News
Tan Kok Huat, CEO of Reclaims Global, boosts stake
[ad_1] Financial services and telecommunications booked the most net institutional inflow for the week of Nov 7 to 13[SINGAPORE] Over the five trading sessions from Nov 7 to 13, institutions...
US jury says Apple must pay Masimo US$634 million in smartwatch patent case
[ad_1] A FEDERAL jury in California said on Friday(Nov 14) that Apple owes medical-monitoring technology company Masimo US$634 million for infringing a patent covering blood-oxygen reading technology.The jury agreed with...
Buffett acquires US$4.9 billion stake in Google parent Alphabet
[ad_1] WARREN Buffett’s Berkshire Hathaway acquired 17.9 million shares of Google parent Alphabet during the third quarter, while further trimming its holdings in Bank of America and Apple.Berkshire’s Alphabet stake,...
Musk’s Grokipedia leans on ‘questionable’ sources, study says
[ad_1] ELON Musk’s Grokipedia carries thousands of citations to “questionable” and “problematic” sources, US researchers said Friday (Nov 14), raising doubts about the reliability of the artificial intelligence (AI)-powered encyclopedia...
Google plans US$40 billion Texas data centre investment amid AI boom
[ad_1] ALPHABET’S Google will invest US$40 billion in three new data centres in Texas, as part of its push to expand capacity for artificial intelligence (AI) initiatives.The planned investment, which...
US: Wall Street ends mixed; traders look to Nvidia report
[ad_1] WALL Street stocks ended mixed on Friday (Nov 14) as investors looked ahead to Nvidia’s quarterly results next week and worried that the Federal Reserve may hold off on...
US: Wall Street tumbles as tech selloff extends, rate cut hopes fade
[ad_1] [NEW YORK] Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts...
Japan’s megabanks lift profit forecasts to record highs, step up buybacks
[ad_1] The banks’ strong Q2 earnings demonstrate their success in weathering uncertain global economic conditions[TOKYO] Japan’s largest banks raised their annual profit forecasts and expanded share buyback programmes after strong...
Cartier owner sales lifted by jewellery, improving Asia
[ad_1] Strong demand for jewellery boosted the sales of brands such as Buccellati, Cartier, Van Cleef & Arpels and Vhernier by 6% [ZURICH] Swiss luxury group Richemont, owner of Cartier...
People are dumping Tinder. The dating app wants to reignite its spark with Gen Z
[ad_1] More than a decade ago, Tinder became the hottest dating app, transforming modern romance by making it possible for singles to swipe through people’s profiles, match and meet up.Now,...
