Latest
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Technology
Japan's SoftBank explores homegrown AI servers with Nvidia, Foxconn, Nikkei reports
May 8 (Reuters) - SoftBank Corp has begun discussions with U.S. chip giant Nvidia
and Taiwanese contract manufacturer Foxconn as it weighs plans to build "made-in-Japan" artificial intelligence servers, the Nikkei newspaper reported on Friday. -
Technology
19 members of the WTO, including US, agree among themselves not to impose duties on e-commerce
GENEVA, May 7 (Reuters) - The U.S. and more than a dozen other countries including Japan, South Korea, Singapore and Australia on Thursday launched their own pact to not impose duties on e-commerce after no agreement was reached to end deadlock with Brazil, a document showed.
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Commodities
Oil prices slip 1% as US weighs Hormuz escorts
Oil prices swung between gains and losses in volatile trading on Thursday, ultimately settling lower after a report said Saudi Arabia and Kuwait lifted restrictions on the United States' use of its airspace and military bases, allowing the US to restart operations to escort commercial ships through the Strait of Hormuz as early as this week.
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Technology
Blue Owl will reduce private credit exposure to software
NEW YORK, May 7 (Reuters) - Blue Owl's biggest publicly traded private credit fund will look to reduce its exposure to software, the fund's chief executive said, as uncertainty about the impact of artificial intelligence on the sector roils valuations.
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Technology
OpenAI unveils three audio models for real-time voice tasks
May 7 (Reuters) - OpenAI introduced three audio models for its developer platform on Thursday, aiming to make voice-based software agents more conversational and capable of completing tasks in real time.
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Technology
Rave files antitrust lawsuit against Apple over removal of video-sharing app
SAN FRANCISCO, May 8 (Reuters) - Software developer Rave on Thursday filed an antitrust lawsuit against Apple, alleging that the iPhone maker kicked Rave's app for shared viewing of video content off the Apple App Store after introducing a competing product called SharePlay.
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Technology
Space analytics firm HawkEye valued at $3.15 billion after NYSE debut
May 7 (Reuters) - HawkEye 360 shares jumped 30% in their New York Stock Exchange debut on Thursday, securing a $3.15 billion valuation and signaling strong investor demand for defense-tech offerings.
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Markets
S&P 500 ends down as chip stocks give up gains
The S&P 500 ended lower on Thursday, with Intel and other chip stocks retreating after a recent rally, while uncertainty around US-Iran peace talks weighed on the wider market.
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Nation
‘Make Tamil compulsory in school’
A PROMINENT Indian leader in Johor has called for the Tamil language and literature subjects to be made compulsory at secondary school level, Makkal Osai reported.
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Nation
Rental discount among measures to buoy traders, MSMEs
KUALA LUMPUR: A rental discount, payment moratorium and utility cost assistance will be implemented by Uda Holdings Bhd to help traders and micro, small and medium enterprises (MSME) affected by the global supply crisis.
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Nation
Family of Masjid India sinkhole victim receives her death cert
KLANG: The family of the Indian national who perished in the 2024 Jalan Masjid India sinkhole tragedy has officially received her death certificate, enabling their legal team to begin the process of claiming compensation from the authorities.
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Nation
‘Option to Purchase’ planned to rescue housing projects
KUALA LUMPUR: With many sick and abandoned housing projects causing problems to buyers, the government is studying a key policy shift – and introduce an "Option to Purchase" (OTP) clause in the law.
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Nation
Malaysia to boost clinical research ecosystem
KUALA LUMPUR: Malaysia aims to be a trusted global contributor in clinical research, says the Health Minister.
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Nation
Four men charged with murdering elderly man
TELUK INTAN: Four men were charged in the Magistrate's Court with the murder of an elderly man using a machete.
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Nation
Penang man denies 14 charges following 20km police chase
GEORGE TOWN: A coffee shop assistant who allegedly damaged 12 vehicles during a 20km police chase pleaded not guilty to 14 charges in two Magistrates' Courts here.
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Nation
Conditional Umno support for MB
KUALA LUMPUR: Umno will continue supporting the Negri Sembilan unity government, but will not back Mentri Besar Datuk Seri Aminuddin Harun if he continues to interfere in matters involving the state's customary institutions, says Datuk Seri Dr Ahmad Zahid Hamidi.
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Nation
Bar’s judicial challenge of Zahid’s DNAA to proceed
PUTRAJAYA: The Malaysian Bar's judicial review challenging the Attorney General's (AG) decision to discontinue the prosecution of Datuk Seri Dr Ahmad Zahid Hamidi in the Yayasan Akalbudi graft case will proceed to a full hearing at the High Court.
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Nation
Contraband worth RM3.7mil seized
BUTTERWORTH: Nearly RM4mil worth of contraband cigarettes and alcoholic beverages meant for the black market were seized in two separate operations in Penang.
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Nation
King arrives in Moscow
MOSCOW: His Majesty Sultan Ibrahim, King of Malaysia, has arrived in Moscow at the special invitation of the Russian government as a guest of honour for the Victory Day celebrations.
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Sabah & Sarawak
Drug syndicates in Tawau and Miri busted, kingpin among four nabbed
TAWAU: A syndicate's modus operandi using second-hand vehicles to conceal their drugs was busted by a Bukit Aman anti-narcotics team following separate raids in Tawau.
