News

AI is cutting hours of office work, but also creating a new kind of busywork
As the use of artificial intelligence spreads across companies worldwide, it is relieving workers of tedious old chores but creating new ones. A new survey of individuals using AI...
US stocks: Wall Street ticks up as chips rebound, Middle East in focus
Published Thu, Jun 11, 2026 · 10:45 PMWALL Street’s major indexes inched higher on Thursday, as investors sought bargains in beaten-down technology stocks and kept a close watch on developments around...
Greenback treads water with US-Iran clashes, inflation data in focus
Published Wed, Jun 10, 2026 · 09:11 PM[LONDON] The greenback held steady on Wednesday (Jun 10) as markets remained on edge over the latest clash between the US and...
US stocks: Wall Street rises as tech shares gain, Middle East tensions ease
Published Tue, Jun 9, 2026 · 10:31 PMWALL Street’s major indexes advanced on Tuesday (Jun 9), as technology stocks rose for a second day after last week’s rout, and...
Apple revamps Siri as it tries to catch up in the AI race
Apple on Monday unveiled a new version of its virtual assistant Siri, to take on its artificial intelligence-powered rivals such as OpenAI’s ChatGPT and Google’s Gemini.The California smartphone maker...
Samudera Shipping-chartered vessel sinks en route from Singapore to Pasir Gudang
All crew members safe; group does not expect the incident to have any signifcant impact to its business or financials[SINGAPORE] A container vessel chartered by mainboard-listed Samudera Shipping on...
Value of Huntington Beach defense tech startup balloons to $1.8 billion
California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company’s valuation to $1.8 billion within a year. The Huntington Beach startup’s soaring valuation...
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...
‘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...
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...
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...