Pentagon asks defense contractors about reliance on Anthropic's AI services, source says
Feb 25 : The Pentagon has asked defense contractors to assess their reliance on Anthropic, a person familiar with the matter said on Wednesday, ahead of its Friday deadline for the AI service provider to respond to a request to eliminate safeguards.The Department of Defense has been engaged in a mon ...
Pentagon asks US defense contractors about reliance on Anthropic's services, source says
Feb 25 : The Pentagon is reaching out to defense contractors to assess their reliance on artificial intelligence lab Anthropic's services, a source familiar with the matter told Reuters on Wednesday, ahead of a Friday deadline for the AI firm to respond to the government.Reuters reported on Tue ...
Pentagon asks Boeing, Lockheed Martin about their exposure to Anthropic, Axios reports
Feb 25 : The Pentagon has asked defense contractors Boeing and Lockheed Martin to provide an assessment of their reliance on Anthropic's AI model, Claude, a first step toward a potential designation of the AI firm as a "supply chain risk," Axios reported on Wednesday.
Singapore firms’ 2025 dividend payouts hit US$18.7 billion record high amid boost from banks: study
Therese Soh - This follows a US$2.1 trillion record for global dividends and higher normal dividends from DBS and Singapore telcos
Singapore firms’ 2025 dividend payouts hit all-time high of US$18.7 billion amid boost from banks: study
Therese Soh - Global dividends hit a US$2.1 trillion record, as DBS and Singapore telcos posted ‘significant increases’ in normal dividends, says the Capital Group...
Singapore firms’ 2025 dividend payouts hit all-time high of US$18.7 billion amid boost from banks: Capital Group
Therese Soh - Global dividend payouts rise 7% year on year to a US$2.1 trillion annual record, says study
Singapore firms’ 2025 dividend payouts hit US$18.7 billion amid boost from banks; highest amount since 2021
Therese Soh - Global dividend payouts rise 7% year on year to a US$2.1 trillion annual record, says study
BOJ chief flags March, April rate-hike chance in Yomiuri interview
TOKYO, Feb 26 : Bank of Japan Governor Kazuo Ueda said the central bank will scrutinise data at its March and April meetings in deciding whether to raise interest rates, the Yomiuri newspaper reported on Thursday, leaving open the chance of a near-term rate hike.In the interview conducted on Tuesday ...
BOJ chief says bank will scrutinise data in March, April meetings, Yomiuri reports
TOKYO, Feb 26 : Bank of Japan Governor Kazuo Ueda said the central bank will scrutinise data at its March and April meetings in deciding whether to raise interest rates, the Yomiuri newspaper reported on Thursday, leaving open the chance of a near-term rate hike.In the interview conducted on Tuesday ...
AT&T settles New York City lawsuit, to let shareholders vote on diversity proposal
NEW YORK, Feb 25 : AT&T has agreed to settle a lawsuit by four New York City public pension funds by letting shareholders vote on whether it should disclose the breakdown of its 133,000-person workforce by race, ethnicity and gender.New York City Comptroller Mark Levine announced the settlement ...
Qantas’ international weakness overshadows profit rise as US routes soften
It announced an interim dividend of 19.8 Australian cents a share
Qantas logs record first-half profit on strong travel demand, new aircraft
It announced an interim dividend of 19.8 Australian cents a share
Qantas first-half profit beats estimates on strong travel demand
It announced an interim dividend of 19.8 Australian cents a share
Salesforce gives disappointing sales outlook, feeds AI fears
The company says that it expects “organic growth re-acceleration” in the second half of the year
Nvidia’s results beat estimates, but Wall Street wants more cash return
Its adjusted profits came in at US$1.62 per share, compared with estimates of US$1.53
Nvidia forecasts upbeat quarterly sales as AI boosts chip demand
Its adjusted profits came in at US$1.62 per share, compared with estimates of US$1.53
Seatrium doubles FY2025 earnings to $324 mil on higher revenue and better margins
The Edge Singapore - With higher revenue and better margins, Seatrium has increased its FY2025 earnings by 106% y-o-y to $324 million. Revenue was up 24% to $11.5 billion, mainly from its oil and gas and offshore wind projects, such as the ongoing ones for Petrobras and TenneT. Back in FY2023, when the company was tryin ...
