Business News

Many Americans still shying away from EVs despite Biden push, poll finds
2024-06-04 09:39:21
Many Americans still aren't sold on going electric for their next car purchase. High prices and a lack of easy-to-find charging stations are major sticking points, a new poll shows.
TSMC votes for chief executive CC Wei to also become chairman
2024-06-04 09:39:21
TSMC's board of directors on Tuesday unanimously elected chief executive CC Wei to succeed Mark Liu as chairman of the chip titan.
X formally allows X-rated content on platform
2024-06-03 19:51:23
Elon Musk's X, formerly Twitter, has updated its rules to officially allow adult and graphic content on the platform.
GM promotes 2 former Apple executives to key roles in developing software and digital services
2024-06-03 19:51:23
General Motors has promoted two former Apple executives to run its software and services operations as it ramps up efforts to develop and market electric, autonomous and connected vehicles.
Australian workers are invisible bystanders in the adoption of AI, study finds
2024-06-03 19:51:23
A major Australian study of worker experience of AI has found workers are being ignored in the development of new tools and processes, leaving them, their employers, and the broader public exposed to increased risks and missed opportunities.
Lufthansa made to pay $775 mn in US flight refunds
2024-06-03 19:51:23
The US Department of Transportation said Monday that three airlines including German carrier Lufthansa have been made to pay over $900 million in passenger refunds due to pandemic-related flight cancellations or changes.
Why the US oil majors may end up doing more for the green transition than their more progressive European rivals
2024-06-03 16:49:57
The energy transition is not on track to mitigate the effects of climate change. Take the case of Shell, whose shareholders recently voted to decelerate the UK-based oil giant's climate targets. Shell had planned to cut its "net carbon intensity" by 20% by 2030 and 45% by 2035, but now seeks a 15%-to-20% reduction by 2030 and no longer has a 2035 target.
Community broadband provides a local solution for a global problem
2024-06-03 16:29:01
According to a 2023 study by the International Telecommunications Union, approximately 2.6 billion people are unconnected to the internet. It's a staggering figure.
US lawmakers seek to clean up crypto regulation 'food fight'
2024-06-03 16:28:48
The US House of Representatives on Wednesday adopted a bill that would create a new legal framework for digital currencies, in a move cheered by crypto supporters but opposed by consumer groups who say it fails to protect investors.
Europe's AI stars step out of US shadow
2024-06-03 16:28:48
Europe's artificial intelligence companies are dwarfed in wealth and cachet by US giants like OpenAI and Anthropic and their charismatic leaders.
EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai
2024-06-03 16:28:48
Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday.
News Corp makes deal to let OpenAI use its content
2024-06-03 16:28:48
News Corp on Wednesday announced a deal to let ChatGPT-maker OpenAI use content from its publications in artificial intelligence products.
Embarrassing Qualcomm ad claims 'I'm a Mac' actor is switching to Windows ARM over notifications
2024-06-03 15:29:38
Actor Justin Long now stars in a painful Qualcomm ad that requires you to remember "I'm a Mac," care about it, and fathom what his coffee mug means.
How Napster created a monster that became bigger than the music industry
2024-06-03 13:51:46
Musicians are furious that new tech has gutted their income. Record labels are wary, yet eager to cut deals with ascendant platforms. Fans are delighted to access songs for a pittance, even as they're screwing over beloved artists.
Why Microsoft bet on Surface
2024-06-03 12:13:37
On The Vergecast: AI laptops, smart home gadgets, and Google Search.
OpenAI has a new safety team — it’s run by Sam Altman
2024-06-03 12:13:37
Several key OpenAI researchers have resigned over safety concerns.
Microsoft to invest $3.2 bn in AI in Sweden
2024-06-03 10:32:28
Microsoft said Monday it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, its biggest investment in the country.
Airlines eye 'new frontier' of AI ahead of global summit
2024-06-03 10:32:27
Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionizing the way they do business.
Nvidia boss, top chip CEOs to lay out AI plans at Taiwan expo
2024-06-02 13:25:02
The world's biggest heavyweights in chipmaking and artificial intelligence will converge this week for Taiwan's premier tech expo, with Nvidia CEO Jensen Huang expected to get a rockstar reception at his keynote speech on Sunday.
Toyota shows 'an engine reborn' with green fuel despite global push for battery electric cars
2024-06-02 10:07:24
"An engine reborn." That's how Japanese automaker Toyota introduced plans to cast a futuristic spin on the traditional internal combustion engine.

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