Fashion
Disney invests $1 billion in OpenAI, licenses Mickey Mouse to Sora AI platform
OpenAI said Thursday it reached a licensing deal with the Walt Disney Co. to use more than 200 popular Disney characters including Mickey Mouse, characters from “Frozen” and Yoda...
Opec says Opec+ raised output in November, leaves demand view steady
[LONDON] Opec said on Thursday (Dec 11) that the wider Opec+ oil producer group nudged up output in November as eight Opec+ members pressed ahead with another production increase,...
Axa warns on data centre ‘gambles’ as private credit risks rise
[PARIS] French insurer Axa is exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private markets. “We are...
Instacart is charging different prices to different customers in a dangerous AI experiment, report says
The grocery delivery service Instacart is using artificial intelligence to experiment with prices and charge some shoppers more than others for the same items, a new study found. The...
Roblox sued by Southern California families alleging children met predators on its platform
Video gaming platform Roblox is facing more lawsuits from parents who allege the San Mateo, Calif., company isn’t doing enough to safeguard children from sexual predators. A Los Angeles...
Can Manulife US Reit recover? Unitholders seek answers ahead of EGM
The real estate investment trust’s manager answers pointed questions from unitholders[SINGAPORE] Long-suffering unitholders have grilled Manulife US Reit’s manager on its recovery plan – including the interest the sponsor...
Singtel hit with S$1 million fine for 2024 voice disruption
The incident on Oct 8 last year affected more than 500,000 users for more than four hours[SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine...
Bank of Japan reluctant to intervene on rising yields, sources say
The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates[TOKYO] The Bank of Japan (BOJ) sees a...
India’s equity mutual fund inflows rebound in November on strong earnings, low inflation
[MUMBAI] Equity mutual fund inflows into the Indian stock market rebounded after three months in November, as improved corporate earnings, stable economic growth and benign inflation powered blue-chips to...
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by developers to recycle capital and rejuvenate assets [SINGAPORE] DBS Research has taken a bullish stance on Singapore property counters,...
