News

‘Brazen act of self-dealing’: Democrats seek to block a Trump-linked crypto bank
WASHINGTON — Federal regulators have given preliminary approval for a cryptocurrency venture tied to President Trump and his family to operate a digital-asset bank, a decision that has drawn immediate condemnation...
‘The young ones are the best ones’: Meta on trial for alleged effort to hook kids
California launched a salacious opening to its hotly anticipated multistate lawsuit against Meta on Tuesday morning, detailing the tech titan’s focus on its preteen users in language that could...
Hollywood strikes first AI copyright truce with ByteDance
The Motion Picture Assn. has struck its first agreement with an artificial intelligence company, saying Monday that ByteDance has strengthened copyright guardrails into its AI video and image tools...
Meta, fighting accusations of hurting kids, is dealt major blow over key witness
California can keep a star witness and introduce key evidence during opening statements in its case against Meta, a federal judge has ruled, dealing a blow to the tech...
Google co-founder Sergey Brin spending more than $100 million fighting California wealth tax
The fight over a proposal to tax the assets of California billionaires to fund healthcare is getting more expensive. Google co-founder Sergey Brin has poured $102 million this year...
Spotify to label ‘AI personas’ and exclude AI music from personal recommendations
In its latest effort to protect human creators from the flood of synthetic music, Spotify will soon require AI-generated identities to carry an “AI Persona” label while barring their...
If you don’t hear the siren, police are sure you’ll feel the Rumbler
Los Angeles police are rolling out a new siren, and you don’t just hear it. It rattles your bones.When the New York Police Department started using the Rumbler in...
DBS, OCBC surge on strong H1 results but don’t overlook the potential of underdog UOB
[SINGAPORE] There was a lot riding on the financial results of DBS, OCBC and UOB last week – with some analysts calculating that the three stocks had accounted for...
SK Hynix said to mull options for US$3 billion Chongqing plant
Published Sat, Aug 8, 2026 · 04:25 PM[HONG KONG] South Korea’s SK Hynix is considering options for its Chongqing, China-based facility, including bringing in an investor to help accelerate...
Meta ordered by New Mexico judge to pay $567 million in landmark child safety case
In another major blow to Meta, a New Mexico judge ordered the social media giant pay $567 million and take actions to make its platform safer for young people.The...
TikTok to close Nashville office, lay off 250 employees
TikTok said Wednesday it will close its Nashville office in October, laying off 250 workers.The move is a retrenchment from the social video company’s expansion into Nashville in 2024...
Cat A COE premium eases as demand is diverted to Cat B
With the gap in premium between the two categories narrowing, buyers may prefer bigger cars, say observers[SINGAPORE] The Certificate of Entitlement (COE) premium for smaller cars eased in August’s...