Author: Admin

NEW YORK — NEW YORK (AP) — Army veteran Samuel Port couldn’t believe what he was reading in his latest weekly newsletter emailed from the U.S. Department of Veterans Affairs.It blamed Senate Democrats for the federal shutdown, saying they were blocking a stopgap bill to fund the government “due to unrelated policy demands.” It then listed various disruptions to veterans’ resources.In Port’s view, the finger-pointing was inappropriate from a federal agency and lacked the context that Republicans, too, could have taken steps to keep the government funded. He said it wore away any trust he had left in the VA…

The session will feature Sea co-founder Gang Ye, OCBC deputy CEO Tan Teck Long and AWS’ Asean chief Jeff Johnson[SINGAPORE] Attendees of the upcoming Asia Future Summit can expect to be treated to a panel featuring top leaders of a global cloud giant, a tech behemoth and one of South-east Asia’s largest lenders – who will discuss the business opportunities in Asia’s ascent. Moderated by The Business Times deputy news editor Anita Gabriel, the discussion themed “Opportunities and challenges in a volatile era” to be held on Oct 9 will feature Tan Teck Long, OCBC Group’s deputy chief executive; Jeff…

The government has unveiled 14 Regional Tech Booster projects as part of its £1m programme to provide businesses and entrepreneurs with targeted training and expert guidance. In partnership with UK Tech Cluster Group (UKTCG), the £1m aims to deliver local expertise and includes a series of investment events under a National Investment Corridors initiative, through which the government is seeking to put local tech centre stage, boosting investment into the UK’s tech talent from beyond the capital. The first two of these events are taking place in Bristol and Leeds later this year. The Regional Tech Booster programme will…

[JAKARTA] Indonesia said it has suspended TikTok’s registration status as an electronic system provider after it failed to hand over all data relating to the use of its live stream feature, though the social media app was still accessible to users on Friday (Oct 3).Alexander Sabar, an official at Indonesia’s communications and digital ministry, said in a statement some accounts with ties to online gambling activities used TikTok’s live stream feature during recent national protests and monetised it.Protests rocked the world’s third-largest democracy over exorbitant lawmaker allowances and police brutality from late August to September. TikTok temporarily suspended its live…

A new survey of more than 1,400 education leaders across primary, secondary and higher education in the UK and US finds that while AI is already integrated into classrooms and faculty work, development of policies and protections needed to manage new risks in schools is lagging. The study from Keeper Security shows 41 percent of schools have experienced AI-related cyber incidents, including phishing campaigns and misinformation, while nearly 30 percent reported instances of harmful AI content, such as deepfakes created by students. “AI is redefining the future of education, creating extraordinary opportunities for innovation and efficiency,” says Darren Guccione, CEO……

LIMITED OPTIONS FOR RECOURSEWhen CNA visited a Woodlands warehouse run by Style Theory on Thursday, undelivered parcels were observed but no workers were present.Meanwhile, the National Trades Union Congress (NTUC) and the Singapore Industrial and Services Employees’ Union (SISEU) said in a statement that they are ready to support affected members and workers by facilitating job transitions and offering financial aid where necessary.Style Theory is a non-unionised company, but some of its workers are members of the union, SISEU executive secretary Desmond Tan said in the statement on Thursday.“In retrenchment exercises where there are members working in non-unionised companies, NTUC’s…

The rapid building of excess capacity both extends bubbles and ultimately bursts themTHE artificial intelligence (AI) “bubble” looks to be approaching its endgame. The dramatic rise in AI capital expenditure by so-called hyperscalers of the technology and the stock concentration in US equities are classic peak bubble signals. But history shows that a bust triggered by this over-investment may hold the key to the positive long-run potential of AI.AI stocks have exhibited bubble characteristics for a while. Share prices have skyrocketed, driving excessive index concentration. AI companies are doing deals between themselves, helping inflate their valuations. And they are buying…

The first Blue Moon Mark 1 is funded from Blue Origin’s coffers. It is now fully assembled and will soon ship to NASA’s Johnson Space Center in Houston for vacuum chamber testing. Then, it will travel to Florida’s Space Coast for final launch preparations. “We are building a series, not a singular lander, but multiple types and sizes and scales of landers to go to the Moon,” Remias said. The second Mark 1 lander will carry NASA’s VIPER rover to prospect for water ice at the Moon’s south pole in late 2027. Around the same time, Blue will use a…

The currency has rallied some 5% against the US dollar since Trump’s so-called Liberation Day tariff announcement[BANGKOK] On its current trajectory, the Thai baht is expected to record its biggest annual gain in six years against the US dollar, creating a headache for newly appointed Prime Minister Anutin Charnvirakul’s government. The rally has already pushed the baht to a four-year high against the US dollar in September – and at first glance, the surge is puzzling. Thailand’s economy is far from stellar, weighed down by a 19 per cent US tariff, sluggish tourism, high household debt and, ironically, the strength…

Apple will be announcing the fourth-quarter results for 2025 on October 30. Here’s a look back on the major events that influenced Apple’s performance.Apple to hold fourth-quarter earnings call on October 30, 2025September marked the end of Apple’s fourth fiscal quarter. Now that the dust has settled, the company is ready to talk numbers with its investors.The call, which will be held on October 30 at 2:00 pm PT/5:00 pm ET, will feature Apple CEO Tim Cook and Apple CFO Kevan Parekh discussing the quarter’s financial results. There will be a brief Q&A session at the end where analysts can…