Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Exclusive-Hackers targeted US private equity, other firms including Blackstone, CME, data shows
WASHINGTON, Aug 6 : Ransom-seeking hackers who use phone calls to compromise their victims targeted dozens of prominent U.S. financial institutions and other businesses over the past month, according to Google and internet intelligence data reviewed by Reuters.The data shows the hackers devised websites aimed
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Italy swelters, Hungary and Romania turn off the lights as Europe’s heatwave rages on
Wildfires continued to spread across Europe as officials warned the damage could exceed €15 billion.
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UEFA maintains World Cup boycott threat despite FIFA push to end internal turmoil
Aug 6 : FIFA’s bid to move past the biggest internal crisis of Gianni Infantino’s presidency is unlikely to end scrutiny of how world soccer is governed, with UEFA saying on Thursday that it remained committed to boycotting the World Cup.A day after FIFA’s leadership gathered in Rabat to publicly reaffirm sup
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Nigeria’s plan to tax crypto transactions could undermine adoption, industry says
LAGOS, Aug 6 : Nigeria has introduced stamp duty on certain crypto transactions and withholding taxes that industry players say could undermine adoption of digital assets in one of the world’s most active retail crypto markets.The tax authority released rules for cryptocurrencies, stablecoins, non-fungible to
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US agency ends 39% local TV station ownership cap
WASHINGTON, Aug 6 : The Federal Communications Commission voted on Thursday to rescind the rule that bars local broadcast station owners from reaching more than 39 per cent of the total number of U.S. TV households in a move that could help spark industry consolidation.The FCC voted 2-1 to lift the cap in fav
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FCC chair says robot import restrictions aim to boost US production
WASHINGTON, Aug 6 : Federal Communications Commission Chair Brendan Carr said on Thursday that new restrictions that target imports of new Chinese robots and power inverters are to quickly incentivize U.S. production and address national security risks.The FCC last month barred Chinese imports of new humanoid
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Exclusive-Alkami kicks off sale process after buyer interest, sources say
NEW YORK, Aug 6 : Digital banking software provider Alkami Technology has formally launched a sale process after drawing acquisition interest from potential buyers amid mounting pressure from activist investor Jana Partners, according to people familiar with the matter.The Plano, Texas-based company’s adviser
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Steiner sees huge potential for MotoGP with Liberty Media
LONDON, Aug 6 : MotoGP has immense potential for growth under new owners Liberty Media and can be compared to the Formula One of 20 years ago, KTM Tech3 owner and former Haas F1 team boss Guenther Steiner said on Thursday.Speaking to Reuters ahead of this weekend’s British Grand Prix at Silverstone, an event
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Trump’s tech ties come under bipartisan fire after AI agents go rogue
WASHINGTON, Aug 6 : In a rare show of bipartisanship, Democrats and Donald Trump’s conservative supporters both blame the president’s ties to the tech industry for his administration’s limited response to recent hacks carried out by OpenAI and Anthropic’s AI agents.Two weeks have passed since OpenAI shocked t
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Sandisk, Western Digital weigh on chip sector as high expectations eclipse strong earnings
Aug 6 : Data storage companies tumbled on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an industry that has become one of Wall Street’s hottest bets this year.Shares of Sandisk lost 13.3 per cent to trade at $1,178, while Western Digital shed 19.1 per cent an
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