Posts by Liam Redmond
Commentary: Wipe out a ‘civilization’? Minor stuff compared with what just happened in AI
While many of us were worried in recent days about our president ending a “whole civilization,” one Silicon Valley tech company was warning, without much notice, it might accidentally disrupt all civilization as we know it. The San Francisco technology company Anthrophic announced Tuesday that it wasn’t releasing a new version of its Claude AI…
Read MorePolice union pulls support for city attorney after leak of thousands of LAPD files
The disciplinary files of Los Angeles police officers are closely guarded secrets, protected by some of the nation’s strictest confidentiality laws. But now, many of those secret files have been splashed across the internet, along with tens of thousands of other sensitive records from the L.A. city attorney’s office. The extent of the data breach…
Read MoreMeta, Oracle and Qualcomm share details on layoffs across California
Tech behemoths, including Oracle and Meta Platforms, are laying off hundreds of California workers as they invest heavily in artificial intelligence. Some of the top companies in tech that already had announced big plans to lay off thousands have revealed more details about where they are cutting in recent government filings. Software giant Oracle has…
Read MoreESR secures US$850 million from existing shareholders to fund Asia growth
Published Thu, Apr 9, 2026 · 12:22 PM [SINGAPORE] Asia-Pacific-focused asset owner and manager ESR said on Thursday (Apr 9) that it has secured US$850 million in fresh equity from existing shareholders to fund growth in its logistics real estate and data centre businesses. The Singapore-based group said that the new capital would strengthen its…
Read MoreDBS initiates ‘buy’ on Yangzijiang Maritime, citing investments, shipbuilding opportunities
The brokerage’s target price of S$0.88 represents a 63% upside from the group’s closing price on Apr 7 [SINGAPORE] DBS Group Research initiated a “buy” on maritime investment company Yangzijiang Maritime on Wednesday (Apr 8), given the group’s partnerships in the maritime ecosystem and accelerated capital deployment into new maritime investments. Analyst Ho Pei Hwa…
Read MoreAI boom catapults San Francisco median home price above $2 million
The artificial intelligence boom has driven up San Francisco’s median home sales price to a record $2.15 million. Real estate brokerage firm Compass said that recent transactions showed that some parts of the tech capital have emerged from its doom loop on the back of the surge in AI investment and hiring. “The economic changes…
Read MoreRevolut to open Paris office as lender seeks to expand in Europe
The company has signed a 10-year lease for space in the historic Bourse business district Published Wed, Apr 8, 2026 · 05:16 PM [PARIS] Revolut will soon open its Western European headquarters in Paris, as the UK fintech firm, last valued at US$75 billion, looks to fuel its growth by expanding in the continent. The…
Read MoreAsian airlines maintain AI investments despite budget cuts due to Iran war oil shock
Carriers such as Scoot, Thai Airways see digital infrastructure and AI as existential needs [SINGAPORE] Asian airlines are slashing capital expenditures to hoard cash during the worst oil shock in decades, but investments in artificial intelligence and data infrastructure are being spared the knife. Such initiatives are being protected from sweeping budget cuts, with tech…
Read More‘Cash is king’: Asian airlines hoard liquidity to survive worst oil shock since 1980s
Carriers are reducing non-essential capital and operational expenditures to maintain liquidity [SINGAPORE] Asian airlines are shifting their focus from capacity growth to liquidity preservation as an infrastructure-led oil shock weighs heavily on industry margins, according to Thai Airways chief executive Chai Eamsiri. Carriers are now in survival mode after the destruction of Middle East oil…
Read MoreWhat does the transfer of Singtel discounted shares mean for investors; should they sell or hold?
BT looks into what analysts have to say on its market impact, and how investors may respond [SINGAPORE] Singtel and the Central Provident Fund (CPF) Board have launched an exercise to migrate all Singtel Special Discounted Shares (SDS) from the board’s custody directly into investors’ personal Central Depository (CDP) accounts. The details of the exercise…
Read MoreWhat does the transfer of Singtel discounted shares mean for investors; should they sell or hold?
BT looks into what analysts have to say on its market impact, and how investors may respond [SINGAPORE] Singtel and the Central Provident Fund (CPF) Board have launched an exercise to migrate all Singtel Special Discounted Shares (SDS) from the board’s custody directly into investors’ personal Central Depository (CDP) accounts. The details of the exercise…
Read MoreGrab announces a slew of new products; doubles down on AI
[SINGAPORE] Grab launched a slew of new products powered by artificial intelligence (AI) at its annual product showcase, GrabX 2026, on Wednesday (Apr 8). The products launched are focused around consumers, travel and merchants. On the merchant front, the super app platform is launching a Virtual Store Manager, which allows merchants to integrate AI into…
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