Singapore bank DBS in day two of its biggest tech outage in a decade
DBS Group Holdings Ltd (DBSM.SI), Southeast Asia’s largest bank, faced disruption in its online banking services for the second consecutive day on Wednesday, drawing the ire of customers just hours after announcing a fix after the first day of outage.
Nvidia forecasts upbeat revenue on metaverse hopes
Nvidia Corp (NVDA.O) forecast fourth-quarter revenue above analysts’ expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and the metaverse.
Marketmind: Trillion-dollar Tesla
Apple, Amazon, Microsoft, Alphabet… and Tesla. We now have a trillion-dollar EV firm whose 10% surge on Monday lifted Wall Street to new record highs — electric vehicles going mainstream is perhaps encouraging news ahead of the COP26 environment summit.
Google parent Alphabet reaches record quarterly revenue, profit in ad boom
Google parent Alphabet Inc’s (GOOGL.O) quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online.
Austrian activist Schrems’ Facebook complaint referred to EU court
BERLIN, July 20 (Reuters) – Austria’s Supreme Court has questioned the legal basis on which Facebook (FB.O) collects user data and referred key issues for a ruling by Europe’s top court, after awarding symbolic damages to activist Max Schrems in his privacy case against the company. In a 34-page ruling, the Austrian court accepted the request from […]
How Vietnam’s ‘influencer’ army wages information warfare on Facebook
Force 47, as the Vietnamese army’s online information warfare unit is known, consists of thousands of soldiers who, in addition to their normal duties, are tasked with setting up, moderating and posting on pro-state Facebook groups, to correct “wrong views” online.
EXCLUSIVE Facebook rejects talks with Australia publisher, may test online law
Australia’s competition watchdog is looking into a claim that Facebook Inc (FB.O) refused a publisher’s request to negotiate a licensing deal, the regulator told Reuters, setting the stage for the first test of the world’s toughest online content law.
Amazon, Apple most valuable brands but China’s rising – Kantar survey
Amazon (AMZN.O) and Apple (AAPL.O) are the world’s most valuable brands but Chinese brands are rising up the leaders list and are more valuable than Europe’s top brands, according to a global ranking by Kantar’s BrandZ.
Asia shares pare gains on caution, oil falls again
Asia stocks reversed early gains on Tuesday, with traders sidelined ahead of U.S. inflation data and a European monetary policy meeting this week while oil prices lost more ground on worries over the fragile state of the global recovery.
Singapore says will make needed changes to corporate tax once consensus on G7 plan
Singapore, a regional hub for technology firms, will change its tax system as needed once there is a global consensus, its finance minister said on Tuesday, after the world’s rich nations agreed there should be a minimum corporate tax rate of 15%.
