Business

Blockchain cybersecurity firm Elliptic says Tudou Guarantee, a major Telegram-based illicit marketplace operating in Southeast Asia, has stopped transactions in its public groups after processing more than $12 billion, raising…

Private equity firm Everstone Capital is combining India’s Wingify and France’s AB Tasty to create a digital experience optimization company with more than $100 million in annual revenue, just a…

Meta has scaled back its long-running push into virtual reality, laying off roughly 1,500 employees from its Reality Labs division and shutting down several internal VR game studios, according to…

As President Donald Trump continues to argue that the United States needs to control Greenland, Washington has moved to strengthen its presence in the Arctic by ordering new icebreakers, turning…

Elon Musk is seeking between $79 billion and $134 billion in damages from OpenAI and Microsoft, alleging that the AI company defrauded him by abandoning its original nonprofit mission, according…

Elon Musk’s AI company xAI has been operating dozens of natural gas turbines without proper permits to power its Colossus data centers in Tennessee, the US Environmental Protection Agency ruled…

YouTube is updating its advertiser-friendly content guidelines to allow more videos that discuss controversial issues to earn full ad revenue, provided the material is presented in a non-graphic or dramatized…

Anthropic has appointed Irina Ghose, the former managing director of Microsoft India, to lead its India business as the US-based AI startup prepares to open an office in Bengaluru. The…

Italy’s competition regulator has opened two investigations into Microsoft-owned Activision Blizzard, alleging the company used misleading and aggressive sales practices in its mobile games Diablo Immortal and Call of Duty…

Lucasfilm president Kathleen Kennedy is stepping down after 14 years leading the studio behind Star Wars, one of the highest-grossing film franchises in Hollywood history. The company said on Thursday…

OpenAI has announced it will begin testing adverts within ChatGPT, marking a shift in how the company generates revenue as it expands its consumer offerings and scales its artificial intelligence…

Google has appealed a landmark US antitrust ruling that found the company illegally held a monopoly in online search, arguing the decision failed to reflect how consumers use its services…

India’s Supreme Court has ruled against Tiger Global in a tax dispute over its exit from Flipkart during Walmart’s 2018 acquisition, potentially raising the tax risk for global funds looking…

Spotify has raised the price of its U.S. subscription plan for the third time in three years, increasing the monthly fee from $11.99 to $12.99. The price hike, which will…

WhatsApp has reversed part of its new policy that restricts third-party, general-purpose AI chatbots from operating on the app, allowing AI providers to continue offering their services to users with…

Thinking Machines Lab, the startup co-founded by former OpenAI executive Mira Murati, has seen two of its co-founders depart, with both returning to OpenAI. Barret Zoph, the company’s co-founder and…

Microsoft has signed a deal with Indian startup Varaha to purchase more than 100,000 tons of carbon dioxide removal credits over the next three years, aimed at supporting its efforts…

The Federal Trade Commission (FTC) announced on Wednesday that it has finalized an order barring General Motors (GM) and its OnStar telematics service from sharing specific consumer data with consumer…

Oscar-winning actor Matthew McConaughey has trademarked elements of his voice and image in an effort to prevent unauthorised use by artificial intelligence platforms, marking what lawyers and academics describe as…

An aircraft that crashed in flames in Kentucky in November had a structural flaw that had been identified by Boeing on similar planes more than a decade earlier, according to…