Year
UBS plans January job cuts to kick off final year of integration
[ZURICH] UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be followed by another...
Hollywood stars launch Creators Coalition on AI
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid the growing AI industry.The group, called Creators Coalition on...
At a Silicon Valley summit, robots fold laundry—and investors open their wallets
Robots from around the world converged on Silicon Valley to provide a glimpse of a potential future.Two robots picked up T-shirts with orange-tipped claws, then neatly folded and piled...
What happens to Roombas now that the company has declared bankruptcy?
Roomba maker IRobot filed for bankruptcy and will go private after being acquired by its Chinese supplier Picea Robotics.Founded 35 years ago, the Massachusetts company pioneered the development of...
Ringgit’s outperformance set to extend next year on AI boost
[SINGAPORE] The Malaysian ringgit is on course to beat its Asian peers for a second straight year, and some strategists are expecting the outperformance to extend into 2026.Malaysia’s deep...
Hong Kong, India fuel blockbuster year for Asia fundraising
Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades[HONG KONG] Not long ago, Hong Kong’s share-sale market was a symbol of China’s...
Roblox sued by Southern California families alleging children met predators on its platform
Video gaming platform Roblox is facing more lawsuits from parents who allege the San Mateo, Calif., company isn’t doing enough to safeguard children from sexual predators. A Los Angeles...
Online child safety advocates urge California lawmakers to increase protections
SACRAMENTO — Julianna Arnold wasn’t alarmed when her teen daughter first joined Instagram.Many people her age were using it. And her daughter Coco had a social life and other hobbies, like...
