Technology
China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey[FRANKFURT] Chinese automotive suppliers are inundating Germany with low-cost components, piling pressure on local manufacturers that...
Chinese LNG demand looks set to disappoint for yet another year
[BEIJING] Chinese liquefied natural gas (LNG) imports are at risk of another weak year as disappointing industrial demand and persistently high global prices look set to reduce purchases.Imports will...
Snapchat is nearing 1 billion monthly users. Why can’t it turn a profit?
Snapchat, an app whose disappearing messages and silly face filters made chatting with loved ones more casual, is close to a milestone that few social media platforms achieve: reaching...
Warner Music Group settles lawsuit with AI firm Suno
Warner Music Group on Tuesday announced a partnership with AI business Suno that will compensate music artists and songwriters, ending a legal battle between the two companies. Suno allows...
‘Guaranteed Human’: Audio giant iHeartMedia says real people, not AI personalities, are at the controls
As media executives wrestle with the use of artificial intelligence, radio giant iHeartMedia wants to stand out.“We don’t use AI-generated personalities. We don’t play AI music that features synthetic...
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
[SINGAPORE] Co-living operator Coliwoo reported a net profit of S$5.7 million for the second half ended Sep 30, a 75.1 per cent drop from S$22.9 million for the year-ago...
iFly Sentosa parent sues Simba over equipment ‘trespass’
[SINGAPORE] Skyventure VWT, which provides an indoor skydiving experience through AltitudeX on Sentosa island, has taken telco Simba to court over alleged equipment “trespass”.Skyventure alleges that Simba’s equipment, which...
Commentary: California’s first partner pushes to regulate AI while Trump and tech bros thunder forward