News

Apple set to become world’s top phone maker, overtaking Samsung
[ad_1] The upcoming 2026 debut of a foldable iPhone and a budget-friendly iPhone 17e will both help sales[HONG KONG] Apple will retake its crown as the world’s largest smartphone maker...
HP to cut about 6,000 jobs by 2028, ramps up AI efforts
[ad_1] HP SAID on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to...
‘Guaranteed Human’: Audio giant iHeartMedia says real people, not AI personalities, are at the controls
[ad_1] As media executives wrestle with the use of artificial intelligence, radio giant iHeartMedia wants to stand out.“We don’t use AI-generated personalities. We don’t play AI music that features synthetic...
US stocks opens mixed as investors assess data, Alphabet shines
[ad_1] [NEW YORK] Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to gauge the...
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares down 2.6%
[ad_1] [NEW YORK] Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share rally as the search giant has made...
EV maker Nio posts 3.5 billion yuan net loss for Q3 2025 
[ad_1] [SINGAPORE] Chinese electric vehicle (EV) maker Nio recorded a net loss of 3.5 billion yuan (S$638 million) for its third quarter ended Jun 30, 2025, narrowing its losses from 5.1...
Board of Dasmond Koh’s NoonTalk Media says management’s pay ‘fair and justifiable’ amid firm’s losses
[ad_1] The remuneration committee has considered defined key performance indicators, performance milestones and market benchmarks[SINGAPORE] The board of Dasmond Koh’s NoonTalk Media has defended the salaries of its management despite...
Singapore insurers more anxious than global peers, as risks related to AI, cybercrimes rise: report
[ad_1] Broader technology disruptions and macroeconomic uncertainties are adding to worries, says PwC study [SINGAPORE] The misuse of generative artificial intelligence (AI) and cybercrime have emerged as among the biggest...
ComfortDelGro and Hello Robotaxi partner on robotaxi deployment in China, overseas markets
[ad_1] The venture will focus on deploying and managing Robotaxi services via ComfortDelGro’s point-to-point operations[SINGAPORE] Transport company ComfortDelGro announced on Tuesday (Nov 25) that its subsidiary, ComfortDelGro (China), has inked...
Alibaba revenue tops estimates with strong instant retail, AI push
[ad_1] The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector[SHANGHAI] Chinese e-commerce giant Alibaba beat analysts’ quarterly revenue estimates on Tuesday (Nov 25)...
Amova announces two new funds with focus on SGX small and mid-cap stocks
[ad_1] This announcement is part of MAS’ EQDP, which aims to revitalise the local bourse[SINGAPORE] Amova Asset Management, formerly Nikko Asset Management, announced that it will be launching two new...
ECB reviews claims Deutsche Bank downplayed financial risks
[ad_1] It underplayed risks in its balance sheet and gave misleading picture of its financial health[BRUSSELS] The European Central Bank is examining claims that Deutsche Bank underplayed risks in its...