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Business & Finance

  • TikTok to pay $400 million settlement in U.S. children's privacy case
    TikTok has agreed to pay $400 million to settle a lawsuit with the U.S. Department of Justice over claims that the video-sharing platform violated federal children's privacy laws, the department announced Friday.... Read more
  • Uber fined nearly $1 billion by Dutch regulators over automated suspensions of driver accounts
    Dutch data protection authorities have fined Uber nearly $1 billion, saying the ride-hailing company used automated software to suspend driver accounts, sometimes permanently, with no human review to check for mistakes.... Read more
  • AI-generated ads outperform human designers in live campaign, advantage holds 18 months later
    The common belief throughout the marketing and advertising world is that generative AI can produce striking visuals, but it struggles to match the performance and brand discipline of skilled human designers. New research published in the journal Marketing Science challenges that assumption, finding that a carefully designed AI system can... Read more
  • When the algorithm determines wages
    What happens when companies on digital labor platforms no longer decide for themselves how much to pay their workers, but leave this to learning algorithms? Researchers at TU Darmstadt, Bielefeld University and the Université Côte d'Azur have demonstrated in computer simulations that, where only a few firms compete with one... Read more
  • How can EU battery regulations help improve global sustainability governance in other sectors?
    In a new paper, researchers explain how EU battery regulations can help lay the groundwork for a widely shared evidentiary system for global sustainability governance.... Read more
  • Some of Meta's safety tools were 'designed to fail': Witness
    A former employee testified Wednesday that some of Meta's safety tools for Facebook and Instagram were "designed to fail," contradicting the company's defense strategy in a landmark trial in California.... Read more
  • When AI art has no author: Study finds generated images often can't be traced to training data
    When an artificial intelligence image generator produces a portrait, whose work went into it? The question sits at the center of lawsuits, licensing deals and proposed regulations worldwide. Artists want credit. Companies want clarity. Policymakers want a way to assign responsibility.... Read more
  • Workplace AI learns to read more like humans by breaking documents into multiple levels
    Modern artificial intelligence (AI) platforms can summarize reports, analyze documents and answer questions in seconds. But when information is spread across dozens of slides, charts and tables, even advanced models can miss important details.... Read more
  • AI creates new jobs in over half of UK firms: Study
    Artificial intelligence has created new jobs in more than half of UK firms, according to a study by British bank Lloyds released Tuesday, even as fears about its impact on employment grow.... Read more
  • Meta hooked children and misled the public: Prosecutors
    Meta hooked and exploited children, a federal court heard Tuesday in the trial of the social media giant on charges that it deliberately made Instagram and Facebook addictive to young users.... Read more
  • China's Baidu, betting on AI, posts fifth straight quarterly revenue drop
    Baidu posted a fifth straight drop in quarterly revenue on Tuesday as the Chinese tech giant expressed confidence in its transition to artificial intelligence services to drive long-term growth.... Read more
  • AI can help make complex IPO filings easier to analyze
    For investors trying to make sense of a company going public, one of the most important documents is often the most difficult to understand. Initial public offering (IPO) filings are dense disclosures submitted to the U.S. Securities and Exchange Commission. They can stretch hundreds of pages and combine legal language,... Read more
  • Who gets credit when AI joins the team? Rethinking what it means to own an idea
    A few months ago, AI made headlines for cracking a mathematical puzzle that had stumped experts for decades. Mathematician Paul Erdős posed the unit-distance conjecture, predicting how many pairs of points could lie the same distance apart. AI proved it wrong by tracking down a group of infinite counterexamples to... Read more
  • Twitch sparks gamers' wrath with Amazon AI sharing deal
    Livestream gaming giant Twitch has raised hackles among its millions of users after declaring it will share their data with its parent company, Amazon, to better train the online retailer's AI models.... Read more
  • Layoffs tied to AI hurt worker productivity, and the reason may surprise managers
    Business leaders and investors face a deepening paradox: Companies are pouring more money into artificial intelligence than ever, but they're not seeing the productivity gains they expect.... Read more

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