Business News

The winners and losers of Apple’s anti-tracking feature
2024-07-25 05:41:32
Apple’s big privacy update came out a year ago. What did it do for you?
Financial markets dive as tech stocks slump and recession fears mount
2024-07-25 05:41:32
Nasdaq fell more than 13% in April — the tech-heavy index's biggest monthly loss since the 2008 financial crisis.
UK fines TikTok over safety data reporting
2024-07-24 23:48:25
British telecommunications regulator Ofcom said Wednesday it had handed video sharing platform TikTok a £1.9 million ($2.4 million) fine for failing to timely make available safety data.
Navigating digital financial inclusion in Africa
2024-07-24 18:07:56
As the presence of mobile phones becomes increasingly widespread in Africa, digital services have allowed for more financial inclusion among low- and middle-income countries within the continent. Through a system known as mobile money (MoMo), users are able to make transactions through telephone companies, using their phone number as an account number as opposed to opening a traditional account at a financial institution.
Budget airlines make money from extra charges, but savvy travelers benefit, too
2024-07-24 16:31:49
If you're about to jet off on a summer flight, the chances of you having secured a bargain at this peak time of the year are slim. And as well as the cost of your tickets, you may have grudgingly paid various amounts on top for your bags, your choice of seat, and the chance to be one of the first to board.
Delta Air Lines expects outage-related cancellations to end by Thursday, CEO says
2024-07-24 14:38:16
Delta Air Lines expects flight cancellations and delays that resulted from a global technology breakdown last week to be resolved by Thursday, the carrier's chief executive said.
Spain's antitrust watchdog opens probe into Apple App Store
2024-07-24 14:06:06
Spain's antitrust watchdog said Wednesday it had opened a probe into the conditions Apple imposes on developers of mobile applications sold on its App Store.
Ferrari to accept crypto-payments in Europe
2024-07-24 14:02:36
Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States.
In fuel-guzzling Saudi Arabia, electric cars pique interest
2024-07-24 09:05:50
For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheel drive favored by motorists in the desert kingdom.
France quietly catches rivals in battle for data center supremacy
2024-07-24 09:05:48
At the end of a narrow suburban street north of Paris, a giant structure shrouded in a skin of mesh and steel looks like a football stadium, but is in fact a vast data center.
Google's corporate parent still prospering amid shift injecting more AI technology in search
2024-07-24 09:05:47
Google's corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its internet empire.
Howard Schultz says Starbucks "unequivocally has not broken the law" at union-busting hearing
2024-07-24 09:04:35
Sen. Bernie Sanders wants to know why no Starbucks stores have a union contract while nonunionized stores get raises and perks.
Murdaugh estate sells for $3.9 million. Here's who will get the money.
2024-07-24 09:04:34
Moselle, the 1,700-acre hunting lodge where Paul and Maggie Murdaugh were killed, was sold recently, property records show.
FTC orders 8 companies to provide information on 'surveillance pricing' practices
2024-07-24 08:37:02
The Federal Trade Commission has ordered information from eight companies that the agency says offer products and services that use personal data to set prices based on a shopper's individual characteristics.
Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans
2024-07-24 08:37:02
Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price cuts and low-interest financing.
Vietnam allows big companies to buy clean energy directly to meet their climate targets
2024-07-24 08:37:02
Vietnam will let electricity-guzzling factories buy electricity from wind and solar power producers, helping big companies like Samsung Electronics meet their climate targets and relieving pressure on the country's overstrained grid.
Renewables overproduction turns electricity prices negative
2024-07-24 08:37:01
With the proliferation of solar panels and wind turbines an unusual phenomenon is becoming more and more frequent: wholesale electricity prices turn negative.
Cloud and search lift Google-parent quarterly profit
2024-07-23 20:45:48
Google-parent Alphabet on Tuesday reported profit and revenue that beat expectations as its cloud and search ads businesses thrived.
Mass layoffs and data breaches could be connected, according to researchers
2024-07-23 20:45:48
A research team led by faculty from Binghamton University, State University of New York has been exploring how mass layoffs and data breaches could be connected. Their theory: since layoffs create conditions where disgruntled employees face added stress or job insecurity, they are more likely to engage in risky behaviors that heighten the company's vulnerability to data breaches.
Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google
2024-07-23 17:15:10
Wiz has rejected a reported $23 billion acquisition proposal from Google parent Alphabet—as the cybersecurity startup pivots back to a previously-planned initial public offering, according to a company memo seen by CNBC and others.

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