Nextdoor cuts 12% of workforce in quest for profitability
Nextdoor Holdings, the neighbourhood social networking company, is eliminating 12 per cent of its workforce, part of a broader effort by chief executive officer Nirav Tolia to achieve…
Section
Culture
Stocks to watch: UOB, SGX, Genting, Sembcorp, Singapore Land, Riverstone, Daiwa, BHG Retail
The following companies saw new developments that may affect trading of their securities on Friday (Aug 8): UOB: Trade loans are expected to contribute more visibly to the bank’s balance…
Daiwa House Logistics Trust H1 DPU drops 8.6% to S$0.0224
The manager of Daiwa House Logistics Trust (DHLT) on Friday (Aug 8) posted a distribution per unit (DPU) of S$0.0224 for its first half ended Jun 30, down 8.6 per cent from S$0.0245 in the…
Profits over people and microplastics in every meal?
For decades, the plastic crisis has always felt far away, whether through time or across distance. But unfortunately, we’re no longer talking about environmental pollution “out there” in…
SGX H2 net profit dips 2.6% to S$308 million
The group is working with the Monetary Authority of Singapore and key ecosystem partners to boost the competitiveness of the Singapore equities market Singapore Exchange (SGX) announced on…
SGX ekes out record high full-year profit despite 2.6% decline in H2
Singapore Exchange (SGX) reported its highest-ever full-year revenue and net profit since listing on Friday (Aug 8). This milestone comes amid a 2.6 per cent decline in net profit for the…
How Formula E made EV racing a global phenomenon
As U.S. climate policy was noisily dismantled in Washington over the spring and summer, another climate story unfolded—quieter, faster, and broadcast to millions. It unfolded in the…
Crypto’s real barrier isn’t trust, it’s understanding
For years, crypto headlines have fixated on trust issues: fraud, volatility, and the few bad actors who’ve given crypto a Wild West reputation. But the National Cryptocurrency…
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States, sending the online travel company’s shares up more…
Successful companies will integrate AI training into workflow
Most of us are failingat AI. While nearly 90% of CEOs expect AI to transform their organizations, only 16-23% report seeing meaningful value today. As a result, employers and employees are…
Instacart posts strongest order growth since 2022, beats earnings estimates
Instacart posted its strongest order growth since 2022 for a second straight quarter and beat earnings estimates for the current period, a sign of resilience in its core delivery business…
Oil falls on announcement of Trump-Putin meeting
Oil prices dropped on Thursday for a sixth consecutive session after the Kremlin said Russian President Vladimir Putin would meet US... Source link
Europe: Shares post biggest jump in over two weeks; Ukraine ceasefire in focus
EUROPEAN shares logged their biggest daily rise in over two weeks on Thursday, boosted by financial stocks as investors weighed mixed corporate earnings, US tariffs and a potential…
Tesla disbands Dojo supercomputer team in blow to AI effort
Tesla is disbanding its Dojo supercomputer team and its leader will depart the company, according to sources familiar with the matter, upending the automaker’s effort to develop in-house…
TikTok is losing it over real-life octopus cities
Remember when the internet cried actual tears for an anglerfish earlier this year? Now, TikTok has a new deep-sea obsession. Brought to light by creator and wildlife biologist Josh Allyn,…
Trump asks Supreme Court to approve ICE's arrests in Los Angeles
The Trump Justice Department sparked the next major legal battle over his deportation policies Thursday, rushing to the Supreme Court to ask the justices to give a preliminary OK to…
Trump honors Purple Heart heroes at the White House
President Trump paid tribute Thursday to military veterans injured in action by hosting nearly 100 Purple Heart recipients at the White House. Source link
Biden aide Anita Dunn vouches for his mental fitness but says cognitive test was politically risky
Former President Biden's longtime aide, Anita Dunn, told House investigators Thursday that her boss made all of his own decisions, despite physically aging while in office. Source link
Trump nominates White House economist Stephen Miran to Federal Reserve board
President Trump on Thursday said he'll nominate Stephen Miran, a top White House economic adviser, for the vacant seat on the Federal Reserve Board of Governors as the president feuds with…
The Trump administration can’t win its flame war with ‘South Park’
“I don’t know what more we could possibly say about Trump,” South Park co-creator Trey Parker told Vanity Fair last September. Then Trump won the 2024 election. After witnessing the…
Duolingo wants to make its music lessons more addictive
Duolingo may be known as the world’s largest language-learning app, but it also wants to get users hooked on learning music. On August 6, Duolingo announced its plan to acquire the team…
Trump Suffers Major Legal Blow on His Beloved “Alligator Alcatraz”
The New York Timesreported Wednesday that Cuomo “spoke about the race directly” with the president in recent weeks. Though it’s not clear who initiated the call, or what the two spoke…
Vance security team requested higher water level of river in Ohio for veep's trip
The Secret Service asked the Army Corps of Engineers and Ohio officials to increase the flow of a lake-fed river to accommodate Vice President J.D. Vance's security team while Mr. Vance…
Trump turns tables on banks that cancel customers for political reasons
Using excuses such as "reputational risk" can no longer be a reason for banks to reject a customer or expel a current client, under an executive order President Trump inked on Thursday.…