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When firms go low, employees go solo

Workers laid off because of AI are harnessing the technology to start their own companies.

Trump says his team will ‘look into’ US taking stake in AI companies

The Trump administration has been struggling to decide how tightly to regulate AI.

Trump says his team will "look into" US taking stake in AI companies

EU weighs rules to cut reliance on China through broader supply chains

BRUSSELS, June 5 - The European Commission is weighing legislation that could force companies in sensitive sectors to cut reliance on single suppliers - notably in China - and diversify to at least three sources, European Trade Commissioner Maros Sefcovic said on Friday.

Spanish PM Sanchez denies knowing about plot to derail corruption probes into his party

MADRID, June 5 - Spanish Prime Minister Pedro Sanchez on Friday denied knowing about an alleged plot to derail investigations into corruption cases dogging his Socialist Party, saying he was disappointed and outraged by it.

US officials eye government stakes in AI companies, NOTUS reports

Anthropic calls for pause of global AI development

Getting a real pause to work would mean multiple major AI companies in multiple countries - most notably the US and China - all agreeing to stop at the same time, under rules everyone could actually verify, Anthropic said.

AI PCs to make up more than half of sales in 2026, says Asus co-CEO

American AI hardware giant Nvidia this week announced its entry into the consumer PC arena, in collaboration with Asus and other companies.

Meta lashes Australia bid to make tech giants pay for news

In new draft laws, social media companies, including Meta, Google and TikTok will first be given a chance to strike content deals with local news publishers, and if they refuse, will face a compulsory levy that amounts to 2.25 per cent of their Australian revenue.

Man linked to S$3 billion money laundering case admits to filing false tax information to IRAS

Wang Junjie, 43, provided corporate secretarial services for companies where Su Haijin and Su Baolin – both implicated in Singapore's largest money laundering operation – were directors.

Heng Swee Keat named first chancellor of Singapore Institute of Technology

Mr Heng will preside over key SIT ceremonies, including convocations, and represent the university at major institutional and external engagements.

Commentary: The biggest losers from Trump's tariffs? Americans

In addition to raising prices, companies also reined in labour costs to cover the expense of tariffs, says Robert Burgess for Bloomberg Opinion.

Mexico arrests suspected cartel figure tied to killing of Vizsla Silver workers

MEXICO CITY, June 2 - Mexican authorities have arrested an alleged cartel figure tied to the killing of workers at Canadian miner Vizsla Silver early this year, officials said on Tuesday, a case that highlighted security risks facing mine workers and foreign mining companies operating in Mexico.

Iniesta takes first coaching job at second-tier UAE club

New York Times publisher slams AI companies’ ‘brazen theft’ from news outlets

He has accused tech giants of strip-mining news websites without permission or compensation.

Israel says France bans its officials from weapons show

TEL AVIV, June 1 - Israel's defence ministry said on Monday France had banned Israeli government officials from a major weapons show in Paris, and had imposed restrictions on companies from the country exhibiting there.

After the AI binge, companies balk at soaring bills

Prices are rising across the board, and one big reason is AI agents.

Social media companies pay $34 million to settle a US school district’s lawsuit over social media harms, records show

The companies have denied the allegations and say they take extensive steps to keep young users safe.

Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show

Social media companies pay $27 million to settle Kentucky school district’s lawsuit over social media harms, records show