SoftBank in talks to buy digital infra firm DigitalBridge, source says
Dec 5 : SoftBank is in talks to acquire digital infrastructure firm DigitalBridge, a source familiar with the matter told Reuters on Friday, as the Japanese conglomerate seeks to tap the firm's AI-linked portfolio.The deal could be struck by the end of the year, the source said. DigitalBridge a ...
Instant view: Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion
Dec 5 : Netflix has agreed to buy Warner Bros Discovery's TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer.Buying the owner of marquee franchises, including "Game of Thr ...
Singapore Paincare privatisation bid fails as offeror fails to meet conditions by deadline
Elysia Tan - The counter will resume trading on Dec 8
Apple sends new round of cyberthreat notifications to users in 84 countries
The company is regularly warning users who may have been targeted by state hackers
Opposition to Netflix-Warner Bros deal crosses political party lines
Dec 5 : U.S. Senator Elizabeth Warren called Netflix's $72 billion acquisition of Warner Bros Discovery's studios and streaming division an antitrust "nightmare" that would harm workers and consumers, ramping up bipartisan criticism of the entertainment megadeal on Friday. Netfl ...
Senator Elizabeth Warren calls Netflix-Warner Bros deal an antitrust 'nightmare'
Dec 5 : U.S. Senator Elizabeth Warren called Netflix's $72 billion acquisition of Warner Bros Discovery's studios and streaming division an antitrust "nightmare" that would harm workers and consumers, ramping up bipartisan criticism of the entertainment megadeal on Friday. Netfl ...
Netflix-Warner Bros deal faces antitrust pushback even as company touts benefits
Dec 5 : Netflix pitched its $72 billion acquisition of Warner Bros Discovery's studios and streaming division as aligned with the priorities of President Donald Trump's competition enforcers on Friday, but intense antitrust scrutiny is all but guaranteed.Netflix executives touted the deal ...
Analysis:Europe forges ahead with Big Tech crackdown with X fine, defying Trump
BRUSSELS, Dec 5 : Europe is forging ahead with its crackdown on Big Tech, levying fines on Alphabet's Google and Elon Musk's X and opening new investigations, asserting its sovereign right to enforce its laws in defiance of U.S. President Donald Trump.Three months after hitting Google with ...
Wall Street subdued at open as investors await key inflation report
[NEW YORK] Wall Street’s main indexes had a subdued open on Friday (Dec 5) as investors avoided large bets and awaited a...
US official denounces EU's fine of Musk's X, says Europe is taxing Americans
(Refiles to add story identifier for some readers, no change to content of story)WASHINGTON, Dec 5 : The chairman of the U.S. Federal Communications Commission denounced the EU's fine of Elon Musk's social media company X on Friday for breaching EU online content rules."Once again, Eu ...
SoftBank’s Arm plans to set up chip training facility in South Korea
It will train about 1,400 high-level chip design specialists to bolster the relatively weak system-semiconductor and fabless segments
Ikea to ramp up US production as tariffs bite
The push for local production aims to support its expansion in the US, its second-biggest market, and the wider region
New York Times sues Perplexity AI for infringing copyright works
Dec 5 : The New York Times sued Perplexity AI on Friday, accusing the artificial intelligence startup of unlawfully copying, distributing and displaying millions of its articles without permission to help train chatbots.Perplexity did not immediately respond to a Reuters request for comment.
New York Times sues Perplexity AI for 'illegal' copying of content
The New York Times filed a lawsuit against Perplexity AI on Friday (Dec 5), claiming that the artificial intelligence startup was copying, distributing and displaying millions of its articles without permission.The startup has become a target of multiple legal disputes and faces similar accusations ...
Netflix to buy Warner Bros in US$72 bil cash, stock deal
Lucas Shaw and Michelle F. Davis / Bloomberg - Netflix agreed to buy Warner Bros. Discovery in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios. Under the deal announced Friday, Warner Bros. shareholders will receive US$27.75 ($35.94) a share in cash and stock ...
Trustpilot surges on Morgan Stanley upgrade despite short seller claims
Dec 5 : Trustpilot shares surged 16 per cent after Morgan Stanley upgraded the stock by two notches to "overweight" on Friday, a day after U.S. short seller Grizzly Research took aim at the global review platform. "We think the market is underappreciating Trustpilot's multi-year ...
