Business

Bank of the Philippine Islands is testing artificial intelligence tools to assist with underwriting decisions for several types of loans, according to chief executive Jose Teodoro Limcaoco. The bank is…

Google has finalized its $32 billion acquisition of Wiz, marking the largest purchase in Google’s history and the biggest acquisition ever involving a venture-backed startup. The deal reflects growing demand…

ByteDance has paused plans to release its new AI video model globally following criticism from Hollywood studios, according to a report by The Information. The company had planned to launch…

The Giving Pledge, once a defining symbol of billionaire philanthropy, appears to be losing momentum as some wealthy tech leaders question whether the voluntary commitment still matters. Launched in 2010…

Apple said it will reduce its App Store commission rates in China following discussions with regulators, lowering the fee developers pay on certain digital purchases. The changes, announced Thursday, will…

The reboot of Digg has laid off a significant portion of its staff as the company struggles with large-scale bot activity that undermined its core community voting system. In a…

xAI is undergoing a major leadership reshuffle that has reduced the number of its original co-founders from 11 to two as the company reorganizes to compete with rival AI developers.…

Honda Motor has halted development of several electric vehicle programs, a move that reduces the company’s immediate presence in the EV segment while the global automotive industry continues shifting toward…

Meta Platforms is considering a round of layoffs that could affect more than 20% of its workforce, according to a report from Reuters. The potential cuts would represent one of…

The United States Army has signed a long-term enterprise contract with defense technology startup Anduril Industries that could be worth up to $20 billion. The agreement, announced late Friday, consolidates…

A customer of Costco has filed a proposed class action lawsuit seeking to force the retailer to return potential tariff refunds to shoppers who paid higher prices when import duties…

Writing platform Grammarly has disabled an AI feature that imitated the writing personas of well-known authors and experts after criticism from those whose identities were used without consent. The feature,…

Qantas Airways has agreed to pay A$105m (£55m; $74m) to settle a class action lawsuit alleging the airline failed to provide cash refunds for flights cancelled during the Covid-19 pandemic.…

Petrol retailers in the United Kingdom have criticized government warnings about fuel price “rip offs,” arguing that such language has triggered abuse directed at retail staff as petrol prices climb…

India’s highest court has rejected a petition calling for mandatory menstrual leave for working women and female students, with judges stating that such a policy could discourage employers from hiring…

Two fatal crashes in 2024 involving Ford vehicles using the company’s BlueCruise hands-free driving system likely occurred while drivers were distracted in the moments before impact, according to documents released…

Global ride-hailing company inDrive has acquired Pakistan-based quick-commerce startup Krave Mart as part of its strategy to expand grocery delivery and commerce services in South Asia. The acquisition, completed through…

Electric vehicle manufacturers and consumer electronics companies have been closely watching the development of silicon anode batteries, a technology that could increase energy density and shorten charging times. Several startups…

YouTube generated an estimated $40.4 billion in advertising revenue during 2025, surpassing the combined ad revenue of several major Hollywood studios. The figures come from research firm MoffettNathanson and were…

A whistleblower complaint alleges that a former software engineer working with the Department of Government Efficiency removed sensitive data belonging to Americans from the Social Security Administration and stored it…