Lifestyle
Nvidia stock surge means CEO’s foundation must double giving
NVIDIA’S surging share price has created a challenge for Jensen Huang’s charitable foundation: As the stock climbs, so does the amount of money it has to give away.The Jen-Hsun...
Adani CFO says US charges linked to only one business contract
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10 per cent of its business, and none of...
Procter & Gamble doubles down on China’s TikTok to reverse sales slump
PROCTER & Gamble (P&G) has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent months, helping its Pantene shampoo lead growth in...
Samsung ordered to pay US$118 million for infringing Netlist patents
A FEDERAL jury in Marshall, Texas, on Friday (Nov 22) awarded computer memory company Netlist US$118 million in damages from Samsung Electronics in a patent lawsuit over technology for...
Amazon doubles down on AI startup Anthropic with another US$4 billion
AMAZON pumped another US$4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalise on generative artificial intelligence technology.This...
Singapore stocks end Friday in the black as GDP growth exceeds expectations; STI up 0.2%
SINGAPORE stocks rose on Friday (Nov 22) as the Republic’s economy exceeded expectations for third-quarter growth, prompting the government to revise the year-on-year growth for Q3 upwards to 5.4...
China’s bottled water billionaire lashes out at Pinduoduo, ByteDance
One of China’s richest people has taken aim at tech firms ByteDance and Pinduoduo for allegedly harming him and Chinese brands.Zhong Shanshan, 69, and his bottled water company Nongfu...
Global banks weigh halting fresh credit to India’s Adani after US indictment
Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US prosecutors’ indictment of its billionaire founder Gautam Adani...
