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Business & Finance

  • US regulator, 22 states accuse Amazon of 'manipulating' ad auctions: Lawsuit
    The U.S. Federal Trade Commission (FTC) and 22 states sued Amazon on Monday for allegedly "manipulating" online auctions for digital advertising, resulting in more than $20 billion in overcharges for 1.2 million customers.... Read more
  • US to press G20 on light-touch AI regulation
    Tech bosses including Elon Musk, Nvidia's Jensen Huang and OpenAI's Sam Altman are participating in a G20 meeting in North Carolina this week amid a global debate on how governments should address the dangers of artificial intelligence.... Read more
  • Apple CEO Tim Cook gives nod to founder Steve Jobs in final memo
    Apple's chief executive Tim Cook bid farewell to the tech giant on Monday, paying tribute to founder Steve Jobs and praising staff as "extraordinary" as he passed the baton to incoming CEO John Ternus.... Read more
  • ChatGPT becomes first AI chatbot to face tougher EU rules
    ChatGPT will have to comply with tougher safety rules after the EU added it Monday to a list of digital services subject to greater legal scrutiny in Europe, a first for an AI chatbot.... Read more
  • Where is AI headed? Two media theorists from the 1960s can help us figure it out
    The 1960s were a time of great change in technology, culture and politics. Television was radically altering the media environment, and nobody was quite sure how to think about it.... Read more
  • John Ternus to lead Apple into the age of AI
    John Ternus takes over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone market but trails its rivals in artificial intelligence.... Read more
  • Those who understand AI better are more afraid of losing their jobs
    Whether employees are worried about losing their jobs to AI depends largely on their knowledge of artificial intelligence—and on the extent to which their work can be digitized. This is one of the findings of the latest AI Monitor published by TU Darmstadt, based on a representative survey of more... Read more
  • Guns, drugs and car chases: GTA 6 preview lands on Netflix after leaks
    Rockstar Games on Thursday launched, for the first time on Netflix, a preview of its hotly anticipated next installment in the Grand Theft Auto franchise, which will be released in November after a monthslong delay and recent leaks.... Read more
  • 'End of an era': Players lament decline of the disc at Gamescom
    Some video game fans are flabbergasted at Sony's decision, announced at Germany's Gamescom trade show, to discontinue disc sales starting in 2028—leading to calls for a boycott.... Read more
  • US court rules Pentagon ban on Anthropic unlawful
    A U.S. federal judge ruled Thursday that sanctions imposed by the Trump administration against AI giant Anthropic were illegal, finding that the government punished the company in a dispute over military use of its technology.... Read more
  • I surveyed workers to see if AI had caused job losses and was surprised by the findings
    Do artificial intelligence tools such as ChatGPT eliminate jobs, create new ones or both? There's a lot of speculation regarding this question, but little solid data in the U.S. to answer it.... Read more
  • Meta settlement puts social media industry on notice: 'There will be more'
    Wednesday's historic settlement between Meta and dozens of U.S. states could be just the start of a wave that will ripple across the social media industry, putting TikTok, YouTube and Snap under pressure to make similar changes to their apps for teens.... Read more
  • Nvidia to buy AI platform Hugging Face for $12.9 billion: Report
    Nvidia is set to buy artificial intelligence platform Hugging Face for $12.9 billion, news outlet The Information reported Wednesday, as the U.S. chipmaking giant seeks to diversify.... Read more
  • Time limits and a midnight cutoff: Meta's new rules for kids go further, but critics say not enough
    Kids under 18 will soon see a host of changes to their Instagram and Facebook experiences thanks to a historic $18 billion settlement Meta Platforms reached Wednesday with 48 U.S. states.... Read more
  • Meta, U.S. states agree $18 bn settlement in landmark teen safety case
    Meta agreed to pay a coalition of U.S. states as much as $16.7 billion and to impose sweeping new limits on how teenagers use Facebook and Instagram, according to a court filing Wednesday that ends a landmark trial in California.... Read more

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