Business & Tech

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Business & Tech

Coverage of business, technology, and finance, from global markets to the latest tech and AI news.

Australia's Federal Minister for Sport, Anika Wells said she formally introduced the "Digital Duty of Care" bill to parliament on Thursday

New legislation

Australia says won't let big tech have 'unfettered' access to kids

AI's carbon footpring will be in the spotlight at next month's COP31 climate summit in Turkey

'Comes down to how it is deployed'

Behind AI's carbon footprint, a potential climate tool

Former Ukrainian military officer Sergiy Kuznietsov at the start of his trial in Hamburg over the Nord Stream sabotage

Trial defence says Russia used Nord Stream pipelines as 'weapon'

Bank of America CEO Brian Moynihan said the $1.2 billion fine resolves charges the bank violated US anti-money laundering laws

Wall Street grills Bank of America over money laundering fine

Lufthansa beat out Air France-KLM with an offer of 1.2 billion euros ($1.3 billion) for a 44.9 percent stake in TAP

Worth over a billion

Lufthansa wins contest for TAP Air Portugal stake

AI worms could soon soon copy themselves and propogate via connected home devices like refrigerators, a recent study suggested

'Early warning shots'

AI worms, 'major' incident fears spur safety calls at industry summit

Era Dabla-Norris, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF) on the opening day of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Bangkok on October 12, 2026

International Monetary Fund

Advanced economies must 'act now' to lower debt as bond yields spike: IMF

Anthropic is currently at odds with the Trump administration, which has terminated all of its government contracts with the company

Supercharge self-spreading malware

Why AI makes computer worms harder to stop

Goldman Sachs Chairman and CEO David Solomon expects the AI investment boom to continue for the foreseeable future

Big US banks report strong earnings and stay bullish on AI

South Korean chip giant SK hynix said on Wednesday it was considering a US stock market listing using its treasury shares

US stocks dip ahead of inflation data as tech sell-off hits Asia

Witherspoon launched Hello Sunshine in 2016

French content group

Reese Witherspoon, France's Mediawan to buy Hello Sunshine

The investment will see the French medical website use Nvidia chips to power its AI apps

Nvidia says to invest in French medical website

Anthropic said its Claude chatbot leads more than a quarter of its research and development work

Anthropic warns of AI 'worms' spreading across smart gadgets

The launch is one of the first under John Ternus, Apple’s former hardware engineering chief, who took over as chief executive from Tim Cook on September 1

Getting Siri-ous

Apple unveils HomeView smart display in renewed home push

The US economy is showing signs of softness amid elevated oil prices and above-target inflation

Oil rises as Saudi Arabia vows resonse to attacks

Meta CEO Mark Zuckerberg has pushed Meta to compete with leading AI labs, particularly OpenAI and Anthropic over the past year or so amid a race to win over customers and diversify beyond advertising

Race for superintelligence

Meta says its new AI models on par with OpenAI, Anthropic

Vincent Cassel, who played in 'Ocean's Twelve' as well as award-winning French movies, did the English voice overs for Napoleon Bonaparte

Horror takeover

French star Cassel dubs Napoleon in English for violent video game

Disgraced Theranos founder Elizabeth Holmes (L) is the subject of a new documentary in theaters on October 16, 2026

Disgraced startup founder

Tech scammer Elizabeth Holmes focus of documentary by absurdist Nathan Fielder

Anthropic said its Claude chatbot leads more than a quarter of its research and development work

Growing philosophical debate

Anthropic bans 'cruel' behavior against its Claude AI

President Donald Trump at a rally in Texas on Wednesday, as speculation grows of new strikes against Iran ahead of the midterm elections

Oil surges, stocks sink on jitters over US plans in Iran war

In April, China blocked the acquisition of Manus, an AI-powered app that can carry out tasks for users, by Facebook owner Meta after a regulatory review

Singapore-based company

AI startup Manus raises $500m after Meta acquisition blocked by China

The WTO headquarters is next to Lake Geneva

More resilient than expected

WTO hikes 2026 trade growth forecast on AI boom

China's trade has been boosted this year by overseas demand for semiconductors, computing hardware and AI products

Unfair trade practices?

In Beijing, EU trade envoy says deficit with China 'unsustainable'

Taiwan is a powerhouse in the semiconductor sector, producing more than 90 percent of the world's most advanced chips used to train and power AI systems

Taiwan says exports hit record in September on AI demand

The AI boom has helped Samsung and other semiconductor giants around the world post record profits

Memory chip maker

Samsung expects 780% quarterly operating profit jump on AI boom

Oil prices exended losses after Donald Trump said Venezuela would ship millions of barrels to the United States

Attacks continue

Stocks slide as oil sees volatile trading day over Iran war fears

Tight international supplies of diesel have sent pump prices for motorists soaring

International Energy Agency

IEA ready to release more oil reserves if necessary

Ukraine, which is a major exporter of corn, wheat, colza, sunflower seeds and vegetable oil, submitted its EU membership bid days after Russia's full-scale invasion in February 2022

Against permanent restrictions

Kyiv 'cannot agree' to EU membership limiting food exports: minister

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