Posts by Liam Redmond
Philippines says grounding planes a ‘distinct possibility’
The country relies heavily on imported crude, much of it sourced from the Middle East Published Wed, Mar 25, 2026 · 09:11 AM [SINGAPORE] The Philippines said that grounding planes due to a shortage of jet fuel brought on by the war in Iran is a “distinct possibility”, according to President Ferdinand Marcos Jr, as…
Read MoreBYD’s ‘God’s Eye’ flaws expose risk of rush into high-tech cars
WHEN Chinese entrepreneur Zhou forked over 1.1 million yuan (S$203,892) in late 2024 for BYD’s crown jewel, the 3.5-tonne Yangwang U8 SUV, he bought what he thought was the pinnacle of Chinese engineering. Among the draws: a sophisticated system that would spot dangers on the road and practically let the car drive itself. The feature,…
Read MoreAs L.A. jury deliberates, another social media lawsuit ends in $375 million verdict
Jurors in New Mexico leapfrogged their California peers Tuesday, handing down a $375 million verdict against Meta for endangering children while a similar lawsuit remains pending in Los Angeles County. The jury in Santa Fe came back with a decision in just hours while the L.A. panel slogged through its eighth day of deliberations over…
Read MoreArm to sell its own chips, eyeing sales goal of US$15 billion
Published Wed, Mar 25, 2026 · 06:09 AM [SAN FRANCISCO] Arm Holdings, which made its name licensing technology to semiconductor makers, will begin selling its own chips for the first time, adding a business that it expects to generate about US$15 billion annually within five years. Meta Platforms will be the first major customer for…
Read MoreEpic Games lays off 1,000 employees, citing dip in ‘Fortnite’ popularity
Epic Games, the developer of the popular video game “Fortnite,” is laying off more than 1,000 employees and cutting $500 million in costs. Chief Executive Tim Sweeney announced the cuts Tuesday morning in a message to employees. He said it has nothing to do with artificial intelligence and instead pointed to what he said was…
Read MoreWalmart delivery by Google company drone may soon be coming to the San Francisco Bay Area
San Francisco Bay Area residents who want food, groceries or other small items sent to their homes will soon have another option: drone delivery. Wing, a California startup owned by Google’s parent company Alphabet, said it is expanding its service to that area in the coming months. The company’s yellow-and-white drones can deliver small packages…
Read MoreFortnite maker Epic Games cuts about 1,000 jobs across company
Published Wed, Mar 25, 2026 · 12:03 AM [NEW YORK] Epic Games is cutting more than 1,000 jobs across the company, amid a downturn in engagement with its Fortnite video game. “We’re spending significantly more than we’re making, and we have to make major cuts to keep the company funded,” the company said in a…
Read MoreAspex demands Delivery Hero CEO exit and audit over 1.5 billion euro legal risk
Shares in the food delivery company have fallen almost 30% in Frankfurt trading this year Published Tue, Mar 24, 2026 · 10:52 PM [FRANKFURT] Delivery Hero’s second largest shareholder is ramping up pressure on the food delivery company by threatening to appoint a special auditor to investigate its legal liabilities. In a letter sent to…
Read MoreNasa to spend US$20 billion on moon base, cancel orbiting lunar station
Published Tue, Mar 24, 2026 · 10:25 PM [WASHINGTON] NASA is cancelling plans to deploy a space station in lunar orbit and will instead use its components to construct a US$20 billion base on the moon’s surface over the next seven years, its new chief Jared Isaacman said on Tuesday (Mar 24). Isaacman, who was…
Read MoreWall St opens lower as Middle East uncertainty tempers rally
Published Tue, Mar 24, 2026 · 09:45 PM [NEW YORK] Wall Street’s main indexes opened lower on Tuesday (Mar 24) as renewed doubts over easing Middle East tensions tempered the previous session’s relief rally despite President Donald Trump’s decision to delay strikes on Iran’s power grid. The Dow Jones Industrial Average fell 108.6 points, or…
Read More‘Perfect storm’: Singapore energy traders, lawyers grapple with Iran war fallout
Quick judgments are needed to cope with extreme price changes and flurry of client requests [SINGAPORE] Singapore’s energy-sector professionals are in crisis management mode, as the Middle East war throws up wild price swings, cargo disruptions and legal conundrums. “We are seeing a perfect storm of disruption across the trading chain,” said Baldev Bhinder, managing…
Read MoreZoox robotaxis to roam in more San Francisco neighborhoods and cover new cities
The Bay Area-based robotaxi company Zoox is trying to get ahead of the competition with a significant expansion in San Francisco and Las Vegas and plans to launch in Austin, Texas, and Miami. Zoox will quadruple its service area in San Francisco starting this spring, expanding rides to the eastern half of the city, including…
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