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Breaking News: Technology

Singapore’s AI ambitions get a boost with $740 million investment plan

by Walter Watson
Singapore’s AI ambitions get a boost with 0 million investment plan

The Singapore River and Merlion Park in the evening Photography By Bobi | Moment Open | Getty Images SINGAPORE — Singapore’s plan to invest more than $743 million into artificial …

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EU set to fine Apple 500 million euros in antitrust crackdown: Report

by Walter Watson
EU set to fine Apple 500 million euros in antitrust crackdown: Report

A. Perez Meca | Europa Press | Getty Images The European Commission is set to fine Apple about 500 million euros ($539 million) over alleged breaches of EU competition law, …

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Sony gaming margin questioned after PS5 sales cut sparks stock plunge

by Walter Watson
Sony gaming margin questioned after PS5 sales cut sparks stock plunge

The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Around $10 billion of value was wiped off Sony’s stock last week, after the Japanese …

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Jeff Bezos sells more than $2 billion in Amazon stock

by Edgar Davis
Jeff Bezos sells more than  billion in Amazon stock

Jeff Bezos. Emma McIntyre | Getty Images Entertainment | Getty Images Amazon founder and executive chairman Jeff Bezos sold roughly $2.08 billion of shares in the company over the past …

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Delivery Hero happy to keep Asia unit Foodpanda ‘forever,’ CEO says

by Edgar Davis
Delivery Hero happy to keep Asia unit Foodpanda ‘forever,’ CEO says

Delivery Hero CEO Niklas Östberg speaking at the Noah tech conference in Berlin on June 13, 2019. Krisztian Bocsi | Bloomberg via Getty Images Delivery Hero CEO Niklas Ostberg said …

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Mark Zuckerberg comments on Apple’s Vision Pro

by Edgar Davis
Mark Zuckerberg comments on Apple’s Vision Pro

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. …

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Uber stock pops more than 14% on $7 billion share buyback

by Edgar Davis
Uber stock pops more than 14% on  billion share buyback

Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company’s initial public offering on the floor of the New York Stock Exchange, May 10, 2019. …

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Lyft CEO takes blame for ‘extra zero’ in Q4 earnings release

by Edgar Davis
Lyft CEO takes blame for ‘extra zero’ in Q4 earnings release

Lyft CEO David Risher took responsibility for the major error that appeared in the company’s fourth-quarter earnings release, telling CNBC’s “Squawk Box” that it’s “super frustrating” for everyone on the …

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Meta says Broadcom CEO Hock Tan is joining board of directors

by Edgar Davis
Meta says Broadcom CEO Hock Tan is joining board of directors

Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Meta said Wednesday that Broadcom CEO president Hock Tan and philanthropist and former Enron executive John Arnold are joining the company’s …

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Nvidia passes Alphabet market cap, now third most valuable U.S. firm

by Edgar Davis
Nvidia passes Alphabet market cap, now third most valuable U.S. firm

NVIDIA’s CEO Jensen Huang attends a media roundtable meeting in Singapore December 6, 2023. Edgar Su | Reuters Nvidia surpassed Google parent Alphabet in market capitalization on Wednesday. It’s the …

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