Business News

Australia engaging with Ticketmaster over hacking 'incident'
2024-05-30 08:57:17
The Australian government was on Thursday investigating claims by a hacking group to have stolen the details of 560 million customers from global events giant Ticketmaster, with the FBI offering its assistance.
EU seeks roadblocks for Chinese EVs without sparking trade war
2024-05-30 08:57:17
The EU faces a delicate balancing act as it prepares to rev up taxes on Chinese electric cars to protect European industry, while steering clear of a US-style showdown with Beijing that could spark a trade war.
Iran iPhone users signal dismay over new models ban
2024-05-30 08:20:09
At a Tehran cafe, Hamid waves his mobile around hoping to latch onto a faint signal and thus bypass Iran's stringent ban on the latest models of iPhone.
Fears over future of the car industry as sales fall and spare parts become scarce
2024-05-30 04:14:26
Much money and time has been spent recently persuading people not to be so reliant on cars. And there are certainly good reasons—for our health and the environment—to move about more on foot, by bike or on trains.
Google's AI Overview: 'They might be cannibalizing their own revenue stream,' expert says
2024-05-30 04:08:53
Google recently unveiled its overhauled search engine that includes several features powered by artificial intelligence. One of those features, AI Overview, provides users with more direct answers to their queries.
American Airlines shares sink as it lowers demand outlook
2024-05-30 04:08:49
Shares of American Airlines dove Wednesday after it lowered its profit outlook, citing weaker demand and a troubled booking system upgrade.
Singapore Airlines jet endured huge swings in gravitational force during turbulence, report says
2024-05-30 04:08:48
The Singapore Airlines jetliner that hit severe turbulence last week went through huge swings in gravitational force in less than five seconds, likely causing the injuries to people who weren't buckled into their seats, according to a preliminary report Wednesday by Singapore's Transport Ministry.
Guinea-Bissau uses blockchain to manage public finances: IMF
2024-05-30 04:08:48
Guinea-Bissau has launched a blockchain platform to manage civil servants' salaries and boost transparency in the corruption-plagued country, the International Monetary Fund (IMF) said Wednesday.
Verizon’s latest streaming deal is a $10 monthly YouTube Premium subscription
2024-05-30 03:19:13
It’s about $4 cheaper.
Leading AI firms pledge 'responsible' tech development
2024-05-22 07:42:38
More than a dozen of the world's leading artificial intelligence firms pledged at a global summit on Wednesday to develop and use their technology safely, as concern rises over the lack of safeguards for ChatGPT-style AI systems.
Using AI, Mastercard expects to find compromised cards quicker, before they get used by criminals
2024-05-22 07:12:03
Mastercard said Wednesday that it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal.
Electric cars: Swappable batteries could be the way to revive flagging sales
2024-05-22 05:04:51
The rate of adoption of electric vehicles (EVs) in western countries continues to wane. In the UK, EVs' market share of all new cars for 2024 will barely hit 20%, somewhat below the government goal of 22%. New car registrations of hybrid cars have grown at almost double the rate of battery EVs in the first four months of the year.
Apple appeals huge EU fine for music streaming restrictions
2024-05-22 05:04:51
Apple is challenging a 1.8 billion-euro ($1.9-billion) fine by the European Union for thwarting access to information about cheaper music streaming services, an EU court said Tuesday.
At last, Australia has fuel efficiency standards—but they're weaker than they could have been
2024-05-22 05:04:50
After decades of debate and no action, Australia's New Vehicle Efficiency Standard has finally passed federal parliament. It will apply to new cars sold from July next year.
Will government investment make green hydrogen a reality in Australia?
2024-05-22 04:51:25
In the budget last week, the government was keen to talk about its efforts to turn Australia into a renewable superpower under the umbrella of the Future Made in Australia policies.
New report highlights many unknowns in green hydrogen plans across California
2024-05-21 22:26:51
Officials throughout the state of California have developed plans to start deploying green hydrogen at scale in the coming decade in order to reach California's 2045 climate neutrality targets. A new analysis, published by scientists at PSE Healthy Energy, finds that while certain applications of green hydrogen may present opportunities to lower greenhouse gas emissions, many challenges remain and misalignments between current proposals could undermine progress toward state climate goals.
Bubbles create better sound environments in open offices
2024-05-21 19:42:10
Over the past 20 years, most indoor work spaces have transitioned from individual offices where one could close the door, to open work spaces where many share the same space. A new doctoral thesis from the University West examines whether the increasingly poor sound environment can be made more pleasant through innovative sound design.
Seoul AI summit opens with companies including Google, Meta, OpenAI pledging to develop AI safely
2024-05-21 14:23:36
The world's leading artificial intelligence companies pledged at the start of a mini summit on AI to develop the technology safely, including pulling the plug if they can't rein in the most extreme risks.
16 top AI firms make new safety commitments at Seoul summit
2024-05-21 12:55:27
More than a dozen of the world's leading artificial intelligence firms made fresh safety commitments at a global summit in Seoul on Tuesday, the British government said in a statement.
Corn, millet and ... rooftop solar? Farm family's newest crop shows China's solar ascendancy
2024-05-21 08:06:57
Shi Mei and her husband earn a decent enough living by growing corn and millet on their small farm in eastern China's Shandong province. In 2021, they diversified by investing in solar energy—signing a contract to mount some 40 panels on their roof to feed energy to the grid.

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