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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…

Dec 10 : Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 billion compared with earlier estimates – a sign that big capital outlays to chase AI cloud-computing customers is…

(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…

Dec 10 : Gemini, the crypto platform founded by billionaire twins Tyler and Cameron Winklevoss, said on Wednesday it had received a license from the Commodity Futures Trading Commission to offer prediction markets to U.S. customers.

Shares of the…

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…

NOT ALL LOCATIONS ARE EQUAL

Even with favourable business structures, stores must still attract footfall and repeat purchases, said Singapore Management University’s associate professor of marketing education Seshan Ramaswami.

“In retailing, the…

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…

Dec 10 : OpenAI on Wednesday warned that its upcoming artificial intelligence models could pose a “high” cybersecurity risk, as their capabilities advance rapidly.

The AI models might either develop working zero-day remote exploits against…

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…