Business News

OpenAI announces SearchGPT with plans to integrate it into ChatGPT
2024-07-26 05:28:37
The prototype will combine OpenAI's artificial intelligence models with information from the internet.
More companies listing benefits in job postings to attract candidates, study finds
2024-07-25 23:59:54
Seen as a recruiting tactic, the inclusion of benefits in job ads may be most impactful in low-wage fields.
Company says manufacturing problem was behind wind turbine blade breaking off Nantucket Island
2024-07-25 22:52:11
The maker of a massive wind turbine blade that broke apart off Nantucket Island and washed up on the beaches says a manufacturing problem was responsible.
Microsoft's World of Warcraft development workers are unionizing
2024-07-25 19:44:46
More than 500 workers behind the popular video game franchisee "World of Warcraft" are unionizing.
Happy 50th birthday to the UPC barcode—no one expected you would revolutionize global commerce
2024-07-25 19:44:46
The first modern barcode was scanned 50 years ago this summer—on a 10-pack of chewing gum in a grocery store in Troy, Ohio.
American Airlines reports lower profits but wins on IT outage
2024-07-25 19:44:42
American Airlines lowered its 2024 outlook Thursday on lingering effects of a botched booking system upgrade, but shares rallied as it touted a speedy recovery to last week's IT outage that plagued rivals.
Google's brand ads are a 'sham,' but companies have to buy them anyway, report finds
2024-07-25 19:44:42
If you use Google—and chances are you do—then you're used to seeing ads when searching online. But how do those ads get on Google search and, more importantly, who is paying for them? It's easy to assume Nike pays for the Nike ads, but that's not always the case.
Renewable energy puts power grids to the test
2024-07-25 19:44:41
To transition away from fossil fuels and towards renewables—which are intermittent by nature—we'll need to rework our entire system of power storage, transmission and distribution. Yet experts haven't yet found the right energy mix or power storage system, or how to balance supply and demand effectively.
CrowdStrike: The massive companies you've never heard of with a hidden grip on our lives
2024-07-25 16:21:06
The world is saturated by services and products provided by companies that have a "secret grip" on the way we live. In 1951, the French-born American industrial designer Raymond Loewy described a typical day "of the average guy" from the moment he wakes up until he goes to bed. The point being that the average guy's life was saturated with designed products.
A global IT outage brought supply chains to their knees—we need to be better prepared next time
2024-07-25 15:10:43
Friday's global IT outage—caused by a faulty software update from cybersecurity firm Crowdstrike—wrought havoc on business operations around the world.
UK govt launches flagship green energy plan
2024-07-25 14:35:46
Britain's new Labour government launched its flagship green energy infrastructure plan on Tuesday, announcing a multi-billion-pound partnership with the business arm of the royal family to develop offshore wind farms.
Southwest Airlines ends open seating, introduces redeye flights
2024-07-25 12:00:23
The Dallas-based airline is putting an end to its open seating policy, will begin offering premium seating and is introducing redeye flight options.
Nissan shares plunge after profit warning
2024-07-25 09:35:48
Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States.
Ford profits tumble on higher costs, hitting shares
2024-07-25 09:35:48
Ford shares tumbled Wednesday after the automaker reported lower than expected profits on higher costs connected to product launches and warranty repairs for older model vehicles.
Boeing guilty plea deal filed in fatal 737 Max crashes
2024-07-25 09:35:47
Boeing will plead guilty to fraud as part of a deal with the US Department of Justice over two fatal 737 MAX crashes, according to a court filing Wednesday.
China to investigate scandal of mixed use of tankers for edible and chemical oil
2024-07-25 05:43:50
The office of the food safety commission of the State Council established a joint investigation team on Tuesday as public concern continues to foment following a report by The Beijing News, which revealed a startling scandal of the mixed use of tankers for edible and chemical oil.
OpenAI ban expected to spur domestic Chinese LLM development despite short-term impact: experts
2024-07-25 05:43:50
Tuesday marks the first day that China is excluded from OpenAI's API service. Despite the obvious short-term impact on Chinese developers, this move is also expected to encourage Chinese companies to reduce their reliance on OpenAI and transition to domestic models, observers noted.
OpenAI's cut of China's access to its API service would 'push domestic developers to catch up vigorously'
2024-07-25 05:43:41
US tech firm OpenAI has restricted access to its artificial intelligence (AI) models through its application programming interface (API) service in China since Tuesday.
China forms sophisticated global logistics network, led by ocean shipping, long-distance freight trains and air cargo: Ministry of Transport
2024-07-25 05:43:41
China has established a comprehensive international logistics service system, primarily based on maritime shipping, Li Xiaopeng, Minister of Transport, said on Wednesday, highlighting that China's international logistics supply chain is crucial for the global supply chain’s stability and security.
The long-shot campaign to get big banks out of fossil fuels
2024-07-25 05:41:37
Climate activists lost this week against big banks. Don’t count them out just yet.

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