Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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UK comedian Brand tells rape trial ‘consent is fundamental’
Russell Brand pleaded not guilty to seven sexual offence charges and told the court that consent is “fundamental” to sexual relations as he gave evidence in his rape trial.
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T-Mobile raises annual free cash flow forecast as premium plans gain traction
Oct 28 : T-Mobile raised the lower end of its annual adjusted free cash flow forecast on Wednesday, after strong customer growth helped the wireless carrier beat quarterly revenue estimates. The company gained 274,000 postpaid net accounts in the third quarter, higher than the 251,917 additions expected by
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Alphabet’s heavy cloud spending drives bigger-than-expected cash burn
Oct 28 : Alphabet reported a higher cash burn on Wednesday than analysts expected as it spends heavily to boost capacity for its cloud business, sending its shares down more than 6 per cent in extended trading.The company reported negative free cash flow of $9.07 billion, compared with analysts’ estimate of a
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Microsoft beats quarterly cloud revenue estimates
Oct 28 : Microsoft surpassed expectations for quarterly cloud revenue on Wednesday, signaling that its hefty AI investments were paying off at a time Wall Street grows increasingly wary of Big Tech’s debt-fueled spending.Revenue at Microsoft’s Azure cloud computing business grew 48 per cent to $33.17 billion
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Gen Digital raises annual revenue forecast on strong cybersecurity demand
Oct 28 : Gen Digital raised its annual revenue forecast on Wednesday, signaling sustained demand for its cybersecurity offerings as consumers seek protection from increasingly sophisticated online threats.Shares of the company rose about 7 per cent in extended trading.Here are more details:• G
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Cloud security startup Upwind raises $400 million, valued at $3.8 billion
Oct 28 : Cloud security startup Upwind on Wednesday said it raised $400 million in a funding round led by Bessemer Venture Partners, valuing it at $3.8 billion.Here are some more details:• The startup was valued at about $900 million in a December 2024 raise of $100 million; its $250 million Series B
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Espanyol appoint former Barcelona assistant Sarabia as new manager
Oct 28 : Former Barcelona assistant Eder Sarabia has been appointed as Espanyol manager until June 2028, the club said in a statement on Wednesday.• Sarabia replaces Manolo Gonzalez, who was sacked on Tuesday after a 4-3 Copa del Rey loss to fourth-tier Sestao.• The 46-year-old was most recently i
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Oracle eases AI spending worries with plan to turn cash flow positive
Oct 28 : Oracle said it expects capital spending to peak this fiscal year and next as it builds more cloud capacity, but pledged to raise no more than $20 billion in additional financing through fiscal 2030.The pledge is meant to reassure investors worried that Larry Ellison’s company will need ever-larger s
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Meta delays indefinitely its rollout of new commercial terms after publishers’ concerns
BRUSSELS, Oct 28 : Meta announced on Wednesday that it was indefinitely delaying the rollout of its new commercial terms following concerns from publishers and digital advertisers, in a move that could stave off potential regulatory action.EU and UK antitrust authorities have received complaints about the new
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Former Lucasfilm head Kathleen Kennedy to produce 2028 Olympics ceremonies
LOS ANGELES, Oct 28 : Kathleen Kennedy, a veteran Hollywood producer and the former president of “Star Wars” film studio Lucasfilm, will lead production of the opening and closing ceremonies for the 2028 Olympics and Paralympics in Los Angeles, organizers said on Wednesday.Kennedy was named head of ceremonies
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