Posts by Liam Redmond
Commentary: The Pentagon is demanding to use Claude AI as it pleases. Claude told me that’s ‘dangerous’
Recently, I asked Claude, an artificial-intelligence thingy at the center of a standoff with the Pentagon, if it could be dangerous in the wrong hands. Say, for example, hands that wanted to put a tight net of surveillance around every American citizen, monitoring our lives in real time to ensure our compliance with government. “Yes.…
Read MoreBlock to cut more than 4,000 jobs amid AI disruption of the workplace
Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as artificial intelligence disrupts the way people work. The Oakland parent company of payment services Square and Cash App saw its stock surge by more than 23% in after-hours trading after making the layoff announcement. Jack Dorsey,…
Read MoreSmartphone market set for biggest-ever decline in 2026 on memory price surge: IDC
Published Fri, Feb 27, 2026 · 06:29 AM [BENGALURU] The global smartphone market is poised to suffer its biggest decline ever in 2026, sinking to a more than decade low in shipments, as surging memory chip prices drive up device costs, the International Data Corporation (IDC) said on Thursday (Feb 26) Smartphone shipments are expected…
Read MoreEuropean shares retreat from record high, upbeat corporate earnings offset tech declines
Published Fri, Feb 27, 2026 · 05:48 AM [BENGALURU] Europe’s benchmark index retreated from a record high on Thursday (Feb 26), as healthcare and technology shares weighed, while upbeat corporate earnings from the likes of Schneider and Indra limited the overall declines. The pan-European Stoxx 600 index closed 0.1 per cent lower after hitting an…
Read MoreInstagram to alert parents if their teens search for suicide or self harm terms
Instagram, a social media platform popular among young people, said Thursday it will alert parents if their teens repeatedly search for suicide or self harm-related terms. “Our goal is to empower parents to step in if their teen’s searches suggest they may need support,” the company said in a blog post. Parents will receive a…
Read MoreSamudera Shipping’s H2 2025 profit down 30.2% at US$34.9 million; special dividend proposed
The decline in profit in the second half is attributed to the cost of services outpacing revenue growth [SINGAPORE] Samudera Shipping posted a 30.2 per cent drop in net profit to US$34.9 million for H2 FY2025, from US$50 million in the year before. This came despite its revenue rising 3.6 per cent to US$320.2 million,…
Read MoreS&P 500 opens subdued as Nvidia’s strong results draw muted reaction
Published Thu, Feb 26, 2026 · 10:42 PM [NEW YORK] The S&P 500 and the Nasdaq were muted at the open on Thursday (Feb 26), as Nvidia’s stellar earnings garnered a tepid reception, while broader technology stocks lost ground as investors assessed risks to the AI trade. The Dow Jones Industrial Average rose 62.4 points,…
Read MoreCenturion Corporation H2 profit drops 82% to S$40.9 million on lower fair-value gains
[SINGAPORE] Centurion Corporation on Thursday (Feb 26) posted a 82 per cent drop in net profit to S$40.9 million for its second half ended Dec 31, 2025, from S$226.6 million in the previous corresponding period. For the full year ended Dec 31, 2025, net profit was down 67 per cent to S$114.8 million. The decrease…
Read MoreOutside group spends $4.8 million on TV ads backing San Jose Mayor Matt Mahan for governor
An independent expenditure committee backed by Silicon Valley executives spent $4.8 million on television ads supporting San Jose Mayor Matt Mahan’s gubernatorial bid that will begin airing Thursday. The two 30-second ads highlight the Democrat’s life story — being raised in a working-class family and working on a grounds crew and as a middle school…
Read MoreTencent said to be in talks for stake in ‘Block Blast!’ gaming studio
Published Thu, Feb 26, 2026 · 09:43 PM [SHENZHEN] Tencent Holdings is in talks to acquire a small stake in Hungry Studio, a gaming developer behind popular title Block Blast!, according to people familiar with the situation. An investment could materialise soon following months of discussions, the people said, asking not to be identified because…
Read MoreUltraGreen.ai earnings rise 35% to US$75.6 million for FY2025
[SINGAPORE] UltraGreen.ai on Thursday (Feb 26) posted a 36 per cent increase in net profit to US$75.6 million for the 2025 financial year, from US$56 million the year before. Its revenue was up 24 per cent on the year at US$142.4 million, from US$114.7 million. The fluorescence-guided surgery and digital health platform said the growth…
Read MoreMicrosoft’s Japan chief stresses compliance with antitrust probe
Japan is looking at possible anti-competitive practices involving the Azure cloud services Published Thu, Feb 26, 2026 · 09:23 PM [TOKYO] Microsoft Corp is compliant with Japan’s antitrust watchdog and its inquiry, the chief of its local unit said, as the company fields an investigation over possible anti-competitive practices involving the Azure cloud services. The…
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