OpenAI to expand ads on ChatGPT to all free and low-cost users, The Information reports
March 21 : OpenAI has told advertising agencies it is increasing the number of users shown ads, with ChatGPT set to display ads to all users on its free and low-cost versions in the coming weeks, The Information reported on Saturday, citing people briefed on the matter.Reuters could not immediately ...
MLT to acquire Grade A warehouse in Mumbai for $53.6 mil
Felicia Tan - Mapletree Logistics Trust (MLT) is proposing to acquire a freehold, newly-built Grade A warehouse in Bhiwandi, Mumbai, Maharashtra, India at a property purchase price of INR3.89 billion ($53.6 million). The warehouse is purchased through the acquisitions of an investment holding company and a proper ...
OpenAI to nearly double workforce to 8,000 by end-2026, FT reports
March 21 : Artificial intelligence start-up OpenAI plans to nearly double its workforce to 8,000 from 4,500 by the end of 2026, the Financial Times reported on Saturday, citing two people with knowledge of the matter.Reuters could not immediately verify the report. OpenAI did not immediately respond ...
JPMorgan strategists cut S&P 500 target on Iran war uncertainty
[NEW YORK] JPMorgan strategists cut their price target on the S&P 500 Index, saying the upside potential for risk assets is “more...
Musk misled Twitter investors before 2022 buyout, jury says
[SAN FRANCISCO] Elon Musk defrauded Twitter investors when he disparaged the company in 2022 in an effort to buy the social media...
Amazon plans smartphone comeback more than a decade after Fire Phone flop
[SAN FRANCISCO] In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone – overseen...
Blackstone private credit fund has first monthly loss since 2022
[LOS ANGELES] Blackstone’s flagship private credit fund posted its first monthly loss in more than three years, one of the clearest signs...
Oil closes at highest since 2022 on outlook for prolonged war
[NEW YORK] The global oil benchmark settled at the highest level since mid-2022 with fears over further escalation in the Iran war...
Europe: Shares log third straight weekly loss as Mideast war fuels inflation fears
[BENGALURU] European equities fell for a third straight week, their longest streak of losses in almost a year, as the deepening conflict...
US: Wall Street skids as Middle East turmoil fans inflation fear
[SAN FRANCISCO] Wall Street ended sharply lower on Friday (Mar 20), with the S&P 500 closing at its lowest in six months,...
US green-lights delivery and sale of Iranian oil at sea
WASHINGTON: The US Treasury on Friday (Mar 20) temporarily lifted sanctions on Iranian oil already loaded onto vessels, in Washington's latest step to stem a supply crisis over the Middle East war.The
The false dichotomy: Allowing yourself no option because of fear brings the worse outcome
Tong Kooi Ong + Asia Analytica - Ellis used to laugh easily. With small and big dreams — a walk in the park, a late-night Milo, a family dinner, a successful career. But now she spends her mornings measuring her words, her evenings measuring his moods. Every silence a verdict. What is most cruel is that he was not always cruel. S ...
Industry body for remisiers marks 40 years amid Singapore equities rally
Ranamita Chakraborty - Industry leaders note the profession’s expanding influence in the local equities market
China to allow more banks to handle digital yuan: sources
Twelve new banks to be added to e-CNY programme
Mexico's Femsa cuts workers at Spin fintech division
MEXICO CITY, March 20 : Mexican retailer and bottler Femsa said on Friday it is laying off workers in its fintech unit Spin, which launched a digital wallet app for payments and financial transactions in 2021.Femsa did not disclose the number of positions that it is eliminating, but a spokesperson s ...
Pentagon to adopt Palantir AI as core US military system: Memo
NEW YORK: Palantir’s Maven artificial intelligence system will become an official program of record, Deputy Secretary of Defense Steve Feinberg said in a letter to Pentagon leaders, a move that locks in long-term use of Palantir’s weapons-targeting technology across the US military.In the Mar 9 ...
Elon Musk found liable to Twitter shareholders in fraud lawsuit over US$44 billion takeover: Report
SAN FRANCISCO: A federal jury found Elon Musk liable on claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a US$44 billion takeover in 2022, Bloomberg News reported on Friday (Mar 20).Damages will be det ...
Jury says Musk misled Twitter investors before 2022 buyout, Bloomberg News reports
March 20 : A jury has concluded Elon Musk defrauded Twitter investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, Bloomberg News reported on Friday.Jurors in federal court in San Francisco found on Friday t ...
