Business Headlines & Singapore Stock Market News

2 days ago

Commentary: The US may be running the wrong AI race

China’s favouring of small and cheap models such as DeepSeek could prove to be the better bet, says John Thornhill for Financial Times.

2 days ago

Oil climbs to 2-week high on Fed rate-cut signals, supply concerns

[NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the...

2 days ago

Europe: Shares clock weekly gains on ongoing Fed cut optimism

[BENGALURU] European shares were little changed on Friday (Dec 5) and ended the week with modest gains, while investors evaluated a long-delayed...

2 days ago

US lawmakers press Google, Apple to remove apps tracking immigration agents

Dec 5 : The House Committee on Homeland Security has asked Google and Apple to detail what steps they are taking to remove mobile applications that allow users to track federal immigration officers.In letters sent on Friday to Google CEO Sundar Pichai and Apple head Tim Cook, committee leaders singl ...

2 days ago

Meta acquires AI-wearables startup Limitless

Dec 5 : Meta has acquired AI-wearables startup Limitless, maker of a pendant-style device that records and transcribes real-world conversations, as the social media giant doubles down on efforts to build AI-enabled consumer hardware."Meta recently announced a new vision to bring personal superi ...

2 days ago

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 ...

2 days ago

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 ...

2 days ago

Singapore Paincare privatisation bid fails as offeror fails to meet conditions by deadline

Elysia Tan - The counter will resume trading on Dec 8

2 days ago

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

2 days ago

Netflix-Warner Bros deal faces political 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 amid bipartisan criticism.Netflix ...

2 days ago

Netflix-Warner Bros deal faces antitrust pushback even as company touts benefits

2 days ago

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 ...

2 days ago

Opposition to Netflix-Warner Bros deal crosses political party lines

2 days ago

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 ...

2 days ago

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...

2 days ago

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 ...

2 days ago

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

2 days ago

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

2 days ago

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.

2 days ago

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 ...

2 days ago

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 ...

2 days ago

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 ...

2 days ago

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 ...

2 days ago

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 ...

2 days ago

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 ...

2 days ago

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

2 days ago

Dollar slips as traders eye next week's Fed meeting

NEW YORK, Dec 5 : The U.S. dollar slipped on Friday but held within 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 do ...

2 days ago

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 ...

2 days ago

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

2 days ago

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 ...

2 days ago

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.

2 days ago

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 ...

2 days ago

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

2 days ago

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

Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers