News
Broadcom, TSMC eye possible Intel deals to split storied chipmaker, WSJ reports
Intel’s rivals Taiwan Semiconductor Manufacturing Co (TSMC) and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported on...
Data centre S-Reits report growth in latest results
THE rise of artificial intelligence (AI) has been a key theme for investors in recent years, and data centre (DC) assets are likely beneficiaries as the adoption of such...
Falling yields pile pressure on China’s insurers
CHINA’S insurance companies reported higher investment returns in 2024 despite falling market interest rates and an economy flirting with deflation, as the bond market soared, the stock market took off in...
Google and Meta used to champion DEI efforts. Why Big Tech is pulling back
More than a decade ago, outcries about the lack of diversity in the tech industry reverberated across major Silicon Valley companies from Facebook to Google.Women and minorities spoke out...
Meta plans major investment into AI-powered humanoid robots
META Platforms, after pushing into augmented reality and artificial intelligence (AI), has identified its next big bet: AI-powered humanoid robots.The company is making a significant investment into the category...
Apple’s long-promised AI overhaul for Siri runs into bugs, possible delays
APPLE’s long-promised overhaul for the Siri digital assistant is facing engineering problems and software bugs, threatening to postpone or limit its release, according to sources with knowledge of the...
Trump’s Washington is opening its doors to eager fintechs
AFTER struggling to win much sway in a Biden-era Washington, some of the biggest fintech firms are now getting a lot more facetime on Capitol Hill. Groups that lobby...
US Steel, Nippon Steel were blindsided by Trump investment talk
US PRESIDENT Donald Trump’s comments last week that Nippon Steel would invest in United States Steel instead of pursuing a takeover surprised shareholders. It turns out that his words...
Family offices bet on Nvidia before US$589 billion DeepSeek rout
INVESTMENT firms for the world’s ultra-rich boosted their Nvidia Corp. allocations ahead of the DeepSeek-driven selloff.Family offices for Sweden’s Rausing dynasty, US hedge fund billionaire David Tepper and Silicon...
OpenAI’s board rejects bid from Elon Musk-led group
The feud between Elon Musk and rival Sam Altman took a new turn on Friday when OpenAI’s board rejected a $97.4-billion offer by an investment consortium led by the...
