News

Online child safety advocates urge California lawmakers to increase protections
SACRAMENTO — Julianna Arnold wasn’t alarmed when her teen daughter first joined Instagram.Many people her age were using it. And her daughter Coco had a social life and other hobbies, like...
UBS may cut further 10,000 jobs by 2027: report
The bank has been cutting jobs as a result of the integration of former rival Credit Suisse[VIENNA] UBS may cut an additional 10,000 jobs by 2027, Swiss paper SonntagsBlick...
Small and mid-cap firms hope Value Unlock measure will boost understanding of their businesses
[SINGAPORE] Despite solid fundamentals, many small and mid-cap companies listed here bemoan that their true value is underestimated by the market. With newly announced measures from the Monetary Authority...
S-Reits set for best year since 2019 with 14.7% total returns in the year to date
Of the 33 iEdge S-Reit Index constituents, 29 posted positive total returns in the year to date[SINGAPORE] Singapore-listed real estate investment trusts, or S-Reits, are set to deliver their...
Millennium, Jane Street show Hong Kong’s lure for key IPO investors
[HONG KONG] The blistering rebound in Hong Kong listings this year has lured a wave of big names into the role of cornerstone investors.Millennium Management, Jane Street Group and...
How Ted Sarandos became the ultimate Hollywood gate-crasher
Hollywood moguls once dismissed the outsize ambitions of Netflix’s executives. “Is the Albanian army going to take over the world?” former Time Warner Chairman Jeff Bewkes asked a reporter...
Warner CEO Zaslav poised to become billionaire from Netflix deal
[NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as...
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
[NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates...
Apple sends new round of cyberthreat notifications to users in 84 countries
The company is regularly warning users who may have been targeted by state hackers[WASHINGTON] Apple has sent a new round of cyberthreat notifications to users in 84 countries, the...
SoftBank’s Arm plans to set up chip training facility in South Korea
It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments[SEOUL] South Korea’s industry ministry and SoftBank’s chip unit, Arm, have signed...
X hit with 120 million euros EU fine for breaching content rules, TikTok settles
Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration[BRUSSELS] Elon Musk’s social media company X was fined 120 million euros (S$181 million)...
A safety report card ranks AI company efforts to protect humanity
Are artificial intelligence companies keeping humanity safe from AI’s potential harms? Don’t bet on it, a new report card says.As AI plays an increasingly larger role in the way...