Fashion
Adobe launches AI video tool to compete with OpenAI
The Firefly Video Model, as Adobe is calling the service, will compete against SoraADOBE on Wednesday (Feb 12) released the first public version of an artificial intelligence (AI) tool...
Apple brings TV+ to Android phones in bid to boost subscribers
The move marks the rare occasion when Apple is offering services on Google’s Android, its biggest competitor in smartphone softwareAPPLE expanded the TV+ video service to Android phones for...
US: Dow, S&P 500 fall on higher inflation data
WALL Street stocks mostly fell on Wednesday (Feb 12) following US inflation data that further clouded the prospects for additional Federal Reserve interest rate cuts.The consumer price index rose...
Sorry, T-bills. It’s time to look elsewhere for yields
INTEREST in Singapore’s Treasury bills (T-bills) surged over the past two years, as rising interest rates elevated demand for yield and stable returns.
T-bills also found favour as investors sought...
Hollywood writers say AI is ripping off their work. They want studios to sue
When the Writers Guild of America approved a contract with major studios in 2023, ending a 148-day strike, the union became the first bargaining group to gain significant guardrails...
iFast Q4 net profit up 46.3% to S$19.3 million
DIGITAL bank and wealth management platform iFast has reported a 46.3 per cent increase in net profit to S$19.3 million for the fourth quarter ended Dec 31, 2024, from...
Alibaba becomes China’s new AI darling with US$87 billion rally
THE frenzy over Chinese artificial intelligence is turning Alibaba Group Holding into an investor favourite again, injecting new life into an e-commerce giant that had nearly sunk into obscurity...
Digital Core Reit H2 DPU up 1.1 per cent to US$0.018
DIGITAL Core Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of US$0.018 for the six months ended Dec 31, 2024, up 1.1 per cent from the...
Hanwha Group’s Pinetree Securities joins Alta Exchange as member firm
PINETREE Securities, the Singapore-based unit of South Korea’s Hanwha Investment & Securities, has joined Alta Exchange as a member firm. Under the strategic partnership with the Asian digital securities...
Singapore shares track regional gains; STI up 0.4%
Across the broader market, gainers outnumber losers 347 to 186 after 1.9 billion securities worth S$1.5 billion change hands SINGAPORE shares ended Wednesday (Feb 12) in a positive territory amid...
A*Star officially launches S$38 million MedTech Catapult to drive medical device commercialisation
THE Agency for Science, Technology and Research (A*Star) on Wednesday (Feb 12) launched MedTech Catapult, an initiative meant to accelerate the development and commercialisation of life science instruments and...
