities' responses to resident service calls
2023-12-05 19:24:45
Researchers from Cornell Tech have developed a method to identify delays in the reporting of incidents such as downed trees and power lines, which could lead to practical insights and interventions for more equitable, efficient government service.
Meta, IBM launch alliance to keep AI's future open
2023-12-05 18:52:01
Meta, IBM and dozens of startups and researchers have launched an alliance defending a more open and collaborative method to develop artificial intelligence, setting up a clash with OpenAI and Google over the technology's future.

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