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Gov. Gavin Newsom vetoes AI safety bill opposed by Silicon Valley
[ad_1] SAN FRANCISCO — Gov. Gavin Newsom on Sunday vetoed SB 1047, an artificial intelligence safety bill that would have established requirements for developers of advanced AI models to create protocols...
Crop trader Olam to pay US$3.3 million fine for delayed cotton sales reports
[ad_1] CROP trader Olam Group will pay a US$3.3 million fine for delayed reporting of cotton sales to the US Department of Agriculture (USDA) and the Commodity Futures Trading Commission...
Hoping for banks to slash mortgage rates? Don’t hold your breath, analysts say
[ad_1] Fed’s Sep 18 rate cut has been widely anticipated and local banks have already priced it in for their loan packagesMORTGAGE rates in Singapore are likely to fall as...
Riskiest real estate bonds are beating Nvidia’s returns
[ad_1] A PREVIOUSLY gloomy corner of the debt world has become the biggest winning trade in global financial markets, producing returns that few traders have seen in more than a...
Raffles Medical executive chairman expands interest; First Reit independent director cashes in
[ad_1] Institutions were net sellers of Singapore stocks over the five trading sessions spanning Sep 20 to 26, with S$54 million of net institutional outflow – reducing total net inflows...
Apple drops out of talks to join OpenAI investment round: WSJ
[ad_1] APPLE has left negotiations to participate in an OpenAI funding round expected to raise about US$6.5 billion, the Wall Street Journal said on Friday (Sep 27). The tech giant...
Canada’s high-yield bond market is suddenly the hottest in years
[ad_1] THE often-overlooked Canadian high-yield debt market is having a moment, as companies pile in to sell debt and investors look to lock in coupons before central bank monetary policy...
OpenAI sees US$11.6 billion revenue next year, offers Thrive chance to invest again in 2025
[ad_1] THRIVE Capital is investing more than US$1 billion of OpenAI’s current US$6.5 billion fundraising round, and it has a sweetener no other investors are getting: the potential to invest...
Binance founder Zhao released from US custody: Bloomberg
[ad_1] BINANCE founder Zhao Changpeng was released from a correctional facility in California on Friday (Sep 27), Bloomberg News reported, citing a spokesperson for the Bureau of Prisons.Former chief executive...
Comcast unit sues Warner Bros for breach on TV show deals
[ad_1] COMCAST’S European Sky pay-television unit sued Warner Bros, alleging the film and TV company breached an agreement to share co-production opportunities on projects like a Harry Potter TV series.The...
