Business-news

EU hits food delivery company Delivery Hero with 329 mn-euro-fine

The EU on Monday slapped German food delivery company Delivery Hero and its Spanish subsidiary Glovo with a fine worth 329 million euros ($376 million) after they violated antitrust rules.

02/06/2025 19:03

Amazon price rules anti-competitive: German regulator

Amazon's pricing rules are an abuse of its market power, Germany's competition watchdog said Monday, paving the way for possible demands for changes to its business practices in Europe's biggest economy.

02/06/2025 19:02

Google search judge scrutinizes AI power in trial resolution

The federal judge who will decide how to limit Google's monopoly in search is considering its advantages in artificial intelligence too, and aiming to limit harm to the other players in the market with any resolution.

02/06/2025 15:00

LinkedIn cuts 281 workers in California as tech layoffs continue

LinkedIn, the professional social network where people search for work, is shedding jobs.

02/06/2025 14:51

Airlines less optimistic for 2025, facing 'headwinds': IATA

Airlines on Monday revised down their traffic and profit forecasts for 2025, citing "headwinds" for the global economy, with industry chiefs warning of the risk of increased tariffs impacting the sector.

02/06/2025 10:51

Google says to appeal online search antitrust ruling

Google said Saturday it will appeal a ruling against it for anti-competitive practices in online search, a day after urging a US judge to reject the suggestion it spin off its Chrome browser.

01/06/2025 14:00

Silicon Valley VCs navigate uncertain AI future

For Silicon Valley venture capitalists, the world has split into two camps: those with deep enough pockets to invest in artificial intelligence behemoths, and everyone else waiting to see where the AI revolution leads.

01/06/2025 13:50

As Google retreats from real estate, will it still build the 15,000 homes it promised?

When Google made its $1 billion pledge to address the Bay Area's housing shortage in 2019, the plan hinged on the company expanding its office presence in Silicon Valley.

31/05/2025 06:10

Google is going 'all in' on AI: It's part of a troubling trend in big tech

Google recently unveiled the next phase of its artificial intelligence (AI) journey: "AI mode".

31/05/2025 04:40

Google makes case for keeping Chrome browser

Google on Friday urged a US judge to reject the notion of making it spin off its Chrome browser to weaken its dominance in online search.

30/05/2025 20:31

Facebook's content moderation 'happens too late,' says research

Whether from the White House or a neighbor in your Facebook community group, a request to remove a Facebook post can prompt accusations of censorship or misinformation, or even become a meme.

30/05/2025 18:54

New research method provides deeper insights into the cost of power outages

When a series of snowstorms rocked Texas in February 2021, widespread power outages knocked out electricity service for more than 10 million people, some for more than three days. The state suffered economic losses estimated to be as high as $130 billion.

30/05/2025 18:20

Certification standards under scrutiny as Australia sets sights on green hydrogen export

In a study, Monash engineers have looked at how well Australia's main electricity market supports truly green hydrogen. The work is published in the Journal of Cleaner Production.

30/05/2025 16:00

Microsoft wants to radically change the way you surf the web

Microsoft sees artificial intelligence transforming the internet as fundamentally as mobile phones have over the past two decades. But the technology's limitations could curb Microsoft's grand vision.

30/05/2025 14:20

Court backs California Coastal Commission in fight over offshore oil operation

Just days after a Texas oil firm shocked California environmentalists and regulators by announcing the resumption of offshore oil production along the Santa Barbara County coast, a court has ordered the company to cease further construction or repairs until it obtains official approvals.

30/05/2025 14:09

Meta and Anduril join forces on battlefield tech

Meta and defense tech startup Anduril Industries on Thursday announced a partnership to build mixed reality gear for "warfighters"—soldiers—to control autonomous systems on battlefields.

29/05/2025 22:38

Boeing CEO confident US will clear higher MAX output in 2025

Boeing is eyeing approvals for significantly higher production of the 737 MAX in 2025 after US authorities allowed increased output on the 787 plane, the company's CEO said Thursday.

29/05/2025 22:30

EV battery recycling key to easing future lithium supply constraints, modeling study shows

Lightweight, powerful lithium-ion batteries are crucial for the transition to electric vehicles, and global demand for lithium is set to grow rapidly over the next 25 years. A new analysis from the University of California, Davis, published May 29 in Nature Sustainability, looks at how new mining operations and battery recycling could meet that demand. Recycling could play a big role in easing supply constraints, the researchers found.

29/05/2025 22:01

Sexual health info online is crucial for teens: Australia's new tech codes may threaten their access

Last week, organizations from Australia's online industries submitted a final draft of new industry codes aimed at protecting children from "age-inappropriate content" to the eSafety commissioner.

29/05/2025 17:23

Virtual reality has transformed design process for robotic floor-cleaners at Tennant

After Tennant figured out how to keep its plants open during the pandemic, it had a second problem to solve.

29/05/2025 16:10

The future of AI regulation: Why leashes are better than guardrails

Many policy discussions on AI safety regulation have focused on the need to establish regulatory "guardrails" to protect the public from the risks of AI technology. In a new paper published in the journal Risk Analysis, two experts argue that, instead of imposing guardrails, policymakers should demand "leashes."

29/05/2025 16:00

Netflix chairman Reed Hastings joins board of AI giant Anthropic

Netflix Chairman Reed Hastings is joining the board of San Francisco-based artificial intelligence company Anthropic.

29/05/2025 15:51

Meta AI bot used a billion times monthly: Mark Zuckerberg

Meta chief Mark Zuckerberg touted the tech firm's generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders it is used by a billion people each month across its platforms.

29/05/2025 12:10

Nvidia earnings beat expectations despite US export controls

Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared.

29/05/2025 12:05

AI personal shoppers hunt down bargain buys

Internet giants are diving deeper into e-commerce with digital aides that know shoppers' likes, let them virtually try clothes on, hunt for deals and even place orders.

29/05/2025 12:04

Longer flight delays without compensation? EU plan divides

The EU is considering allowing airlines to incur longer flight delays without having to compensate passengers in a move that has consumer groups up in arms and is dividing member states.

28/05/2025 23:30

Telegram to get $300 mn in partnership with Musk's xAI

Telegram established a partnership with Elon Musk's xAI to provide the Grok generative artificial intelligence program on the messaging service for one year, Telegram's CEO announced Wednesday.

28/05/2025 23:22

Want an advanced AI assistant? Prepare for them to be all up in your business

The growing proliferation of AI-powered chatbots has led to debates around their social roles as friend, companion or work assistant.

28/05/2025 20:07

AI to spur more music creativity, not a threat: Spotify CEO

Artificial intelligence will encourage more people to create music in the future and is not a threat to the industry, the founder and CEO of streaming giant Spotify said.

28/05/2025 17:33

Regulating AI seems like an impossible task, but ethically and economically, it's a vital one

AI has already transformed industries and the way the world works. And its development has been so rapid that it can be hard to keep up. This means that those responsible for dealing with AI's impact on issues such as safety, privacy and ethics must be equally speedy.

28/05/2025 16:03