News

Ex-girlfriend of former Google CEO Eric Schmidt ordered to pay him $10 million after rape accusations
An arbitrator has sided with former Google Chief Executive Eric Schmidt, saying in a preliminary ruling that he was not guilty of sexual assault against his former girlfriend and...
Trump signs an executive order to vet top AI models for national security risks
WASHINGTON — President Trump signed an executive order Tuesday directing the federal government to establish a voluntary early review process for the country’s most advanced artificial intelligence models, following a months-long...
Meta reveals details about layoffs in Playa Vista and Menlo Park
Meta Platforms announced more details about its latest round of layoffs. As part of its already-announced plans to cut close to 10% of its workforce, more than 2,000 employees...
‘People are getting hurt’: OpenAI sued by Florida over alleged safety risks
Florida sued OpenAI and its chief executive, Sam Altman, on Monday, alleging that the San Francisco tech company failed to inform people about the dangers posed by its popular...
AI company Anthropic files to list shares, heating up race with OpenAI
Anthropic, the company behind the powerful artificial intelligence chatbot Claude, has filed to get ready to list its shares. The development comes days after it raised $65 billion, valuing...
Mizuho plans more Singapore hiring to power next phase of Asia growth
India tops the list of preferred investment destinations for Japanese clients, says Apac CEO Koichi Zaiki[SINGAPORE] Japanese banking giant Mizuho is looking to further expand its Singapore workforce and...
MiniMax plans China IPO as it eyes local rivals like DeepSeek
It is part of a group of Chinese AI firms racing to build and commercialise large language modelsPublished Sat, May 30, 2026 · 03:14 PMCHINA’S MiniMax Group has begun...
Another tech company says it will cut hundreds of jobs amid pivot to AI
Layoffs have continued with another tech company saying it was cutting people to enable it to use more artificial intelligence. Groupon announced in a security filing this month that...
How Issa Rae built TikTok’s first micro-drama hit
A brawny bodyguard shoves a bruised man, hands tied behind his back, toward the hood of a black SUV. A pen and a contract lay atop the metal, ready...
Global clean energy manufacturing supply far exceeds demand
The glut has strengthened renewable power’s appeal as an alternative to fossil fuelsPublished Wed, May 27, 2026 · 11:45 PMCLEAN energy manufacturers around the world now have double the...
IHH Healthcare Q1 net profit edges up 3% to RM528 million
Foreign currency translation differences set the group back by RM796 million during the quarter[SINGAPORE] Integrated healthcare operator IHH Healthcare on Tuesday (May 26) reported a 3 per cent year-on-year...
Boustead more than doubles H2 profit to S$197.7 million
Full-year earnings are up 145%; the board proposes a final ordinary dividend of S$0.04 a share[SINGAPORE] Engineering and technology group Boustead Singapore’s net profit for its second half ended...