FedEx to spin off its freight trucking business

FedEx to spin off its freight trucking business

FEDEX announced the much-anticipated spinoff of its freight trucking division on Thursday (Dec 19), as it restructures operations to focus on its core delivery business. Shares jumped 8 per cent in after-hours trading, adding US$5 billion to FedEx’s market capitalisation. Analysts believe the spinoff could unlock up to US$20 billion in shareholder value, while clearing…

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EU Offers Guidance on How AI Devs Can Obey Privacy Laws

EU Offers Guidance on How AI Devs Can Obey Privacy Laws

The European Data Protection Board has published an opinion addressing data protection in AI models. It covers assessing AI anonymity, the legal basis for processing data, and mitigation measures for impacts on data subjects for tech companies operating in the bloc. It was published in response to a request from Ireland’s Data Protection Commission, the…

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Luigi Mangione Was Planning to ‘Wack’ UnitedHealthcare CEO Brian Thompson Since August and Was Working Alone, Investigators Say

Luigi Mangione Was Planning to ‘Wack’ UnitedHealthcare CEO Brian Thompson Since August and Was Working Alone, Investigators Say

Luigi Mangione, accused of killing CEO Brian Thompson, appears to have been planning his attack as early as August. Investigators found a notebook filled with hostile rants against the insurance industry, which they believe belongs to him. In an entry from August 15, Mangione reportedly wrote, “the details are finally coming together,” expressing he “was…

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Transforming High-Ticket Coaching Success: Jon Penberthy and AdClients’ Game-Changing Methodology

Transforming High-Ticket Coaching Success: Jon Penberthy and AdClients’ Game-Changing Methodology

For most people, selling feels unnatural—difficult and uncomfortable. As a result, many either push through it reluctantly or avoid it altogether. Numerous online business models are designed for those who think they can’t sell or have failed at it before, offering strategies like blogging and e-books to attract customers without direct selling. However, if you…

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Singapore’s Financial Sector Faces AI-Powered Cyber Threats: New Research Shows Promise

Singapore’s Financial Sector Faces AI-Powered Cyber Threats: New Research Shows Promise

Singapore’s position as Asia’s premier financial hub faces an emerging challenge: artificial intelligence-powered cyber attacks that can bypass traditional security measures. With the financial sector processing trillions in daily transactions, this new breed of threats poses unprecedented risks to the nation’s economic stability. Recent history underscores these risks. The 2019 Singapore Airlines breach compromised 580,000…

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