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BRUSSELS : The European Commission has accepted commitments offered by Microsoft to address competition concerns related to its Teams platform, the EU executive body said on Friday.Under the commitments, Microsoft will make available versions of Office 365 and Microsoft 365 suites without Teams and at a reduced price, among other changes.Nanna-Louise Linde, a Microsoft vice president for European government affairs, said in a statement: “We appreciate the dialogue with the Commission that led to this agreement, and we turn now to implementing these new obligations promptly and fully.”EU regulators opened an investigation after a complaint by Slack Technologies Inc, now…
Ho has been conferred SID’s honorary fellowship during its conference on Friday[SINGAPORE] The top business leaders typically display a self-confidence that is necessary to drive the company forward. But it is imperative that a company’s board of directors manage these egos to prevent a leader from becoming an “emperor”, warned Temasek Trust chairman Ho Ching.If not handled constructively, the ego of a chief executive officer could become overpowering, she added. Ho, who is also the wife of Senior Minister Lee Hsien Loong, was speaking at a fireside chat at the Singapore Institute of Directors’ (SID) directors conference on Friday (Sep 12). “As…
MICROSOFT and OpenAI said on Thursday they have signed a non-binding deal for new terms of their relationship that would allow OpenAI to move forward with its plan to restructure itself into a for-profit company.The two firms did not offer further details on the new commercial arrangements but said they were working to finalise the terms of a definitive agreement.OpenAI said its existing nonprofit entity would control a public benefit corporation through a US$100 billion stake in that corporation and holding authority over its decisions, according to a memo from Bret Taylor, the chairman of OpenAI’s current nonprofit board. REUTERS
The bank is committed to a S$0.24 annual core dividend step-up, even as OCBC and UOB remain on payout ratios pegged to earnings, which could fluctuate[SINGAPORE] There is more room for DBS’ share price to continue rising in the months ahead, given the bank’s strong dividend outlook, analysts said.Market watchers noted that DBS’ capital return plans are the strongest among the three local banks, and that investors appear to remain confident in the bank’s fundamentals.“The bank has outlined its intended step-up in dividends for the next three years,” said Jayden Vantarakis, head of Asean equity research at Macquarie Capital. “In…
After long negotiations, Microsoft and Openaai have agreed on a new or revised partnership. The agreement enables Openai to restructure it into a profit -oriented company and thus end tensions.Breakthrough after difficult negotiationsAfter months of tough negotiations, Microsoft and Openaai have achieved a preliminary agreement on the future of their strategic partnership. The two technology groups signed a non -binding so -called Memorandum of Understanding, which regulates the next phase of their cooperation and that Openaai paves the way to restructuring into a profit -oriented company. The partnership between the two companies began in 2019 with a first investment of…
It will also be the first major automotive tech and commerce startup from Singapore to go public in the US[SINGAPORE] Carro, South-east Asia’s largest used-car online marketplace, is weighing a dual listing and plans to bulk up for it by expanding into Australia and pursuing two to three acquisitions as early as the next quarter, its CEO said.The company was eyeing a US IPO at more than US$3 billion valuation, Reuters reported in August, which would mark the largest South-east Asian listing in the US since SEA’s US$989.3 million debut in 2017, according to LSEG.It would also be the first…
BRUSSELS :The European Commission said on Friday it had accepted commitments offered by Microsoft to address competition concerns related to its Teams platform.EU regulators had preliminarily found during an investigation opened in 2023 that Microsoft had granted Teams an undue competitive advantage and restricted competition in the cloud-based communication and collaboration products due to bundling its productivity applications.Microsoft unbundled Teams from Office in 2023.
WASHINGTON — President Donald Trump’s push to revitalize American manufacturing by luring foreign investment into the U.S. has run smack into one of his other priorities: cracking down on illegal immigration.Hardly a week after immigration authorities raided a sprawling Hyundai battery plant in Georgia, detained more than 300 South Korean workers and showed video of some of them shackled in chains, South Korean President Lee Jae Myung warned that the country’s other companies may be reluctant to take up Trump’s invitation to pour money into the United States.If the U.S. can’t promptly issue visas to the technicians and other skilled…
TL;DR: For two days only, you can get a lifetime license for Visual Studio Pro for only $15. Writing and testing code can be complex enough without the added friction of limited tools or slow environments. Visual Studio Professional 2022 is a comprehensive development platform built to support modern workflows across web, mobile, and desktop projects. It’s also only $14.97 for a lifetime license (normally $499). As Microsoft’s first 64-bit integrated development environment, this version of Visual Studio is optimized for large, complex solutions that demand more memory and better performance. Developers can build responsive user interfaces with Blazor, create cross-platform apps using .NET MAUI,…
KUALA LUMPUR, Malaysia, Sept. 12, 2025 /PRNewswire/ — Cradle Fund Sdn Bhd (Cradle), Malaysia’s focal point agency for early-stage startups under the Ministry of Science, Technology and Innovation (MOSTI), today announced that registration is now open for the Cradle LIVE! Startup ASEAN Summit 2025, scheduled to take place in Kuala Lumpur from 3 to 5 November. REGISTRATION OPENS FOR CRADLE LIVE! STARTUP ASEAN SUMMIT 2025 With the theme “Scaling Startups Beyond Borders,” the summit will gather entrepreneurs, investors, corporate leaders, and policymakers from across ASEAN and beyond, spotlighting high-growth startups in diverse range of technology; Artificial Intelligence, FinTech, HealthTech, and…