News
Telstra’s profit jumps, announces A$750 million share buyback
[ad_1] TOP Australian telecom firm Telstra met consensus expectations for its first-half profit on the back of its mobile business and announced an A$750 million (S$639 million) share buyback, citing...
Microsoft develops AI model for videogames
[ad_1] MICROSOFT has developed an artificial intelligence (AI) model of a videogame which can help generate visuals and actions, the company announced on Wednesday (Feb 19).The model, called Muse, was...
Nasdaq-listed Grab’s Q4 profit falls to US$27 million, but beats analyst estimates
[ad_1] NASDAQ-LISTED Grab on Thursday (Feb 20) posted a net profit of US$27 million for the fourth quarter ended December, down from US$35 million in the previous corresponding period. The...
Google develops AI co-scientist to aid researchers
[ad_1] GOOGLE has developed an artificial intelligence (AI) tool to act as a virtual collaborator for biomedical scientists, the US blue chip said on Wednesday (Feb 19).The new tool, tested...
Microsoft unveils quantum computing chip for future data centres
[ad_1] MICROSOFT announced its first quantum computing chip, a major step in the company’s effort to produce devices that might someday solve problems beyond the reach of modern computers.The company...
Reviving SGX is not the endgame – creating a vibrant financial ecosystem is
[ad_1] IT IS somewhat counterintuitive that shares of the Singapore Exchange (SGX) have weakened since the Monetary Authority of Singapore (MAS) review group on Feb 13 announced tax incentives as...
US: Wall St opens slightly lower as markets assess latest tariff threats
[ad_1] WALL Street’s main indexes opened marginally lower on Wednesday (Feb 19) on worries over US President Donald Trump’s latest tariff threats and head of minutes from the Federal Reserve’s...
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
[ad_1] ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on Wednesday (Feb 19), citing people familiar...
All assets of biotech founder in Novo Nordisk suit frozen, including US$218 million in DBS account
[ad_1] The Danish drugmaker alleges misrepresentations by KBP Biosciences founder Huang Zhenhua about the success of its kidney drug PHARMA giant Novo Nordisk has been granted an injunction by the...
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
[ad_1] ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
The company has opened...
