Business

Why I'll never be convinced by Meta's ‘pervert’ glasses | Opinion

'Most people don’t want pervert glasses that can film us without our consent,' said a spokesperson from activist group Everyone Hates Elon. The group has launched a series of guerilla adverts deriding non-consensual filming by the glasses…

How China’s A.I. Is Surging Across Africa

In African tech hubs, developers are picking China’s cheap, freely available artificial intelligence models over more powerful U.S. ones.

GlobalFoundries tops second quarter estimates on AI chip demand

WP calls for SME-driven economic growth; PAP says Singapore needs both local firms and MNCs

The debate centred on whether Singapore should rebalance its economic strategy to place greater emphasis on homegrown enterprises.

Wall Street Bonuses Poised to Increase as Deals Surge

Wall Street bonuses are projected to rise 10% to 15% or more for investment and commercial bankers as their results outpace other sectors of finance. Katherine Doherty reports on "Bloomberg Open Interest." (Source: Bloomberg)

Griffin's Citadel Jumps Nearly 6% After Situational Awareness Deal

Ken Griffin's flagship Citadel fund rose almost 6% in July after buying most of Situational Awareness's public stocks at a discount. Citadel is up almost 12% on the year. Fallout from the troubled artificial-intelligence Situational…

China jails retired defence tech overseer for 10 years in US$6.3m corruption case

A former senior Chinese defence official has been sentenced to 10 years in prison for accepting over 43 million yuan (US$6.3 million) in bribes, as China’s anti-corruption drive continues it sweep through the military sector. Zhang…

Disney's Third-Quarter Profit Growth Driven by Parks, Streaming

Walt Disney Co.’s fiscal third quarter profit beat Wall Street estimates as soaring income from its entertainment division and the resilience of its theme parks in California and Florida delivered a second straight quarter of…

Indonesia's economy grows 5.29 percent despite global uncertainty

Indonesia’s economic performance continues to outpace global trends despite persistent geopolitical tension and ...

Who is Tewolde Gebremariam? All you need to know about Air India’s new CEO

Tewolde Gebremariam takes over from Campbell Wilson, the New Zealander and former Singapore Airlines executive who was appointed in 2022 to lead Air India's transformation. Air India had earlier disclosed that Wilson had informed Chairman…

Vusion Explores Strategic Options, Including Possible Sale

Vusion is in the early stages of exploring strategic options, including a potential sale, people familiar with the matter said.

Film posters for The Mummy banned from public display in UK

Watchdogs say adverts in London tube stations broke its rules with ‘realistic impression of a dead child’ W arning: graphic image Film posters for The Mummy have been banned from outdoor public display in the UK because they include…