Business News

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.

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.

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 artificial intelligence companies are dwarfed in wealth and cachet by US giants like OpenAI and Anthropic and their charismatic leaders.

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 on Wednesday announced a deal to let ChatGPT-maker OpenAI use content from its publications in artificial intelligence products.

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.

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.

On The Vergecast: AI laptops, smart home gadgets, and Google Search.

Several key OpenAI researchers have resigned over safety concerns.

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 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.

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.

"An engine reborn." That's how Japanese automaker Toyota introduced plans to cast a futuristic spin on the traditional internal combustion engine.

"The Garfield Movie" is a kitty with claws it seems ... 'cause the movie's taking out the competition left and right -- including the epic action movie "Mad Max: Furiosa" though there's trouble on the horizon.

Google on Friday said it is taking "swift action" to improve AI summaries of search results, after users mocked blunders like Barack Obama being the first Muslim US president.

The conflict between Apple and its Reston retail store union members is on full display in a new video, highlighting negotiation struggles, discipline disparities, and more.

Chile's state-owned copper giant Codelco signed a deal Friday with SQM to nearly double the private mining firm's current extraction of lithium, a key mineral for the global switch to cleaner energy.

U.S. Energy Secretary Jennifer Granholm on Friday called for more nuclear reactors to be built in the United States and worldwide. But the CEO of the Georgia utility that just finished the first two scratch-built American reactors in a generation at a cost of nearly $35 billion says his company isn't ready to pick up that baton.

A second shareholder advisory firm has come out against reinstating a pay package for Tesla CEO Elon Musk that was voided earlier this year by a Delaware judge.