Technology Business News - Technology News, Technology Companies, Technology Business https://techxplore.com/business-tech-news/ en-us The latest news on the technology businesses, technology business, technology companies and tech business news. Musk's AI startup seeks to raise $1 bn Elon Musk is seeking to raise a billion dollars for his xAI artificial intelligence company that he hopes will compete with ChatGPT's Open AI. https://techxplore.com/news/2023-12-musk-ai-startup-bn.html Business Wed, 06 Dec 2023 05:11:06 EST news621061864 High speed rail between LA and Las Vegas gets $3bn boost A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved closer to reality Tuesday with the announcement of a $3 billion government grant. https://techxplore.com/news/2023-12-high-rail-la-las-vegas.html Business Wed, 06 Dec 2023 05:10:24 EST news621061822 Twitch to shut down in SKorea over 'seriously' high fees US-based live gaming streaming platform Twitch said Wednesday that it would stop its service in South Korea in February because of "seriously" high network costs. https://techxplore.com/news/2023-12-twitch-skorea-high-fees.html Business Wed, 06 Dec 2023 05:08:54 EST news621061730 Report: Key measures could slash predicted 2050 emissions from cooling sector Taking key measures to reduce the power consumption of cooling equipment would cut at least 60 percent off predicted 2050 sectoral emissions, provide universal access to life-saving cooling, take the pressure off energy grids and save trillions of dollars by 2050, according to a new report published during the COP28 climate talks in Dubai. https://techxplore.com/news/2023-12-key-slash-emissions-cooling-sector.html Business Tue, 05 Dec 2023 16:57:04 EST news621017821 Q&A: Cracking the code to holiday travel with the 'Steffen Method' As Jason Steffen will tell you, the job of an astrophysicist is never done. It just keeps expanding—much like the universe. https://techxplore.com/news/2023-12-qa-code-holiday-steffen-method.html Business Tue, 05 Dec 2023 16:00:00 EST news621014396 A data acquisition mechanism that maximizes platforms' utility while compensating privacy-sensitive users The rise of artificial intelligence and machine learning is increasing the demand for data from app users, device owners, firms, consumers, and even patients. As data-hungry technologies are getting more and more efficient, the key question is how to incentivize data-sharing while protecting users' privacy, said Ali Makhdoumi, an associate professor of decision sciences at Duke University's Fuqua School of Business. https://techxplore.com/news/2023-12-acquisition-mechanism-maximizes-platforms-compensating.html Business Tue, 05 Dec 2023 15:09:04 EST news621011342 'Bad buzz': How video games learnt to embrace diversity The most notorious, violent and often sexist video game "Grand Theft Auto" is finally dropping a playable woman character into its testosterone-fueled world, capping a wider trend towards more inclusivity in the gaming industry. https://techxplore.com/news/2023-12-bad-video-games-learnt-embrace.html Business Tue, 05 Dec 2023 13:29:48 EST news621005384 Apple, Disney and other big brands are pulling X ads—why Elon Musk's latest 'firestorm' could bring down the company Elon Musk's recent endorsement of an antisemitic conspiracy theory on X (formerly Twitter) is the latest in a series of controversial statements the owner of the social media platform has made since he acquired it in 2022. Major brands, including Disney, Apple, and Microsoft, have decided to pause or suspend their advertising spending on X in recent weeks. https://techxplore.com/news/2023-12-apple-disney-big-brands-adswhy.html Consumer & Gadgets Tue, 05 Dec 2023 11:46:04 EST news620999161 Grand Theft Auto VI leak followed by an official trailer with a twist: A release date of 2025 The highly anticipated trailer for Grand Theft Auto VI arrived a little early after a copy was leaked online. https://techxplore.com/news/2023-12-grand-theft-auto-vi-leak.html Consumer & Gadgets Tue, 05 Dec 2023 11:13:18 EST news620997196 Canada's public broadcaster