Business News

How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs
2024-06-16 10:41:56
Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Musk's record-setting Tesla compensation dwarfs them by comparison.
Tim Cook may have met with Trump during WWDC to discuss second term priorities
2024-06-16 02:36:19
Apple CEO Tim Cook may have left WWDC extremely early on Thursday morning to meet with presidential candidate Donald Trump, in what has been described as a meandering discussion.
Special WWDC Edition: Interviewing Setapp developer Oleksandr Kosovan on the AppleInsider Podcast
2024-06-16 02:36:16
Get the developers' perspective on all things WWDC and Apple Intelligence in this exclusive interview with MacPaw founder — and owner of the best ever Apple museum — Oleksandr Kosovan.
Sonos removes a promise to not sell personal data, gets busted by users
2024-06-16 02:35:53
Audio hardware maker Sonos has removed a promise from its US user agreement that it wouldn't sell users' personal information, which went unnoticed until eagle-eyed users spotted the change.
Generative AI at school, work and the hospital: The risks and rewards laid bare
2024-06-15 15:06:06
Unlike "traditional" AI that relies on predetermined rules and patterns, generative AI is able to produce novel content—like text, video, images, and music. In a way, unlike old AI, generative AI can think outside the box. Its implications are profound and sprawling, with the potential to reshape virtually every branch of society.
FAA investigating Southwest flight that dropped within a few hundred feet over the ocean in Hawaii
2024-06-15 08:35:39
The Federal Aviation Administration is investigating a Southwest Airlines passenger flight that plunged within several hundred feet of the ocean off Hawaii in April.
Meta pauses AI plans in Europe after privacy complaints
2024-06-15 07:16:00
Meta has paused plans to use personal data to train its artificial intelligence technology in Europe, Ireland's regulator said Friday, after the social media giant was hit with privacy complaints.
California drives toward an electric future
2024-06-14 21:25:09
The pressure is on for California to meet its clean-vehicle goals. In less than two years, 35% of vehicles sold must have zero tailpipe emissions. And by 2035, all light-duty vehicles sold must be zero-emissions.
Taking additive manufacturing one step closer to the aviation industry goals
2024-06-14 21:23:44
The aviation industry is working intensively to reduce the environmental impact of flying, and additive manufacturing (AM) is a key enabler in this effort. However, for the technology to meet the industry's extremely high safety and quality standards, a thorough understanding of the process is required. New research by Karthikeyan Thalavai Pandian, University West, Sweden, contributes important pieces to this puzzle.
Using drones will advance the inspection of remote runways in Canada and beyond, research suggests
2024-06-14 21:23:44
With weather, limited flights and long distances, gravel runways at remote airports—particularly in northern Canada—are difficult to get to, let alone to inspect for safety.
Chinese national arrested after allegedly stealing AI trade secrets from Google
2024-06-14 16:31:10
Prosecutors say Linwei Ding, 38, allegedly stole confidential trade secrets and secretly started to work for two China-based AI tech startups.
Apple worker's tax form showed he made $10,000 more than a woman doing the same job: Now she's suing
2024-06-14 11:23:43
Justina Jong's revelation that she was being paid less at Apple because she's female came from an unexpected place: an office printer.
Boeing rebuts US assertion of possible MAX prosecution, meeting deadline
2024-06-14 09:46:45
Boeing has officially contested a Department of Justice determination that the passenger plane giant can be prosecuted for violating a criminal settlement following two fatal 737 MAX crashes, a person familiar with the matter told AFP Thursday.
Amazon pledges $230 mn to boost generative AI startups
2024-06-14 09:46:44
Cloud computing giant Amazon Web Services on Thursday announced a $230 million commitment aimed at accelerating the development of generative artificial intelligence applications by startups worldwide.
Tesla shareholders back huge payout for CEO Musk, company says
2024-06-14 08:23:39
Tesla shareholders voted in favor of a huge compensation package for CEO Elon Musk, endorsing the potential windfall after a Delaware court invalidated it, a company official said Thursday.
France makes 700-mn-euro offer for Atos security units
2024-06-14 08:23:39
Debt-laden tech group Atos said Friday the French state has made a 700-million-euro bid for its most sensitive businesses, including cybersecurity and supercomputers used for the country's nuclear deterrent.
AI startup Perplexity wants to upend search business. News outlet Forbes says it's ripping them off
2024-06-14 08:23:39
The artificial intelligence startup Perplexity AI has raised tens of millions of dollars from the likes of Jeff Bezos and other prominent tech investors for its mission to rival Google in the business of searching for information.
Elon Musk drops lawsuit against OpenAI
2024-06-13 22:16:12
The breach of contract lawsuit was missing one important thing.
Paramount’s rumored merger with Skydance is off
2024-06-13 22:16:12
Where will Paramount Plus end up?
Boeing to check undelivered 787s due to fastener issue
2024-06-13 21:45:48
Boeing said Thursday it is examining fasteners on some undelivered 787 jets after discovering problems with their installation in the latest manufacturing shortcoming to face the company.

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