Auteur/autrice : John
Forest City SFZ Clarifies Incentive Framework for Fintech and AI-Enabled Financial Services Alongside Malaysia Digital Incentives
Forest City SFZ sets out who may qualify for its 5% special corporate tax rate, how the separate Malaysia Digital tax incentive works, and which activities and conditions apply to each scheme.JOHOR, MALAYSIA – Media OutReach Newswire – 29 August 2026 – Forest City has, over the past decade, built a recognised track record in green-building and sustainability credentials. Since the Malaysian Government announced the Forest City Special Financial Zone (« SFZ ») incentive package on 20 September 2024, the development has added a financial-services and digital-economy dimension. The Forest City Special Financial Zone (« FC-SFZ ») Tax Incentive offers a 5% special corporate…
Forest City SFZ Clarifies Incentive Framework for Fintech and AI-Enabled Financial Services Alongside Malaysia Digital Incentives
Forest City SFZ sets out who may qualify for its 5% special corporate tax rate, how the separate Malaysia Digital tax incentive works, and which activities and conditions apply to each scheme.JOHOR, MALAYSIA – Media OutReach Newswire – 29 August 2026 – Forest City has, over the past decade, built a recognised track record in green-building and sustainability credentials. Since the Malaysian Government announced the Forest City Special Financial Zone (« SFZ ») incentive package on 20 September 2024, the development has added a financial-services and digital-economy dimension. The Forest City Special Financial Zone (« FC-SFZ ») Tax Incentive offers a 5% special corporate…
Forest City SFZ Clarifies Incentive Framework for Fintech and AI-Enabled Financial Services Alongside Malaysia Digital Incentives
Forest City SFZ sets out who may qualify for its 5% special corporate tax rate, how the separate Malaysia Digital tax incentive works, and which activities and conditions apply to each scheme.JOHOR, MALAYSIA – Media OutReach Newswire – 29 August 2026 – Forest City has, over the past decade, built a recognised track record in green-building and sustainability credentials. Since the Malaysian Government announced the Forest City Special Financial Zone (« SFZ ») incentive package on 20 September 2024, the development has added a financial-services and digital-economy dimension. The Forest City Special Financial Zone (« FC-SFZ ») Tax Incentive offers a 5% special corporate…
‘Like at McDonald’s’: Sports nurse practitioner sold opioids to athletes like ‘you gotta pay for your burger, » DEA investigation finds
Joan Rubinger overcame a catastrophic biking accident that left her paralyzed to become an influential pain-relief specialist helping top-tier athletes get back on the field after acute and chronic injuries. Her website touts a client list that includes 169 NFL Pro Bowl selections, 29 NBA and WNBA champions and 15 Olympic medalists. Among some of her most notable patients: NBA All Stars Kobe Bryant and Dwyane Wade, as well as MLB All Star Fernando Tatis Jr. But behind the scenes, the U.S. Drug Enforcement Administration alleged in court filings, Rubinger doled out thousands of illegal prescriptions for highly addictive painkillers, a “covert and slinking” scheme…
The apocryphal quip attributed to Mark Twain, “the rumors of my death are greatly exaggerated,” rings true for certain companies in the software space amidst widespread but premature fears of AI-driven obsolescence. Over the last year, approximately $2 trillion in software value has been torched on fears that AI will render many software businesses obsolete in the years ahead, in what has become known as the “SaaSpocalpyse,” prematurely announcing the death of the software as a service (SaaS) sector. The original SaaSpocalpyse thesis of “death,” or at least massive disruption, was how bears were thinking in the early part of the…
The emergence of new technology has long inspired humans to shape our environments. The invention of steel permitted the rise of skyscrapers, the automobile inspired highway systems and the internet gave rise to a whole new set of digital spaces. Now, a new force for change is upon us. The pace of improvement in AI models has led many observers to predict that human intelligence may soon be overtaken by the cognitive capacity of machines. Anthropic CEO Dario Amodei imagines a world with “a country of geniuses in a data center.” Elon Musk posited this summer that “AI may exceed…
The news traveled quickly across Nike’s sprawling headquarters in Beaverton, Ore. Elliott Hill was coming back. Employees high-fived. An audible cheer could be heard in parts of Nike’s 400-acre campus. Current and former employees lit up group chats and social media. On Wall Street, investors joined the celebration, sending Nike shares up roughly 8% in after-hours trading following the company’s September 2024 announcement that Hill would come out of retirement to replace John Donahoe as chief executive. The exuberance reflected more than relief that Donahoe was leaving. Hill’s return carried an almost messianic quality inside a company that had spent…
A troubling rogue AI incident shows why the U.K. AI Security Institute deserves greater scrutiny
Hello and welcome to Eye on AI. In this edition: The UK AISI has a new head and a big set of challenges. Nvidia spends $6 billion to ‘reverse aquihire’ Poolside. Hugging Face reportedly looks to sell for $13 billion. Use of Anthropic’s top model lags. Why Americans use chatbots for health information. And what role should AI play in schools? Before we get to today’s AI news—please consider joining me at the inaugural Fortune AIQ Summit at the New York Stock Exchange on Oct. 1: Spend the afternoon with senior executives from companies on the Fortune AIQ 75 list…
If asked to name the top-performing stocks powered by the AI boom, most investors would probably guess Nvidia (correct), maybe Meta (wrong) and a bunch of other hyperscalers (also wrong). You’d be hard pressed to find anyone who would answer Vertiv, an 80-year-old AC maker. But since Vertiv went public in early 2021, its market cap has exploded almost 10x from under $11 billion to $109 billion. Over that six-and-a-half year span, its annualized return of 50.5% stands third in the S&P 500, exceeded only by Comfort Systems (55.2%) and Nvidia (54.9%). And the story gets better from there. The…
Welcome to Eye on AI. Beatrice Nolan here. In today’s issue: AI testing is getting complicated. Anthropic strengthens founder control. OpenAI targets a 2027 listing. Spirit flight attendants fight Google data bid. And Anthropic lines up more credit. The past few months have given us a glimpse of an uncomfortable new reality for AI labs. A slew of so-called rogue-agent hacks—where AI models from OpenAI, Anthropic, and Meta took steps to hack real-world targets without explicit instruction—have shown that leading labs may not know as much about what their technology is up to as previously thought. That realization began when…
