Business

Meta reached a settlement in a landmark case over the alleged harms of social media, the plaintiffs' lawyers said Friday, leaving Snap as the only defendant in a trial set to open in Los Angeles next week.... Read more

Companies around the world are increasingly citing artificial intelligence when slashing jobs, fueling anxiety that a lot more workers may lose their livelihoods to machines.... Read more

Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarantees that has made the chip giant what some analysts describe as the central bank of the artificial intelligence boom.... Read more

DoorDash is offering $17 billion to buy Instacart in a deal that could consolidate the grocery delivery business in the U.S. and abroad.... Read more

Cornell researchers, working with upstate New York battery company Charge CCCV, also known as C4V, have developed a real-time diagnostic approach to improve one of the most expensive and time-consuming stages of lithium-ion battery manufacturing: forming the battery.... Read more

Microsoft shares popped more than 5% Wednesday afternoon after it reported better-than-expected revenue and profit, fueled by its Azure cloud computing division, which grew by 48% in the September quarter.... Read more

Shares in Google parent Alphabet fell more than 10% in after-hours trading Wednesday as the company reported lower-than-expected profit and a slowdown in its advertising business while it maintained big spending on AI.... Read more

Samsung Electronics said Thursday that its operating profit for the last quarter reached a record 107.4 trillion won ($80.5 billion), fueled by surging demand for its computer memory chips used in artificial intelligence systems.... Read more

The U.S. Federal Trade Commission said Wednesday it is ordering Delta Air Lines, Walmart and other companies to provide detailed information on how they use consumers' data when they're setting prices.... Read more

South Korea on Wednesday fined Alphabet's Google and Apple a combined 63.7 billion won ($47.6 million), saying they abused their dominance in app store markets by forcing local developers onto their own payment systems and by unfairly delaying app reviews.... Read more

The competitive gaming industry has grown rapidly over the past two decades, transforming from a niche subculture into a global phenomenon watched by millions of spectators worldwide.... Read more

Worried about your employment prospects now that the next level of artificial intelligence has arrived, accompanied by breakthroughs like ChatGPT? "Don't be," says Barry Smith, Ph.D., SUNY distinguished professor of philosophy at the University at Buffalo. "There are many things that AI does well, but there are too many areas... Read more

Dependence on digital technologies in the European Union continues to grow—despite all calls for greater digital sovereignty. Between 2010 and 2023, Europe's "Digital Dependence Index" (DDI) rose by 0.5 percentage points, while China reduced its dependence by nearly 11 percentage points and the U.S. by 6 percentage points.... Read more

No startup has ever grown so fast. In five years, Anthropic has become an AI giant valued at $1 trillion, and it is now aiming for a record-breaking stock market debut.... Read more

Norway's main media organizations said Tuesday they had taken legal action to block Meta from enforcing new user terms that they claim threaten their rights to their journalistic content.... Read more