Business news

Widespread non-compliance found in loot box advertising disclosure rules in the UK and South Korea

A new study has found overwhelming (90%+) non-compliance with mandatory advertising disclosure requirements for gambling-like loot boxes in video games, raising concerns about consumer protection enforcement in both the United Kingdom and South Korea.

30/06/2025 23:17

GoFundMe is refurbishing a little-known financial tool in a bid to supercharge everyday giving

GoFundMe CEO Tim Cadogan had some complications while fundraising on his own website last fall.

30/06/2025 19:02

Meta spending big on AI talent but will it pay off?

Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom of the spree.

30/06/2025 18:46

Federal judge denies OpenAI bid to keep deleting data amid newspaper copyright lawsuit

A federal judge has upheld a ruling directing OpenAI to preserve logs and data slated for deletion after news outlets, including the Daily News, suing the technology giant, accused the company of hiding evidence of copyright infringement.

30/06/2025 15:30

Nvidia breakout puts $4 trillion market value within reach

Two years after Nvidia Corp. made history by becoming the first chipmaker to achieve a $1 trillion market capitalization, an even more remarkable milestone is within its grasp: becoming the first company to reach $4 trillion.

30/06/2025 15:20

Trump says 'very wealthy' group to buy TikTok

President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United States due to its China ties, adding he could name the purchasers in two weeks.

29/06/2025 20:04

First study surveys surviving pilots to understand causes of in-flight loss of control

On average, four planes crash each day in the United States with almost all of aircraft involved being single-engine planes. One in five of those crashes were caused by in-flight loss of control, defined by the Federal Aviation Administration as "unintended departure of an aircraft from controlled flight." Nearly half of accidents caused by in-flight loss of control are fatal.

27/06/2025 18:28

Facing EU deadline, Apple announces App Store changes

Apple announced changes to its App Store payment rules in Europe as it hit a Thursday deadline to address accusations of breaking EU digital competition rules—or face steep new daily fines.

27/06/2025 12:20

Roblox's Grow a Garden explodes online video game numbers

A gardening game created by a teenager on online platform Roblox has attracted a record 21 million simultaneous players, a figure rarely seen in the industry.

26/06/2025 20:10

More refunds are being sent to Fortnite players 'tricked' into unwanted purchases. How you can apply

The U.S. Federal Trade Commission is sending out the latest round of refunds to consumers it says were "tricked" into purchases they didn't want from Fortnite maker Epic Games—and eligible players who haven't been compensated yet still have time to apply.

26/06/2025 20:00

Reports of coming layoffs swirl at Microsoft as workers worry they're next

Microsoft employees aren't getting much time to take a breath between layoff rounds as thousands could be let go in early July, according to news reports.

26/06/2025 13:30

Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows

The United States is trying to decouple its economy from rivals like China. Efforts toward this include policymakers raising tariffs on Chinese goods, blocking exports of advanced technology and offering subsidies to boost American manufacturing. The goal is to reduce reliance on China for critical products in hopes that this will also protect U.S. intellectual property from theft.

25/06/2025 18:51

US judge backs using copyrighted books to train AI

A US federal judge has sided with Anthropic regarding training its artificial intelligence models on copyrighted books without authors' permission, a decision with the potential to set a major legal precedent in AI deployment.

24/06/2025 23:03

UK antitrust watchdog says Google may have to offer rival search options

Google could be forced to let British users choose whether to use rival search services, the country's antitrust watchdog said Tuesday as it proposed using new digital regulations to boost competition.

24/06/2025 20:30

EU lawmakers vote to bar carry-on luggage fees on planes

European lawmakers pushed on Tuesday to ban airlines from charging passengers for small carry-on luggage in a move strongly opposed by the aviation sector.

24/06/2025 20:16

To shape tech standards, expert suggests cooperating with competitors

During the 1970s and '80s, people who watched movies at home had to choose between two incompatible formats: Betamax, invented by Sony, and VHS, created by JVC. Although many considered VHS technologically inferior, it won out in the end, partly because it allied with a larger network of film and television companies.

24/06/2025 20:00

Green hydrogen transition 'tough but necessary'

A new report highlights the difficulty of kickstarting "green hydrogen" production—an essential step to decarbonizing some parts of the global economy.

24/06/2025 16:06

UK aims to tackle Google dominance of online search

Britain's competition watchdog on Tuesday proposed measures aimed at tackling Google's dominance in online search, with the US tech giant warning that "punitive regulations" could impact UK economic growth.

24/06/2025 12:20

OpenAI scrubs mention of Jony Ive partnership after judge's ruling over trademark dispute

A budding partnership between OpenAI CEO Sam Altman and legendary iPhone designer Jony Ive to develop a new artificial intelligence hardware product has hit a legal snag after a federal judge ruled they must temporarily stop marketing the new venture.

23/06/2025 22:38

Here's why the public needs to challenge the 'good AI' myth pushed by tech companies

While there's been much negative discussion about AI, including about the possibility that it will take over the world, the public is also being bombarded with positive messages about the technology, and what it can do.

23/06/2025 21:42

New research reveals Uber's algorithmic pricing leaves drivers and passengers worse off

A new study from researchers in the University of Oxford's Department of Computer Science has found that Uber's use of dynamic pricing has led to higher fares for passengers and lower earnings for drivers, while increasing Uber's share of revenue.

23/06/2025 20:38

TikTok ban delayed for third time—experts aren't surprised

The TikTok ban has been delayed. Again.

23/06/2025 19:56

WhatsApp introducing advertising is a potentially lucrative but risky move

The decision to start advertising on WhatsApp marks a major shift for a private messaging service that has long positioned itself as being different from other social media platforms.

23/06/2025 17:44

Study finds curated 'starter packs' fueled rapid user growth on Bluesky

'Starter packs'—curated user lists that new users can follow with a single click—played a key role in helping Bluesky grow to over 30 million users, according to a new study.

21/06/2025 13:12

Machine learning model predicts heat-resistant steel durability while preserving data confidentiality

NIMS and its collaborators have developed a model designed to predict the long-term durability of a range of heat-resistant steel materials by performing machine learning while preserving the confidentiality of each organization's data. This research is published in Tetsu-to-Hagané.

20/06/2025 20:42

Music streaming service Deezer adds AI song tags in fight against fraud

Music streaming service Deezer said Friday that it will start flagging albums with AI-generated songs, part of its fight against streaming fraudsters.

20/06/2025 17:11

Trump extends deadline for TikTok sale by 90 days

President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States.

19/06/2025 20:10

Hyper-realistic AI technology creates avatars from a single photo

Electronics and Telecommunications Research Institute (ETRI) has developed hyper-realistic AI technology that can create an avatar that speaks naturally like a real person using only a single portrait photo.

19/06/2025 18:32

Train a virtual dragon? Film studios turn to Roblox and other games to reach young fans

Surrounded by virtual cliffs and a cascading waterfall, dragon riders on Roblox's massive online gaming platform immerse themselves in a memorable scene from "How to Train Your Dragon."

19/06/2025 17:30

Tinder bets on group dating feature to win back Gen Z

Tired of navigating the online dating landscape alone? Now you can swipe right along with friends.

19/06/2025 17:20