Exclusive-Top Google scientist says EU data measures pose privacy risk for users
BRUSSELS, May 5 : A top Google scientist sent a warning to EU antitrust regulators on Tuesday that its proposal requiring the company to share search engine data with rivals such as OpenAI risked exposing users' private information, the sternest rebuke yet in a tussle over Google's lucrati ...
OpenAI provided GPT-5.5 to US for national security testing, executive said
WASHINGTON, May 5 : OpenAI gave the U.S. government early access to its GPT-5.5 model for national security testing, said OpenAI executive Chris Lehane in a LinkedIn post.
Apple to let users choose rival AI models across iOS 27 features, Bloomberg News reports
May 5 : Apple will allow users to select from third-party AI models for tasks such as generating and editing text and images, across its iOS 27 features, Bloomberg News reported on Tuesday.
AI errors in US murder case lead to discipline for Georgia prosecutor
WASHINGTON, May 5 : The Georgia Supreme Court on Tuesday disciplined a prosecutor in the U.S. state, finding her misuse of artificial intelligence tools led to fake and misleading case citations appearing in a murder case ruling. The state's high court barred Deborah Leslie, a Clayton County as ...
Tesla's supervised self-driving software could be up for approval in Belgian region
BRUSSELS, May 5 : Tesla's aim to roll out its supervised "full self-driving" software in Europe got a boost from Belgium on Tuesday, where the Flanders region said it was looking into whether it can quickly adopt it following approval in the Netherlands.The Netherlands' regulator ...
AirAsia, Airbus set to announce 150-jet order for A220 on Wednesday, sources say
MONTREAL, May 5 : Airbus plans to announce an order on Wednesday for about 150 A220 jets from AirAsia, in a boost for the planemaker's smallest jetliner that has recently lost orders to Brazil's Embraer, two sources told Reuters.The province of Quebec has a minority stake in the A220 progr ...
Top European tech CEOs call for easier AI rules
AMSTERDAM, May 5 : Europe's AI regulations should be reduced and simplified, chief executives of seven of Europe's top technology firms including Christophe Fouquet of the biggest, computer chip equipment maker ASML, said in an opinion piece published on Tuesday. The European Union resumes ...
Ireland probes Meta's Instagram, Facebook over EU manipulation concerns
DUBLIN, May 5 : Ireland's media regulator has opened investigations into Meta's Instagram and Facebook over concerns EU users cannot easily control what they see online and may be steered by algorithms into highly personalised feeds, it said on Tuesday.Under the EU's Digital Services ...
Exxon using AI for faster analysis of Guyana's oil fields, VP of exploration says
HOUSTON, May 5 : New developments in AI and technology are helping Exxon Mobil interpret seismic data from Guyana in days, rather than months, John Ardill, the company's vice president of exploration, said on Tuesday. The company, which leads an oil-producing consortium in Guyana, is also using ...
India's markets regulator sets up task force to tackle AI-driven cyber threats
May 5 : India's markets regulator on Tuesday issued an advisory on emerging AI-driven vulnerability detection tools, warning that their use could introduce new cybersecurity risks for regulated entities.Here are some details: • The Securities and Exchange Board of India has constituted a task ...
Alphabet closes in on Nvidia's spot as world's biggest company
May 5 : Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts and booming cloud business.The potential reshuffling would put the Google parent at the No.1 spot for the first time in more th ...
OpenAI, Anthropic ventures in talks to buy AI services firms, sources say
NEW YORK, May 5 : The joint ventures OpenAI and Anthropic separately created with private equity firms are in talks to acquire services companies that help businesses deploy artificial intelligence, with OpenAI's new venture in advanced stages on three deals, people familiar with the matter tol ...
Anthropic deepens finance push as CEO Amodei warns of software disruption
NEW YORK, May 5 : Artificial-intelligence lab Anthropic is diving deeper into the financial services industry, releasing tools on Tuesday that can speed up myriad tasks for banks and insurers while CEO Dario Amodei predicted further software disruption.Pegged to a New York event hosted by Anthropic, ...
Anthropic deepens finance push with 10 new AI agents for banks, insurers
NEW YORK, May 5 : Artificial-intelligence lab Anthropic is diving deeper into the financial services industry, releasing software on Tuesday that can speed up myriad tasks for banks, insurers and other companies.Timed to an event Anthropic is hosting in New York, the startup launched 10 financially ...
US stocks: Wall Street rebounds as oil drops despite Middle East tensions
WALL Street’s main indexes recovered on Tuesday as oil prices fell despite renewed Middle East tensions that threatened to upend a fragile...
India's PNB hikes cybersecurity spend as AI models including Anthropic’s Mythos raise risks
BENGALURU/MUMBAI, May 5 : India's Punjab National Bank is stepping up investments in cybersecurity and accelerating procurement of technology to guard against rising digital threats including those from advanced AI models, a senior executive said on Tuesday.The country's third largest stat ...
