Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Amazon.com shares slid 9 per cent on Friday (Feb 6) after the company…
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
TikTok accused of breaching EU online content rules
EU tech regulators say the app may have to change its ‘addictive design’ featuring infinite scroll and autoplay Social media app TikTok was charged by the European Union tech…
Wall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though optimism was tempered by Amazon’s drop after…
Goldman, JPMorgan and Bank of America boost banker, trader bonus pools by at least 10%
organ Chase, Goldman Sachs Group and Bank of America boosted their bonus pools for bankers and traders by at least 10 per cent, as the businesses benefited from a banner year in…
Bank of England cautious about risks from expected dip in inflation
Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and…
Australian laser maker EOS opens production centre in Singapore
The centre will produce EOS’s 100 kilowatt-class laser weapon system for Dutch and Korean customers Australia’s Electro Optic Systems (EOS) opened a production centre in Singapore…
The Week: A Short-Lived Shutdown
Plus: The Epstein files fallout. Source link
Midnight Strikes for Immigration Restrictionism
The donors are back in charge of the GOP, for now. But Trump could still turn back the clock with some old-fashioned firings. Source link
On Crime, Buckley Understood What Mamdani Fails to See
William F. Buckley could foresee NYC’s crime problems in 1965, but Zohran Mamdani remains oblivious. Source link
Solo Mio — a Rom-Com for Men
Angel Studios launches a family-friendly romance. Source link
Chasing Platforms Instead of Ambulances: Social Media Liability Trial Kicks Off in California
If the case finds success, it will open the floodgates for attorneys to sue deep-pocketed companies regardless of whether they actually caused harm. Source link
“My Father’s Shadow” Is Intensely—Yet Obliquely—Autobiographical
Most of the movie takes place in the span of a single day, and two clocks, political and personal, seem to be ticking out of synch, urgently and discordantly. Folarin’s political…
Kaiser workers launch war against AI, protesting potential job losses and patient harm
Workers of one of the most powerful unions in California are forming an early front in the battle against artificial intelligence, warning it could take jobs and harm people’s health. As…
Is There Such a Thing as Too Much Good Taste?
The worry that taste is deceptive or distracting haunts seemingly every narrative in which it figures. In “Strangers,” Burden wonders how she failed to notice her husband’s unhappiness,…
Tesla is no longer No. 1: This is how a Chinese competitor surged past the EV pioneer
Tesla, the 23-year-old company that brought green cars into the mainstream, has been pushed off its perch as the world’s top electric vehicle seller. Chinese EV manufacturer BYD sold…
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers Stellantis shares fell the most on record after the automaker announced 22…
Why is silver whipsawing while gold steadies? Here’s what investors should know
Industry observers say thin liquidity and speculative unwinding are behind silver’s wild swings Silver see-sawed between gains and losses on Friday (Feb 6), plunging nearly 10 per cent in…
Intel, AMD notify customers in China of lengthy waits for CPUs
The supply constraints have driven up prices for Intel’s server products in China by more than 10% Intel and AMD have notified Chinese customers of supply shortages for server…
Microsoft launches AI QuickStart programme for SMEs
Backed by IMDA and UOB, the scheme supports digitally mature firms in rolling out artificial intelligence solutions Microsoft on Friday (Feb 6) launched a programme to support small and…
Keppel’s special dividend yet to include billion-dollar sale of M1
Keppel’s proposed special dividend of S$0.13 per share helped push the company’s shares up over 6 per cent in a single day. The special dividend, driven by Keppel’s “strong progress in…
China’s easy money floods metals markets as real economy falters
Copper, gold and silver all hit record highs, and activity on Chinese futures markets has soared ample cash but fewer investment options, Chinese speculators have fanned a…
Japan’s Kirin sells Four Roses bourbon as US whisky market cools
Concerns over the impact of US President Donald Trump’s tariffs also continue to weigh on the sector Japanese brewer Kirin Holdings said that it will sell its Four Roses bourbon…