Business News

US judge rules Google is monopoly in key anti-trust case
2024-08-06 08:24:32
A US judge on Monday handed Google a major legal blow, ruling in a landmark anti-trust case that it has maintained a monopoly with its dominant search engine.
CrowdStrike and Delta fight over who's to blame for the airline canceling thousands of flights
2024-08-06 08:23:19
Cybersecurity software company CrowdStrike is disputing Delta Air Lines over who is to blame for damage that the airline suffered after a global technology outage.
German chip maker Infineon to cut 1,400 jobs
2024-08-05 19:14:11
German chip maker Infineon said Monday it will slash 1,400 jobs and relocate 1,400 more due to a tough market environment, as it announced falling profits and downgraded its outlook.
Amazon reissues its best Prime Day deals on Apple
2024-08-05 16:24:49
Today's Apple discounts at Amazon mark the return of Prime Day pricing (and some better-than-Prime Day deals) on MacBooks, AirPods, Apple Watch, iPads and more.
Apple stock getting hammered after international market crashes
2024-08-05 16:24:49
Following both news of Berkshire Hathaway's selling over half its holdings in the company, and a wider fear of recession taking a steep toll on international stock markets, Apple shares took a steep dive as trading began on Monday.
Target's latest Demo Day was all about AI
2024-08-05 13:51:43
With just a typed phrase, Target designers using a generative AI tool still in development illustrated how new fabrics might look on sketches to create furniture from a bright blue couch to a Hogwarts-themed chair.
Where seniors can buy gold bars and coins
2024-08-05 10:11:20
There are several ways seniors can add physical gold to their portfolios, whether they prefer in-person or online shopping.
AI-narrated books are here: Are humans out of a job?
2024-08-05 06:30:06
If you've listened to an audiobook or a narrated news article in the past year or so, there's a chance it was created not by a human, but by AI software that mimics the sound of a human voice.
Ride a bus, take a package with you: How crowdshipping reduces the impacts of millions of deliveries
2024-08-04 18:18:06
With the rise in e-commerce, 161 billion parcels were delivered worldwide in 2022, doubling in just four years. In Australia, more households are shopping online than ever before. In 2023, 5.6 million households made a monthly online purchase. This implies millions of parcels are being shipped each month.
EV transition worries French car industry workers
2024-08-04 09:11:27
As France faces a 2035 deadline to phase out new combustion engine cars, workers in the industry worry their days might be numbered too.
Berkshire Hathaway unloaded more than half of its Apple stock last quarter
2024-08-04 06:17:42
In a surprise move, in the second quarter of 2024, Warren Buffett's Berkshire Hathaway made the biggest sale of Apple in years, unloading around 400 million shares and missing the post-WWDC stock peak.
Hope or hype? NZ needs to be realistic about the clean energy potential of green hydrogen
2024-08-03 15:04:41
The recent failure of a deal to deliver hydrogen-powered trucks to New Zealand, and the removal of a NZ$100 million government rebate scheme for green hydrogen users in the 2024 budget, make a transition to the much-lauded energy technology increasingly less certain.
Nvidia reportedly delays its next AI chip due to a design flaw
2024-08-03 15:04:41
Nvidia’s yearly AI chip refresh may not start this year.
Nvidia is facing an antitrust probe from US regulators amid competitor complaints, report says
2024-08-03 08:38:43
Antitrust tensions are heating up in the chipmaking industry. Rivals have accused Wall Street darling Nvidia of abusing its market dominance in selling chips that power artificial intelligence—and the U.S. Justice Department is now investigating these complaints, technology news site The Information reported.
Donald Trump says Mark Zuckerberg keeps calling him on the phone
2024-08-03 04:49:14
Zuck has been good, but “Google has been very bad,” Trump said.
Tesla sues maker of ‘highly unsafe’ breakaway EV charging adapters
2024-08-03 04:47:51
The Escape Connector can heat up to 100 degrees Celsius.
UAW leader says Trump would send the labor movement into reverse if he's elected again
2024-08-03 01:17:40
The head of the United Auto Workers union says putting Vice President Kamala Harris at the top of the Democratic ticket increases the Democrats’ chance of winning Michigan and keeping the White House in November.
US accuses TikTok of violating children's privacy
2024-08-02 19:46:02
The United States in a lawsuit on Friday accused TikTok of violating children's privacy by collecting data about them without their parents' permission when they use the app.
How to get the best home equity loan rate this August, according to experts
2024-08-02 17:58:49
There are steps you can take to get a lower home equity loan rate — even in today's high-rate environment.
Bungie Layoffs Include Senior Execs Luke Smith And Mark Noseworthy
2024-08-02 17:54:50
Smith and Noseworthy were reportedly working on a new game set in the Destiny universe.

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