
Hedge Funds: Singapore considers tax cuts to attract wealth
Singapore, the city-state that never sleeps, has a new trick up its sleeve. Tax cuts for investment funds are on the table to keep it competitive.
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Saturday, August 1, 2026
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Singapore, the city-state that never sleeps, has a new trick up its sleeve. Tax cuts for investment funds are on the table to keep it competitive.

Picture a whole town populated solely by artificial intelligences, each with its own life and drama. This isn't science fiction; it's a simulation project for 2026 that promises to be quite a spectacle.

AI guzzles power like a small city, and investors are throwing billions at companies promising to fix it. Tiny problem: the technology usually doesn't exist yet.

There's a moment when employees decide their employer's expansion plans have gone too far — and Seattle's about to have one. This Tuesday, Amazon's own staff members are showing up to the city council to ask for a pause on new data centers, including the ones their company wants to build.
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Picture a handful of Silicon Valley billionaires dumping $27 million into a tiny local election in New York—not to run for office themselves, but just to push their tech agenda. It's happening right now, and the craziest part? They're doing it through AI-funded super PACs.

While everyone's debating how artificial intelligence will transform work, Oracle stopped talking and got to business. In twelve months it fired 21,000 people — roughly the size of a small town — and AI is, well, partly to blame.
Ever wonder how much water Amazon's data centers gulp down to keep your two-day delivery machine running? The company just came clean: 2.5 billion gallons a year—that's about 5% of Seattle's entire annual water consumption. Yeah, you read that right.
When a ride-hailing app manages to go public at the maximum possible price, it's a sign that something big is shifting in how we get around cities. Go Inc., the platform that rewired Tokyo's taxi game, just closed Japan's biggest IPO of 2026 — and investors lined up like it was the last train home.