Lifestyle
Google’s AI-fuelled gains in cloud bode well for Amazon, Microsoft
GOOGLE-parent Alphabet’s breakout cloud sales in the July-to-September quarter bode well for top cloud providers Microsoft and Amazon.com, and signal that market for AI-aided computing power is only growing.
The...
Australian lender ANZ launches structural overhaul amid regulatory woes
ANZ Group has unveiled an organisational overhaul, with an aim to streamline operations and enhance data analytics, the Australian lender said on Wednesday (Oct 30) as it sought to...
Keppel’s private-credit fund raises US$300 million in first close
KEPPEL’S third private-credit fund raised around US$300 million of committed capital in its first close, the global asset manager and operator announced on Wednesday (Oct 30). The fund, known as...
Toyota sales fell in Japan, China as hybrids see growth in US
TOYOTA Motor’s sales in Japan and China are struggling to shake off a series of challenges, including rising competition from electric vehicle (EV) brands, domestic scandals and recalls abroad,...
Snap gains on results suggesting ad revamp is working
SNAP reported third-quarter revenue that slightly topped analysts’ expectations, suggesting the overhaul of its advertising business is catching on with marketers. The shares rose in extended trading. Sales increased...
Samsung’s sudden US$122 billion wipeout shows the cost of sleeping on AI
JUST a few months ago, Samsung Electronics looked primed to benefit from the global artificial intelligence (AI) boom: profits were surging and its stock was rising towards an all-time...
Visa, Coinbase offer real-time crypto purchases via debit cards
VISA customers with eligible debit cards will be able to deposit funds into their Coinbase Global accounts – sometimes instantly – via a partnership announced by the payments giant...
European car safety agency snubs BYD’s Atto 3 driver assistance system
EUROPE’S car safety agency has issued a “not recommended” rating to the driver assistance system used in BYD’s Atto 3 EV, dealing a blow to the Chinese automaker as...
