Business

Google will pay $1.4 billion to Texas to settle claims the company collected users' data without permission, the state's attorney general announced Friday.... Read more

Tech leaders representing four major players in artificial intelligence appeared before Congress on May 8, urging looser regulation and heavier investment in energy to support the technology's growth.... Read more

The founder and former CEO of bankrupt cryptocurrency trading platform Celsius, Alexander Mashinsky, was sentenced Thursday to 12 years in prison on fraud charges.... Read more

Microsoft co-founder Bill Gates announced Thursday an accelerated timeframe for giving away his fortune as he touted artificial intelligence as a game-changer to boost public health and save lives globally.... Read more

When the first cryptocurrency, Bitcoin, was proposed in 2008, the goal was simple: to create a digital currency free from banks and governments. Over time, that idea evolved into something much bigger: "decentralized finance," or "DeFi."... Read more

The Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions that have drawn strong opposition from major tech companies and foreign governments, according to people familiar with the matter.... Read more

Sam Altman's reputation for spin was out in full force this week in a published "letter to employees" announcing that he was abandoning plans to turn OpenAI into a for-profit company. Instead, it will "continue to be overseen and controlled" by its nonprofit board.... Read more

Apple Inc. is "actively looking at" revamping the Safari web browser on its devices to focus on AI-powered search engines, a seismic shift for the industry hastened by the potential end of a longtime partnership with Google.... Read more

As Donald Trump threatens a second wave of 'reciprocal tariffs'—not just on China, but on Southeast Asian countries allegedly helping Beijing dodge US sanctions—a new chapter in the global chip war is unfolding.... Read more

The Port of Rotterdam and the Fraunhofer Institute for Solar Energy Systems ISE are working with Australian partners to investigate opportunities for Western Australia to become a world-class producer, user and exporter of renewable hydrogen. Western Australia could provide for a substantial portion of the European demand for hydrogen in... Read more

Last week, Meta—the parent company of Facebook, Instagram, Threads and WhatsApp—unveiled a new "personal artificial intelligence (AI)."... Read more

Google last year began offering some artificial intelligence firms a way to anchor chatbot responses in its search results, but still reserves key features for its own AI service, Gemini, a company executive testified.... Read more

A US jury on Tuesday handed WhatsApp a major victory in its cyberespionage suit against NSO Group, ordering the Israel-based firm to pay some $168 million in damages.... Read more

The European Union launched the NextGenerationEU recovery plan in 2020 to address the economic crisis caused by the COVID pandemic. In Spain, this plan has taken the form of investments that aim to increase productivity and growth, transitioning towards a greener, more digital and inclusive society. These objectives are aligned... Read more

The hospitality industry can leverage the gender characteristics of service robots to influence customers' decisions, according to new research from a team in the Penn State School of Hospitality Management.... Read more