Zoom forecasts quarterly profit below estimates amid tough competition
Feb 25 : Zoom Communications forecast quarterly profit below Wall Street estimates on Wednesday, signaling intense competition and a cautious spending environment could weigh on its earnings.Shares of the company were down nearly 3 per cent in extended trading.Zoom is increasingly squeezed by rivals ...
Trading Day: Another tech tonic, Nvidia delivers
Oil settles little changed, supply worries persist despite large US crude stock build
[HOUSTON] Oil prices settled largely unchanged on Wednesday as a much larger-than-expected US crude stock build did not do much to calm jitters...
US corporate bond market is most competitive ever: Barclays
The bank says up to one-third of that growth can be attributed to the competitive conditions in the primary market
Commentary: My aunties now debate Trump’s tariffs on Indonesia. Here’s what they miss
A good tariff deal means little if permits crawl and customs stumble, says a strategic communicator.
European shares close at record high on HSBC boost, easing AI disruption fears
EUROPEAN shares closed at a record high on Wednesday, underpinned by a rebound in financials after HSBC raised a key lending target, while...
US stocks: Wall Street extends tech-powered rally as AI worries abate; Nvidia reports
[NEW YORK] Wall Street ended higher on Wednesday, extending its tech-led rally and touching two-week highs as worries over artificial intelligence disruption...
Nvidia forecasts first-quarter sales above estimates
Feb 25 : Chipmaker Nvidia forecast first-quarter revenue above market estimates on Wednesday, betting on Big Tech's unabated spending on its artificial intelligence processors amid widespread scrutiny of massive AI investments. Shares of Nvidia rose over 2 per cent in extended trading. The worl ...
Nvidia smashes forecasts with record quarter as AI boom rolls on
The figures sent a powerful signal that the technology buildout dominated by Nvidia that underpins the global AI boom remains in full swing.
Fintech Chime sees 2026 revenue above estimates on strong demand, shares surge
Feb 25 : Financial technology firm Chime forecast 2026 revenue above Wall Street estimates on Wednesday, helped by strong demand for its digital banking products and resilient consumer spending. The entry of new-age financial technology startups offering digital services, easy-to-use platforms and l ...
Snowflake expects annual product revenue above estimates as AI boosts demand
Feb 24 : Snowflake forecast fiscal 2027 product revenue above Wall Street estimates on Wednesday, a sign that new clients are turning to the company's cloud-based data analytics platform driven by booming adoption of artificial intelligence tools.Enterprise clients are stepping up investments i ...
Salesforce forecasts annual revenue below estimates, shares fall
Feb 25 : Salesforce forecast fiscal 2027 revenue below Wall Street expectations on Wednesday, signaling sluggish spending on enterprise business software as it invests heavily in its artificial intelligence platform to drive up demand. Shares of the San Francisco-based company fell nearly 4 per cent ...
Louisiana utility regulator denies request for probe of Meta data center deal, law group says
Feb 25 : Louisiana utility regulators denied an environmental law group's request to investigate a $27 billion Meta Platforms data center deal, the law group Earthjustice said on Wednesday.Earthjustice filed a motion last month with the Louisiana Public Service Commission asking it to probe pro ...
US lawmakers want UK briefing on backdoor order to Apple
BRUSSELS, Feb 25 : U.S. House Judiciary Chair Jim Jordan and Foreign Affairs Chair Brian Mast on Wednesday asked the British government to brief them on its order to Apple to create a back door to its encrypted user data so they could better understand the British move.The two lawmakers last year wa ...
New York sues video game developer Valve, says its 'loot boxes' are gambling
NEW YORK, Feb 25 : New York's attorney general sued Valve, a video game developer whose franchises include Counter-Strike, Team Fortress and Dota, accusing it of violating state gambling laws and threatening to addict children through its use of "loot boxes."In a complaint filed in a ...
Netflix co-CEO Sarandos to visit White House to discuss Warner Bros bid, Politico reports
Feb 25 : Netflix co-CEO Ted Sarandos will attend meetings at the White House on Thursday to discuss the streaming giant's bid to acquire Warner Bros Discovery's assets and President Donald Trump's demand to remove board member Susan Rice, Politico reported on Wednesday.In the heated t ...
Canada tells OpenAI to boost safety measures or be forced to by government
OTTAWA, Feb 25 : Canadian ministers told OpenAI that if it did not quickly boost its safety protocols in the wake of a recent school shooting, Ottawa would effect the change through legislation, a top official said on Wednesday.Ottawa summoned OpenAI's safety team for talks on Tuesday after the ...
