Amazon down for thousands of users in US, Downdetector shows
March 5 : E-commerce website Amazon was down for thousands of users in the U.S. on Thursday, according to Downdetector.com.There were more than 21,700 reports of issues with the website as of 3:48 p.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of s ...
Amazon says it fixed issue that led to website outage for thousands
March 5 : Amazon said on Thursday it has resolved an issue related to its software code that had caused an hours-long outage on its website for thousands of shoppers.The disruption, which began around 2:00 p.m. ET, gradually eased to less than 650 incidents of people reporting issues with the websit ...
Pentagon informed Anthropic it is a supply chain risk, official says
March 5 : The Department of Defense informed AI lab Anthropic on Thursday that it is a supply chain risk effective immediately, according to a Pentagon official.
Pentagon informs Anthropic it is a supply chain risk
The Pentagon has slapped a formal supply-chain risk designation on artificial intelligence lab Anthropic, its CEO said on Thursday (Mar 5). "Yesterday, Anthropic received a letter from the Department of War confirming that we have been designated as a supply chain risk to America's nationa ...
FBI 'identified and addressed' suspicious cyber activity on its networks, agency spokesperson says
March 5 : The FBI "identified and addressed suspicious activities" on its networks, an agency spokesperson said on Thursday, adding that the bureau had "leveraged all technical capabilities to respond."The spokesperson declined to provide any details as to the nature of the activ ...
FBI "identified and addressed" suspicious cyber activities on its networks, agency spokesperson said
March 5 : The FBI "identified and addressed suspicious activities" on its networks, an agency spokesperson said Thursday. The agency has "leveraged all technical capabilities to respond," the spokesperson said. The spokesperson declined to provide any details as to the nature of ...
Oracle plans thousands of job cuts as data center costs rise, Bloomberg News reports
March 5 : Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on Thursday.Long a smaller contender in the cloud market, over the past year Oracle has emerged as a major player in the bu ...
Analysis:Down but not out: Emerging markets could endure Middle East shocks, investors say
LONDON, March 5 : The rush of cash out of risk assets has rattled emerging markets since war engulfed the Middle East, but some investors are betting that economic fundamentals and fragmented geopolitics will allow a year-long rally to resume. The United States and Israel's bombardment of Iran ...
Banijay targets franchise growth ahead of All3Media merger
March 5 - French entertainment group Banijay on Thursday flagged franchise growth beyond TV and into live events as major growth drivers for 2026 and beyond, ahead of merging its operations with All3Media.CEO François Riahi said Banijay's content franchises are increasingly generating value we ...
Online travel stocks rise after report that OpenAI to scale back direct checkouts
March 5 : Shares of online travel agencies surged on Thursday after a report that OpenAI is scaling back plans to integrate direct bookings into ChatGPT, easing investor fears that the AI chatbots could eventually cut out travel intermediaries.Shares of Expedia were up over 12 per cent, while Bookin ...
US House committee wants travel companies to disclose AI use for pricing
WASHINGTON, March 5 : The chair of the U.S. House Oversight Committee asked the CEOs of five major travel companies including Uber, Lyft and Expedia on Thursday to disclose whether they were using surveillance pricing of consumers to hike costs.Representative James Comer, the Republican chair of the ...
US House committee wants travel companies to answer questions on AI use for pricing
WASHINGTON, March 5 : The chair of the U.S. House Oversight Committee on Thursday asked the CEOs of five major travel companies including Uber, Lyft and Expedia to disclose whether they were using surveillance pricing of consumers to hike costs.Representative James Comer, the Republican chair of the ...
US House committee wants travel companies to answer questions on use of AI for pricing
WASHINGTON, March 5 : The chair of the U.S. House Oversight Committee on Thursday asked the CEOs of five major travel companies including Uber, Lyft and Expedia to disclose if they were using surveillance pricing of consumers to hike costs.Representative James Comer, the Republican chair of the comm ...
Netflix acquires Ben Affleck's AI film-tech firm
March 5 : Netflix said on Thursday it has acquired InterPositive, a filmmaking technology company founded by Academy Award winner Ben Affleck that produces artificial intelligence-powered tools for movie production. Financial terms of the deal were not disclosed. The media industry is warming up to ...
Mapletree Investments sells US logistics portfolio to EQT for US$575 million
Tay Peck Gek - [SINGAPORE] Mapletree Investments announced on Thursday (Mar 5) the sale of a 4.4 million-square-foot portfolio of 25 warehouses in the United States...
US, European stocks fall as Iran war drives oil rally, bond selloff
NEW YORK/LONDON, March 5 : Equity indexes fell more than 1 per cent on Wall Street and in Europe on Thursday and government bonds sold off, while the dollar climbed, as oil prices surged on supply fears amid intensifying fighting on the sixth day of the U.S.-Israeli war with Iran. The campaign again ...
