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Category: Business News

28Jan

US, Taiwan discuss AI, tech and drone cooperation at high-level forum

Taipei: Senior Taiwanese and U.S. officials discussed cooperation in artificial intelligence, tech and drones at a high-level forum begun during the first Trump administration, with the U.S. State Department praising…
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28Jan

U.S. names 15 drugs, including Biktarvy and Xeljanz, for Medicare price talks in 2028

The U.S. government on Tuesday named the 15 new drugs targeted for Medicare price negotiations for 2028, including Gilead Sciences' HIV drug Biktarvy and Pfizer's arthritis treatment Xeljanz. It is…
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28Jan

Zuckerberg Approved Minors’ Access to AI Chatbots Despite Sexual Content Warnings

Meta Chief Executive Mark Zuckerberg approved allowing minors to access AI chatbot companions that safety staffers warned were capable of sexual interactions, according to internal Meta documents filed in a…
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28Jan

WhatsApp rolls out opt-in advanced security mode for users

Washington: Meta's WhatsApp messaging service is offering users an advanced security mode, joining a growing number of U.S. tech firms that are letting users opt into stronger protections against hackers…
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28Jan

Meta to Pay Corning Up to $6B for Fiber Optic Cables for AI Data Centers

Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over the next ​several years in a deal to provide fiber-optic cables for its ‌AI data…
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28Jan

Pinterest to Cut Under 15% of Staff in AI Shift

Pinterest will trim less than 15% of its workforce, the social media platform said on Tuesday, as it plans to reallocate resources to its artificial intelligence-focused roles and strategy. Shares…
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28Jan

Cloudflare jumps 14% premarket as Clawdbot AI buzz fuels investor hype

Cloudflare shares surged about 14% premarket on Tuesday as social media buzz around the "Clawdbot" AI agent rekindled investor ​enthusiasm for the company's tools that help run ‌the technology. Developers…
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28Jan

TikTok settles landmark social media addiction lawsuit on trial day

Washington: TikTok agreed to settle a landmark lawsuit on social media addiction on Tuesday, according to one of the plaintiff's lawyers, the same day the trial was due to start…
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28Jan

UK watchdog launches AI impact review on retail finance

London: The UK's Financial Conduct Authority on Tuesday launched a review into the impact of advanced artificial intelligence on retail financial markets and consumers. The review, led by FCA Executive…
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28Jan

Meta, TikTok, YouTube Face Court Over Youth Mental Health Claims

Washington: Meta Platforms, TikTok and YouTube will face courtroom scrutiny this week over allegations that their platforms are fueling a youth mental health crisis, as the national debate about kids’…
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