Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Microsoft cloud revenue beats estimates in sign that AI bet is paying off
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.The software and cloud company’s free cash flow also exceeded expectations by about $10 b
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Inter win at Venezia to stay level with Lazio, Milan crash against Bologna
VENEZIA, Italy, Oct 28 : Inter Milan stayed level on points with leaders Lazio at the top of Serie A after a 2-0 win at Venezia on Wednesday, while AC Milan suffered a damaging 4-2 home defeat by Bologna despite leading at halftime.Inter began the night under pressure after Lazio’s 6-2 rout of Sassuolo on…
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Bayern coach Kompany discharged from hospital, says club
MUNICH, Germany, Oct 28 : Bayern Munich coach Vincent Kompany has been discharged from hospital following his collapse in training last week due to a meningeal irritation, board member for sports Max Eberl said on Wednesday.The Belgian coach had been rushed to hospital on Friday after collapsing during a sec
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Putin salutes Musk’s genius as Russia plays catch-up with Starlink
Russian President Vladimir Putin praised Elon Musk as a “real genius”, acknowledging Russia’s early progress in developing its own Starlink-like satellite internet system.
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Polish league bans player for six months over post-red card attack
Oct 28 : The Polish top flight Ekstraklasa league has suspended Radomiak Radom midfielder Ibrahima Camara for six months for unsportsmanlike behaviour after the 27-year-old struck an opposing player having already been sent off.• “During the match, the player committed particularly blatant behaviour violati
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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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