Business News

Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest from the hugely popular video platform or have it banned in the United States.

Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this crucial market.

Ever since the ancient Egyptians hammered two pieces of gold together until they fused, the art of welding has continuously progressed.

Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion (US$11 billion), for a massive new EV battery and vehicle assembly plant.

A green industrial future for Europe may depend on an element that is part of a household staple: table salt. Dr. John Abou-Rjeily, a researcher at Tiamat Energy in France, is using sodium to develop rechargeable batteries. Sodium is a part of sodium chloride, an ionic compound that is the technical name for ordinary salt.

Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive.

Street Fighter 6 continues to be a huge seller for Capcom, and it was joined by Dragon's Dogma 2 selling a few million units as well.

American Airlines reported a quarterly loss Thursday on an uptick in labor and other operating costs as the carrier confirmed its full-year financial forecast.

You could also get a refund for delayed checked bags.

Meta is thinking about a lot of ways to make money from its new ChatGPT competitor, including ads and subscriptions.

On The Vergecast: TikTok bans, Tesla earnings, and the Rabbit R1.

Microsoft is focusing on security as a top priority.

One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their latest designs and high-tech accessories to consumers in the fiercely competitive market.

Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, the White House said Thursday.

Chinese car giants locked in a cut-throat price war descended on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.

British competition regulators said Wednesday they'll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry.

Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.

Oracle Corp.'s planned campus in Nashville, Tennessee, will serve as the business software giant's world headquarters, placing it in a city that's a center for the U.S. health care industry, CEO Larry Ellison said.

Tech giant Cisco Systems on Wednesday joined Microsoft and IBM in signing onto a Vatican-sponsored pledge to ensure artificial intelligence is developed and used ethically and to benefit the common good.