OpenAI releases ChatGPT search engine, taking on Google

OpenAI on Thursday beefed up its ChatGPT generative AI chatbot with search engine capabilities, as the startup takes on Google’s decades-long dominance of web search. The upgrade enables users to receive “fast, timely answers” with links to relevant web sources –- information that previously required using a traditional search engine, the company said. The significant […]
EU adopts extra tariffs of up to 35.3% on Chinese EVs

The EU on Tuesday decided to slap hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing’s support to local manufacturers was unfair. The extra taxes have been controversial, with strong opposition from Germany and Hungary amid fears of provoking China’s ire and setting off a bitter trade war. Beijing slammed the European Union’s […]
Tesla shares jump as profits rise on lower expenses

Tesla shares surged Wednesday after the electric car maker reported a jump in profits, as increased auto sales and lower expenses offset the drag from a drop in vehicle prices. The company, led by Elon Musk, reported third-quarter profits of $2.2 billion, up 17 percent from the year-ago period on an eight-percent increase in revenues […]
McDonalds: Burgers, bacteria and market bombing

McDonald’s Quarter Pounders are temporarily unavailable in some states across the U.S. due to an outbreak of Escherichia coli food poisoning. There has been one confirmed death from the toxin the bacterium produces, according to the BBC. In addition, one child is in hospital with haemolytic uremic syndrome, which can cause kidney failure. The U.S. Centers for Disease Control […]
American Airlines reports loss on costs from new labor contract

American Airlines reported a loss Thursday on costs connected to a new labor contract, but described travel demand as solid as it lifted its full-year earnings forecast. The big US carrier reported a third-quarter loss of $149 million. Revenues edged up one percent to $13.7 billion. The results were dragged lower by one-time costs of […]
Sales of new US homes at highest level in over a year

Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest pace in more than a year on the back of cooler mortgage rates. Sales of new homes stood at an annual rate of 738,000, seasonally adjusted, 4.1 percent up from the revised August figure of 709,000, said the Commerce […]
World Bank president focused on job creation ahead of annual meetings

The World Bank will unveil plans to tackle job creation, gender disparities, and food security at next week’s gathering of the world’s finance ministers and central bankers in Washington, its president said in an interview. Ajay Banga spoke to AFP at the development lender’s headquarters in Washington ahead of the Annual Meetings of the International […]
Internal TikTok documents show prioritization of traffic over well-being

TikTok teams identified harmful effects of its platform on young users but limited preventive measures so as to avoid a drop in traffic, according to internal documents revealed Friday by a US public radio station. The documents, mentioned in a subpoena issued by the Kentucky attorney general, are part of a lawsuit filed by 13 […]
New funding to explore the human genome

The University of Michigan is set to increase the amount and type of genetic information stored in its Trans-Omics for Precision Medicine (TOPMed) data centre. This information is used by researchers and healthcare providers around the world looking to genomes to treat disease. The expansion has been made possible thank to a $30 million award from the […]
Oil prices drop on easing fears over Middle East, most markets rise

Oil prices extended losses Tuesday after a report said Israeli Prime Minister Benjamin Netanyahu had told US President Joe Biden he would not strike Iran’s crude or nuclear facilities in retaliation for a missile attack earlier this month. The sell-off came as the commodity is hit by worries about China’s economic outlook after Beijing failed […]