Real Estate
13 months’ jail for third money laundering individual who lied to CAD about wealth source
A THIRD individual in the more than S$3 billion money laundering case has been sentenced to 13 months’ jail.Wang Baosen, a Chinese and Vanuatu passport holder, pleaded guilty on...
Baidu says AI chatbot ‘Ernie Bot’ has attracted 200 million users
CHINA’S Baidu said on Tuesday (Apr 16) its artificial intelligence (AI) chatbot “Ernie Bot” has garnered more than 200 million users as it seeks to remain China’s most popular...
Microsoft invests US$1.5 billion in UAE’s G42, will get board seat
MICROSOFT will invest US$1.5 billion in the United Arab Emirates’ top artificial intelligence (AI) firm, G42, bolstering the Abu Dhabi-based company’s commitment to scale back its presence in China.As...
DeepMind CEO says Google will spend more than US$100 billion on AI
THE chief of Google’s artificial intelligence (AI) business said that over time the company will spend more than US$100 billion developing AI technology – another sign of the investing...
Indonesian rupiah hits four-year low, prompts central bank intervention
THE Indonesian rupiah on Tuesday slid to its weakest in four years as the market reopened after the Eid al-Fitr holidays, prompting the central bank to intervene.The rupiah weakened...
Zuckerberg avoids personal liability in Meta addiction lawsuits
MARL Zuckerberg won his bid to avoid personal liability in about two dozen lawsuits accusing Meta Platforms and other social media companies of addicting children to their products.US District...
Keppel DC Reit to divest Sydney data centre for A$174 million
KEPPEL DC Real Estate Investment Trust (Reit) is divesting a 100 per cent freehold interest in its Sydney data centre, Intellicentre Campus, at an agreed value of A$174 million...
Jamie Dimon finishes million-share sale announced last year
JPMORGAN Chase & Co chief executive officer Jamie Dimon, who announced plans last year to sell one million shares in the lender, sold almost US$33 million of stock on...
