Business

Wireless and fixed-network equipment maker Nokia on Thursday reported strong fourth-quarter results on the back of robust demand for 5G technology and an improved product portfolio.... Read more

Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last year, will keep margins higher than any other automaker.... Read more

Relatives of passengers who died in the twin Boeing 737 MAX crashes are scheduled to confront the airplane maker Thursday in a US court, some four years after the tragedies in Ethiopia and Indonesia.... Read more

IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.... Read more

German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of layoffs in the global tech sector.... Read more

Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.... Read more

Tech companies are always in the news, usually touting the next big thing. However, the tech news cycle recently hasn't been dominated by the latest gadget or innovation. Instead, layoffs are in the headlines.... Read more

Amazon's surprise decision to shut down its AmazonSmile donation program has left thousands of its nonprofit beneficiaries disappointed and concerned about finding ways to replace the funding.... Read more

Persistent supply chain woes and staffing issues led to another quarterly loss at Boeing, but the company on Wednesday confirmed its 2023 outlook amid strong aviation demand.... Read more

Amazon warehouse workers went on strike for the first time in Britain on Wednesday because of a dispute over pay and working conditions, adding to a wave of industrial labor action across the country fueled by the soaring cost of living.... Read more

British airline EasyJet hiked Wednesday its annual profit guidance after record demand and falling quarterly losses, as customers prioritise holidays and shrug off the cost-of-living crisis.... Read more

Microsoft said it's seeing some improvement to problems with its online services including the Teams messaging platform and Outlook email system after users around the world reported outages Wednesday.... Read more

Microsoft on Tuesday reported a 12% drop in profit for the October-December quarter, reflecting the economic uncertainty it said led to its decision to cut 10,000 workers.... Read more

The University of Wisconsin System has joined a number of universities across the nation that have banned the popular socail media app TikTok on school-owned devices.... Read more

3M announced Tuesday it will cut 2,500 manufacturing jobs as the industrial giant reported lower profits and offered a lackluster 2023 outlook based on weakening demand.... Read more

US concert booking website Ticketmaster was hit by a cyberattack last year that led to it botching sales for Taylor Swift's US tour, it told lawmakers on Tuesday as it apologized to the pop superstar and her fans.... Read more

The Justice Department and eight states filed an antitrust suit against Google on Tuesday, seeking to shatter its alleged monopoly on the entire ecosystem of online advertising as a hurtful burden to advertisers, consumers and even the U.S. government.... Read more

Efforts to establish a rebate program for D.C. area residents and businesses to acquire electric bicycles will help incentivize more sustainable transport as well as regional investment into sustainable transportation infrastructure, says Virginia Tech urban planning and transportation expert Ralph Buehler.... Read more

At the tail end of 2022, OpenAI released ChatGPT, a chatbot powered by the company's AI algorithm, that lit more than just the internet on fire.... Read more

Spain's labor ministry issued app-based food delivery company Glovo a new fine of 57 million euros ($62 million) on Tuesday for violating labor laws.... Read more

Twitter's British landlord said Tuesday it is taking the social media to court for not paying rent on its central London offices.... Read more

As technicians in a distant control room watch on display screens, an automated crane at one of China's busiest ports moves cargo containers from a Korean freighter to self-driving trucks in a scene tech giant Huawei sees as its future after American sanctions crushed its smartphone brand.... Read more

Elon Musk returned to the stand for a third day Tuesday in federal court in San Francisco to testify in a trial stemming from a class action lawsuit brought by Tesla investors who allege he misled them with a tweet.... Read more

The Bay Area powered to big job gains during December, an upswing that defied the effects of months of tech layoff announcements and accounted for the vast majority of California's job gains, a new report shows.... Read more

Don't blame your boss if you get laid off in a recession this year.... Read more

OSHA proposed a fine of $60,269 for Amazon after finding injury lists at three warehouses put workers at "high risk for lower back injuries and musculoskeletal disorders."... Read more

MIOIR Researchers Professor Frank Geels and Dr. Julian Gregory conducted a longitudinal analysis of coevolving contexts and company strategies in the U.K. steel industry. While the existing literature makes important analyses of the technical and economic dimensions of decarbonization pathways, it gives less attention to real-world implementation processes by the... Read more

The recent release of the ChatGPT chatbot in November 2022 has generated significant public interest. In essence, ChatGPT is an AI-powered chatbot allowing users to simulate human-like conversations with an AI.... Read more

South Africans have been battered by power shortages for several years. These have worsened to the point that towards the end of 2022 the country's electricity utility, Eskom, had only half of its power generation capacity operational.... Read more

A US judge permitted Elon Musk to amend his complaint against Twitter on Wednesday, but rejected delaying the lawsuit over the disintegration of the billionaire's deal to acquire the social media company.... Read more

In a repurposed mushroom barn in Chester County, Sycamore International Inc. recycles electronic equipment, including refurbishing 30,000 old laptops a month for resale. Steven Figgatt, Sycamore's chief executive, says his West Grove company is all about the circular economy.... Read more

Every year, large corporations spend trillions of dollars on digital transformation projects designed to firmly embed digital technologies in their business operations. These technologies include predictive analytics and decision-support systems, and have the potential to transform the traditional focus of IT from saving costs and solving technical constraints to proactively... Read more

Apple is expected to unveil the 14th series of its iconic and ubiquitous iPhone on Wednesday at its first in-person product launch event since before the coronavirus pandemic began.... Read more

A year ago, El Salvador began accepting Bitcoin as legal tender following a controversial and much criticized decision by President Nayib Bukele.... Read more

With summer vacations winding down, airlines are counting on the return of more business travelers to keep their pandemic recovery going into the fall.... Read more

Cryptocurrency mining must be less energy intensive to limit the impact on the climate, according to a new report from the Imperial College London Business School.... Read more

Irish regulators are slapping Instagram with a big fine after an investigation found the social media platform mishandled teenagers' personal information in violation of strict European Union data privacy rules.... Read more

Amid the continuous noise about cryptocurrencies, it's often hard to pick out what really matters. However this month, if all goes to plan, the energy-hungry digital sector will undergo its biggest shake-up in years.... Read more

Cryptocurrency critics, including economists and researchers, will gather in London and online this week to get their message across to regulators about the booming but volatile sector.... Read more

Google allowed social media network Parler back into its Play Store Friday, more than a year after banning the platform popular with conservatives in the wake of the insurrection at the US Capitol.... Read more

The Federal Trade Commission is investigating Amazon's $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of the deal.... Read more

House Republicans are demanding that Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg hand over FBI warnings and communications that led Facebook to suppress news about President Joe Biden's son weeks before the 2020 election.... Read more

A year into the pandemic, Evan Spiegel was flying high. The chief executive of Snap said annual revenue growth of 50% or more was a "steady state opportunity" for the social media company, requiring no additional gains in audience or innovation.... Read more

On Aug. 9, President Joe Biden signed into law the CHIPS and Science Act, which invests $52 billion in domestic semiconductor manufacturing through tax credits, as well as supports STEM research and education initiatives through the National Science Foundation.... Read more

It was all quite predictable, really. Meta, Facebook's parent company, released the latest version of its groundbreaking AI chatbot in August 2022. Immediately, journalists around the world began peppering the system, called BlenderBot3, with questions about Facebook. Hilarity ensued.... Read more

This week, the Australian Energy Market Operator warned gaps in electricity supply are likely within three years.... Read more

A US official Thursday rejected Amazon's efforts to overturn a worker vote in favor of unionization at a New York warehouse, dismissing the retailer's election complaints as groundless.... Read more

A new U.S. tax credit aimed at encouraging Americans to buy electric vehicles may backfire and limit choices for consumers because of concerns it's weighed against European Union manufacturers, the EU trade chief said Thursday.... Read more

T-Mobile has laid off several workers in engineering and network jobs this week as part of a restructuring program after the company's merger with Sprint two years ago.... Read more

The U.S. Department of Commerce's National Institute of Standards and Technology (NIST) has released a report outlining seven strategic "grand challenges" in measurement, standardization, and modeling and simulation that, if met, will strengthen the U.S. semiconductor industry.... Read more