Business news

Business

Offshore wind could potentially cover 11% of North Sea by 2050

New research has mapped a plausible scenario for how offshore wind could reshape the North Sea by 2050, showing that if all current political commitments were built, around 11% of the basin would fall within wind farm boundaries.

Internet

Meta lashes Australia's bid to make tech giants pay for news

Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws.

Business

Faster renewable shift could save EU billions, analysis shows

Recurring geopolitical tensions and energy import limitations have raised energy prices across the European Union (EU), exposing a gap in energy supplies and vulnerabilities in energy security. With energy prices showing ...

Business

AI giant Anthropic confidentially files for IPO

AI giant Anthropic, the maker of the Claude chatbot, announced Monday that it had filed confidentially for an initial public offering (IPO), as Silicon Valley AI companies look to raise the enormous sums needed to fuel the ...

Business

Energy crunch fuels car pool growth

Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing platform reporting a surge in new users seeking cheaper ways to travel.

Business

IBM says to boost open-source security with $5 bn project

American tech giant IBM and its IT services subsidiary Red Hat said Thursday that they would deploy billions of dollars and thousands of staff to secure open source software against new cybersecurity threats.

Business

Quantifying forks in Bitcoin mining—and their energy cost

Creating new cryptocurrency requires large amounts of computing power, which is used to solve cryptographic puzzles in what is known as proof-of-work mining. When two computers attempt to solve the same puzzle, the first ...

Internet

Online age checks create a pointless privacy risk

New cybersecurity research indicates that one of the world's leading age verification providers collects and shares highly sensitive personal data—including facial photos and device fingerprints—with third parties. The research ...

Business

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.