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SYDNEY, Dec 11 : Westpac non-executive director Peter Nash was reelected to the bank’s board on Thursday, surviving a sizeable investor backlash over his ties to the troubled Australian Securities Exchange.

About 40 per cent of investors voted…

(Corrects to remove reference to number of subscribers in paragraph 5)

Dec 10 : YouTube said on Wednesday it will roll out new genre-based subscription plans for YouTube TV in the U.S. early next year, underscoring the platform’s growing clout in…

WASHINGTON, Dec 10 : Microsoft, Meta, Google and Apple were among the 13 companies that received a warning from a bipartisan group of state attorneys general, according to a letter from the state leaders, who said their chatbots’ “delusional…

HONG KONG, Dec 11 : Stocks slid on Thursday after disappointing earnings at U.S. cloud computing giant Oracle sounded a warning for AI profitability, while bonds were firm and the dollar nursed losses after the Federal Reserve cut U.S. interest…

SAN FRANCISCO, Dec 10 : When the chairman of AI chip startup Rivos wanted Intel to bid for the company, he had no need to phone the chip giant. That’s because the chairman of Rivos was also Intel’s CEO: Lip-Bu Tan.

Tan had pitched Intel’s…

NEW YORK: Major stock indexes jumped while US Treasury yields declined on Wednesday (Dec 11) after the Federal Reserve cut interest rates as expected and investors remained hopeful about further cuts ahead, even as the central bank signalled it…

Dec 10 : Adobe forecast fiscal 2026 revenue and profit above Wall Street expectations on Wednesday, signaling strong demand for the Photoshop maker’s design tools and increasing monetization for its artificial intelligence offerings. 

Since the…

Dec 10 : Alphabet’s Google has appointed longtime executive Amin Vahdat as chief technologist for AI infrastructure, Semafor reported on Wednesday, citing an internal memo, as tech giants pour billions into the computing backbone needed to power…

MOM said the easing of job vacancies in 2025 was not driven by rising retrenchments or unemployment, but reduced labour churn and slower hiring, with firms more cautious in creating new roles.

“This suggests that firms are managing headcount…

HONG KONG, Dec 11 : Shares of Jingdong Industrials Inc, a unit of Chinese online retailer JD.com, opened down 7.8 per cent in their Hong Kong Stock Exchange debut on Thursday, after the company raised HK$2.98 billion ($383.08 million) in a…