Technology
Apple iPhone 16 reaches stores without its highly awaited AI features
APPLE is facing an unprecedented challenge: persuading customers to buy its latest iPhones without their biggest new feature.On Friday (Sep 20), Apple is launching the iPhone 16 lineup in...
Warner Music to cut 750 jobs in restructuring push
WARNER Music Group said on Thursday it would lay off about 750 employees, or 13 per cent of its workforce, as part of a revised strategic restructuring plan to...
DBS sees wealth fees doubling by 2027 as the rich head to Asia
DBS Group Holdings aims to double fees from wealth management by 2027 as more of the world’s affluent investors shift their assets to Asia.DBS’ income from servicing rich clients...
Nike to replace CEO John Donahoe with long-time company veteran
NIKE ousted beleaguered chief executive John Donahoe, bringing long-time executive Elliott Hill out of retirement to return the struggling athletic brand to its glory days.Hill originally joined Nike in...
US accuses social media giants of ‘vast surveillance’
A YEARS-LONG analysis shows that social media titans engaged in “vast surveillance” to make money from people’s personal information, according to the US Federal Trade Commission (FTC).A report based...
China, EU agree to intensify talks ahead of EV tariff vote
THE European Union and China agreed on Thursday (Sep 19) to intensify discussions as the two sides seek ways to avert looming tariffs on electric cars ahead of a...
US: Dow, S&P 500 end at records as market digests Fed rate cut
WALL Street stocks soared to fresh records on Thursday as markets cheered the Federal Reserve’s move to aggressively cut interest rates to protect the labour market.The Dow Jones Industrial Average gained...
Social media platforms engaged in ‘vast surveillance’ and failed to protect young people, FTC finds
Major social media platforms and video streaming services that gather a “staggering” amount of data from its users have failed to protect young people and safeguard online privacy, the...
