Singapore’s economy grew six percent year-on-year in the first quarter as demand skyrockets for artificial intelligence chips, balancing the fallout from the Middle East war, the government said Monday. As a major electronics hub, the city-state has seen a significant increase in the production of memory chips and server components...
Musk loses blockbuster OpenAI suit as jury says too late
A federal jury ruled Monday that Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to OpenAI CEO Sam Altman and ending one of Silicon Valley’s most closely watched courtroom battles. The jury in Oakland federal court found that Musk’s claims against Altman, OpenAI...
US Supreme Court hears major online music piracy case
The US Supreme Court heard arguments on Monday on whether internet service providers should be held liable for the online pirating of copyrighted music by their users. Cox Communications, a major broadband ISP, is asking the court to throw out a jury verdict awarding $1 billion in damages to Sony...
Apple AI chief leaving as iPhone maker plays catch-up
Apple on Monday said the head of its artificial intelligence team is stepping down, and the effort is to be led by a veteran engineer from Google and Microsoft. The plan for Apple senior vice president of Machine Learning and AI Strategy John Giannandrea to retire early next year comes...
Samsung unveils first ‘special edition’ triple-folding phone
Samsung launched its first triple-folding phone on Tuesday, a special-edition product with an eyewatering price tag placing it out of the reach of the average consumer. The Galaxy Z TriFold will go on sale on December 12 and costs more than twice as much as the new iPhone 17 at...
Prada completes acquisition of flashy rival Versace
Italian fashion group Prada announced on Tuesday it had completed its acquisition of smaller rival Versace, announced earlier this year for 1.25 billion euros (now $1.45 billion). Prada Group said in a statement that the deal with Capri Holdings, the US group which owned Versace, had “received all required regulatory...
Four killed as severe thunderstorms sweep across Texas
At least four people have been killed after severe thunderstorms hit southeastern Texas for the second time this month. The storms blew out windows in high-rise buildings, downed trees and knocked out power to nearly 900,000 homes and businesses in the Houston area. Mary Benton, chief of communications and senior...
Barred Candidate Campaigns for Replacement in Venezuela
At a bustling intersection, rally goers shout and illuminate their cellphones in the evening as Venezuelan opposition figure María Corina Machado climbs onto a flatbed truck like a presidential candidate. Although barred from the July 28 election, she continues to traverse the country, greeting supporters, taking selfies, blowing kisses, and...
Increase in children traversing perilous Darién Gap jungle
Over 30,000 children have ventured across the Darién Gap, a thick stretch of jungle between Panama and Colombia, within the first four months of this year. Statistics from the United Nations children's agency, Unicef, indicate a 40% rise in the number of minors undertaking this hazardous journey compared to last...
R Kelly loses appeal to overturn 20-year sentence for child sex abuse
R Kelly's challenge against a 20-year sentence for child sex convictions has been quashed by an appeals court. The singer was correctly sentenced to 20 years in prison, a Chicago court ruled on Friday. He was convicted in 2022 on three charges of producing child sexual abuse images and three...