Major publishers sue Meta for copyright infringement over AI training
May 5 : Publishers Elsevier, Cengage, Hachette, Macmillan and McGraw Hill sued Meta Platforms in Manhattan federal court on Tuesday, alleging that the tech giant misused their books and journal articles to train its artificial intelligence model Llama.The publishers, as well as author Scott Turow, a ...
GameStop's $56 billion pursuit of eBay stirs social media hype and doubts
May 5 : GameStop's $56 billion bid for eBay ignited intense debate on social media, as retail investors greeted the potential deal with a mix of excitement, skepticism and meme-stock humor.• Top comments on Reddit were split between enthusiasm over the e-commerce giant that such a merger woul ...
Venture Corporation reports revenue of $628.5 mil for 1QFY2026, up 1.9% y-o-y
Teo Zheng Long - Venture Corporation (SGX: V03 ) has reported a higher revenue of $628.5 million for 1QFY2026 ended March 31, up 1.9% y-o-y. On a constant currency basis, Venture’s revenue would have increased 8.2% y-o-y. The higher revenue was supported by demand across technology domains that supports AI-related ...
Indonesia central bank to tighten rules again on dollar-buying to support rupiah
JAKARTA, May 5 : Indonesia's central bank will lower the threshold for requiring underlying documents from those buying dollars again, in a move aimed at supporting the rupiah currency, Bank Indonesia Governor Perry Warjiyo said on Tuesday.The rupiah earlier on Tuesday slid to a historic low of ...
Stocks gain as investors take heart from upbeat earnings, dip in oil
May 5 : Global stocks rose on Tuesday, taking some heart from a series of robust earnings, while simmering hostilities between the U.S. and Iran over the Strait of Hormuz kept the oil price well above $100 a barrel.Traders also had their eyes on the yen after the Japanese currency briefly jumped in ...
Meta seeks to fend off EU order to allow rival AI chatbots on WhatsApp at hearing
BRUSSELS, May 5 : Meta Platforms on Tuesday sought to stave off an imminent EU order to allow rival AI chatbots free access to its social messaging site WhatsApp, as it presented its arguments to EU antitrust officials.Meta's request for Tuesday's closed hearing came after the European Com ...
Nissan to cut 900 job cuts in Europe as part of global restructuring
PARIS/BARCELONA/LONDON, May 5 : Nissan Motor will cut about 900 jobs in Europe, around 10 per cent of the total, and consolidate production from two lines to one at its Sunderland plant in the UK as part of a global restructuring drive, the Japanese automaker said on Tuesday.The job cuts will focus ...
Nissan to cut 10% of Europe workforce in global restructuring, FT reports
May 5 : Nissan Motor is planning to cut about 10 per cent of its workforce in Europe and combine two production lines at the UK's Sunderland plant as part of the Japanese automaker's global restructuring, the Financial Times said on Tuesday.Reuters could not immediately verify the report.
Singapore must enable businesses to transform, workers to seize new opportunities in the 'AI era': Ng Chee Meng
Singapore does not want either extreme of unmanaged job disruption or workers pushing back defensively against AI, said the labour chief.
AI transition must safeguard and empower workers, support firms: Ng Chee Meng
Low Youjin - AI can raise productivity, unlock new possibilities and strengthen country’s competitiveness if used well, says labour chief
Ng Chee Meng calls for AI transition that empowers workers, supports firms
Low Youjin - AI can raise productivity, unlock new possibilities and strengthen country’s competitiveness if used well, says labour chief
Anduril announces team for its Golden Dome space-based missile interceptor effort
WASHINGTON, May 5 : Defense technology company Anduril Industries on Tuesday announced its consortium to develop space-based interceptors for the U.S. Space Force, as part of the Trump administration's Golden Dome for America missile defense initiative.Unlike existing ground-based systems, the ...
PayPal plans job cuts as its new CEO pursues turnaround strategy
PAYPAL plans to cut costs and jobs as new chief executive officer Enrique Lores seeks to turn around the payments company that’s...
From Cambodia scam empire scoop to CDL ‘family tree’: BT journalists, artists win SPH Media awards
Jermaine Fok - Goh Ruoxue wins Story the Year; Paige Lim, Teoh Yi Chie, Hyrie Rahmat, Jessie Lim bag the Excellence Awards
Coinbase to cut 14% of workforce, citing volatile markets and AI
The layoffs is the latest in a string of workforce reductions across the crypto and payments sectors
Thai stocks are beating peers amid volatility, as analysts warn passive Asean investing is ‘punishing’
Chloe Lim - US’ monetary policy path, AI infrastructure spending, oil price volatility seen as factors that could affect indices in 2026
Major Asean indices record mixed performance amid geopolitical instability; STI secures second-highest YTD returns
Chloe Lim - US’ monetary policy path, AI infrastructure spending, oil price volatility seen as factors that could affect indices in 2026
Paragon deal: Why investors should get ready for more Reit mergers and take-private offers
Ben Paul - In a less-conducive operating backdrop, smaller Reits may be weeded out, as larger ones play the role of consolidators