US and European stocks fall as Iran war drives oil rally, bond selloff
NEW YORK/LONDON, March 5 : Equities fell on Wall Street and in Europe on Thursday and government bonds sold off, while the dollar climbed, as oil prices jumped on supply fears amid intensifying fighting on the sixth day of the U.S.-Israeli war with Iran. The campaign against Iran continued with what ...
Wall Street sees early drop as Iran war drives bond selloff
LONDON, March 5 : Wall Street took an early dip on Thursday as the Iran conflict drove up oil prices and the dollar, and triggered a fresh wave of selling in increasingly nervous global bond markets.The uncertainty sparked another day of see-saw moves. Asian stocks surged overnight after South Korea ...
Berkshire’s CEO Greg Abel vows to use all his pay to buy firm’s stock
Abel has bought up about US$15.3 million of the shares this week
Toyota Motor to cut output for Middle East by nearly 40,000 vehicles, Nikkei reports
March 5 : Toyota Motor will produce nearly 40,000 fewer vehicles bound for Middle Eastern markets due to logistical concerns stemming from the U.S.-Israeli campaign against Iran, the Nikkei reported on Thursday.
Trump, Bondi face lawsuit over approval of ByteDance TikTok US asset sale
WASHINGTON, March 5 : President Donald Trump and Attorney General Pam Bondi were sued Thursday over the U.S. government's approval of a deal by TikTok's Chinese owner ByteDance to establish a majority American-owned joint venture, saying the approval was illegal and did not meet the requir ...
BYD unveils faster-charging Blade Battery to revive China sales
The EV maker aims to expand fast charging network to 20,000 stations by end-2026
Mapletree Investments sells 4.4 mil sq ft US East Coast logistics portfolio to EQT Real Estate for US$575 mil
Felicia Tan - Mapletree Investments has sold a 4.4 million sq ft industrial portfolio in the United States’ (US) East Coast to EQT Real Estate for US$575 million ($735.3 million). The sale is expected to be completed in March 2026. This is the group’s fourth US warehouse portfolio divestment after it sold US$ ...
Wall Street edges lower as investors weigh Middle East war risks
The tech-led recovery in the prior session helps the Nasdaq recover all weekly losses
Wall Street opens lower as investors weigh Middle East war risks
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Mar 5) as the Middle East conflict entered its sixth day, raising...
Codelco, Microsoft sign AI deal for mining operations
SANTIAGO, March 5 : Chile's state-owned Codelco, the world's largest copper producer, and Microsoft signed a memorandum of understanding to evaluate joint initiatives in artificial intelligence, advanced analytics, automation and digital security, the miner said on Thursday. KEY CONTEXT• ...
CVS taps Google Cloud to roll out AI-powered health platform
Hongkong Land’s underlying profit down 8% at US$458 million for FY2025
Therese Soh - Earnings per share stood at US$0.5785 from a loss per share of US$0.6276 in the year before
Thailand to boost fuel reserves, bids to secure LNG amid Iran crisis
Thailand imports around 2.2 to 2.8 million tonnes of LNG per year from Qatar
Hongkong Land's underlying profit for FY2025 down 8%; earnings reach US$1.26 bil
The Edge Singapore - Lifted by divestments and fair value gains, Hongkong Land Holdings has reported earnings of US$1.26 billion for FY2025, a swing from a net loss of US$1.39 million in FY2024. Underlying profit attributable to shareholders, a measurement that is deemed a more accurate report of its ongoing business, i ...
Meta to allow AI rivals on WhatsApp in bid to stave off EU action
BRUSSELS, March 5 : Artificial intelligence rivals will be allowed on WhatsApp for a year, Meta Platforms said, aiming to head off a possible temporary order from EU antitrust regulators after complaints from competitors shut out of the messaging service.The European Commission, the EU's compet ...
BYD launches new generation Blade Battery with rapid charging in cold environments
BEIJING/SHANGHAI, March 5 : Chinese carmaker BYD's chairman Wang Chuanfu on Thursday launched the second-generation of the Blade Battery, with what he says is a "disruptive" charging speed in extremely cold environments.The new Blade Battery can be charged from 20 per cent to 97 per c ...
Ascendas Hospitality Reit loses S$6.2 million hotel refurbishment claim against Park Hotel liquidators
Tessa Oh - The Reit, which is now part of CapitaLand Ascott Trust, may still refile the claim with supporting income documents
Oil spike drags Asian currencies lower, with Fed path and Middle East trajectory key risks ahead
Renald Yeo - But analysts say energy prices are unlikely to shape the region’s currency trajectory over a sustained period