Tech
DBS hires chief of Ping An’s tech group to be its new chief information officer
DBS has hired Eugene Huang, who was chief executive officer of Ping An’s technology arm, to be the bank’s chief information officer (CIO), it said in a bourse filing...
Global car giants seek tech allies in China’s cutthroat EV market
STRUGGLING foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world’s biggest electric vehicle (EV) market, where shiny smart...
Japan’s Nikkei closes at 3-week high on US rate-cut outlook, tech boost
Japan’s Nikkei share average jumped more than 1 per cent on Tuesday (May 7), as investor sentiment brightened on higher bets of US interest rate cuts this year, while...
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...
Tech platforms make pitch for ad deals as TikTok is roiled by politics
SHORT-FORM video took centre stage at tech and social media companies’ annual presentations to advertisers, as platforms such as Snap and Meta look to capitalise on TikTok’s political uncertainty...
Europe: Shares end higher on tech support; banks slide
EUROPEAN shares notched its biggest one-day gain since a week ago on Friday (Apr 4), driven by gains in the technology sector, while banks dropped to over a week’s...
US: Tech shares lead stocks higher
LARGE technology companies enjoyed a positive session on Thursday, lifting the Nasdaq amid continued bullishness over artificial intelligence as investors awaited Apple earnings.Shares of Amazon, Google parent Alphabet and...
AI fuels cloud computing boom for tech giants
Three of Wall Street’s heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial intelligence (AI) drives a rebound in...
