BUSINESS

Twitter launched its new logo on Monday, replacing the blue bird with a white X on a black background as the Elon Musk-owned company moves toward rebranding as X. The social media network's website showed the company's new logo, but its URL was still showing as twitter.com and the blue "Tweet" button was visible, suggesting the rebrand was not yet finalized.

After a wildly successful first few days, Threads popularity has waned in the weeks since Meta launched its challenge to Twitter, which lives on despite its problems.

Twitter owner Elon Musk and the chief executive he brought aboard just a month ago say the social media network will ditch the bird logo, rebrand the platform with the name X and move quickly into payments, banking and commerce.

AI will be the "defining mega-trend" for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world's semiconductors powering the technology is produced.

Goldman Sachs reported a dive in profits Wednesday on weak merger and acquisition activity, but shares rallied as executives said an improvement could be near.

Goldman Sachs reported a steep drop in second-quarter profits Wednesday as it continued to struggle with an anemic merger and acquisition market and weakness in trading.

Spain's competition watchdog said Tuesday it has slapped US tech giants Amazon and Apple with fines totalling 194 million euros ($218 million) for collusion in the sale of products.

Interest rate hikes are forcing mobile operators to scale back investment in 5G networks, with equipment manufacturer Ericsson reporting Friday a rare net quarterly loss and Nokia lowering its outlook.

After years of bad press and scandal, Mark Zuckerberg is seeing his reputation spruced up in the fickle world of tech, largely thanks to the increasingly unpredictable behavior of Elon Musk.

The world's wealthiest nations must urgently prepare for the impact of an imminent "AI revolution" that will change jobs, create new ones and make others disappear, the OECD said Tuesday.

The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app.

Kubik is proud of its pioneering, climate-friendly technology that recycles one of the world's environmental curses -- plastic waste -- into construction blocks.

"I want to remind importers that it is their responsibility to ensure that their goods do comply with the CPA. Where the goods are non-compliant, we will not hesitate to issue non-compliances instructing Importers to either return non-compliant goods to the country of origin or destroy them," NCC said.

Elon Musk spent the weekend further alienating Twitter users with more drastic changes to the social media giant, and he is facing a new challenge as tech nemesis Mark Zuckerberg prepares to launch a rival app this week.

This deal will ensure that both organizations collaborate on critical areas that are important for the industry's success alongside the growth and development of SMMEs (Small, Medium, and Micro Enterprises) in the automotive industry.

Shell plans to maintain oil production levels until 2030, the British energy giant said Wednesday, triggering an outcry from green campaigners who also slammed a big payout for shareholders.

Meta chief Mark Zuckerberg on Thursday told employees that while Apple's mixed reality gear may be nice, it is not his vision of the future, according to US media reports.

Britain's financial regulator on Thursday tightened rules over the promotion and selling of cryptocurrency as it seeks to protect consumers.

Coinbase slammed the SEC for turning the screws on a market that is still largely unregulated, a criticism that was levied by Binance the day before.

US authorities on Monday charged cryptocurrency giant Binance with securities law violations that collectively amounted to what they called "an extensive web of deception" and "calculated evasion of the law."

Airlines will fly 4.35 billion passengers this year, close to the 2019 record as the industry bounces back from the Covid pandemic, an industry group said on Monday.

Switzerland's biggest bank bought out its rival for $3.25 billion on March 19, under strong pressure from the regulators FINMA, the government and the central bank, to prevent Credit Suisse from collapsing.

OpenAI bled around $540 million last year as it developed ChatGPT and says it needs $100 billion to meet its ambitions, according to industry media The Information.

Twitter called on Microsoft to identify all Twitter content that has been in its control during the past two years; how it is stored and what has been done with it, according to the letter sent to Nadella.

"This is a logical progression for AngloGold Ashanti, which is well aligned with the evolution of the business in recent years," the company said.

"Faced with the reality of structural economic decline, the only meaningful government action seems to be inaction, and to place blame on those trying to help solve the problems," Ackerman said.

In a small beachside shack in Senegal's capital Dakar, Pape Diouf spends hours on each surfboard he makes, shaping its foam surface with an electric planer to create the perfect curve.

The Pompidou, a popular attraction in the Marais district of the French capital, has opened the exhibition in its minimalist halls dedicated to NFTs which could give the digital art form a much-needed lift.

The machine mania sweeping the tech world amid the launches of bots like ChatGPT and Bard has reached the cryptoverse, with interest in tokens tied to AI blockchain projects surging.