BUSINESS

Despite fears of the dangers of artificial intelligence, investors are focusing on the potential rewards of the technology

AI The New Obsession For Venture Capital Investing

After the earthquake of ChatGPT's phenomenal success a year ago, Silicon Valley investors have gone into overdrive with artificial intelligence, looking for the newest blockbuster idea in an ocean of hype and overpromising.

Zuckerberg Discusses AI Risks With Japan PM

Mark Zuckerberg, head of US tech giant Meta, speaks to reporters at the Japanese prime minister's office
Meta chief Mark Zuckerberg met with Prime Minister Fumio Kishida while on a visit to Japan, with reports saying they discussed the risks of generative AI. "We had a good, productive conversation about AI and the future of technology," local media quoted Zuckerberg as saying after the 30-minute meeting on Tuesday.
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Macy's unveiled a new strategy to open a 'Bold New Chapter' for the struggling 166-year-old department store

Struggling US Retailer Macy's To Close 150 Stores

The iconic but struggling US department store Macy's announced plans on Tuesday to close almost a third of its eponymous locations by 2026 while building up its upscale Bloomingdale's and Bluemercury brands.
Macy's unveiled a new strategy to open a 'Bold New Chapter' for the struggling 166-year-old department store

US Retailer Macy's To Close 150 Stores

The iconic but struggling US department store Macy's announced plans on Tuesday to close around 150 locations by 2026, while concentrating investments in its more upscale Bloomingdale's and Bluemercury brands.
Smartphone makers are racing to develop more potent batteries that can charge faster and last longer

Smartphone Makers Charge Ahead To Make Better Batteries

Chinese handset maker Honor has developed a new higher capacity battery technology which uses silicon-carbon for its new AI-infused flagship Magic 6 smartphone, which it says can fully charge in less than 40 minutes and last longer than those of its main competitors.
US President Joe Biden gestures as he arrives at John F. Kennedy International Airport, in Queens, New York on February 26, 2024

Biden Sits Down With TV Comic Meyers To Woo Voters

US President Joe Biden played down concerns about his age in an interview with late-night TV comic Seth Meyers on Monday as he tried to reach out to hesitant -- and younger -- voters ahead of the November election.
A US-appointed panel said Boeing's safety reporting measures following two fatal crashes in 2018 and 2019 have fallen short

Boeing Staff Confused On Safety Reporting: US Study

Boeing employees are confused and distrustful of changes to safety reporting systems implemented by the aerospace giant after fatal plane crashes in 2018 and 2019, according to a US report released Monday.
Taiwanese company HTC showed off its virtual reality headset at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona

HTC Boss Welcomes Apple VR Competition

The boss of consumer electronics firm HTC on Monday welcomed Apple's launch of its own a mixed reality headset, saying it will help the technology take off and become mainstream.
Honor CEO George Zhao told the Mobile World Congress that AI 'can make fantastic things happen'

Smartphone Makers Bet On AI To Boost Sales

Smartphone makers are packing their latest devices with flashy new artificial intelligence tools such as real-time voice translation and advanced photo editing in efforts to reignite consumer demand.
Ukrainian flags held aloft at a Paris rally

Pro-Ukraine Rallies Across Europe On War Anniversary

Protesters rallied across Europe Saturday in support of Ukraine on the second anniversary of Moscow's invasion, urging greater Western backing as fears mount about Kyiv's ability to fend off an emboldened Russia.

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