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Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated…
Mickey Mouse, welcome to the AI era. Fans will soon be able to create short-form generative AI videos featuring more than 200 Disney, Marvel, Pixar, and Star Wars characters, thanks to a…
The company to tap OpenAI tools for new products and experiences, and to roll out ChatGPT to staff Walt Disney agreed to invest US$1 billion in OpenAI and licence iconic characters like…
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 from…
Disney is trying to take control of its destiny in an AI-flooded world. The Walt Disney Company and OpenAI have reached an agreement for Disney to become the first major content licensing…
The asset is country’s fourth-largest utilities provider with around 1.1 million customers Sembcorp Industries will acquire Australia’s fourth-largest utilities provider Alinta Energy. In…
It is under the CLI RMB Master Fund with CapitaMall Xinduxin, as the seed asset Global real asset manager CapitaLand Investment (CLI) said on Thursday (Dec 11) that it closed its second…
It is selling its stake to Keppel Reit, which will have two-thirds interest in the property upon completion Shares of Hongkong Land rose as much as 5 per cent in intraday trading on…
The group is selling its share to Keppel Reit, which will have a two-thirds interest in the property upon completion Shares of Hongkong Land rose on Thursday (Dec 11) following news of the…
ZTE said it is engaged in “ongoing communication” with the US Justice Department CHINESE telecom equipment maker ZTE Corp may pay more than US$1 billion to the US government to resolve…
CK Hutchison has said that it would not proceed with a transaction that did not have the approval of all relevant authorities Hong Kong tycoon Li Ka-shing’s attempt to sell dozens of CK…
Cloud computing giants assumed that their chips and servers would last about six years IN PURSUIT of the AI dream, the tech industry this year has plunked down about US$400 billion on…
The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand Global investors, including Temasek Holdings and Capital Group, are offering to buy shares in…
The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary – Festival Walk – will sell Festival Walk Tower for nearly HK$2 billion…
The gaming pioneer faces rising memory costs, which threaten to impair margins for its Switch 2 console Nintendo’s shares fell as much as 4.7 per cent on Wednesday (Dec 10) to their lowest…
The country’s IPO fundraising in 2025 is expected to surpass last year’s record US$20.5 billion Shares of e-commerce firm Meesho jumped about 58 per cent in their debut on Wednesday (Dec…
Major US tech firms have poured billions of US dollars into the country this year Amazon plans to invest more than US$35 billion in India by 2030 to expand operations and strengthen its…
Amazon plans to invest more than US$35 billion in India by 2030 to expand its operations by boosting artificial intelligence (AI) capabilities and increasing exports, the US e-commerce…
OLAM Group said on Wednesday its unit olam food ingredients (ofi) had secured a multi-tranche dual currency term loan facility aggregating US$1.12 billion. The facility, consisting of two…
It will be used to refinance ofi’s existing loans and for general corporate purposes Agribusiness conglomerate Olam Group said on Wednesday (Dec 10) that its wholly owned subsidiary, Olam…
SpaceX is moving ahead with plans for an initial public offering (IPO) that would seek to raise significantly more than US$30 billion, sources familiar with the matter said, in a…
Microsoft on Tuesday (Dec 9) unveiled about US$23 billion in new artificial intelligence investments, with the bulk earmarked for India as it deepens its bet on one of the world’s…
Microsoft on Tuesday (Dec 9) unveiled about US$23 billion in new artificial intelligence investments, with the bulk earmarked for India as it deepens its bet on one of the world’s…
Novartis is on a deal spree this year, including the US$12 billion acquisition of Avidity Biosciences Novartis will pay UK biotech Relation Therapeutics as much as US$1.7 billion to help…
