Hacking group ‘ShinyHunters’ threatens to expose premium users of sex site Pornhub
WASHINGTON, Dec 16 : The hacking group “ShinyHunters” said on Tuesday it has stolen data belonging to premium customers of the leading sex website Pornhub and is threatening to publish it. Although Reuters could not immediately establish the scope, scale, or details of the breach, the hackers p ...
Hacking group ‘ShinyHunters’ claims theft of data from users of leading sex site Pornhub
WASHINGTON, Dec 16 : The hacking group “ShinyHunters” said Tuesday that it had stolen data belonging to premium customers of the leading sex website Pornhub. Although Reuters could not immediately establish the scope, scale or details of the breach, the hackers provided a sample of the data whi ...
X Corp sues social media startup over bid to claim 'Twitter' brand
Dec 16 : Elon Musk's X Corp sued a startup on Tuesday after it sought to cancel X's Twitter trademarks so it can "bring Twitter back" as a new social media platform.X said in the lawsuit in Delaware federal court that its Twitter brand is still "alive and well" and &qu ...
OpenAI taps former UK finance minister Osborne to lead global Stargate expansion
Dec 16 : OpenAI has appointed former British finance minister George Osborne as managing director and head of its "OpenAI for Countries" initiative, the company said on Tuesday, as the ChatGPT maker ramps up efforts to work with governments on national AI strategies.Osborne, who served as ...
US threatens countermeasures on European service providers after EU fines
WASHINGTON, Dec 16 : President Donald Trump's administration warned on Tuesday the United States could impose fees or restrictions on European service providers in response to what it called “discriminatory” actions against U.S. firms.The Office of the U.S. Trade Representative, in a post o ...
US threatens countermeasures after EU fine on Musk's X
WASHINGTON, Dec 16 : The Trump administration on Tuesday threatened a wide range of retaliatory measures against EU service providers, including possible fees or restrictions on foreign services, if the firms continue what the USTR called "discriminatory" actions. The Office of the U.S. Tr ...
BAE Systems halves stake in Kazakh carrier Air Astana
Dec 16 : Britain's BAE Systems said on Tuesday it will cut its stake in Kazakh carrier Air Astana by nearly half. The aircraft maker, which currently holds about 16.95 per cent stake in Air Astana, is selling global depository receipts representing about 8 per cent of the company's outstan ...
Bank of Canada wants stablecoins to be backed by high-quality liquid assets
OTTAWA, Dec 16 : The Bank of Canada says regulations on future Canadian stablecoins must ensure they are backed by high-quality liquid assets and be pegged one-to-one to a central bank currency, Governor Tiff Macklem said on Tuesday.The Liberal government said in November that it would be introducin ...
Equities fall with US Treasury yields after data, oil sinks
NEW YORK/ PARIS, Dec 16 : MSCI's global equities gauge fell on Tuesday and 10-year U.S. Treasury yields were lower for a second day as investors assessed the latest U.S. jobs data, while oil prices sagged as talks appeared to boost the prospects for a Russia-Ukraine peace deal.The U.S. Labor De ...
Hyundai, Kia agree to retrofit 7 million US vehicles to address theft concerns
WASHINGTON, Dec 16 : Korean automakers Hyundai and Kia agreed on Tuesday to retrofit 7 million U.S. vehicles to address theft concerns and install prevention equipment on all new vehicles to resolve an investigation by a bipartisan coalition of 35 attorneys general.The state attorneys general said t ...
Hyundai, Kia agree to retrofit 4 million US vehicles to address theft concerns
WASHINGTON, Dec 16 : Korean automakers Hyundai and Kia agreed on Tuesday to retrofit more than 4 million U.S. vehicles to address theft concerns and install prevention equipment on all new vehicles to resolve an investigation by a bipartisan coalition of 35 attorneys general.The state attorneys gene ...
Hyundai, Kia agree to retrofit 4 million US vehicles to address threat concerns
WASHINGTON, Dec 16 : Korean automakers Hyundai and Kia on Tuesday agreed to retrofit more than 4 million U.S. vehicles to address theft concerns and install prevention equipment on all new vehicles to resolve an investigation by a bipartisan coalition of 35 attorneys general.The state attorneys gene ...
China's Luckin Coffee mulls bid for Nestle’s Blue Bottle: sources
China’s biggest coffee chain and its backer Centurium Capital have also been evaluating other acquisition targets
Skylink Holdings acquires bodywork customisation specialist for $1.75 mil
Felicia Tan - Commercial vehicle leasing company Skylink Holdings has agreed to acquire the business and related assets of bodywork customisation specialist Chuang Li Partners for $1.75 million. A business transfer agreement was signed between Skylink Holdings’ wholly-owned subsidiary, Skylink Engineering, and ...
