Category: CNA
CNA: Singapore-based international news channel offering a strong Asian perspective on global events.
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Japan electronics retailers Yamada, Edion plan merger to create sector giant, Nikkei Asia reports
June 4 : Japan’s consumer electronics retailers Yamada Holdings and Edion Corp are planning to merge, with combined sales of around 2.5 trillion yen ($15.62 billion), Nikkei Asia reported on Thursday.Both companies are likely to hold board meetings as early as this week to reach a basic agreement on the merge
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SpaceX wins Texas county tax incentives for Terafab chip project despite local opposition
ANDERSON, Texas/NEW YORK, June 3 : SpaceX secured tax incentives on Wednesday for its proposed Terafab chip manufacturing project in Grimes County, Texas, despite fierce opposition from residents who warned the development could strain local resources and transform the rural community.The project is central t
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US agency considers reforming, ending $3 billion school internet subsidy program
June 3 : The U.S. Federal Communications Commission said on Wednesday the agency is considering reforming or ending the roughly $3 billion annual E-Rate subsidy program for schools and libraries.The FCC said the commission wants to ensure E-Rate-funded internet networks and services are being used for educati
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Shnaider takes lessons from Sabalenka’s Paris struggles to reach semis
PARIS, June 3 : Diana Shnaider said she took lessons from Aryna Sabalenka’s struggles in last year’s wind-hit French Open final to engineer her upset of the world number one on Wednesday, adapting smartly to the blustery conditions in their quarter-final.The Russian rallied from a set and a double break d
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British lawmaker sues Musk’s xAI over sexualised Grok images
LONDON, June 3 : British lawmaker Jess Asato is suing Elon Musk’s xAI, saying in a statement on Wednesday the Grok AI platform had been used to create fake sexualised images of her.Grok, distributed through Musk’s social media platform X, is currently subject to regulatory probes in several countries after an
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Automakers, retailers warn US memory-chip shortage is impacting prices
WASHINGTON, June 3 : The increasing need for memory chips to power artificial intelligence data centers could lead to dramatic price hikes in U.S. consumer goods and disrupt supply chains, groups representing automakers, retailers, electronic firms and others said on Wednesday.The groups said in a letter to t
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Tesla rolls out unsupervised robotaxis in Austin
June 3 : Tesla said on Wednesday it was rolling out its unsupervised robotaxis in the Austin Metro area in Texas, as the electric-vehicle maker looks to speed up its autonomous ride-hailing operation.Expanding the robotaxi service and wider adoption of its full self-driving software – a version of which under
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Switzerland’s Embolo awaiting clearance to travel to US after visa submission
(Fixes typo in headline)By Julien PretotPARIS, June 3 : Switzerland forward Breel Embolo is still awaiting clearance to travel to the United States after attending an appointment at the U.S. Embassy in Bern on Wednesday to submit a visa application, the Swiss football federation said.Embolo mis
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OpenAI’s Altman to urge US lawmakers not to require AI model approvals
WASHINGTON, June 3 : OpenAI CEO Sam Altman will advocate against proposals that AI developers obtain U.S. government approval before releasing new models to the public, according to a company statement on Wednesday, as part of a broader effort to shape regulation of the technology.Altman, who is visiting Wash
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SpaceX wins Texas county approval for reinvestment zone tied to Terafab chip facility
ANDERSON, Texas/NEW YORK, June 3 : SpaceX won approval for a reinvestment zone in Texas on Wednesday despite fierce opposition from residents, clearing a key hurdle for a proposed $119 billion Terafab semiconductor manufacturing complex.The project is central to SpaceX’s efforts to expand beyond rockets and s
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