Homeplus faces deepening survival crisis; union calls for government aid
Homeplus, which is undergoing court-led corporate rehabilitation, is facing a deepening survival crisis amid mounting financial difficulties, including unpaid supplier bills, delayed wages and overdue utility payments, industry officials said Wednesday. The company's prolonged search for a buyer has added to uncertainty over its future, prompting its labor union to urge the government to provide emergency funding to prevent further job losses. The major supermarket chain filed for rehabilitation with the Seoul Bankruptcy Court in March last year following a credit rating downgrade. It subsequently suspended operations at some stores before reopening some of them in mid-August this year, but continues to struggle with weak sales and supply disruptions. According to industry insiders, Homeplus failed to fully settle payments in cash to some fresh food suppliers on Oct. 30. The retailer paid 90 percent of amounts owed for agricultural and seafood products in cash, offsetting the remainder against existing supplier deposits. Payments for meat and deli products were covered entirely by those
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It doesn’t matter how we use AI, we are all in trouble
AI helped me enter a world I once watched from the outside. Now I worry about what happens if that world pulls the ladder up. I am self-taught. My rise in AI technology began through my work building OnTheRice. I use AI to help research, connect information and build systems. It has expanded what I […] The post It doesn’t matter how we use AI, we are all in trouble appeared first on e27.
Apple says there are now more than 100,000 apps optimised for the iPhone Duo
App compatibility was one of the early criticisms of Apple’s foldable phone, but developer support is growing rapidly.
SoftBank and Grab put US$1.85B down on a 5GW AI bet in Malaysia
Grab started life in Malaysia as a taxi-booking app. Fourteen years on, it is heading back to its birthplace with a far heavier load: AI data centres. SoftBank Group and Grab Holdings have signed joint development agreements with Petroleum Sarawak (PETROS), the Sarawak state oil and gas company, to build AI infrastructure across Sarawak and […] The post SoftBank and Grab put US$1.85B down on a 5GW AI bet in Malaysia appeared first on e27.
What happens to the subscription economy when AI agents review every payment?
Subscription businesses have spent the past two decades making revenue more predictable. Instead of selling a product once and persuading the customer to buy again, they persuade the customer to keep paying every month or every year. That creates an important advantage: once the subscription has started, continuing to pay usually requires no decision at […] The post What happens to the subscription economy when AI agents review every payment? appeared first on e27.
A heavily modified Yangwang U9 Xtreme is the first car to exceed 500km/h
At 500km/h, you’ll cover the length of Singapore in under 6 minutes.
Huawei FreeBuds SE 5 Max combines IP-rated resistance with ANC, for just S$58
The Huawei FreeBuds SE 5 Max combines long battery life, support for high-quality audio codecs, and active noise cancellation (ANC) technology for just S$58. Details within.
Nvidia hires former acting US attorney to investigate Jensen Huang
Nvidia announced Tuesday that it has hired a former acting U.S. attorney to investigate its CEO, Jensen Huang, following reports of his alleged intimate relationship with a woman U.S. intelligence officials believe was spying for China. “The independent members of the NVIDIA Board have retained former acting U.S. Attorney of the Southern District of New...
Schumer says Trump support of Nvidia CEO a 'dereliction of duty'
Senate Minority Leader Chuck Schumer (D-N.Y.) slammed President Trump over his association with Nvidia CEO Jensen Huang following reports about the tech leader having an intimate relationship with alleged Chinese spy Alice Huang. “The press reports that Trump was briefed more than a year ago that Nvidia’s CEO was having an affair with a suspected...
The real cost of scams isn’t just money, it’s trust
Written by Shamina Singh, founder and president of the Mastercard Center for Inclusive Growth and the EVP for Sustainability at Mastercard and Ilaria Chan, founding Chairwoman of Tech For Good Institute Filipinos are among Southeast Asia’s savviest scam spotters. But recognizing a scam and being resilient to one are two different things. As more technologies, like
Appeals court limits Trump DOJ's access to journalists’ private chat logs
A federal appeals court's three-judge panel unanimously limited Tuesday the Trump administration's broad access to journalists' LinkedIn records as part of a national security leak investigation, suggesting it could impart a "damaging blow" to First Amendment rights. The ruling, written by Judge J. Harvie Wilkinson, a Reagan appointee, stated the Justice Department's (DOJ) attempt to...
Nintendo Switch Online and eShop now available in the Philippines
Nintendo Singapore Pte. Ltd. today announced that Nintendo eShop and Nintendo Switch Online are now available in the Philippines starting today, November 10, 2026. Nintendo eShop allows players to purchase downloadable games and content, as well as try free demos of selected titles directly on their Nintendo Switch 2 or Nintendo Switch console. With Nintendo
Anthropic seeks valuation of up to $1.4 trillion for IPO
Anthropic is seeking a valuation of up to $1.4 trillion for its blockbuster initial public offering (IPO) expected later this month. In a new filing with the Securities and Exchange Commission (SEC), Anthropic said it is planning to sell 825 million shares between $70 and $78 a share. If the company lists shares at the...
