Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Databricks in talks to raise funds at over $165 billion, The Information reports
June 8 : Data analytics software firm Databricks has discussed raising funds in a round that could begin next month and value it at between $165 billion and $175 billion, The Information reported on Monday, citing sources.Here are a few details: • Databricks, one of the most valuable privately held c
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Asian stocks track Wall Street tech bounce, oil eases on Middle East hope
The gains across most equity markets followed a rebound on Wall Street, fuelled by a race to pick up cheaper assets following a sell-off sparked by bets on a US interest rate hike and warnings over tech firms’ valuations.
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Oil rises slightly as investors await clarity after Iran-Israel halt attacks
June 9 : Oil prices inched up in early trade on Tuesday after Iran and Israel left the door open to a possible resumption of attacks on each other, though they had called a halt to hostilities following an appeal from U.S. President Donald Trump.Brent crude futures rose 13 cents, or 0.14 per cent, to…
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Ticketholders boo Trump as NBA Finals security clogs entry to Madison Square Garden
NEW YORK, June 8 : Irate ticketholders booed U.S. President Donald Trump as they waited in lines more than two blocks long outside Madison Square Garden on Monday, where a strict, airport-style gauntlet of security was in place as the Republican became the first sitting U.S. president to attend the NBA Finals.
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Siri AI, Apple Intelligence, child safety tools: Key takeaways from Apple’s WWDC
Apple unveiled Siri AI, expanded Apple Intelligence and integrated new AI features across its apps. The company also introduced enhanced child safety tools, upgraded photo editing features and expanded Liquid Glass customisation.
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Ahead of SpaceX IPO, Musk says AI satellites will use mostly existing technology
June 8 : SpaceX CEO Elon Musk said on Monday that building orbital AI data centers is not a difficult engineering challenge as the company prepares for its blockbuster IPO this week.The billionaire said that much of the required technology already exists in its current Starlink satellite network.”Part
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Perplexity planning IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
June 8 : AI firm Perplexity is planning to go public in 2028 regardless of how the market receives the listings of Anthropic and OpenAI, CNBC reported on Monday, citing an interview with CEO Aravind Srinivas.”Agnostic of these two companies, we were planning for something in 2028, so that still remains the c
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US says BYD, Baidu, Alibaba and other tech giants are aiding China’s military
WASHINGTON: The US on Monday (Jun 8) added Chinese e-commerce giant Alibaba, internet search provider Baidu and automaker BYD to a list of companies it believes are aiding Beijing’s military, in a move that could inflame tensions between the countries.The long-awaited update supersedes a list from early 2025,
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Somali soccer referee denied US entry, will miss World Cup debut
June 8 : The United States denied entry over the weekend to soccer referee Omar Abdulkadir Artan, who had been expected to be the first Somali to officiate at a World Cup match.A FIFA spokesperson said on Monday that Artan will not be able to train and officiate at the World Cup – which kicks…
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