Times
Meta, WhatsApp win relief as India tribunal suspends data sharing ban – The Business Times
AN INDIAN tribunal temporarily suspended a five-year data sharing ban between WhatsApp and owner Meta Platforms, a major relief for the US giant which had warned its advertising business...
Databricks caps US$15 billion fundraise with Meta as new investor – The Business Times
DATABRICKS, one of the world’s most valuable privately held tech companies, said on Wednesday (Jan 23) that it has raised more than US$15 billion from companies including Facebook owner...
MPACT Q3 DPU falls 9.1% to S$0.02 amid global headwinds – The Business Times
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31, 2024, from S$0.022 in the year-ago...
Suntec Reit’s H2 DPU slides 13.9% to S$0.0315 – The Business Times
SUNTEC Real Estate Investment Trust’s (Suntec Reit) distribution per unit (DPU) slid 13.9 per cent to S$0.0315 for the second half of 2024 ended Dec 31, from S$0.03659 in...
HSBC’s payments app closure puts around 400 jobs at risk: source – The Business Times
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from lower interest rates, China’s economic chills and geopolitical...
ByteDance plans US$20 billion capex in 2025, mostly on AI: sources – The Business Times
BYTEDANCE, the Chinese owner of TikTok, has earmarked over 150 billion yuan (S$27.9 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence,...
AI spending is set to grow in 2025: report – The Business Times
ARTIFICIAL intelligence (AI) adoption is set to rise as most companies expect to ramp up spending on the technology in their next fiscal year, a report by the Deloitte...
Tariffs will leave everyone worse off, Bundesbank chief warns – The Business Times
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to buy more American oil and gas...
