News
Fortescue profit plunges as China’s iron ore demand declines
[ad_1] FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer China softened.The slump in net income to US$1.55...
Nasdaq-listed Grab’s Q4 profit falls to US$27 million, but beats analyst estimates
[ad_1] NASDAQ-LISTED Grab on Thursday (Feb 20) posted a net profit of US$27 million for the fourth quarter ended December, down from US$35 million in the previous corresponding period. The...
Siemens set to raise 1.4 billion euros in Healthineers stake sale
[ad_1] SIEMENS is likely to raise about 1.4 billion euros (S$2 billion) from the sale of a roughly 2.3 per cent stake in Siemens Healthineers, the medical technology unit it...
Google develops AI co-scientist to aid researchers
[ad_1] The new tool uses advanced reasoning to help scientists synthesize vast amounts of literature and generate novel hypothesesGOOGLE has developed an artificial intelligence (AI) tool to act as a...
Microsoft unveils quantum computing chip for future data centres
[ad_1] MICROSOFT announced its first quantum computing chip, a major step in the company’s effort to produce devices that might someday solve problems beyond the reach of modern computers.The company...
US: Wall St opens slightly lower as markets assess latest tariff threats
[ad_1] WALL Street’s main indexes opened marginally lower on Wednesday (Feb 19) on worries over US President Donald Trump’s latest tariff threats and head of minutes from the Federal Reserve’s...
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
[ad_1] ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on Wednesday (Feb 19), citing people familiar...
Musk’s X in talks to raise money at US$44 billion valuation, Bloomberg News reports
[ad_1] ELON Musk’s X social media platform is in talks to raise money from investors at a US$44 billion valuation, Bloomberg News reported on Wednesday (Feb 19), citing people familiar...
Apple to launch new lower-cost iPhone to capture a broader market
[ad_1] APPLE is set to launch its latest budget iPhone model on Wednesday (Feb 19) as it looks to grab a bigger share of the mid-range smartphone market and fend...
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
[ad_1] ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
The company has opened...
