Real Estate
Cash-strapped Stability AI raises US$80 million with new CEO and board
STABILITY AI said on Tuesday (Jun 25) it has raised funds and appointed industry veteran Prem Akkaraju as its top boss, months after the exit of founder and CEO...
Google to showcase AI, new Pixel phones at surprise Aug 13 event, The Verge reports
GOOGLE will showcase artificial intelligence (AI) features, and updates to its Pixel devices and the Android platform at a special event on Aug 13, according to invites shared online...
Waymo robotaxi service opens to all in San Francisco
THE Google-owned Waymo robotaxi service on Tuesday became available to anyone in San Francisco interested in hailing a driverless ride.Waymo has been cautiously expanding its robotaxi service, access to...
FedEx soars as cost cuts drive better-than-expected forecast
FEDEX forecast profit above Wall Street’s expectations and said it would buy back US$2.5 billion of its stock over the next year, lifting its shares on signs that a...
Why OCBC’s offer for Great Eastern may hinge on two key shareholders
PLANS to delist Great Eastern Holdings (GEH) have taken another step forward after the number of shares owned or agreed to be acquired by offeror OCBC and its concert...
Nestle launches website for individuals on weight loss drugs
NESTLE’S health unit on Tuesday (Jun 25) launched a Web platform to provide nutritional support for individuals on weight loss programmes, including those using GLP-1 medications.
Nestle Health Science said...
China’s May net gold imports via Hong Kong down about 23% from April
CHINA’S net gold imports via Hong Kong fell about 23 per cent in May to their lowest in eight months as its central bank held off against adding any...
Boeing’s Spirit Aero bid values 737 supplier at US$35 a share
Boeing has offered to acquire Spirit AeroSystems Holdings for about US$35 a share in a deal funded mostly with stock, according to people familiar with the matter.The latest proposal...
