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A CREDIT Suisse unit on Monday pleaded guilty to US charges of helping ultra-wealthy Americans evade taxes and will pay a fine of more than US$510 million, the US Department of Justice (DOJ) said on Monday (May 5).Credit Suisse Services pleaded guilty and was sentenced for conspiring to hide more than US$4 billion from the US Internal Revenue Service in at least 475 offshore accounts, the department said.The guilty plea stems from the Swiss bank maintaining accounts in Singapore on behalf of US taxpayers who were using offshore accounts to evade US taxes and reporting requirements, according to the release.“Among…

eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More. Image: Facebook Mark Zuckerberg is back in the spotlight after a new interview where he spoke about AI, its effect on social media thus far, and its potential to spark a massive shift in the future of online advertising. Meta, one of the top AI companies today, has been experimenting with AI on Facebook for several years. In late 2023, Meta introduced several new features for its advertisers — including the ability to create backgrounds, adjust images, and…

The countdown is on to the 109th Running of the Indianapolis 500. The big event takes place on FOX on May 25, and motorsports fans are diving into the betting action.Last year’s second-place finisher, Pato O’Ward, was at the top of the oddsboard at the beginning of February at 6/1. But now, Alex Palou is in that spot, moving to 4/1 from 10/1 over the last three months. Palou started the year off in dominant fashion, winning the first two races of the 2025 season and then getting his third win of the year at Barber.The reigning Indy 500 champion is…

Workers at a wet market count and return New Taiwan Dollar notes to customers, as Taiwan is expected to show positive GDP and economic growth, amid the covid-19 pandemic, in Taipei, Taiwan, 15 Aug 2021. Ceng Shou Yi | NurPhoto | Getty ImagesTaiwanese dollar pulled back Tuesday after a historic surge that saw it clock multi-decade gains amid speculation about pressure from Washington on strengthening the local currency.It weakened over 3% against the U.S. dollar on Tuesday, after a meteoric 9% rally over the previous two trading days to hit three-year highs, and logging its sharpest daily gains Monday since…

SINGAPORE’S largest mall, VivoCity, with over a million square feet of lettable area, is much loved by shoppers. However, the mall’s owner – Mapletree Pan Asia Commercial Trust (MPACT) – receives little affection from investors.In terms of trading price relative to book value, MPACT is performing the worst among the seven real estate investment trusts (Reits) that are members of the benchmark Straits Times Index (STI).As at May 6, MPACT, which owns properties owned primarily for office and/or retail purposes, traded at a 32 per cent discount to its end-March 2025 net asset value (NAV) per unit of S$1.78. In contrast,…

Finding good laptops can feel overwhelming, especially with so many options to choose from. Whether you need a lightweight machine for work, a business laptop for productivity, or something with plenty of storage for all of your projects, there are plenty of options. Modern laptops are more powerful and efficient than ever, offering a mix of portability, performance, and features tailored to different needs. From sleek ultrabooks to gaming beasts and budget-friendly options, there’s no shortage of great choices.Out of all of the notebooks we’ve tested and reviewed recently, we consider Apple’s 13-inch MacBook Air M4 to be the best…

Sam Panayotovich FOX Sports Betting Analyst For many American sports bettors, The Masters is the first real dip in the golf pool every calendar year. Sure, bettors might have followed the sport from afar, but with football season and the NCAA Tournament over, it’s time to fire.It’s also the first tournament where all the big names from the PGA Tour and LIV Golf play together, which does wonders for interest at the window.As I’ve always said, the biggest sporting events serve as a magnet for betting handle because of all the options on the menu. A historic event like The Masters…

Published Tue, May 6, 2025 · 05:27 PM[ROME] Italian luxury sports carmaker Lamborghini reported on Tuesday a 29.6 per cent jump in revenue to 895.2 million euros (S$1.3 billion), driven by strong global demand for its new hybrid models, the Revuelto and Urus SE, despite the complex global scenario.Lamborghini, part of Germany’s Volkswagen group, also made an operating profit (Ebit) of 248.1 million euros, up 32.8 per cent from the same period in 2024.The carmaker delivered 2,967 cars in the first quarter of 2025, with the Americas showing a 21 per cent increase, and Europe, Middle East, and Africa (EMEA)…

We’re sure that a few Pixel owners have been hoping for a DeX-like feature from Google for some time. Samsung gave users a true desktop mode many years ago, and honestly, it’s somewhat surprising it has taken Google this long to nail it down. However, I was happy to learn late last week that Google appears to be nearing completion of this feature for Pixel phones. Detailed by Android Authority, hidden within the complexity of the Developer Options settings menu, a new desktop mode for Pixels was able to be activated. Still in stages of development, the mode doesn’t appear…

Laken Litman College Football & Soccer Analyst Editor’s Note: USWNT Footnotes takes you inside the major talking points around the U.S. women’s national team, the NWSL, European leagues, and all across American women’s soccer.The biggest news from the weekend was in regard to Trinity Rodman’s decision to step away from the Washington Spirit to address ongoing back issues. The star forward has been dealing with back spasms for years, and last September had to be taken off the field in a wheelchair during a Washington Spirit match vs. the Kansas City Current. In March, Rodman told reporters that she didn’t think…