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13876 articles published since 08 Mar 2022

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Uber to buy Delivery Hero's Foodpanda in Taiwan for US$950 mn
Uber to buy Delivery Hero's Foodpanda in Taiwan for US$950 mn
Economy

Ride-hailing giant Uber said Tuesday it has reached a deal with Delivery Hero SE to buy its Foodpanda delivery business in Taiwan for US$950 million. The companies have also reached a separate agreement for Uber to buy US$300 million in newly issued ordinary shares of Delivery Hero, according to the statement. aw/dhc/dan

Sony net profit dips on-year but beats estimate
Sony net profit dips on-year but beats estimate
Economy

Sony said Tuesday that annual net profit dipped 3.5 percent on-year but beat its forecast as takings in games and music offset losses in the financial and chip sectors. For the current financial year, Sony forecast net profits of 925 billion yen.

Asian traders bide their time ahead of key US inflation data
Asian traders bide their time ahead of key US inflation data
Economy

Asian investors shifted cautiously Tuesday ahead of the release of key US inflation data that could have a huge bearing on the fate of Federal Reserve interest rate cuts this year. The readings come after forecast-beating figures for the first three months of the year that have seen investors whittle down their expectations for the number of rate cuts -- from six in January to at most two now.

Anthropic AI assistant 'Claude' arrives in Europe
Anthropic AI assistant 'Claude' arrives in Europe
Technology

Anthropic on Monday announced that its artificial intelligence assistant "Claude" is available in Europe after launching in the United States earlier this year. "We’re excited to announce that Claude, Anthropic's trusted AI assistant, is now available for people and businesses across Europe to enhance their productivity and creativity," the San Francisco-based tech startup said in a blog post.

Celebrities face digital backlash over Gaza silence
Celebrities face digital backlash over Gaza silence
Technology

Celebrities who have remained silent on the crisis in Gaza are feeling the wrath of angry fans wielding the "digital guillotine" to block them on social media and streaming platforms. It's uncertain whether the movement is directly responsible for the social media hits seen by some celebrities, or if other trends are at play.

US authorities demolish part of collapsed Baltimore bridge
US authorities demolish part of collapsed Baltimore bridge
Economy

Demolition experts used explosives Monday to remove part of a collapsed bridge in Baltimore and free a cargo ship that has been trapped since it rammed into the structure in March. The port in Maryland's largest city said Monday that the first "RoRo" ship -- designed to carry roll-on, roll-off cargo such as cars and trucks -- had arrived since the collapse on March 26.

UN nears landmark deal on combatting biopiracy
UN nears landmark deal on combatting biopiracy
Economy

The fight against biopiracy -- plundering genetic resources and the traditional knowledge surrounding them -- could soon be based on an international treaty which is being finalised at negotiations that began on Monday.

Melinda Gates to leave Gates Foundation, keeps $12.5bn for her work
Melinda Gates to leave Gates Foundation, keeps $12.5bn for her work
Economy

Philanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world. Bill Gates on Monday thanked his ex-wife for her "critical contributions" to the organization.

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