Business News

His theft led to the bank’s shutdown.

The DOJ is going after its algorithm that recommends rent prices.

US prosecutors unveiled sweeping antitrust charges Friday against a property management software company that they allege employs algorithms to enable collusion among landlords, harming renters across numerous US markets.

Disney has U-turned on a bid to dismiss a wrongful death lawsuit in the US by relying on the terms of service for a simple streaming trial.

New research from Griffith University provides crucial evidence that the early retirement of coal-fired power plants can be financially advantageous for investors, which is contrary to mainstream belief.

If asked to name the biggest video game company in the world, you might think of icons such as Nintendo—the famed creator of Mario, Pokémon and the Legend of Zelda—or maybe PlayStation, the brand associated with mega hits such as Final Fantasy and Uncharted.

A range of technical and policy approaches are being considered to mitigate global climate change. Whether and how these approaches are prioritized or abandoned often depends directly on public approval.

Cruise's trouble-ridden robotaxis are joining Uber's ride-hailing service next year as part of a multiyear partnership bringing together two companies that once appeared poised to compete for passengers.

Chinese e-commerce giant Alibaba said Friday it would upgrade its Hong Kong-listed shares to primary status, opening it up to China's huge army of investors that could potentially rake in billions of dollars for the firm.

The passengers on board the luxury yacht that sank in Sicily had many errors that could have prevented the tragedy.

Apple is responding to EU criticism about alternative browser choices by simplifying selection, and in addition it's adding more options over user control of other default apps.

Apple Cash, a popular payment service, offers a seamless experience within the iOS Messages app. However, identity verification changes are coming for users.

An academic with a sideline in TikTok videos about marketing scams claims Apple defrauded her over an iPad discount — despite her getting precisely the deal she was promised and should have expected.

As the use of Facial Recognition Payment Technology (FRPT) grows, taken up by retailers, governments, hotels and others, some consumers do not completely trust its use say QUT researchers.

In the competitive arena of global technology, China's ambitions in artificial intelligence stand out—not just for their scale but for their distinct strategic approach.

The decision to consider the bid from Seagram heir Edgar Bronfman comes after Paramount had agreed to merge with Skydance.

Xiaomi on Wednesday announced its financial results for the second quarter, reporting a revenue of RMB 88.89 billion ($12.46 billion), a 32.0%

US retail giant Walmart has exited its eight-year holding in China’s JD, one of the country’s largest e-commerce platforms.

Chinese internet giant Baidu posted flat second-quarter revenue on Thursday, as an uncertain economic outlook in the country weighs on household consumption.

Visitors would be charged an additional 5% on top of their hotel bill to stay in the city if plans are approved.