Fashion
Orsted axes quarter of jobs, pivots to Europe after US setbacks under Trump
[COPENHAGEN] Orsted, the world’s biggest offshore wind farm developer, will cut about 2,000 jobs by the end of 2027, a quarter of its workforce, and will focus more on...
Ex-CIMB Singapore chief Victor Lee to join Security Bank in the Philippines as CEO
[SINGAPORE] Victor Lee, the former chief executive officer of CIMB Singapore, has been appointed president and CEO of the Philippine-listed Security Bank Corp, reported the Philippine Daily Inquirer on...
Launch of knowledge hub aims to beef up AI use among financial institutions: Chee Hong Tat
[SINGAPORE] The Monetary Authority of Singapore (MAS) has launched an artificial intelligence (AI) knowledge hub to help the city-state’s financial institutions strengthen their capabilities in the implementation of AI....
Ferrari lifts the hood on EV tech in maiden electric car
The unveiling offers a glimpse into the brand’s EV future, marking a major milestone in the auto industry’s shift from combustion to battery power[MARANELLO] Ferrari has unveiled the technology...
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...
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...
Can driverless cars get tickets? What happened when Bay Area police pulled over a Waymo
Police in San Bruno, Calif., were patrolling for drunk drivers when they observed a car traveling erratically. But this couldn’t be chalked up to an impaired or distracted driver....
ChatGPT launches new parental controls for teens amid growing safety concerns
The company behind ChatGPT, OpenAI, launched new parental controls for teen accounts on Monday, a month after a California family filed a lawsuit alleging that its chatbot encouraged their...
Amazon to pay $2.5 billion to settle claims it duped Prime customers