News
US accuses four of smuggling advanced Nvidia chips to China
The Commerce Department has barred all the chips involved from export to the Asian nation[FLORIDA] Federal prosecutors charged two Chinese nationals and two US citizens with a scheme to...
Former Google chief accused of spying on employees through account ‘backdoor’
When Columbia University law and MBA student Michelle Ritter met former Google chief executive Eric Schmidt in 2020, she said she wanted to pitch a potential investment in a...
Repositioning of IReit Global’s Berlin asset to have ‘significant impact’ on DPU
[SINGAPORE] The absence of property income as a result of the repositioning of IReit Global’s office asset in Berlin is expected to have a “significant impact” on the real...
As Elon Musk plans a robot army, China’s humanoid bots are already on the market
As Elon Musk touted plans to eventually manufacture an army of Tesla bots in Silicon Valley this month, humanoid robots were already being produced and sold to consumers in...
Vietnamese airline Vietjet to resume use of Chinese-made Comac planes: sources
C909, which seats up to 90 passengers, has been operating commercially since 2016[HANOI] Vietnamese budget airline Vietjet plans to resume the use of Comac jets next week after a...
Warner Music Group and AI startup Udio reach agreement in fight over copyrighted music
Warner Music Group on Wednesday said it reached an agreement with artificial intelligence startup Udio, ending a legal battle over concerns that copyrighted music was being used to train...
SGX to reduce board lot size for securities above S$10
[SINGAPORE] Those investors who have been toying with the idea of adding blue-chip stocks to their portfolio but have been put off by their prices may now be able...
Weaponisation of finance over geopolitics a concern, says GIC’s CEO
[SINGAPORE] Given the shifting geopolitical landscape’s major impact on security, trade and supply chains, Singapore’s sovereign wealth fund GIC’s CEO Lim Chow Kiat is worried that this might eventually...
KKR opens Abu Dhabi office in deepening foray into Middle East
[LONDON] KKR is opening an office in Abu Dhabi’s financial centre, part of the alternative investment firm’s efforts to bolster its presence in the emirate as it increasingly becomes...
Roblox to scan users’ faces to verify age amid persistent child safety concerns
Roblox, a popular gaming platform that’s faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify their age if they want to chat with...
