Disney boss Bob Iger rushed to the White House with serious fears about artificial intelligence stealing Mickey Mouse and other beloved characters. The entertainment giant worries that AI systems could copy famous Disney stories without permission and use them badly. Iger told government officials that tech companies might create fake content using Disney characters that could damage the brand. The meeting highlights growing panic across Hollywood about AI technology running wild. Disney wants stronger laws to protect its valuable cartoon characters and movie franchises.
Actress Natasha Lyonne also jumped into the fight by gathering 400 signatures from worried Hollywood stars. She wrote a letter to Trump's team warning that AI...
Intel boss Lip-Bu Tan delivered brutal news to workers about the company's dire situation. The chip giant has crashed from its former status as a world leader and doesn't even rank among the top 10 semiconductor companies anymore. Tan admitted Intel dominated the industry 20 to 30 years ago but has completely lost its edge. The company botched its chances in artificial intelligence while competitors seized control of the lucrative market. Intel also struggled with consumer products and its foundry business failed to meet expectations.
The new chief executive plans massive cuts to save the sinking company. Tan believes fewer employees will help Intel move faster and become more competitive again. He accepts that Intel cannot fight back...
Gaming giant Krafton fired three bosses from Unknown Worlds after they walked away from making Subnautica 2. Charlie Cleveland, Max McGuire, and Ted Gill founded the studio but got kicked out when the underwater game got delayed again. The company accused them of abandoning their jobs while a huge $250 million bonus hung in the balance. Krafton bought Unknown Worlds back in 2021 and promised the massive payout if certain targets were met by 2025. The three founders were supposed to get 90 percent of that money.
Krafton claims Cleveland started working on a personal film project instead of finishing the game. The bosses refused to return to their roles as directors even when the company begged them multiple times. Meanwhile Subnautica 2...
A business manager from Penang fell for a get rich quick scheme that cost him nearly 700,000 ringgit. The 70-year-old cargo company boss spotted what looked like a golden opportunity on Facebook back in March. A woman contacted him through WhatsApp and promised he could double his money in just two days. She claimed her company called Industrial Securities International would give him 100 percent returns on anything he invested. The offer seemed incredible but the elderly businessman decided to take the bait.
The victim started sending money to the scammers between June and early July. He made 12 separate payments to five different bank accounts over the course of several weeks. The fraudsters kept asking for more cash and told him he...
Water bosses keep families waiting while they study price hike requests from ten states across Malaysia. The National Water Services Commission has applications sitting on their desks from Penang, Perlis, Kedah, Kelanlan, Terengganu, Selangor, Negeri Sembilan, Melaka, Johor and Pahang. Officials refuse to make quick decisions about raising water bills for millions of people. The commission received all these requests by June 30 but still has not given final answers. They want more time to check every detail before hitting consumers with higher costs.
SPAN officials promise they will protect 27.2 million water users from unfair price jumps. The water watchdog also wants to make sure companies can keep providing decent service to homes...
Malaysia slashed interest rates as Prime Minister Anwar Ibrahim backs the central bank's bold move. Bank Negara Malaysia cut the key rate by 25 basis points down to 2.75 percent yesterday. The Monetary Policy Committee made the decision after studying economic forecasts and inflation data carefully. Anwar called the rate cut smart planning during tough global times. The finance minister praised his team for taking action while other countries struggle with economic problems.
The central bank had kept rates at 2.75 percent back in March 2023 before raising them to three percent just two months later. Malaysian exports face serious challenges but the government fights back with special programs. Small business owners get help through new...
Malaysia's top tech boss slammed giant internet companies for thinking they can ignore government rules. Communications Minister Fahmi Fadzil told world leaders that tech giants must follow every country's laws no matter how big they get. The minister spoke at a major technology summit about keeping people safe online. He warned that companies like Facebook and Google cannot act like they are above the law. Fahmi said governments make rules to protect citizens and tech firms better listen up.
The Malaysian official revealed his country leads efforts to create new social media safety rules for Southeast Asia. Malaysia writes guidelines that help neighboring countries deal with dangerous online content. The minister wants all ten ASEAN...
Russian Foreign Minister Sergei Lavrov flew into Malaysia today for big regional talks. The top diplomat landed at a military base around 8:30 in the morning with his team. Malaysian officials and the Russian ambassador met him at the airport. Lavrov came to join the major ASEAN foreign ministers meeting happening in Kuala Lumpur. The event runs from July 8 to 11 with Malaysia hosting the whole thing.
Turkey and Switzerland sent their foreign ministers as well. Turkish Foreign Minister Hakan Fidan arrived at 2:30 in the morning at the main airport. Swiss Foreign Minister Ignazio Cassis landed just after midnight with his wife. Sri Lanka's foreign affairs chief also showed up early morning with his delegation. All these big names came...
Southeast Asian foreign ministers will sit down with big global players on Thursday for major talks. The diplomatic chiefs plan to meet separately with nine key countries including the United States and China. Australia, Canada, India, New Zealand, Japan, Russia, and South Korea will also get their turn at the table. The marathon sessions kick off at 9 am and promise to cover serious regional issues. These meetings happen alongside the main ASEAN foreign ministers gathering.
Malaysian officials have packed the day with back-to-back diplomatic events. A three-way meeting between Malaysia, Switzerland and the ASEAN office starts at 12:45 pm. The Mekong-Japan cooperation talks will follow right after that session wraps up. Foreign...
