Business News

'Open-washing' generative AI: How Meta, Google and others feign openness
2024-07-03 21:30:57
The past year has seen a steep rise in generative AI systems that claim to be open. But how open are they really? New research shows there's widespread practice of "open-washing" by companies like Meta and Google: claiming brownie points for openness while evading actual scrutiny.
New lithium plant inaugurated in Argentina
2024-07-03 21:30:43
French mining group Eramet and China's Tsingshan on Wednesday inaugurated a lithium production plant in Argentina to supply the booming electric car industry.
Microsoft will pay $14M to settle allegations it discriminated against employees who took leave
2024-07-03 18:34:17
Microsoft Corp. has agreed to pay $14.4 million to settle allegations that the global software giant retaliated and discriminated against employees who took protected leave, including parental and disability, the California Civil Rights Department announced Wednesday.
Trader Joe's recalls candles sold nationwide, saying they pose a safety risk
2024-07-03 17:59:07
Trader Joe's says a seasonal scented favorite should be discarded or returned due to an "unexpected burn pattern."
CDK Global faces multiple lawsuits from dealerships crippled by cyberattack
2024-07-03 17:59:07
A number of lawsuits claim CDK was negligent in protecting customer data from cybercriminals.
EU gives conditional nod to Lufthansa's proposed ITA Airways stake
2024-07-03 17:05:54
The EU on Wednesday announced its conditional approval for German airline Lufthansa's proposed stake in ITA Airways, a deal that Italy called a "big European success".
Microsoft to invest 2.2 bn euros in Spain data centers
2024-07-03 17:05:54
Microsoft is to invest 2.2 billion euros ($2.4 billion) in a huge data center project in northeastern Spain, regional authorities said Wednesday as the area seeks to establish itself as a cloud storage hotspot.
Is an electric bike right for you? Here's what to consider before you buy
2024-07-03 16:40:09
More Australians than ever are riding electric bikes—a fact you may have noticed on the streets of our cities and towns.
Best 4th of July deals to shop at Wayfair
2024-07-03 16:17:38
Save up to 74% on storage furniture, kitchen essentials, bedroom furniture and more at Wayfair this 4th of July.
How to increase the rate of plastics recycling
2024-07-03 16:11:23
While recycling systems and bottle deposits have become increasingly widespread in the U.S., actual rates of recycling are "abysmal," according to a team of MIT researchers who studied the rates for recycling of PET, the plastic commonly used in beverage bottles. However, their findings suggest some ways to change this.
Indonesia launches first EV battery plant
2024-07-03 08:51:59
Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.
China leading surge in generative AI patents: UN
2024-07-03 08:51:58
The number of international patent filings for innovations using cutting-edge generative artificial intelligence have surged eightfold in six years, the UN said Wednesday, the majority from China-based innovators.
Amazon counts on 'grit and innovation' to meet AI surge
2024-07-03 08:23:38
The AI revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT.
US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices
2024-07-03 08:23:38
U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices.
The best Prime Day deals you can already get
2024-07-03 04:35:52
Believe it or not, there are ways to save ahead of July 16th.
You can pay to put a virtual house on Snapchat’s map
2024-07-03 04:35:52
Just in case you can’t buy a real house to post in a Snap.
Apple’s Phil Schiller is reportedly joining OpenAI’s board
2024-07-03 04:34:20
Microsoft already has a board seat as well.
Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected
2024-07-02 22:07:06
Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overall.
Hydrovolt to open battery recycling facility in France
2024-07-02 22:01:22
Norwegian battery recycling firm Hydrovolt said Tuesday that it will expand internationally by opening a facility in France, boosting a nascent hub for producing electric vehicle batteries.
Sam's Club 4th of July membership deal: Save 60% on a new membership today
2024-07-02 18:09:10
Sam's Club is offering yearly memberships for $20. Sign up now to save on groceries in the new year.

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