Lifestyle
Uber issues muted holiday forecast as it hits record profit
UBER Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit. The company posted US$1.06 billion in operating income...
Winking Studios seeks dual listing on AIM Market
WINKING Studios announced its intention to seek a listing on the AIM Market of London Stock Exchange (LSE) in November to support expansion into western markets.In a bourse announcement...
Samsung rises after signalling progress with Nvidia on AI memory
Samsung Electronics declared progress in supplying its most advanced artificial intelligence (AI) memory chips to Nvidia, offering some reassurance to investors who fear the company’s falling further behind SK...
Coinbase pledges further US$25 million of political funding for crypto
Coinbase Global committed another US$25 million of funding to Fairshake, a political action committee for the digital-asset industry that has become an influential player in the US election. Fairshake will...
Australia takes Optus to court for allegedly selling mobiles to vulnerable customers
Australia’s competition watchdog is taking Singtel-owned Optus to court, alleging it engaged in misconduct while selling mobile phones and plans, particularly to vulnerable customers.The Australian Competition and Consumer Commission...
Meta sales narrowly beat on AI boosting advertising revenue
Meta Platforms projected stronger-than-expected holiday quarter sales, and touted artificial intelligence (AI) improvements to its core advertising business. But it wasn’t enough to satisfy Wall Street.Meta told investors on...
New Starbucks CEO is testing investors’ US$21 billion bet
Starbucks’ new chief executive Brian Niccol is facing a key test: convincing investors he’s worth the US$21 billion in market value the coffee chain notched after his appointment.On Wednesday...
Oil rises on US stockpiles drawdown, Opec+ mulls output hike delay
Oil prices rebounded on Wednesday (Oct 30), rising more than 2 per cent after data showed US crude and gasoline inventories fell unexpectedly last week and on reports that...
