US stocks: Wall Street posts biggest daily drop in three months, Trump Greenland tariff threat triggers wide selloff
ALL three major Wall Street indexes ended Tuesday with their biggest one-day drops in three months, in a broad selloff triggered by...
Brazil gives Musk's xAI 30 days to tackle fake sexualized content from Grok
SAO PAULO, Jan 20 : Brazil's government and federal prosecutors gave Elon Musk's xAI 30 days to stop its Grok chatbot from circulating fake sexualized content, according to a joint statement on Tuesday.The Brazilian consumer protection agency Senacon, data protection authority ANPD and the ...
Brazil issues recommendation for X to tackle fake sexualized content through Grok
SAO PAULO, Jan 20 : Brazil's government and federal prosecutors issued a recommendation for Elon Musk's social media firm X to prevent the circulation of fake sexualized content through its Grok chatbot.In a joint statement, the Brazilian consumer protection agency Senacon, data protection ...
FTC appeals ruling in Meta antitrust case over Instagram, WhatsApp deals
Jan 20 : The U.S. Federal Trade Commission is seeking to revive its case accusing Facebook parent company Meta Platforms of bolstering an illegal monopoly by acquiring Instagram and WhatsApp, the FTC's spokesperson said on Tuesday. The case is part of a crackdown on Big Tech that President Dona ...
FTC will appeal ruling in Meta antitrust case over Instagram, WhatsApp deals
Jan 20 : The U.S. Federal Trade Commission will file an appeal seeking to revive its case accusing Facebook parent company Meta Platforms of bolstering an illegal monopoly by acquiring Instagram and WhatsApp, the FTC's spokesperson said on Tuesday.Meta defeated the case last year when U.S. Dist ...
OpenAI rolls out age prediction on ChatGPT
Jan 20 : OpenAI on Tuesday said it is rolling out age prediction on ChatGPT globally, to determine whether an account is likely owned by a minor, as the artificial intelligence startup prepares to allow adult content on the popular chatbot."When the age prediction model estimates that an accoun ...
Google-backed Isomorphic Labs delays clinical trial timeline
Jan 20 : Isomorphic Labs, which uses artificial intelligence for drug discovery, expects to have its first clinical trials by the end of 2026, founder and CEO Demis Hassabis said on Tuesday. The comments, made at an event at the World Economic Forum in Davos, Switzerland, signal a delay in the Googl ...
Mubadala targets opportunities in AI and robotics, CEO says
Jan 20 : Abu Dhabi sovereign wealth fund Mubadala is targeting opportunities in artificial intelligence and robotics, viewing the sectors as a major source of industrial growth and a guide for future investments, its group CEO said on Tuesday.The $330 billion fund has been expanding its technology p ...
Bitcoin hoarder Strategy buys $2.13 billion in bitcoin in eight days
Jan 20 : Billionaire Michael Saylor's bitcoin-focused firm Strategy said on Tuesday it bought about $2.13 billion worth of bitcoin over the past eight days, stepping up purchases even as its stock has been pressured by cryptocurrency volatility.The company acquired roughly 22,305 bitcoin betwee ...
Roche's Genentech more than doubles investment in North Carolina facility to about $2 billion
Jan 20 : Roche's Genentech said on Tuesday it will more than double its initial investment in a biomanufacturing facility in North Carolina to about $2 billion, as the companies look to further boost their $50 billion investment in the U.S. The facility, based in Holly Springs, North Carolina i ...
Tariffs starting to bump up product prices, Amazon CEO tells CNBC
Jan 20 : Amazon.com is starting to see an uptick in product prices on its e-commerce platform as sellers respond to cost pressures stemming from U.S. President Donald Trump's tariffs, the tech giant's CEO, Andy Jassy, told CNBC on Tuesday.The company had pulled forward its inventory shipme ...
AI startup Humans& raises $480 million at $4.5 billion valuation in seed round
Jan 20 : AI startup Humans&, founded by former OpenAI, Alphabet and xAI researchers, has raised $480 million in a seed financing round, which values the company at $4.48 billion, it said on Tuesday.The outsized seed round highlights intense investor interest in next-generation AI labs founded by ...
Streaming captures nearly half of US TV viewing in December on 'Stranger Things' boost
Jan 20 : Streaming services captured nearly half of all television viewership in the U.S. in December, powered by Netflix's Christmas Day NFL games and the highly anticipated final season of "Stranger Things," audience measurement firm Nielsen reported on Tuesday.With a record 47.5 pe ...
Wall Street slides as US-Greenland standoff knocks sentiment
[NEW YORK] Wall Street’s main indexes opened sharply lower on Tuesday (Jan 20), as investors were spooked by renewed tariff threats from...
AI data centre boom risks roiling global carmaker supply chains
A data centre-driven memory chip shortage is forcing some suppliers to accept price hikes of over 100%
Wall Street slides to near three-week low as Greenland dispute triggers global sell-off
The CBOE Volatility index, also known as Wall Street's fear gauge, touched a two-month high at 19.42 points.
Exclusive-Palantir inks HD Hyundai deal worth hundreds of millions, CEO bullish on Korea
DAVOS, Switzerland, Jan 20 : Palantir leaders said the U.S. technology company has clinched a large deal to sell more software to HD Hyundai, ramping up its heavy-industry work in South Korea.The agreement is worth hundreds of millions of dollars to Palantir over several years, a person familiar wit ...
Anthropic CEO says selling advanced AI chips to China is ‘crazy’
He says that China remains behind in its AI development and is held back by the embargo on chips
Singapore Airlines launches $500 mil 2.70% notes due 2036 as part of $10 bil multicurrency medium term note programme
Nicole Lim - Singapore Airlines has launched and priced $500 million in aggregate principal amount of 2.70% notes due 2036 as part of its $10 billion multicurrency medium term note programme. The notes are comprised in Series 012, and DBS, OCBC and UOB are the joint global coordinators. The notes are being offer ...
SIA prices S$500 million 10-year notes at 2.7% fixed rate
Renald Yeo - They will be offered in denominations of S$250,000
Sony to cede control of Bravia TVs to China’s TCL Electronics
TCL will produce televisions carrying the Sony and Bravia names, but using its own display technology
Brazilian digital bank PicPay targets $2.5 billion valuation in US IPO
Jan 20 : PicPay said on Tuesday it was targeting a valuation of up to $2.46 billion in its long-sought U.S. initial public offering, as Brazilian issuers return to New York after years-long drought.The Sao Paulo-based Brazilian digital bank is aiming to raise up to $434.3 million in the IPO by offer ...
Differentiate between ‘genuine homebuyers and investors’: ERA’s Budget 2026 wishlist
Jovi Ho - Real estate agency ERA has released a list of seven housing policy recommendations ahead of Prime Minister Lawrence Wong’s Budget 2026 speech on Feb 12. Grouped into four categories, ERA’s wishlist comes a week after rival agency PropNex’s six wishes, broadly echoing similar points about makin ...
Meta Singapore chief eyes chat apps as next sales frontier
[SINGAPORE] Artificial intelligence (AI) bots that pitch, prattle and sell you stuff in your WhatsApp and Messenger chats are set to helm the...
Netflix will now pay all cash for Warner Bros to keep Paramount at bay
The new all-cash bid – at US$27.75 a share – has unanimous support from the Warner Bros board
Legal AI startup Ivo raises $55 million in latest funding round
Jan 20 : Artificial intelligence startup Ivo raised $55 million in a funding round, led by existing investor Blackbird, to speed up development of its legal services platform and hire more salespeople to tap growing demand.The Series B round, announced on Tuesday, valued the company at around $355 m ...
Indian AI startup Emergent raises $70 million in round led by SoftBank, Khosla Ventures
BENGALURU, Jan 20 : Indian software application creator startup Emergent has raised $70 million in funding as part of a round led by SoftBank Vision Fund and Khosla Ventures, the company said on Tuesday.The Series B round came four months after the startup raised its $23 million Series A round from ...
Sequoia, Accel-backed Ethos Technologies eyes $1.3 billion valuation in US IPO
Jan 20 : Ethos Technologies, backed by venture capital firms Accel and Sequoia, said on Tuesday it was targeting a valuation of up to $1.26 billion in its U.S. initial public offering, as the insurance IPO momentum extends into 2026.The life insurance technology company and some of its existing shar ...
Sequoia, Accel-backed Ethos Technologies seeks $1.3 billion valuation in US IPO
Jan 20 : Ethos Technologies, backed by venture capital firms Accel and Sequoia, said on Tuesday it was targeting a valuation of up to $1.26 billion in its U.S. initial public offering, as a surge in insurance company listings extends into 2026.First-time share sales from insurance firms hit a 20-yea ...
Thailand lifts cap on forex repatriation to temper baht rally
Thai individuals and businesses can now retain up to US$10 million per transaction in overseas income
Singaporeans expect inflation to increase slightly in 2026 amid trade uncertainties: survey
Therese Soh - Geopolitical uncertainties and higher interest rates are also cited as concerns
Singapore chip manufacturing sector set to boom as global DRAM shortage continues
Young Zhan Heng - Benefits could ‘cascade across the entire value chain’, as demand outstrips supply of the computer memory hardware
China’s Busy Ming bets on bargain snacks in US$428 million Hong Kong IPO
The retailer is now a national player in China’s snack market via small packs and budget pricing
US IT hardware stocks fall as Morgan Stanley turns cautious on sector
Jan 20 : U.S. IT hardware stocks fell on Tuesday after Morgan Stanley downgraded its view on the industry, warning that companies could drastically reduce their spending budgets as enterprise demand slows and component costs rise.U.S.-listed shares of Logitech and NetApp dropped 6.2 per cent and abo ...