Crypto exchange HashKey raises $207 million in Hong Kong IPO
Dec 16 : HashKey Group, Hong Kong's largest licensed crypto exchange, has set its initial public offering price at HK$6.68 per share, raising HK$1.61 billion ($206.96 million), according to an exchange filing on Tuesday.The company offered 240.6 million shares under the IPO, and a source with d ...
Crypto exchange HashKey prices Hong Kong IPO at HK$6.68 per share
Dec 16 : HashKey Group, Hong Kong's largest licensed crypto exchange, has set its initial public offering price at HK6.68 per share, near the upper end of the marketed range, raising HK$1.61 billion ($206.96 million), according to an exchange filing on Tuesday.($1 = 7.7794 Hong Kong dollars)
OUE to buy over Itochu's stake in OUE Healthcare for $20.7 mil
The Edge Singapore - OUE has acquired the entire 19.32% stake held by its partner Itochu in OUE Healthcare at 2.4 cents per share, or just over $20.7 million. The agreed transaction price is a slight discount off OUEH's last traded price of 2.6 cents on Dec 15. Upon completion of the deal, likely on Dec 24, OUE ...
Wall Street slips at open as investors assess key jobs data
[NEW YORK] Wall Street’s main indexes slipped at the open on Tuesday (Dec 16) after data broadly signalled a cooling US economy,...
Gordon Tang’s Acrophyte Asset Management to acquire Suntec REIT manager
Felicia Tan - Acrophyte Asset Management, an entity controlled by Gordon Tang, has entered into a conditional sale and purchase agreement with ESR Group’s subsidiaries to acquire ESR’s 100% indirect interest in the manager of Suntec REIT. The proposed acquisition is subject to the approval of the Monetary Aut ...
Property tycoon Gordon Tang to acquire Suntec Reit’s manager
Sharon See - Tang and his affiliates currently own 35.7% of Suntec Reit, while ESR owns 10.8%
Property tycoon Gordon Tang to acquire Suntec Reit manager
Sharon See - Tang and his affiliates currently own 35.7% of Suntec Reit, while the Reit manager ESR Trust Management (Suntec) owns 10.8%
Dollar eases against peers after better-than-expected US jobs data
NEW YORK, Dec 16 : The U.S. dollar eased against major peers on Tuesday after the release of delayed economic data showing stronger-than-expected jobs growth, signalling that the Federal Reserve might be cautious in continuing to cut interest rates in the near term.The U.S. economy added 64,000 jobs ...
Dollar drops against peers after delayed US data shows jobs growth
NEW YORK, Dec 16 : The U.S. dollar extended losses against major peers on Tuesday following the release of delayed economic data showing stronger-than-expected jobs growth that signals the Federal Reserve might be cautious in continuing to cut interest rates in the near term.The U.S. economy added 6 ...
US job growth beats expectations in November; jobless rate at 4.6%
[WASHINGTON] US job growth rebounded in November after nonfarm payrolls declined in October because of government spending cuts, but the unemployment rate...
Data and AI firm Databricks valued at $134 billion in latest funding round
Dec 16 : Databricks has raised more than $4 billion at a valuation of $134 billion, it said on Tuesday, the latest example of investors betting big on the transformative power of artificial intelligence. The series L funding round was led by Insight Partners, Fidelity Management & Research Compa ...
Data analytics firm Databricks valued at $134 billion in latest funding round
Dec 16 : Databricks said on Tuesday it has raised more than $4 billion in a funding round, which valued the data analytics firm at $134 billion.The round was led by Insight Partners, Fidelity Management & Research Company and J.P. Morgan Asset Management. Investors, including Andreessen Horowitz ...
Databricks builds war chest with $134 billion valuation in latest funding round
Dec 16 : Databricks said on Tuesday that it has raised more than $4 billion at a valuation of $134 billion, the latest example of investors betting big on companies benefiting from the broader adoption of artificial intelligence.The Series L funding round for Databricks, which provides a software p ...
US pauses implementation of US$40 billion technology deal with Britain
US officials are frustrated by Britain’s online safety rules, digital services tax and food safety restrictions
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales
F&N dairy subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C
Chloe Lim - The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong
F&N subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C
Chloe Lim - The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong
EC World Reit granted more time until May 2026 to submit resumption proposal
Sharon See - SGX-ST has considered that it needs more time to work on proposals to meet its loan repayment obligations
Peirce Road GCB jointly owned by Jopie Ong’s sister and kin of Tan Kah Kee being sold for S$148 million
Chong Xin Wei - The transaction, now at option stage, would be the biggest Good Class Bungalow deal done in years
Fraser and Neave acquires additional 4.6% stake in Vinamilk from Jardine C&C for $295 mil
Nicole Lim - Fraser and Neave (F&N) has announced plans to acquire 4.6% additional shares in Vietnam Dairy Products Joint Stock Company (Vinamilk) from Jardine Cycle & Carriage for about VND6,011,200 million ($295 million). F&N, through its wholly-owned subsidiary FNDI will acquire up to 96,094,631 s ...