Apple, Google send new round of cyber threat notifications to users around world
WASHINGTON, Dec 5 : Apple and Google have sent a new round of cyber threat notifications to users around the world, the companies said this week, announcing their latest effort to insulate customers against surveillance threats.Apple and the Alphabet-owned Google are two of several tech companies th ...
Apple sends new round of cyber threat notifications to users in 84 countries
WASHINGTON, Dec 5 : Apple has sent a new round of cyber threat notifications to users in 84 countries, the company said on Friday, announcing its latest efforts to insulate customers against surveillance threats.Apple is one of several tech companies that regularly issue warnings to users when it d ...
Meta strikes multiple AI deals with news publishers
Dec 5 : Meta has struck several commercial AI data agreements with news publishers including USA Today, People Inc, CNN, Fox News, The Daily Caller, Washington Examiner and Le Monde, the company said on Friday. The tie-ups will allow the Facebook-parent to provide "real-time" news and upda ...
Singapore digital infrastructure company EFGH to pursue US listing via Spac
Elysia Tan - It has entered into a business combination agreement with WinVest Acquisition Corp
Dollar eases as traders eye next week's Fed meeting
NEW YORK, Dec 5 : The U.S. dollar edged lower on Friday but held near recent ranges against major currencies as traders awaited next week's Federal Reserve meeting, where policymakers are widely expected to cut interest rates.The dollar index, which measures the currency against six peers, was ...
X hit with 120 million euros EU fine for breaching content rules, TikTok settles
Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration
Cloudflare restores services after minor dashboard outage
Dec 5 : Cloudflare has restored impacted software services after a minor outage on Friday hampered access to crypto trading exchange Coinbase and Anthropic's artificial intelligence chatbot Claude AI. The web-infrastructure company's shares fell as much as 4.5 per cent in premarket trading ...
Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion
Dec 5 : Netflix on Friday agreed to buy Warner Bros Discovery's TV, film studios and streaming division for $72 billion, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer.The deal represents a dramatic plot twist for Netflix, which ...
Netflix to buy Warner Bros Discovery's studios, streaming unit for US$72 billion
WBD franchises like Harry Potter and Game of Thrones will be owned by Netflix in this major Hollywood deal.
Manulife Singapore launches AI hub to groom talent
Young Zhan Heng - It is among 11 financial institutions working with IBF and MAS to pilot workforce development initiatives alongside adoption of artificial intelligence
UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook
Benicia Tan - The company is well-positioned to benefit from potential growth in the fluorescence-guided surgery market, say UOBKH analysts
X hit with $140 million EU fine for breaching content rules, TikTok settles
BRUSSELS, Dec 5 : Elon Musk's social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching EU online content rules, the first sanction under landmark legislation which will likely draw the U.S. government's ire.Rival TikTok staved off a pe ...
EU fines X $140 million for breaching online content rules, TikTok settles with concessions
BRUSSELS, Dec 5 : Elon Musk's social media company X was fined 120 million euros ($140 million) by EU tech regulators on Friday for breaching EU online content rules, the first sanction under landmark legislation which will likely draw the U.S. government's ire.Rival TikTok staved off a pe ...
Singapore steps up focus on semiconductors and AI as part of its $37 billion five-year R&D budget
Kwan Wei Kevin Tan - Semiconductors and AI will be a key focus of Singapore’s $37 billion five-year research and development masterplan for 2026 to 2030. The $37 billion commitment is the eight and latest instalment of Singapore’s five-year masterplans for the country’s research and innovation efforts. The first p ...
Singapore invests S$37 billion in RIE2030 research plan; semiconductors, ageing among focus areas
Low Youjin - Of this, S$3 billion will be set aside for two new research programmes
Low Keng Huat appoints ZICO Capital as IFA for privatisation offer
Nicole Lim - The board of directors of Low Keng Huat have appointed ZICO Capital as the independent financial advisor (IFA) in relation to the privatisation offer of the company by Consistency Record. Consistency Record, which is a special purpose vehicle owned by the managing director of Low Keng Huat, Marco Lo ...
Singapore shares dip; STI down 0.1% on cautious sentiment
Tay Peck Gek - Across the broader market, decliners beat gainers 236 to 301 as 976.9 million of securities are transacted
China's three major airlines extend refunds and Japan flight changes to March 2026
[BEIJING] Three major Chinese airlines will offer refunds and charge-free changes to Japan-related flights until March 28 next year, state-owned news outlet...
