Technology
Intel shares soar as Nvidia embrace brings it into the AI boom
Intel shares have skyrocketed after Nvidia announced plans to invest in and partner with the company, sparking hope that the old chipmaker could avoid being left behind in a...
Del Monte Pacific gets Philippine Stock Exchange suspension after annual report non-submission
DMP did not meet the PSE’s extended deadline “due to the same reasons disclosed by the company (when) requesting the extension”, the company says[SINGAPORE] The Philippine Stock Exchange (PSE)...
Microsoft pledges to invest US$30 billion in UK as Trump visits
Britain ranks among the top countries for private AI investments over the past decade[LONDON] Microsoft announced on Tuesday (Sep 16) a US$30 billion investment in the UK over four...
Elon Musk’s xAI lays off 500 people training its Grok chatbot
Elon Musk’s artificial intelligence startup xAI has laid off 500 workers from its data annotation team, which helps train its Grok chatbot.The layoffs were earlier reported by Business Insider.The...
Trump seems to claim TikTok deal ahead of Wednesday deadline
President Trump, who years ago led the charge to ban TikTok from the U.S., seemed to claim credit for saving it in a move he said should delight young...
With stock purchase, Elon Musk signals confidence in Tesla’s self-driving tech
In a move that boosted Tesla’s stock in midday trading on Monday, it was revealed that Chief Executive Elon Musk purchased approximately $1 billion worth of the company’s shares.The...
SIA Group’s passenger traffic up 5.4% in August
Passenger traffic is at 13.6 billion for the month, compared with 12.9 billion in the corresponding period last year
STI edges down 0.1% on Monday, bucking regional trend
Across the broader market, advancers outnumber decliners 319 to 240 after 1.7 billion shares worth S$1.4 billion change hands[SINGAPORE] The Straits Times Index (STI) inched lower on Monday (Sep...
