Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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German media regulator says Google’s AI Overviews subject to German media law
BERLIN, July 14 : Germany’s media regulator said on Tuesday that Google’s AI Overviews and Perplexity AI are subject to the country’s media laws, stepping up scrutiny of AI-generated content after a German court found Google liable for inaccurate information produced by the feature. The Commission for Licensi
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UK’s BBC warns its current funding model is not sustainable
LONDON, July 14 : The BBC warned its current funding model was not sustainable to fund its public broadcasting mission in its annual report on Tuesday, highlighting the gap between the number of users it has and those who pay for its services.The organisation, which was thrown into crisis last year over accus
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AI startup Reflection signs over $1 billion computing deal with Nebius
July 14 : AI startup Reflection said on Tuesday it has signed a more than $1 billion deal to secure computing capacity from Nebius, including access to Nvidia’s latest chips.The move builds on Reflection’s June agreement with SpaceX for computing capacity, a deal that media reports said would see the startup
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IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI
July 14 : IBM’s preliminary second-quarter revenue forecast came below Wall Street estimate on Tuesday, as customers prioritized spending on AI infrastructure, including servers, storage and memory purchases, sending its shares slumping 17 per cent in premarket trading. The results reflect an industry-wide s
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EU rallies dozens of nations to pledge US$1 billion for Gaza recovery fund
Few places in the Palestinian territory of over 2 million people have been left unscathed, and the United Nations, World Bank and EU estimate that reconstruction will cost US$70 billion.
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EU population to peak in 2029 before long-term decline
BRUSSELS: The population of the 27-nation European Union will peak in 2029 before falling in the coming decades, according to a report published on Tuesday (Jul 14) that puts a spotlight on the major challenges of an ageing citizenry.Today there are 450.6 million people, but researchers say this will peak at
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AI finance startup Flex doubles valuation to about $1.2 billion, source says
July 14 : Flex, an AI startup pitching itself as a one-stop shop for the banking needs of mid-sized business owners, said it raised $70 million in a round led by Halo Fund, a venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney.The company did not disclose its valuation on…
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UK approval for China’s mega embassy in London challenged in court by locals
Local residents argue that officials failed to take into account the risk that the new embassy could curtail protests or be used to monitor and intimidate Chinese dissidents.
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WHO says it has less than half funding needed to fight Ebola
“This outbreak requires resources that match the scale of the challenges that we are facing. And this is not a burden DRC can be allowed to carry alone,” said the head of the WHO’s Health Emergencies Programme.
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