Singapore’s Ministry of Trade and Industry (MTI) has found itself in the spotlight following the emergence of a controversy involving the AI startup DeepSeek. This situation arose after DeepSeek announced that its large language model could outperform the industry giant, OpenAI, while being far more cost-effective to train. Such claims would typically evoke excitement in
Enterprise
In a significant move signaling its ongoing evolution, Google has launched a voluntary buyout program for employees within its Platforms and Devices division. This initiative reflects the company’s strategic redirection towards artificial intelligence and highlights the challenges currently faced by large tech firms as they navigate market pressures, workforce management, and evolving consumer expectations. The
Shares of United Parcel Service (UPS) experienced a significant downturn, dropping over 15% following the company’s announcement of disappointing revenue projections for the upcoming year. The shipping powerhouse revealed plans to drastically reduce its delivery volume for Amazon, its largest yet not most profitable customer, by more than 50% by mid-2026. This strategic shift has
The intertwining of business and politics has become increasingly complex in recent years, particularly for high-profile leaders like Elon Musk. As Tesla navigates the murky waters of public perception, especially in light of Musk’s recent political engagements, the relationship between his political activities and the company’s shareholder value has come into sharp focus. The fourth-quarter
In the tech landscape, few companies are as influential as Google. However, even industry giants are not immune to organizational turmoil. Recent developments within Google have highlighted a growing unrest among its workforce, exemplified by an internal petition titled “job security” that has garnered the support of over 1,250 employees. This grassroots movement reflects deep-rooted
In a significant stride towards integrating artificial intelligence into its core operations, Apple has launched comprehensive updates linked to iOS 18.3, iPadOS 18.3, and macOS Sequoia 15.3. By activating the Apple Intelligence feature by default on supported devices, the tech giant aims to transform how users interact with their devices while also navigating the treacherous
In recent months, political discussions around the safety of U.S. technology have intensified, particularly as concerns mount regarding foreign influence and cybersecurity threats. While the ban on TikTok has captured significant media attention, another pressing issue has emerged involving TP-Link, a leading router brand that is now facing scrutiny for its potential links to Chinese
In an evolving landscape of social media, Meta Platforms Inc. is taking significant steps forward with the introduction of advertising on its Threads microblogging service. Announced in a recent blog post, this initiative marks the company’s first serious attempt to monetize Threads, which was launched in July 2023 as a competitor to X (the platform
Microsoft has announced the resignation of Chris Young, the head of business development, a role he has held for nearly four years. His departure marks a significant change within the company, particularly in a division that has seen heightened activity due to high-stakes acquisitions and partnerships. Although the regulatory filing did not name a successor,
The relationship between Microsoft and OpenAI, which has been predominantly characterized by significant investment and strategic collaboration, is undergoing a notable transformation. Microsoft, presently the largest investor in OpenAI and its primary cloud service provider, is no longer the exclusive handler of computing capacity for the AI startup. This shift was underscored in a recent