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Business

Smart utility meters drive down manufacturing costs—if managers use them

A new study of the extent to which "smart utility meters" can improve energy efficiency in manufacturing finds that the willingness of managers actually to make use of the technology is a key driver in reducing energy consumption ...

Business

'Operation Beethoven': Dutch 2.5bn-euro charm offensive to keep ASML

The Dutch government on Thursday unveiled a plan worth 2.5 billion euros to retain global firms like chip giant ASML amid fears of a far-right clampdown on immigration.

Business

A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX

Sam Bankman-Fried went from cryptocurrency golden boy to the face of the industry's collapse. The founder and former CEO of the massive cryptocurrency exchange FTX was sentenced to 25 years in prison Thursday after being ...

Business

Responsible AI: Three tools to help businesses

Artificial Intelligence (AI) is one of the most powerful tools developed in recent decades. And, as the saying goes, with great power comes great responsibility.

Business

The Bankman-Fried verdict, explained

Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world's second most popular place to trade digital currency. It collapsed almost as quickly. By the fall of 2022, it was bankrupt.

Business

Crypto fraudster Bankman-Fried faces sentencing

Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history.