Technology

Wall Street subdued at open as Fed rate cut decision nears
Wall Street subdued at open as Fed rate cut decision nears
[NEW YORK] Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision, while Nvidia shares were whipsawed...
Online child safety advocates urge California lawmakers to increase protections
SACRAMENTO — Julianna Arnold wasn’t alarmed when her teen daughter first joined Instagram.Many people her age were using it. And her daughter Coco had a social life and other hobbies, like...
How Ted Sarandos became the ultimate Hollywood gate-crasher
Hollywood moguls once dismissed the outsize ambitions of Netflix’s executives. “Is the Albanian army going to take over the world?” former Time Warner Chairman Jeff Bewkes asked a reporter...
A safety report card ranks AI company efforts to protect humanity
Are artificial intelligence companies keeping humanity safe from AI’s potential harms? Don’t bet on it, a new report card says.As AI plays an increasingly larger role in the way...
Asia’s strong equity deals pipeline to be tested by AI bubble concerns in 2026
Asia’s strong equity deals pipeline to be tested by AI bubble concerns in 2026
[HONG KONG/MUMBAI] A strong pipeline of high-profile IPOs by companies in China and India looking to tap into a move by investors to diversify bets will bolster Asian equity...
A softer image of AI? This Google-backed film aims to change the narrative
A man mourns the loss of his dead celebrity mom, who unexpectedly appears before him as a hologram in his childhood home, singing and strumming a guitar.The touching scene...
California hammered as national job cuts jump to a five-year high
Job cuts across the country are the highest they have been in five years, led by layoffs in California and cutbacks in Washington.California employers announced 173,022 job cuts from...
Alphabet’s TPU AI chips are a potential US0 billion ‘secret sauce’
Alphabet’s TPU AI chips are a potential US$900 billion ‘secret sauce’
The success of TPU chips is a primary reason for the company’s 31% fourth-quarter share rally[NEW YORK] Alphabet investors are growing increasingly confident that the company’s semiconductors could represent...
Micron to exit consumer memory business amid global supply shortage
Micron to exit consumer memory business amid global supply shortage
[BENGALURU] Memory chipmaker Micron Technology said on Wednesday (Dec 3) that it will exit its consumer business, as it doubles down on advanced memory chips used in artificial intelligence...
Indexes close higher as data keeps Fed rate cut expectations elevated
Indexes close higher as data keeps Fed rate cut expectations elevated
[NEW YORK] US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal...