Tag: fast
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Croatia coach Dalic steps down after nine years, Croatian federation says
July 8 : Croatia head coach Zlatko Dalic has stepped down after nine years in charge, the Croatian Football Federation said on Wednesday, less than a week after his side’s exit from the 2026 World Cup following a 2-1 loss to Portugal in the Round of 32.Under Dalic’s tenure, Croatia finished runners-up at the
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HSBC drops ‘overweight’ call on EM equities on AI spending fears
July 8 : HSBC closed its “overweight” stance on emerging markets equities on Wednesday, citing increased volatility in Asia and warning that renewed concerns over weaker AI spending could disproportionately weigh on EM Asian markets.EM Asian equities have remained volatile lately, with major technology stocks
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Palm up over 1%, hitting 2-week high on rival oil, crude oil strength
KUALA LUMPUR, July 8 : Malaysian palm oil futures surged more than 1 per cent on Wednesday, hitting a two-week high, as stronger rival edible oils supported the market and as crude oil prices rose on fresh U.S.-Iran tensions.The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivati
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Apple to spend $30 billion in Broadcom chips deal that will see Colorado factory expand
SAN FRANCISCO, July 8 : Apple plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with Broadcom that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday.Broadcom disclosed on Monday it had secured a long-term supply deal throu
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Crypto firms prepare defenses as quantum threat to encryption draws nearer
NEW YORK, July 8 : The cryptocurrency industry is starting to prepare for the threat of quantum computing as recent advances fuel concerns that the technology could soon be able to crack the cryptography that protects transactions and digital wallets. Quantum computers can solve complex mathematical problems
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Big Tech joins Calgary Stampede oil bash, as Canada courts data centers
CALGARY, July 8 : Big Tech has joined the party at the Calgary Stampede, a sign of growing interest in Canada from U.S.-based hyperscalers as the province of Alberta courts data center development.Oil and gas companies typically take center stage at the annual energy get-together, timed with the city’s famous
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AI chip startup SambaNova valued at $11 billion in $1 billion funding round
July 8 : AI chip startup SambaNova said on Wednesday it has raised $1 billion in a late-stage funding round led by General Atlantic at an $11 billion post-money valuation.The company makes custom chips, hardware systems and cloud services tailored for inference – the process by which models respond to user q
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South Korean AI chip startup Rebellions targets IPO next year
SEOUL, July 8 : South Korean AI chip startup Rebellions aims to list its shares on the Korean market in the first half of next year, followed by a potential listing in the United States, its co-founder and chief executive Park Sunghyun told Reuters on Wednesday.”Our priority right now is Korea market,” he sai
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Apple loses challenges against EU rules to curb Big Tech
BRUSSELS, July 8 : Apple lost its challenge on Wednesday against landmark EU rules that designate its app stores and operating system iOS as gatekeepers subject to obligations aimed at giving rivals more room to compete.The EU Digital Markets Act, which sets out a list of dos and don’ts for Big Tech with the
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Thai beer dynasty mother drops ‘ungrateful child’ case against son
BANGKOK: A mother from one of Thailand’s wealthiest families formally withdrew her “ungrateful child” lawsuit against her son on Wednesday (Jul 8), a Bangkok court said, after he accused his elder brother of sexual abuse.Jeeranuch Bhirombhakdi, a third-generation member of the billionaire family behind Thaila
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