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Business Technology

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Business Technology

Meta says will appeal ‘unlawful’ EU fine

July 3, 2025 Phys.org

Facebook owner Meta said it will appeal a 200-million-euro fine slapped on it by the EU after the bloc accused the company of breaking digital competition rules.This post was originally published on this site

Business Technology

European companies urge EU to delay AI rules

July 3, 2025 Phys.org

Dozens of Europe’s biggest companies urged the EU to hit the pause button on its landmark AI rules on Thursday, warning that going too fast could harm the bloc’s ability to lead in the global […]

Business Technology

How AI is improving accounting efficiency—without replacing jobs

July 2, 2025 Phys.org

A new study finds that accountants are using AI to streamline workflows and close their books faster. The takeaway: AI isn’t replacing accountants, but enhancing their work when combined with human expertise.This post was originally […]

Business Technology

Distrust in AI is on the rise—but along with healthy skepticism comes the risk of harm

July 2, 2025 Phys.org

Some video game players recently criticized the cover art on a new video game for being generated with artificial intelligence (AI). Yet the cover art for Little Droid, which also featured in the game’s launch […]

Business Technology

Microsoft’s largest layoff in years hits Xbox, sales and other divisions

July 2, 2025 Phys.org

Microsoft says it is laying off about 9,000 workers, its second mass layoff in months and its largest in more than two years.This post was originally published on this site

Business Technology

Switch is building ‘AI factories’ in Las Vegas

July 2, 2025 Phys.org

Las Vegas data-center owner Switch is expanding its big presence in Southern Nevada with a new kind of facility: so-called AI factories.This post was originally published on this site

Business Technology

US judge says China’s Huawei Technologies must face criminal case for racketeering and other charges

July 2, 2025 Phys.org

A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must face criminal charges in a wide reaching case alleging it stole technology and engaged in racketeering, wire and bank fraud […]

Business Technology

Wolfspeed files for bankruptcy in effort to turn around NC chipmaker

July 2, 2025 Phys.org

The 38-year-old Durham, North Carolina, semiconductor supplier Wolfspeed filed for Chapter 11 bankruptcy, officially starting a reorganization the company says will allow it to shed billions in debt.This post was originally published on this site

Business Technology

Miami firm partners with JPMorgan Chase to bring AI-powered strategic consulting to small businesses

July 2, 2025 Phys.org

A partnership between JPMorgan Chase and Miami-based firm Consulting IQ is set to reshape the landscape for small and midsize businesses (SMBs), providing them with access to high-level strategic consulting tools powered by artificial intelligence.This […]

Business Technology

As companies embrace AI, these leaders offer tips to make it better

July 2, 2025 Phys.org

In 2025, it seems like just about everyone is talking about artificial intelligence and its myriad potential uses.This post was originally published on this site

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