Sezzle dismisses auditor Baker Tilly, appoints PwC for 2026
March 20 : Sezzle has dismissed its independent auditor Baker Tilly and instead appointed PricewaterhouseCoopers (PwC) for 2026, the buy now, pay later company said in a filing on Monday. The company disclosed a material weakness in controls over the classification of cash flows related to notes rec ...
Super Micro co-founder Yih-Shyan Liaw resigns from its board
March 20 : Super Micro Computer said on Friday that Yih-Shyan Liaw has resigned from its board, effective immediately.The U.S. Justice Department on Thursday charged Super Micro co-founder Yih-Shyan Liaw, sales manager Ruei-Tsang Chang, and contractor Ting-Wei Sun with running a scheme to route U.S. ...
Iran-linked hackers restore website after US seizes domains
March 20 : The website used by an Iranian government-linked hacking unit that claimed responsibility for a March 11 cyberattack on a U.S. medical device maker is back up and running a day after the FBI and Department of Justice seized its internet domains.Four domains associated with "Handala H ...
Stocks drop, oil jumps as Mideast war persists
NEW YORK: Stocks tumbled while oil prices pushed higher Friday (Mar 20) at the end of a turbulent week in which attacks on Gulf energy infrastructure rattled global markets and
Roblox to overhaul ad policies, introduce revenue sharing in 2027
March 20 : Videogame platform Roblox said on Friday it would take a portion of revenue from in-game brand deals starting next year, as part of a broader advertising-policy overhaul designed to draw in more brand dollars and increase creator earnings.The company has been expanding beyond gaming to tr ...
Cyber actors linked to Russia targeting users of messaging apps, FBI says
WASHINGTON, March 20 : Hackers tied to the Russian intelligence services are targeting users of consumer messaging applications such as Signal, the FBI and U.S. cyber defense agency CISA said on Friday.In a joint advisory, the FBI and CISA said that the hackers had successfully broken into thousands ...
Cyber actors linked to Russia are targeting users of commercial messaging apps, FBI says
WASHINGTON, March 20 : The FBI has identified cyber actors associated with Russian intelligence services targeting users of commercial messaging applications, including Signal, FBI Director Kash Patel said in a post on X on Friday.Signal and the Russian embassy in Washington did not immediately resp ...
AI's demand for data could cause tight storage chip supplies, Solidigm executive says
SAN JOSE, California, March 20 : The same booming AI demand that has caused the chairman of South Korea's SK Group to predict shortages of high-bandwidth memory chips could also cause tight supplies for storage drives, an executive from the South Korean firm's U.S.-based AI subsidiary Soli ...
UBS gets final nod for US bank licence amid growth push
The lender is planning to expand offerings for wealth clients in US
Stocks tumble, bond yields jump as Iran war fuels central bank reassessment
NEW YORK, March 20 : Global shares slumped for a third straight session and were poised for a third consecutive weekly decline on Friday, while bond yields climbed on fears the Iran war would keep upward pressure on oil prices and spark inflation.Iran attacked an oil refinery in Kuwait on Friday and ...
Stocks drop, bond yields jump as Iran war fuels central bank rethink
NEW YORK, March 20 : Global shares slumped for a third straight session and were set for a third consecutive weekly decline on Friday while bond yields climbed on fears the Iran war would keep upward pressure on oil prices and spark inflation.Iran attacked an oil refinery in Kuwait on Friday and Isr ...
Stocks fall, bonds yields climb as Iran war prompts central bank recalibration
NEW YORK, March 20 : Global shares fell for a third straight session and were poised for a third consecutive weekly decline on Friday while bond yields rose on worries the Iran war would keep upward pressure on oil prices and rekindle inflation.Iran attacked an oil refinery in Kuwait on Friday and I ...
CBS News cuts 6% of workers, citing changes in the industry
The cuts could impact roughly 60 employees
Iran war could be first ‘stress test’ for Singapore’s centralised gas buyer
Sharanya Pillai - LNG markets could get more volatile, especially if the conflict extends into the mid-year
Pinterest CEO calls for ban on social media for youth under 16
WASHINGTON, March 20 : Pinterest CEO Bill Ready called on world leaders to ban social media for youth under 16 in a LinkedIn post on Friday."We need a clear standard: no social media for teens under 16, backed by real enforcement, and accountability for mobile phone operating systems and the ap ...
Tesla expects Dutch decision on self-driving technology by April 10
AMSTERDAM, March 20 : Tesla Europe expects a decision by April 10 from the Dutch vehicle authority RDW on whether to approve Full Self-Driving technology in the Netherlands, it said on Friday.A spokesperson for RDW, which handles type approvals for Tesla in Europe, declined to comment. The agency sa ...
