Real Estate
SoftBank’s Masayoshi Son aims to create ‘super’ AI in new investment drive
SOFTBANK Group’s big-talking founder Masayoshi Son is back, this time with plans to bring about an era of artificial super-intelligence (ASI).Son sketched out ambitions to help create artificial intelligence...
Boeing’s Starliner return to Earth postponed, Nasa says no new date set
BOEING Starliner’s return to Earth from the International Space Station (ISS) with its first crew of astronauts has been postponed, Nasa said on Friday (Jun 21).Nasa did not provide...
Tata Steel workers in Britain to begin indefinite strike next month
AROUND 1,500 Tata Steel workers in Britain will begin an indefinite strike from Jul 8 over the company’s plans to close two blast furnaces and cut up to 2,800...
VanEck sets 0.2% fee for proposed spot Ethereum ETF
INVESTMENT management firm VanEck plans to charge a fee of 0.2 per cent on its proposed spot Ethereum exchange-traded fund (ETF), according to a US Securities and Exchange Commission...
Apple to delay launch of AI-powered features in Europe, blames EU tech rules
APPLE will delay launching three new artificial intelligence (AI) features because landmark European Union tech rules require it to ensure that rival products and services can function with its...
Hedge fund Arrowpoint lures CPPIB, Temasek as anchor investors
FORMER Millennium Management Asia executive Jonathan Xiong’s new hedge fund pod-shop has signed up Canada Pension Plan Investment Board (CPPIB) and a unit of Singapore’s Temasek Holdings as additional...
Amazon mulls US$5 to US$10 monthly price tag for unprofitable Alexa service, AI revamp
AMAZON is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service and has considered a monthly fee...
JPMorgan wealth head sees China’s economic outlook improving
JPMORGAN Chase is seeing signs of an improving economy in China that will bolster the bank’s business in the country after a sluggish period, its CEO of asset and...