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Technology
IBM forecasts upbeat 2022 revenue on cloud strength
NEW YORK – IBM said on Tuesday (April 19) it expects to hit the top end of its revenue growth forecast for 2022 even as it accounted for a hit of a…
Musk willing to invest up to US$15 billion to buy Twitter
NEW YORK – Elon Musk is willing to invest between US$10 billion (S$13.68 billion) and US$15 billion of his own money to take Twitter Inc private, the…
Tencent soars after China ends 8-month gaming freeze
BEIJING – Tencent Holdings surged more than 5 per cent, joining the rest of China’s gaming industry in a rally after regulators approved the country’s first…
Elon Musk giving ‘serious thought’ to building new social media platform
UNITED STATES – Tesla Chief Executive Officer Elon Musk is giving “serious thought” to building a new social media platform, the billionaire said in…
Jack Ma’s Ant sells China media firm shares as scrutiny from Beijing persists
Billionaire Jack Ma’s Ant Group sold its entire stake in the tech outlet 36Kr Holdings, the latest asset disposal in its bid to comply with demands…
Didi said to halt Hong Kong listing plan on cyber security probe
HONG KONG – Didi Global has suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it…
NFT mania shows signs of cooling as average price & sales decline
PORTLAND, Oregon – While anecdotal evidence that the NFT market is beginning to cool abounds, there are no bigger red flags that what’s going on with…
China tells banks, state firms to report exposure to Jack Ma Ant Group
BEIJING – The Chinese authorities have told the nation’s biggest state-owned firms and banks to start a fresh round of checks on their financial…
No more surcharge for Amazon Singapore customers on Visa credit cards
SINGAPORE – Singapore consumers no longer have to pay a surcharge when they use their Visa credit card to make purchases on Amazon’s Singapore…
Belgium sees Chinese smartphones as a spying risk
BRUSSELS – Chinese phone makers such as Huawei Technologies and Xiaomi may pose an espionage risk for users, Belgian Justice Minister Vincent Van…