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Company Briefs

OpenAI in fund-raising talks that could value company at $195.7 billion

CEO of ChatGPT creator OpenAI Sam Altman speaking at a panel discussion at Singapore Management University on June 13, 2023. ST PHOTO: KEVIN LIM occhat13
CEO of ChatGPT creator OpenAI Sam Altman speaking at a panel discussion at Singapore Management University on June 13, 2023. ST PHOTO: KEVIN LIM occhat13

Heineken to close one of its Vietnam breweries due to weak market

the beer market in Vietnam saw a double-digit decline in 2023 and continued mid-single digit decline so far this year
the beer market in Vietnam saw a double-digit decline in 2023 and continued mid-single digit decline so far this year

Company Watch

Rex diversifies business for longer-term growth but banks on oil and gas for short-term value

sarex ST20240424_202425631912 Ong Wee Jin / Tan Sue-Ann /

Interview with John D'Abo, Rex executive vice chairman.
sarex ST20240424_202425631912 Ong Wee Jin / Tan Sue-Ann /

Interview with John D'Abo, Rex executive vice chairman.

L'Occitane's billionaire owner Geiger to take firm private in $2.42b deal

L’Occitane Groupe owned 72.39 per cent of the cosmetics company at March-end.
L’Occitane Groupe owned 72.39 per cent of the cosmetics company at March-end.

PepsiCo to replace Coca-Cola at Subway’s US locations

PepsiCo already provides beverages at Subway shops in several regions outside the US.
PepsiCo already provides beverages at Subway shops in several regions outside the US.

Slack unveils new sales-specific edition at $80 per month

Salesforce bought the messaging app Slack in 2021 for US$27.1 billion (S$36.3 billion), its largest acquisition so far.
Salesforce bought the messaging app Slack in 2021 for US$27.1 billion (S$36.3 billion), its largest acquisition so far.

China’s Alibaba joins global chatbot race

FILE PHOTO: The logo of Alibaba Group is seen lit up at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang/File Photo
FILE PHOTO: The logo of Alibaba Group is seen lit up at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang/File Photo

Company briefs: Microsoft Softbank Group Hybe

Company Briefs : Garuda Indonesia PropertyGuru Pinterest

Company Briefs: Toshiba

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.