News

CapitaLand Ascendas Reit to acquire 3 Singapore properties for about S$565.8 million
Acquisition will increase the value of Clar’s portfolio in the Republic to around S$12.3 billion[SINGAPORE] The manager of CapitaLand Ascendas Reit (Clar) on Tuesday (Oct 7) announced the proposed...
OpenAI unveils ChatGPT app integration feature
OPENAI on Monday unveiled a new feature for ChatGPT, the leading generative AI model with 800 million weekly users, enabling it to interact with everyday apps like Spotify and...
Nvidia to invest in UK firms including Wayve, Revolut
The chipmaker’s financing is one of a slew of AI announcements from US technology companies this week, coinciding with Trump’s visit [LONDON] Nvidia plans to invest £2 billion (S$3.5...
ExxonMobil expects up to US$300 million boost to Q3 upstream earnings from oil prices
EXXONMOBIL said on Monday changes in crude oil prices over the third quarter could impact the company’s upstream earnings from negative US$100 million to as much as a positive US$300 million.The...
Europe: Government collapse triggers French equities’ steepest fall in over a month
EUROPEAN stocks recouped their losses on Monday after the fall triggered by the unexpected resignation of French Prime Minister Sebastien Lecornu was offset by a rally in semiconductor stocks...
‘Artists should have a choice.’ WME opts clients out of Sora update as AI anxiety deepens
As anxieties among Hollywood talent increase surrounding artificial intelligence, Beverly Hills talent agency WME is drawing a line on behalf of its clients. WME told San Francisco-based OpenAI that...
OpenAI lifts another AI laggard with big plans for AMD
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope...
Japanese yen slides on likely new leader, euro pressured by French PM resignation
[SINGAPORE / LONDON] Politics dominated currency markets on Monday (Oct 6) as the Japanese yen weakened by the most in five months against the dollar with Sanae Takaichi looking...
Why are buyers returning to Tesla?
Tesla electric vehicle sales jumped last quarter, as buyers rushed to take advantage of an expiring federal tax credit. The company’s EV sales rose 7% in the three months...
Spotify’s co-founder Daniel Ek to step down as CEO after nearly two decades
Spotify’s longtime Chief Executive Daniel Ek said Tuesday that he is stepping down from his position next year and will become executive chairman.Ek, 42, co-founded the Swedish audio company...
Newsom signs AI transparency bill prioritizing safety
SACRAMENTO — Gov. Gavin Newsom signed a bill Monday that will create new transparency measures for large AI companies, including public disclosure of security protocols and reports of critical safety incidents.Sen....
AI chatbot safety bills under threat as Newsom ponders restrictions tech groups say would hurt California
California lawmakers want Gov. Gavin Newsom to approve bills they passed that aim to make artificial intelligence chatbots safer. But as the governor weighs whether to sign the legislation...