Meta Cuts 8,000 Jobs as AI Reorganization Accelerates
Meta Platforms launched a major reorganization on May 20, 2026, cutting roughly 8,000 jobs, about 10% of its workforce, while employees in Singapore were among the first notified. The restructuring reduces headcount while redirecting capacity toward artificial intelligence, making the move both a cost-control measure and an operational reset.
SBI Moves to Buy Majority Stake in Singapore Exchange Coinhako in Asia Expansion
SBI Holdings, through its subsidiary SBI Ventures Asset, is seeking to acquire a majority stake in Singapore-based crypto exchange Coinhako with the intent to make it a consolidated subsidiary, according to multiple reports published in mid-February 2026. The proposed transaction is positioned as a control acquisition, combining new capital with secondary share purchases, and it […]
Singapore Tops 2025 Global Crypto Rankings as RWA Tokenization Surges 63%
Singapore has been ranked the top jurisdiction for crypto adoption in 2025, driven in part by a sharp rise in real-world asset (RWA) tokenization, which climbed 63% year-on-year. The 2025 Global Crypto Rankings report from Bybit and DL Research credits policy clarity and expanding institutional infrastructure for this shift, positioning Singapore ahead of traditional leaders.