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Apple acquires AI-based face recognition firm

(Source: www.hardwarezone.com.sg)

Apple acquires AI-based face recognition firm

Apple could be bringing facial recognition technology to the iPhone in the near future. 

According to the Times of Israel, Apple has acquired the Israeli startup RealFace for an estimated US$2 million. 124 more words

Technology

Lifebrandz abandons proposed placement of 167m new shares

(Source: www.businesstimes.com.sg)

LIFEBRANDZ Ltd on Tuesday morning said that the proposed placement of 167 million new ordinary shares has been terminated by mutual agreement of the parties involved. 109 more words

Money Matters

A budget for today - and tomorrow

(Source: www.straitstimes.com)

Against a backdrop of rapid technological change and global uncertainty, Finance Minister Heng Swee Keat delivered a Budget yesterday that addresses Singaporeans’ immediate concerns while laying the groundwork for future growth. 686 more words

Current Affairs

David Einhorn dumped all $143.5 million of his Michael Kors investment

(Source: www.businessinsider.sg)

David Einhorn is done with Michael Kors.

The hedge fund manager’s Greenlight Capital sold off all of its 3.07 million shares of the high-end apparel maker in the fourth quarter according to a 13-F filing with the Securities and Exchange Commission on February 14. 122 more words

Money Matters

Singapore Budget 2017: 3 measures to support families

(Source: www.straitstimes.com)

SINGAPORE – In line with its vision of building a caring and inclusive society, the Government announced more measures to support families during Monday’s Budget speech. 352 more words

Current Affairs

SG Budget 2017: S$400m a year to support persons with disabilities

(Source: www.businesstimes.com.sg)

THE Singapore government expects to spend around S$400 million a year on initiatives supporting persons with disabilities.

In his Singapore Government’s Budget Statement for financial year 2017 in Parliament on Monday, Minister of Finance Heng Swee Keat said the government would spend an additional S$160 million in the next five years as part of its community mental health efforts. 61 more words

Money Matters

SG Budget 2017: S$1.5b top-up for GST Voucher Fund, S$500m boost for Medifund

(Source: www.businesstimes.com.sg)

THE GST Voucher Fund will see a S$1.5 billion top-up to support the increase in U-Save and other future GST Voucher payments, said Finance Minister Heng Swee Keat on Monday. 72 more words

Money Matters