News

Another bot from a top AI company escapes and hacks multiple firms
Another leading artificial intelligence company unveiled details of its cutting-edge bot apparently going rogue. On Thursday, Anthropic said an internal investigation found that its Claude AI models gained unauthorized...
OUE to book H1 FY2026 net loss on associate losses, impairment charge
It owns 29.07% of an investee company which has been hit by the slowdown of the property market in China[SINGAPORE] OUE is expected to book a net loss for...
Trust, not tracking: inside the L.A. company that got workers back to the office
Los Angeles video gaming company Riot Games abandoned its return-to-office requirements in January, and surprisingly, more of its employees have been showing up at work. Two years of dictating...
Once high-flying PayPal becomes a takeover target as it attempts a turnaround
Digital payments giant PayPal was soaring high five years ago, riding the surge in online shopping after the COVID-19 pandemic reshaped people’s buying habits.Now the San José fintech company...
ST Engineering unit bags S$840 million contract for Taiwanese rail line
The project is expected to start in Q4 this year and will be delivered over eight years[SINGAPORE] The urban solutions business of ST Engineering has secured an S$840 million...
Porsche to shed 5,000 jobs by 2035 under German factory pact
Published Mon, Jul 27, 2026 · 11:27 PM[STUTTGART] Porsche agreed to eliminate 5,000 jobs by 2035 as part of a deal with labour officials that protects its main German...
Hollywood’s open secret: It’s battling AI — and already addicted to it
As performers protest and studios sue in their war on artificial intelligence, the entertainment industry is deepening its dependence on it. Although few places are better than Hollywood at...
Indonesian stocks briefly near bull market as sentiment steadies
Published Sat, Jul 25, 2026 · 04:25 PM[JAKARTA] A brief rally in Indonesian stocks pushed the benchmark index to the cusp of a bull market, as investors rotated into...
Sias questions Accrelist after audit adjustments quadruple its FY2026 net loss
It is also asked about the material variation between its unaudited and audited statements in nine of the last 10 financial years[SINGAPORE] The Securities Investors Association (Singapore), or Sias,...
Commentary: AI companies are creating ‘all-powerful psychopaths.’ Maybe not a great idea?
Repeated law-breaking. Lying and deceit. Reckless disregard for safety. Lack of remorse. Those are traits that help define a psychopath, someone who lives among us but doesn’t have the...
They built AI. Now Silicon Valley workers protest its threat to jobs and humanity
Silicon Valley residents are increasingly trying to stop the advance of artificial intelligence, even as the region attracts hundreds of billions of dollars in investment to expand the technology’s...
Sony Music Entertainment files new lawsuit against AI startup Udio
Sony Music Entertainment on Monday filed a new lawsuit against artificial intelligence startup Udio, alleging it infringed on more than 30,000 recordings.Sony said Udio ripped off music recordings from...