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Business news

Does AI actually boost productivity? The evidence is murky
There's been much talk recently—especially among politicians—about productivity. And for good reason: Australia's labor productivity growth sits at a 60-year low.
Business
Jul 12, 2025
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Elon Musk's X platform investigated in France for alleged data tampering and fraud
French prosecutors have launched a police investigation into alleged data tampering and fraud involving X, Elon Musk's social media platform.
Business
Jul 11, 2025
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Bitcoin tops $118,000 for the first time, and keeps on going
Bitcoin has reached an all-time high, surpassing $118,000 as a flood of money moves into spot bitcoin ETFs, which have opened up cryptocurrency investing to millions.
Business
Jul 11, 2025
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A week after layoffs linked to AI cost, Microsoft pledges $4B to AI education
Microsoft plans to donate $4 billion worth of cash, technology and training to enhance artificial intelligence education, a substantial bequest as the Redmond, Washington-based software giant aims to make billions more off ...
Business
Jul 11, 2025
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AI device startup that sued OpenAI and Jony Ive is now suing its own ex-employee over trade secrets
A secretive competition to pioneer a new way of communicating with artificial intelligence chatbots is getting a messy public airing as OpenAI fights a trademark dispute over its stealth hardware collaboration with legendary ...
Business
Jul 10, 2025
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EU unveils AI code of practice to help businesses comply with bloc's rules
The European Union on Thursday released a code of practice on general purpose artificial intelligence to help thousands of businesses in the 27-nation bloc using the technology comply with the bloc's landmark AI rule book.
Business
Jul 10, 2025
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TikTok faces fresh European privacy investigation over China data transfers
TikTok is facing a fresh European Union privacy investigation into user data sent to China, regulators said Thursday.
Business
Jul 10, 2025
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New Chrome extension makes web more accessible for neurodivergent users
If you find pop-up ads annoying, imagine how distracting they are for a person with heightened sensitivity.
Business
Jul 10, 2025
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Ghost factories are a warning sign for green manufacturing's future
The vast tract of land off Route 85 was meant to be a symbol of Made-in-America manufacturing. A billion-dollar battery factory was going to rise, bringing thousands of new jobs. The business announced, "Get Ready Arizona," ...
Business
Jul 10, 2025
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'Stuck in limbo': Over 90% of X's Community Notes unpublished, study says
More than 90 percent of X's Community Notes—a crowd-sourced verification system popularized by Elon Musk's platform—are never published, a study said Wednesday, highlighting major limits in its effectiveness as a debunking ...
Internet
Jul 10, 2025
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TSMC's half-year revenue surges 40 percent
Taiwanese chip giant TSMC reported on Thursday a 40% surge in revenue in the first six months on robust demand for AI technology.
Business
Jul 10, 2025
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Video game performers approve contract to officially end nearly yearlong strike
Unionized video game performers have overwhelmingly voted to approve a new contract with their employers.
Business
Jul 10, 2025
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Banking on AI while committed to net zero is 'magical thinking', claims report on energy costs of big tech
By 2040, the energy demands of the tech industry could be up to 25 times higher than today, with unchecked growth of data centers driven by AI expected to create surges in electricity consumption that will strain power grids ...
Business
Jul 10, 2025
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Ad blockers may be showing users more problematic ads, study finds
Ad blockers, the digital shields that nearly one billion internet users deploy to protect themselves from intrusive advertising, may be inadvertently exposing their users to more problematic content, according to a new study ...
Internet
Jul 9, 2025
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Genius Act: This new US cryptocurrency law could pave the way for the next global financial crisis
On June 17, the US Senate passed the GENIUS Act, which was seen as a big win for the cryptocurrency sector. The bill aims to regulate a type of cryptocurrency known as "stablecoins," but a closer look at the law reveals that ...
Business
Jul 9, 2025
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AI kingpin Nvidia crowned as first public company with a $4 trillion valuation
Silicon Valley chipmaker Nvidia on Wednesday became the first publicly traded company to surpass a $4 trillion market valuation, putting the latest exclamation point on the investor frenzy surrounding an artificial intelligence ...
Business
Jul 9, 2025
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X chief Yaccarino steps down after two years
Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at the helm of the Elon Musk-owned company.
Business
Jul 9, 2025
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Entrepreneur spots deepfakes for celebrities: Can he help average Joes too?
Celebrities are all too familiar with the world of deepfakes, the colloquial term for artificial-intelligence-generated videos that depict actors and other Hollywood talent falsely doing or saying things that they never agreed ...
Business
Jul 9, 2025
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Apple COO Jeff Williams retiring after 27 years with tech giant
Apple Chief Operating Officer Jeff Williams announced on July 8 he's retiring after 27 years with the tech company.
Business
Jul 9, 2025
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Investments rise in data, AI, outpacing physical assets: UN
The purchase of physical assets was eclipsed last year by a surge in investment in intangible items like software, data and AI, the UN said Wednesday, describing a "fundamental shift in how economies grow and compete."
Business
Jul 9, 2025
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