OpenAI, the creator of ChatGPT, has reportedly put forward a proposal for the establishment of an international organization to regulate artificial intelligence (AI). Led by CEO Sam Altman, the company believes that AI systems developed wit....

Medtronic, a leading healthcare technology company, has announced plans to expand its R&D center in Hyderabad, India, with a whopping investment of USD 350 million. The existing facility is already the largest center for the company out....

American chemical company DuPont de Nemours Inc. reportedly signed a definitive agreement to buy out Spectrum Plastics Group from AEA Investors, a U.S. based private equity firm. The acquisition will reinforce DuPont’s position in boo....

The Competition & Markets Authority (CMA) of the United Kingdom has reportedly prohibited the acquisition of American video game publisher Activision by Microsoft Corp., Washington headquartered tech giant. CMA published its final re....

The U.S. Department of Commerce has reportedly imposed a USD 300 million penalty on American data storage company, Seagate Technology Holdings plc, for violating export controls. The firm was allegedly exporting hard disk drives to Chinese ....

Detroit-based American multinational automaker, General Motors, has reportedly pulled ahead of fellow American rival, Ford Motor, to establish itself as second-biggest seller of all-electric vehicles in the US during the first quarter of 20....

Hong Kong-based cosmetic giant Sasa has reportedly announced plans to return to Singapore, where it had shut down all its twenty-two shops three years ago. The brand is targeting just a few new stores in 2023 in its homeland. Company offici....

Hyundai Motor Company and Advent Technologies have entered into a joint development agreement, following the assessment of Advent’s Proprietary Membrane Electrode Assembly (MEA) technology. The evaluation was focused on the ability of....

Intellect, a leading mental health platform located in Singapore, has reportedly announced a partnership with IHH Healthcare, which is Asia’s largest private healthcare group. The main objective of the partnership is to introduce and ....

Dyson, a British company renowned for its innovative vacuum cleaners, hair dryers and other products, is reportedly offering a majority of the staff at its Singapore headquarters a one-time payment, in recognition of their exceptional contr....