to cut 10% of workforce Canada's public broadcaster on Monday announced it would cut 600 jobs, or 10 percent of its workforce, as it confronts financial challenges sparked by a drop in television ad revenues and competition from digital news outlets. https://techxplore.com/news/2023-12-canada-workforce.html Business Tue, 05 Dec 2023 04:44:20 EST news620973856 Premier League announces record $8.45 bn domestic TV deal The Premier League announced on Monday it had agreed a record £6.7 billion ($8.45 billion) domestic television rights deal for a four-year period starting from the 2025/26 season. https://techxplore.com/news/2023-12-premier-league-bn-domestic-tv.html Business Tue, 05 Dec 2023 04:41:44 EST news620973702 US YouTuber who staged plane crash jailed for six months A daredevil YouTuber who deliberately crashed his plane to boost the number of viewers on his channel and then lied about it to investigators has been jailed for six months after reaching a plea deal, US authorities said Monday. https://techxplore.com/news/2023-12-youtuber-staged-plane-months.html Business Tue, 05 Dec 2023 04:41:31 EST news620973688 Grand Theft Auto VI: What we learned from the trailer Fans around the world exploded with excitement Monday when Rockstar Games released the first trailer for Grand Theft Auto VI—the most hotly anticipated game of the decade. https://techxplore.com/news/2023-12-grand-theft-auto-vi-trailer-1.html Consumer & Gadgets Tue, 05 Dec 2023 04:40:39 EST news620973636 'Grand Theft Auto' in numbers Gamers got their first glimpse on Tuesday of a trailer for the sixth edition of "Grand Theft Auto", a testosterone-fueled franchise that has been lighting up screens since 1997. https://techxplore.com/news/2023-12-grand-theft-auto.html Consumer & Gadgets Tue, 05 Dec 2023 04:39:45 EST news620973583 Grand Theft Auto: built for the long haul In a video game industry known for cranking out sequels, Rockstar Games has cashed in big by making "Grand Theft Auto" fans painfully wait for their next fix of the shoot 'em up blockbuster. https://techxplore.com/news/2023-12-grand-theft-auto-built-haul.html Consumer & Gadgets Tue, 05 Dec 2023 04:38:54 EST news620973531 'Grand Theft Auto VI' trailer drops, flagging 2025 release Millions of video game fans got their first glimpse Tuesday of "Grand Theft Auto VI", after a trailer landed on YouTube promising the first woman lead character and a 2025 release date for the latest installment of one of the world's biggest entertainment franchises. https://techxplore.com/news/2023-12-grand-theft-auto-vi-trailer.html Software Tue, 05 Dec 2023 04:38:20 EST news620973495 AI's future could be 'open-source' or closed. Tech giants are divided as they lobby regulators Tech leaders have been vocal proponents of the need to regulate artificial intelligence, but they're also lobbying hard to make sure the new rules work in their favor. https://techxplore.com/news/2023-12-ai-future-open-source-tech-giants.html Business Tue, 05 Dec 2023 04:12:52 EST news620971965 The OpenAI saga demonstrates how big corporations dominate the shaping of our technological future The dramatic firing and reinstatement of Sam Altman as boss of OpenAI was more than a power shuffle. It was a glimpse at the overwhelming influence that big corporations—and a few individuals—possess when it comes to shaping the direction of artificial intelligence. https://techxplore.com/news/2023-12-openai-saga-big-corporations-dominate.html Business Mon, 04 Dec 2023 23:00:01 EST news620916664 Asian cement and steel companies must decarbonize to survive carbon prices, says report High carbon emitting businesses in Asia will see consistent negative profits if they fail to decarbonize. https://techxplore.com/news/2023-12-asian-cement-steel-companies-decarbonize.html Business Mon, 04 Dec 2023 15:57:03 EST news620927821 Electric vehicles remain a tough sell in Texas, according to new survey Electric-powered vehicles do not inspire much enthusiasm in Texas, according to a survey released on Nov. 30 by University of Houston and Texas Southern University. Results in the new study