News
Roblox to scan users’ faces to verify age amid stubborn child safety concerns
Roblox, a popular gaming platform that’s faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify their age if they want to chat with...
Power infrastructure provider Amperesand raises US$80m in oversubscribed Series A round
[SINGAPORE] Amperesand, a next-generation power infrastructure provider for artificial intelligence (AI) data centres and critical power applications, raised US$80 million in an oversubscribed Series A funding round that closed...
Amazon’s Zoox offers free robotaxi rides in San Francisco
Amazon-owned Zoox is offering free rides on its San Francisco fleet of boxy, driverless taxis. The company said Tuesday it is providing the rides to people who download the...
Nissan to cut more output at Kyushu plant on chip supply troubles
[TOKYO] Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions linked to Chinese-owned Nexperia continues to...
Elon Musk’s X down for thousands of US users, Downdetector shows
[WASHINGTON] Elon Musk’s X was down for thousands of users in the US on Tuesday (Nov 18), according to outage tracking website Downdetector.com.There were more than 11,500 reports of...
Xiaomi reports 81% jump in third-quarter profit on strong EV sales
Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan[BEIJING] China’s Xiaomi reported a 80.9 per cent jump in third-quarter profit on...
AkzoNobel and Axalta to merge, creating US$25 billion paint giant
Under the merger, AkzoNobel shareholders will receive a US$2.5 billion dividend payout[PARIS] Dulux paintmaker AkzoNobel said on Tuesday (Nov 18) that it plans to merge with paintmaker Axalta Coating...
IOI Properties eyes Reit listings in Malaysia, Singapore, with assets of US$8 billion
[SINGAPORE] Malaysia’s IOI Properties Group is exploring two real estate investment trust listings in Malaysia and Singapore, with a combined asset value of up to US$8 billion, two sources...
Baidu posts worst sales fall on record despite major AI spending
The results underscore the Internet search leader is losing ad business to rivals while struggling to compete in a crowded AI field[BEIJING] Baidu posted its biggest quarterly revenue slide...
More jail time for former KTL Global chief executive Tan Kheng Yeow
[SINGAPORE] The former chief executive and director of KTL Global (KTLG), Tan Kheng Yeow, has been convicted of criminal breach of trust (CBT) involving almost S$1 million, said the...
