Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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TeraWulf jumps on $19 billion data center lease deal with Anthropic
July 6 : TeraWulf said on Monday it signed a 20-year lease with Anthropic for data center infrastructure, a deal expected to generate about $19 billion in contracted revenue, sending the bitcoin miner’s shares up more than 16 per cent in premarket trading.The deal secures long-term, recurring revenue for Tera
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Djokovic and Osaka eye Wimbledon glory as quarters begin
July 6 : Wimbledon moves into its quarter-finals on Tuesday, with 24-time Grand Slam champion Novak Djokovic taking on third seed Felix Auger-Aliassime, while Naomi Osaka, fresh off a win over world number one Aryna Sabalenka, faces Karolina Muchova.TOP MEN’S MATCH: FELIX AUGER-ALIASSIME V NOVAK DJOKOVIC
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Microsoft joins AI-driven tech layoff wave with 4,800 job cuts
July 6 : Microsoft is cutting about 2.1 per cent of its workforce, or roughly 4,800 jobs, the latest in a wave of tech layoffs as the Windows maker spends heavily on AI infrastructure and uses the technology to improve efficiency across its business.Big Tech’s historic AI outlays, set to top $700 billion this
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US futures rise as oil weighed by supply while earnings loom
SYDNEY/LONDON, July 6 : U.S. futures ticked higher and European stocks traded near record highs on Monday as the potential for increased energy supplies pulled down oil prices, while investors awaited a crucial earnings season for the AI sector.While there were no new developments in the fractious U.S.-Iran p
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Broadcom, Apple extend chip supply deal through 2031
July 6 : Broadcom said on Monday it has agreed to expand its partnership with Apple through 2031 to develop and supply a range of custom chips, sending the shares of the chipmaker up nearly 4 per cent in premarket trading.Broadcom has been a supplying key components to Apple for a very long time, including…
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Hearing for Law Society disciplinary proceedings against Pritam Singh fixed for Aug 13
The matter will be heard before the Court of Three Judges – the highest disciplinary body for lawyers.
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Honeywell spinoff Solstice to buy Element Solutions for $14.5 billion
July 6 : Honeywell spinoff Solstice Advanced Materials said on Monday it will buy Element Solutions at about $14.5 billion, including debt, in a cash-and-stock deal.The deal comes less than a year after Solstice completed its spin-off from industrial conglomerate Honeywell International. The combinatio
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Belgians blast Trump’s intervention with FIFA ahead of World Cup clash
BRUSSELS, July 6 : Belgians on Monday berated FIFA over its decision to suspend a red-card ban for one of the United States’ top players before the two teams’ World Cup clash following a personal intervention by U.S. President Donald Trump.FIFA suspended striker Folarin Balogun’s red-card ban, clearing him to
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Reaction to FIFA suspending Balogun red-card ban after Trump intervention
July 6 : FIFA suspended United States striker Folarin Balogun’s automatic red-card ban on Sunday, clearing him to face Belgium in Monday’s World Cup last-16 clash, after U.S. President Donald Trump called on FIFA President Gianni Infantino to review the decision.Following are quotes and reactions.UEFA
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FIFA have ‘crossed a red line’ in Balogun reprieve: UEFA
LAUSANNE: FIFA “crossed a red line” with the controversial decision to suspend US star Folarin Balogun’s one-game ban for a year, European football’s governing body UEFA said on Monday (Jul 6).
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