Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Market research firm AlphaSense nearly doubles valuation to $7.5 billion in new funding round
June 3 : Market intelligence platform AlphaSense said on Wednesday it has raised $350 million at a valuation of $7.5 billion, nearly double that of its previous funding round.The round was led by Vitruvian Partners, Accenture Ventures, and J.P. Morgan Asset Management, with new investors including D. E. Shaw
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EU targets Big Tech dependence with ‘made-in-Europe’ drive
BRUSSELS, June 3 : The European Commission proposed new laws on Wednesday to boost domestic cloud, AI and semiconductor industries, aiming to cut reliance on U.S. Big Tech in a move that could ratchet up transatlantic tensions.The Cloud and AI Development Act and Chips Act 2.0 form part of Europe’s push for t
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EU plans energy standards for data centres amid concerns over soaring power use
BRUSSELS, June 3 : The European Union will develop minimum energy-efficiency standards for data centres, it said on Wednesday, as concerns grow over their rapidly rising power use.EU data centre capacity is expected to more than double in the coming years, reaching 28 gigawatts by 2030 from 12 GW last year. T
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Deadly drone strike on Kuwait airport as Iran, US trade fire
KUWAIT CITY: An Iranian drone strike on a passenger terminal in Kuwait’s international airport killed one person and wounded 63 more on Wednesday (Jun 3), Kuwaiti officials said, as conflict escalated between Tehran a
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Commentary: Kimchi can’t save us from microplastics
A study has found that eating kimchi may help to remove nanoplastics from one’s body. But that is not the solution to the world’s microplastics problem, says this Bloomberg Opinion writer.
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Commentary: Trump can’t sell the Abraham Accords to a Middle East that has lost trust in the US
In a region that is undergoing a dramatic strategic reconfiguration, the Abraham Accords are increasingly seen as a US-imposed framework, says an academic.
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Commentary: The value of Shangri-La Dialogue in a world increasingly shaped by hard power
Asian perspectives on security issues will be in the spotlight as defence officials gather in Singapore for the Shangri-La Dialogue, says Kevin Chen from the S Rajaratnam School of International Studies.
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Commentary: What if remote working, not AI, is to blame for weak junior hiring?
New evidence suggests the rise of working from home has made entry-level hires a less attractive proposition, according to this Financial Times writer.
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Commentary: Methanol, pistachios and cement – other Iranian exports choked by the war
Given disruptions in supply chains all over the world, the conflict has shown that Iran’s role in the global economy is not merely centred on oil, says this writer.
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Commentary: AI should spur lawyers to rethink their value to clients
Why engage and pay a lawyer if a chatbot can do the same work in seconds and for a fraction of the cost? Lawyer Mark Yeo weighs in.
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