Technology
Asian central banks, consumers flock to gold amid currency weakness, macro uncertainty
GOLD prices have hit new highs in recent months, but several countries are still on a gold-buying spree as demand for the precious yellow metal has soared despite higher...
Robinhood Crypto gets Wells notice from US SEC
RETAIL trading platform Robinhood Markets said on Monday (May 6) it received an enforcement action notice from the US Securities and Exchange Commission (SEC) on May 4 over crypto...
Microsoft readies new AI model to compete with Google, OpenAI
Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and OpenAI, the Information reported on Monday (May 6).The new model,...
Morgan Stanley strategists see inflation as key for path of US stocks
“MIXED” messages from key US economic data and the accompanying swings in stock markets mean investors should load up on defensive sectors such as consumer staples, according to Morgan...
SAP extends CEO Klein’s contract until 2028
SAP has prolonged CEO Christian Klein’s contract for a further three years, extending it to the end of 2028, the German software company announced on Monday (May 6).
In addition,...
L.A. influencers, businesses live or die on TikTok’s algorithm. Now they fear for the future
Brandon Hurst has built a loyal social media following and a growing business selling plants on TikTok, where a mysterious algorithm combined with the right content can let users...
Struggling French tech group Atos weighs financial lifelines
STRUGGLING French tech group Atos, an Olympics partner and key French defence contractor, said on Monday (May 6) it would make a decision on financial restructuring offers by May...
GLP says 2025 bond repayment sources identified
ASIAN logistics operator GLP told investors it has identified sources to help it repay a US$1 billion US dollar bond due 2025 and has already paid back US$1.7 billion...
Missouri Man Strangles Wife to Death at Hospital Because He Couldn’t Afford to Pay Her Medical Bills
A Missouri man was charged with second degree murder after he allegedly strangled his wife to death while she lay in a hospital bed to get a new port...
Colorado Dentist Accused of Fatally Poisoning Wife Now Charged with Asking Fellow Inmate to Plant Letters to Make Wife Look Suicidal
The Colorado dentist accused of poisoning his wife's protein shakes and trying to persuade his daughter to tamper with evidence against him has now been charged with asking a...