News

‘People are getting hurt’: OpenAI sued by Florida over alleged safety risks
Florida sued OpenAI and its chief executive, Sam Altman, on Monday, alleging that the San Francisco tech company failed to inform people about the dangers posed by its popular...
Silicon Valley’s humanoid robots are learning how to do your job — in the kitchen
Fernando Flores can spend eight hours a day pouring the same cup of coffee. He is not a barista. He’s a robot puppeteer, trying to train humanoids.He manipulates mechanical...
AGT raises Nam Cheong stake; Silchester increases holdings of ComfortDelGro
[SINGAPORE] Over the five trading sessions from May 22 to 28, 22 primary-listed companies conducted buybacks with a total consideration of S$88.9 million. Singtel again led the buyback tally,...
China’s private fund assets hit record as quant managers surge
2,348 private funds, with 928.7 billion yuan in combined registered assets, were registered in AprilPublished Sat, May 30, 2026 · 04:30 PMCHINA’S private fund industry grew to a record...
MiniMax plans China IPO as it eyes local rivals like DeepSeek
It is part of a group of Chinese AI firms racing to build and commercialise large language modelsPublished Sat, May 30, 2026 · 03:14 PMCHINA’S MiniMax Group has begun...
Meta plans AI pendant, ‘wearables for work’ in hardware boost, The Information reports
The Instagram owner aims to sell 10 million wearable devices in the second half of 2026Published Sat, May 30, 2026 · 12:42 PM[BENGALURU] Meta Platforms plans to start testing...
Yum is in exclusive talks to sell Pizza Hut to LongRange
Published Sat, May 30, 2026 · 09:39 AM[NEW YORK] Yum! Brands is in exclusive talks to sell its Pizza Hut chain to LongRange Capital, according to people familiar with...
European shares secure monthly gains on Middle East peace hopes
Published Sat, May 30, 2026 · 08:51 AM[BENGALURU] European shares edged higher on Friday (May 29), wrapping up the month with gains as investors clung to hopes that a...
mm2 Asia H2 net loss widens to S$166.6 million amid fair-value losses
FY2026 revenue plunged 95.9% on the year, amid a 99% decline in sales by its content business[SINGAPORE] Former Cathay Cineplexes operator mm2 Asia posted a net loss of S$166.6...
Fed’s Bowman says too soon to judge inflation impact of Iran war
Published Fri, May 29, 2026 · 10:16 PMFEDERAL Reserve Vice Chair for Supervision Michelle Bowman said it’s too soon to judge the inflationary impact from the Iran war and...
Wall St edges higher at open with Mideast deal updates in focus
Published Fri, May 29, 2026 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday (May 29), after closing at record highs the previous session, with markets...
Fed’s Schmid says officials must signal commitment to inflation
Published Fri, May 29, 2026 · 08:31 PMFEDERAL Reserve Bank of Kansas City President Jeff Schmid said he remained focused on elevated inflation and officials should make it clear...