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SINGAPORE (Oct 7): The word “robot” was coined in a Czech science-fiction novel in 1920. The term was derived from the Czech word “robota”, which means forced labour. In the novel, the robots were a group of artificial people who were initially ha
SINGAPORE (Sept 2): When HSBC Holdings thwarted a US$500 million ($694 million) central-bank heist, sophisticated computer software did not raise the alarm. The funds flowed undetected from Angola’s reserves to a dormant company’s account in London. I
SINGAPORE (Jan 28): In 1942, British economist and social reformer William Beveridge issued an epoch-defining report that established a model for welfare states in the post-war era. He recognised that the old social protection system had broken down and t
SEATTLE/NEW YORK (June 27): When Amazon.com Inc.'s US$13.7 billion ($19 billion) bid to buy Whole Foods was announced, John Mackey, the grocer's chief executive officer, addressed employees, gushing about Amazon's technological innovation.