OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope will be at the forefront of the artificial intelligence boom. The shares of AMD soared more than 30% after the company behind ChatGPT said it plans…
Plans for the next Legislative Council are being cemented – the nomination process will begin on October 24, with the current term ending on the same day. However, the same can’t be said for the date of Chief Executive John Lee Ka-chiu’s policy address. So far, we’ve only been told it will be moved up…
(Reuters) -A top economist for Goldman Sachs on Wednesday signaled no plans to change how his team conducts and publishes its research after President Donald Trump lashed out at the Wall Street firm and its chief executive because of the research team’s estimate that American consumers would bear the brunt of the costs of Trump’s…
Tesla is awarding Elon Musk around $29 billion in shares as a legal battle looms over a prior multibillion dollar compensation plan for the chief executive. A special committee of the company’s board of directors said the interim pay package would motivate Musk to “stay focused” on Tesla as the electric vehicle maker pivots to…
Lawyers representing 11 Hong Kong opposition figures continued advancing arguments in court in a bid to overturn their convictions for conspiracy to subvert state power, saying they could not be held liable under the national security law for trying to trigger a constitutional mechanism to oust the city leader. Legal counsel on Tuesday argued that…
Italian executive Antonio Filosa has kept his role as head of North America at Stellantis (ETIENNE LAURENT) Antonio Filosa began his tenure as chief executive of US-European auto giant Stellantis on Monday with a leadership shake-up, as he seeks to jump-start performance at the struggling maker of Jeep, Peugeot and Fiat vehicles. The company veteran,…
Top government adviser and veteran lawyer Moses Cheng Mo-chi has been appointed to steer a high-level body established to develop Hong Kong’s status as an international maritime hub. Cheng’s appointment as the board chairman of the Hong Kong Maritime and Port Development Board (HKMPDB) was announced on Friday. The 74-year-old is a senior consultant at…
Gilly Wong Fung-han, chief executive of Hong Kong’s consumer watchdog, is expected to leave her role later this month after nearly 13 years on the job, the Post has learned. A source familiar with the matter said on Saturday an official announcement would be made as soon as May 6. The Consumer Council posted a…
Chief Executive John Lee Ka-chiu has praised the water supply from mainland China for sustaining Hong Kong’s development over the past six decades, while pledging to turn the city into an international infrastructure centre through innovation. Hong Kong’s leader made the remarks on Tuesday to mark the 60th anniversary of the fresh water supply from…
Hong Kong hosted two leading events this past week that simultaneously demonstrated its strong potential for establishing itself as an international sports hub, and shined a spotlight on the work that needs to be done if it hopes to succeed. At one, record crowds thronged the 135-year-old Hong Kong Golf Club to watch Sergio Garcia…