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Business & Finance

  • Workers need better tools and tech to boost productivity. Why aren't companies stepping up to invest?
    As Prime Minister Anthony Albanese and Treasurer Jim Chalmers turn their attention to improving productivity growth across the economy, it will be interesting to see what the business community brings to a planned summit in August.... Read more
  • Meta makes major investment in Scale AI, takes in CEO
    Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.... Read more
  • 'We're done with Teams': German state hits uninstall on Microsoft
    At a time of growing concern over the power of the world's mighty tech companies, one German state is turning its back on US giant Microsoft.... Read more
  • Anthropic says looking to power European tech with hiring push
    American AI giant Anthropic aims to boost the European tech ecosystem as it expands on the continent, product chief Mike Krieger told AFP Thursday at the Vivatech trade fair in Paris.... Read more
  • Should global media giants shape our cultural and media policy? Lessons from satellite radio
    Debates about regulating Canadian content for streaming media platforms are ongoing, and key issues include revising the definition of Canadian content for audio and visual cultural productions and whether big streaming companies would be mandated to follow new Canadian Radio-television and Telecommunications Commission (CRTC) policies.... Read more
  • Lithium supply will fall short of growing electric vehicle demand through 2029, analysis finds
    In a study published in Cell Reports Sustainability, researchers conducted the most comprehensive analysis to date on lithium supply and demand in China, Europe, and the U.S. Despite the fact that domestic lithium production in some of these regions could grow as much as 10 times by 2030, it would... Read more
  • From fishing family to Big Tech: French CEO takes on Silicon Valley
    At just 39 years old, Fidji Simo is poised to become OpenAI's second-in-command after leaving her mark at two other major tech firms, including Meta.... Read more
  • Nairobi startup's bid to be 'operating system for global South'
    Away from the heady rush to build ultra-capable, sci-fi style artificial intelligence in Silicon Valley, ambitious Nairobi-based startup Amini AI is betting on the technology addressing emerging countries' prosaic problems in the here and now.... Read more
  • EU crypto regulation hampered by national flaws
    The first EU-wide cryptocurrency regulation was meant to impose some harmony, but disparities in implementation by member countries has allowed companies to exploit a flaw in the system.... Read more
  • Google offers buyouts to more workers amid AI-driven tech upheaval and antitrust uncertainty
    Google has offered buyouts to another swath of its workforce across several key divisions in a fresh round of cost cutting coming ahead of a court decision that could order a breakup of its internet empire. The Mountain View, California, company confirmed the streamlining that was reported by several news... Read more
  • Disney, Universal launch first major studio lawsuit against AI company
    Entertainment giants Disney and Universal filed a copyright infringement lawsuit Wednesday against AI company Midjourney, calling the image generator a "bottomless pit of plagiarism."... Read more
  • Smart payments could be the key to reviving bus travel
    In a study published in Public Transport, researchers simulated improvements in areas like payment convenience and real-time service updates. The study found that these tech-driven changes could boost bus ridership by over 30%.... Read more
  • The AI hype is just like the blockchain frenzy—here's what happens when the hype dies
    In recent years, artificial intelligence (AI) has taken center stage across various industries. From AI-generated art to chatbots in customer service, every sector is seemingly poised for disruption.... Read more
  • Wearing a computer on your face? Snap looks to take on rivals with new augmented reality glasses
    For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.... Read more
  • Nintendo's Switch 2 scores record early sales
    The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days, Nintendo said Wednesday.... Read more

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