News

PayPal adds another round of layoffs
PayPal, the digital payments company, is laying off 251 employees at its San José headquarters in another round of layoffs, according to a recent government filing.The cuts are a...
How the influencer industry is taking center stage in Burbank
The exterior of the two-story, beige-colored building looks like any other drab office space near the Hollywood Burbank Airport. But on a recent weekday afternoon, the inside was bustling...
From $300,000 EVs to dancing bots: The El Segundo firm sliding into Tesla’s slipstream
After its multibillion-dollar bid to become the next Tesla failed, El Segundo’s Faraday Future is pivoting to humanoid robots. The company says it is applying the expertise and infrastructure...
Malaysia’s finance ministry hires adviser to assess AirAsia’s funding needs
South-east Asia’s largest budget carrier seeks fresh capital amid mounting financial pressurePublished Thu, Sep 3, 2026 · 04:39 PM[HONG KONG/KUALA LUMPUR] Malaysia’s finance ministry has hired Alton Aviation Consultancy...
Hunting for yield? DBS analysts betting on S-Reits over bank dividends
Yield gap between the two at multi-year high, but rising bond yields bear watching as higher interest rates have opposite impact on them[SINGAPORE] Investors hunting for dividend income may...
Reining In Big Tech: How California lawmakers plan to regulate AI and social media
SACRAMENTO — Long the epicenter of the global tech industry, California is taking more action to shield its children, communities and workers from the threats posed by the very industry that’s...
‘We’re not changing it’: SoCal-based Mapquest takes stand against Trump’s ‘Lake America’
Within days of President Trump’s executive order renaming Lake Ontario to “Lake America,” Google Maps quietly fell in line. Searches for the international boundary water in Google Maps now...
What Meta’s $17-billion settlement revealed about the harms of social media
After months of hype and mere hours in front of the jury, California’s blockbuster suit against Meta ended on Wednesday with a sweeping $17-billion settlement and 130 pages of...
Meta’s massive settlement may not be enough to improve child safety, experts say
Over the last five years, efforts to make social networks Facebook and Instagram safer for young people have erupted across courts, classrooms and capitals.Now Meta Platforms, the parent company...
Apple’s rare Bay Area layoffs hit Vision Pro and Siri teams amid AI shakeup
Apple is laying off close to 150 employees, the latest tech titan to reduce staff amid the artificial intelligence boom. Recent government filings showed that the iPhone maker is...
Owner of Indonesian coal mining giant Bayan in talks on sale
Billionaire Low Tuck Kwong – who owns 40 per cent of Bayan – is said to be negotiating with potential buyersPublished Wed, Aug 26, 2026 · 08:46 PMTHE owner...
Forbes Asia names 15 Singapore firms on list of 100 small companies to watch in 2026
It is the second-largest representation from a single country, after India with 19 companies[SINGAPORE] Forbes Asia released its sixth annual edition of the 100 to Watch list on Tuesday...