Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Adobe CFO exit fans strategy worries despite outlook raise
June 11 : Adobe on Thursday announced the exit of CFO Dan Durn, adding to concerns about the Photoshop maker’s strategy to navigate the crowded design industry, though the company raised its annual revenue and profit forecasts.Durn’s exit comes only three months after long-time CEO Shantanu Narayen decided to
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US stocks rally, oil prices fall as Trump calls off fresh Iran strikes
Wall Street rose and oil prices fell after US President Donald Trump cancelled planned strikes on Iran and raised hopes of a peace deal.
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Musk’s SpaceX raises $75 billion in largest IPO ever
June 11 : Elon Musk’s SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion.The largest ever IPO cements SpaceX’s status as one of the world’s most valuable companies. Its shares w
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Mexicans celebrate breaking opening day curse with 2-0 win
MEXICO CITY, June 11 : Mexicans celebrated their win against South Africa on Thursday, with an 80,000-full Azteca stadium erupting in a deafening roar as Mexico won the first match of the World Cup, overcoming a curse in which the national team had failed to win on the opening day of the tournament on seven…
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Commentary: As SpaceX, OpenAI and Anthropic plan blockbuster IPOs, will it make them more accountable?
Once publicly listed, the AI labs of SpaceX, Anthropic and Open AI would be subject to public market scrutiny for the first time, says an academic.
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Commentary: US and Iran’s exchange of strikes shows how far diplomacy has changed
The old distinction between war and peace is becoming blurred in the Middle East, say these academics.
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More than selling shoes: What Chinese sportswear giant Li-Ning is buying with Stephen Curry deal
Li-Ning’s reported US$400 million deal isn’t just about selling sports shoes, analysts say – it’s about leveraging one of basketball’s biggest and most influential athletes to raise its global profile.
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Elon Musk’s SpaceX IPO: Is it worth the hype?
SpaceX’s IPO, set to be the largest ever, would also propel Musk to become the world’s first trillionaire.
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Commentary: The real achievement behind 10 years of Project Wolbachia in Singapore’s dengue fight
Science breakthroughs don’t always become public health reality. Here’s how Singapore did it with mosquitoes and dengue, say NTU’s Lim Jue Tao and NEA’s Tan Cheong Huat, Chong Chee-Seng and Ng Lee Ching.
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Reinventing Orchard Road: What will it take to future-proof Singapore’s premier shopping street?
As shopping districts in other countries grow in their appeal, Orchard Road could be left behind unless there is a collective effort to reinvent it, analysts said.
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