BUSINESS

The DNA testing craze saw millions of consumers rushing to discover their ancestry and health information with tests from 23andMe

'Delete Your Data': Genetic Testing Firm 23andMe Files For Bankruptcy

Pioneering US genetic testing company 23andMe has filed for bankruptcy and is looking for a buyer two years after hackers gained access to millions of profiles. 23andMe, which sells a mail-back saliva test to determine ancestry or certain health-related genetic traits for less than $200, said late Sunday that it had "filed a voluntary petition for reorganization" with a state bankruptcy court in Missouri.
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Nvidia CEO Jensen Huang unveiling a new line of GPUs designed to pack artificial intelligence into personal computers

Nvidia Showcases New Tech At AI 'Super Bowl'

Nvidia chief Jensen Huang on Tuesday showcased cutting-edge chips for artificial intelligence and new applications for the technology, shrugging off talk of China's DeepSeek disrupting the market and dangers from US President Donald Trump's trade wars.
AFP news Mar 19, 2025
Audi is the latest German automaker to face turbulence

New Blow To German Auto Sector As Audi Announces Job Cuts

Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's auto industry battles slowing electric vehicle demand and rising Chinese competition.
AFP news Mar 18, 2025
Nvidia CEO Jensen Huang has touted artificial intelligence being built into real-world creations such as robots as being among promising markets for the technology powered by his company's chips

Nvidia Showcases AI Chips As It Shrugs Off DeepSeek

Nvidia chief Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and quantum computing on Tuesday, shrugging off talk of China's DeepSeek disrupting the market.
AFP news Mar 18, 2025
Electric vehicle maker BYD hit a record high after news of a battery it says can charge in just five minutes

European Stocks Advance Before German Spending Vote

European stocks rose on Tuesday as investors prepared for Germany's lawmakers to vote on a massive spending boost for defence and infrastructure, while escalating geopolitical fears supported commodities.
AFP news Mar 18, 2025
A sharp drop in consumer prices last month has added to worries about China's economy

Stock Markets Mainly Lower On China, US Economy Fears

European and Asian stock markets mostly fell Monday, as investors feared the impact of President Donald Trump's trade policy on the economic growth of the United States and China, the world's biggest economies.
AFP news Mar 10, 2025
The deal could allow Apple to start selling its iPhone 16 in Southeast Asia's largest economy

Apple Step Closer To Seeing End Of Indonesia IPhone Sales Ban

Indonesia approved local certificates for more than a dozen Apple products on Friday, the industry ministry said, moving the tech giant a step closer to having a ban lifted on iPhone sales in Southeast Asia's biggest economy.
AFP news Mar 08, 2025
US President Donald Trump has significant financial ties to the cryptocurrency sector, partnering with exchange platform World Liberty Financial and launching the 'Trump' memecoin in January

Now A Believer, Trump Hosts White House Crypto Summit

Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has struggled to gain legitimacy -- and where the Republican president faces conflict of interest concerns.
AFP news Mar 08, 2025

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