News

Nacho versus Taco: Are these Tex-Mex themes about to give investors in Singapore indigestion?
Mega-cap listing aspirants may draw liquidity away from less exciting companies around the world[SINGAPORE] When global bond yields suddenly began surging on May 15, it felt as though investors...
Space ETFs booming in anticipation of SpaceX IPO
Analysts highlight sector growth but warn of overlapping holdings and niche market risksPublished Sat, May 23, 2026 · 12:38 PM[PROVIDENCE, Rhode Island] Space-themed exchange-traded funds are blasting off, with...
Another California tech company lays off thousands
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry.Mountain View-based Intuit, the maker of TurboTax, on Wednesday said it was laying off 17%...
Teo Siong Seng price-fixing allegation: PIL declines comment on Singamas’ legal matters
Singamas Container Holdings’ shares fall 13.6% on news of collusion among executives of 4 key container makers[SINGAPORE] Singapore shipping veteran Teo Siong Seng has been accused by the United...
Disney accused of misusing facial recognition technology
A visitor has filed a $5-million lawsuit against Disneyland for allegedly failing to properly disclose the use of facial-recognition technology at park and collecting sensitive data on guests.Summer Christine...
Jury rejects Elon Musk’s lawsuit, sides with OpenAI in bitter feud over AI future
A federal jury sided with OpenAI and its top executives on Monday in a feud with Elon Musk, who accused them of betraying a shared vision for it to...
Tech leaders funding Matt Mahan’s campaign for California governor say it’s not about tech
San José Mayor Matt Mahan’s run for California governor has been defined from the start by his donor list.Mahan entered the race late and with little statewide name recognition,...
Singapore launches first EV fast-charging hub within an HDB car park at Tengah
The hub has 14 charging points, eight of which are fast-chargers capable of up to 100 kW of power output[SINGAPORE] National power company SP Group and EV-Electric Charging debuted...
SpaceX holders sign off on 5-for-1 stock split ahead of IPO
Published Sat, May 16, 2026 · 02:05 PM[NEW YORK] SpaceX notified investors that it is executing a 5-for-1 stock split, a move that will reduce the price investors will...
Gamers, developers protest Saudi Arabia’s bid to acquire Electronic Arts
As Electronic Arts moves closer to closing a sale of the gaming company to Saudi Arabian investors, it’s facing backlash from a group of protestors who are calling it...
Demi Moore says Hollywood has to ‘find ways’ to work with AI, not fight it
Demi Moore is weighing into the debate over Hollywood should respond to the growing influence of AI, saying performers need to embrace the technology.“I always feel that against-ness breeds...
EBay rejects GameStop’s $56-billion takeover offer
California online marketplace EBay said Tuesday its board rejected GameStop’s unsolicited $56-billion takeover offer.The proposal was “neither credible nor attractive,” EBay’s board said in a statement. The San José...