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SINGAPORE: Members of Parliament (MPs) on Wednesday (Oct 16) raised concerns that government intervention in corporate deals could affect Singapore’s business-friendly reputation, after a proposed deal between Income Insurance and German insurance was blocked. Nearly 20 MPs from both sides…
SAO PAULO : Microsoft on Thursday pledged to invest 14.7 billion reais ($2.70 billion) in Brazil over three years to enhance its cloud infrastructure and artificial intelligence (AI) in Latin America’s largest economy. WHY IT’S IMPORTANT The amount is the…
SINGAPORE: The highly anticipated trial of former transport minister S Iswaran is set to open on Tuesday morning (Sep 24), eight months after he was charged with corruption linked to Formula 1 bigwig Ong Beng Seng. The criminal trial is one-of-a-kind in…
Global shipments for augmented and virtual reality (AR/VR) headsets are expected to grow 41.4 per cent in 2025, powered by more affordable devices and addition of artificial intelligence features, research firm IDC said on Monday. WHY IT’S IMPORTANT Worldwide shipments…
HANOI : Italy’s Enel is preparing to exit Vietnam, three people briefed on the matter told Reuters, in what would be the latest move by a western firm to scrap renewable power projects in a country struggling to implement its…
Roblox will roll out paid videogames on its platform and allow developers to sell physical merchandise through their created games, the company said on Friday. The video gaming company will add the ability to price certain games, or what it…
AI chip and software startup Recogni unveiled a novel computing method on Tuesday that could make its chips used to train and run artificial intelligence systems smaller, faster and less expensive to operate. Backed by BMW, Bosch and venture capital…