Company
Mastercard to buy cyber-defence company for US$2.65 billion
MASTERCARD agreed to buy a cyber-defence company Recorded Future for about US$2.7 billion to boost its ability to protect the card company’s massive global payments system.The purchase will expand...
Apple touts latest AI tools as it unveils iPhone 16
SAN FRANCISCO — Apple on Monday unveiled its newest generation of iPhones, with the usual improvements to their cameras and computing power. But this time, the company touted an additional...
Online fraudster on the loose after bilking investors out of millions with fake inventions, websites
Online, the deeds and ingenuity of Dennis Fountaine had no bounds.One website listed the 67-year-old as a “technologist and entrepreneurial inventor” who has been “conceptualizing, researching, developing and licensing...
Volkswagen goes head-to-head with workforce over proposed company cuts
VOLKSWAGEN (VW) management will face a tense and fearful workforce at a meeting in its headquarters on Wednesday (Sep 4) as it proposes painful cuts, including factory closures in...
Hiap Hoe chairman Teo Ho Beng raises his interest in company
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Aug 23 through to Aug 29, with S$69.5 million of net institutional inflow, adding to the...
Yelp versus Google: an antitrust court fight plays out in San Francisco
San Francisco — For years, Yelp has complained about Google’s practices, alleging that the tech giant placed its own products above competitors in Google search results.Yelp says when a customer...
Opinion: Silicon Valley is maximizing profit at everyone’s expense. It doesn’t have to be this way
A public battle has broken out among the titans of Silicon Valley. One side, led by Elon Musk, PayPal co-founder Peter Thiel and venture capitalists Marc Andreessen and Ben...