Consumer

Once high-flying PayPal becomes a takeover target as it attempts a turnaround
[ad_1] Digital payments giant PayPal was soaring high five years ago, riding the surge in online shopping after the COVID-19 pandemic reshaped people’s buying habits.Now the San José fintech company...
OpenAI bot’s rogue attack rattles industry leaders, policymakers and consumers
[ad_1] What will happen to the world if artificial intelligence bots break free from our control and act independently?While it’s been a troubling conundrum addressed by AI experts and Hollywood...
Gas giants use AI to raise prices, lawsuit says, another algorithmic hit to the cost of living
[ad_1] A federal lawsuit alleging that gas companies in California are colluding to keep prices high through their use of AI-powered software will test the state’s antitrust law at a...
AI company Anthropic files to list shares, heating up race with OpenAI
[ad_1] Anthropic, the company behind the powerful artificial intelligence chatbot Claude, has filed to get ready to list its shares. The development comes days after it raised $65 billion, valuing...
Disney accused of misusing facial recognition technology
[ad_1] A visitor has filed a $5-million lawsuit against Disneyland for allegedly failing to properly disclose the use of facial-recognition technology at park and collecting sensitive data on guests.Summer Christine...
Gamers, developers protest Saudi Arabia Public Investment Fund’s bid to acquire Electronic Arts
[ad_1] As Electronic Arts moves closer to closing a sale of the gaming company to Saudi Arabian investors, it’s facing backlash from a group of protestors who are calling it...
JD Sports warns Iran war could hit consumer spending and raise prices
[ad_1] The sports fashion retailer JD has warned that profits will fall this year amid a “muted market” hit by weaker spending by young people and concerns about the Middle...
If you’re an iPhone user, you could get $95 from this Apple settlement
[ad_1] Some iPhone users could be eligible to collect up to $95 per device as part of a settlement over allegations that Apple misled consumers about the abilities of its...
How a simple consumer data breach spiralled into a national security crisis in US-South Korea relations
[ad_1] When South Korea’s biggest online retailer revealed last year that a data breach had compromised tens of millions of customer accounts, it appeared to be a corporate crisis. But...
Netflix prices are rising again, hitting $27 a month
[ad_1] Netflix prices in the U.S. are going up — again.For the second time in a little over a year, the streaming service will demand a few more dollars a...