News
Millennium, Jane Street show Hong Kong’s lure for key IPO investors
[ad_1] [HONG KONG] The blistering rebound in Hong Kong listings this year has lured a wave of big names into the role of cornerstone investors.Millennium Management, Jane Street Group and...
How Ted Sarandos became the ultimate Hollywood gate-crasher
[ad_1] Hollywood moguls once dismissed the outsize ambitions of Netflix’s executives. “Is the Albanian army going to take over the world?” former Time Warner Chairman Jeff Bewkes asked a reporter...
Warner CEO Zaslav poised to become billionaire from Netflix deal
[ad_1] [NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as...
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
[ad_1] [NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates...
Apple sends new round of cyberthreat notifications to users in 84 countries
[ad_1] The company is regularly warning users who may have been targeted by state hackers[WASHINGTON] Apple has sent a new round of cyberthreat notifications to users in 84 countries, the...
SoftBank’s Arm plans to set up chip training facility in South Korea
[ad_1] It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments[SEOUL] South Korea’s industry ministry and SoftBank’s chip unit, Arm, have signed...
X hit with 120 million euros EU fine for breaching content rules, TikTok settles
[ad_1] Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration[BRUSSELS] Elon Musk’s social media company X was fined 120 million euros (S$181 million)...
A safety report card ranks AI company efforts to protect humanity
[ad_1] Are artificial intelligence companies keeping humanity safe from AI’s potential harms? Don’t bet on it, a new report card says.As AI plays an increasingly larger role in the way...
Singapore shares dip; STI down 0.1% on cautious sentiment
[ad_1] [SINGAPORE] Both Straits Times Index (STI) and the iEdge Singapore Next 50 Index finished lower on Friday (Dec 5), as concerns on the US economy continued to weigh on...
Temasek-backed Fullerton pares China hedge fund operations, workforce: source
[ad_1] [SINGAPORE] Fullerton Fund Management, backed by Temasek Holdings, has sharply scaled back its China private fund operations after years of struggling to build scale, a person with direct knowledge...