reflect only a few shifts in opinions from those voiced by Texans in a similar survey from 2021. https://techxplore.com/news/2023-12-electric-vehicles-tough-texas-survey.html Business Mon, 04 Dec 2023 15:19:04 EST news620925541 Uber set to join the S&P 500 index in latest sign of turnaround for the ride-hailing service Uber is set to join the S&P 500 index later this month, the latest sign that the ride-hailing and delivery company is turning its business around after struggling through much of the pandemic. https://techxplore.com/news/2023-12-uber-sp-index-latest-turnaround.html Business Mon, 04 Dec 2023 14:25:26 EST news620922324 Turmoil at OpenAI shows we must address whether AI developers can regulate themselves OpenAI, developer of ChatGPT and a leading innovator in the field of artificial intelligence (AI), was recently thrown into turmoil when its chief-executive and figurehead, Sam Altman, was fired. As it was revealed that he would be joining Microsoft's advanced AI research team, more than 730 OpenAI employees threatened to quit. Finally, it was announced that most of the board who had terminated Altman's employment were being replaced, and that he would be returning to the company. https://techxplore.com/news/2023-12-turmoil-openai-ai.html Business Mon, 04 Dec 2023 12:18:23 EST news620914700 Spanish media file 550-mn-euro lawsuit against Meta A group representing over 80 Spanish media outlets on Monday filed a 550-million-euro ($600 million) lawsuit against Instagram-owner Meta for allegedly violating European Union regulations on personal data protection. https://techxplore.com/news/2023-12-spanish-media-mn-euro-lawsuit-meta.html Business Mon, 04 Dec 2023 09:49:20 EST news620905759 Spotify axes 17% of workforce in third round of layoffs this year Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable. https://techxplore.com/news/2023-12-spotify-axes-workforce-layoffs-year.html Business Mon, 04 Dec 2023 09:47:56 EST news620905674 Alaska Airlines to buy Hawaiian Airlines for $1.9 bn Alaska Airlines announced Sunday that it would buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth biggest carrier if it can attain regulatory approval. https://techxplore.com/news/2023-12-alaska-airlines-buy-hawaiian-bn.html Business Mon, 04 Dec 2023 03:53:52 EST news620884430 Bitcoin soars past $40,000 on optimism for US trading approval Bitcoin on Monday rose past $40,000 for the first time since May last year, boosted by hopes that the United States will soon allow broader trading of the world's biggest cryptocurrency. https://techxplore.com/news/2023-12-bitcoin-soars-optimism.html Business Mon, 04 Dec 2023 03:52:35 EST news620884352 With outburst, Musk puts X's survival in the balance Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control. https://techxplore.com/news/2023-12-outburst-musk-survival.html Business Sat, 02 Dec 2023 03:50:01 EST news620710982 First trailer for "Grand Theft Auto VI" on December 5 Rockstar Games said it will release a trailer next Tuesday for the first installment in a decade of "Grand Theft Auto," video-gaming's controversial blockbuster. https://techxplore.com/news/2023-12-trailer-grand-theft-auto-vi.html Business Fri, 01 Dec 2023 15:33:00 EST news620667178 X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rant Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk's beleaguered social media company, amid concerns about hate speech—as well as reaching a sizeable audience on the platform. https://techxplore.com/news/2023-12-walmart-latest-big-advertiser-musk.html Business Fri, 01 Dec 2023 15:32:05 EST news620667124 New US rules, aimed at curbing China, could make it harder for EV buyers to claim a full tax credit Americans could have a harder time finding electric vehicles that qualify for a full $7,500 federal tax credit under new rules proposed Friday that are likely to hinder President Joe Biden's goal that half of new passenger vehicles sold in the U.S. run on electricity by 2030. https://techxplore.com/news/2023-12-aimed-curbing-china-harder-ev.html Business Fri, 01 Dec 2023 15:31:31 EST news620667087