Tag: fast
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Apple cuts iPhone 18 Pro orders due to soft demand: Report
Apple has told some suppliers to cut production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, as soaring memory chip costs and price increases have dampened consumer demand, Nikkei Asia reported on Friday (Oct 9).The iPhone maker has turned more conservative on shipments since
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Firmus $5 billion float failure deals blow to Australia’s shrinking share market
SYDNEY, Oct 9 : The collapse of Nvidia-backed data centre operator Firmus’ $5 billion IPO is a blow to Australia’s capital markets which are already facing a shrinking pool of listed entities, investors said.Australia’s benchmark share index is heavily skewed to the Big Four banks and huge mining companies, s
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Norse Atlantic lands lease deal with Pakistan’s PIA
Oct 9 : Norse Atlantic Airways will lease two Boeing 787-9 Dreamliners to Pakistan International Airlines (PIA), it said on Friday, in the latest move by the struggling Norwegian airline to shore up its finances.The agreement helps Norse retain a key ACMI (aircraft, crew, maintenance and insurance) contract
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Peninsular Malaysia power use seen up 4.9% in 2027 on data centre growth
KUALA LUMPUR, Oct 9 : State-run utility firm Tenaga Nasional Berhad expects electricity consumption in Peninsular Malaysia to reach 148.66 terawatt hours in 2027, as rapid data centre expansion drives up power demand, a government report said on Friday.• This would represent average annual growth of abou
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Paramount to develop Cyberpunk 2077 film, lifting CD Projekt RED’s shares
Oct 9 : Paramount Pictures is developing a live-action film set in the universe of CD Projekt RED’s video game “Cyberpunk 2077” alongside producer Lorenzo di Bonaventura, entertainment outlet Deadline reported on Thursday, which sent the Polish game developer’s shares 3 per cent higher in early Friday trading.
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Russia’s Yandex says second data centre hit by drone attack
Oct 9 : Russian technology and AI company Yandex said on Friday that several modules at its data centre in Russia’s Kaluga region had been completely disabled by a drone attack, the second in two days.Some of the company’s services may be disrupted, Yandex said, adding that no one was injured in the attack so
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SK Chairman Chey says chip demand to keep growing fast
SEOUL, Oct 9 : SK Chairman Chey Tae-won said on Friday during a visit to the site of a new semiconductor hub for SK Hynix in South Korea that demand for chips is expected to keep growing at a fast pace.
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Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
Oct 9 : Apple has told some of its suppliers to cut production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, Nikkei Asia reported on Friday.
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OpenAI says it has fired three researchers for violating sensitive information policy
Oct 9 : OpenAI fired three of its researchers last week after an investigation found they violated policies on handling sensitive information, the AI major said in post on X on Friday.
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SoftBank seeks up to $100 billion from Gulf investors for AI push, FT reports
Oct 9 : SoftBank Group CEO Masayoshi Son is seeking to raise up to $100 billion from Gulf investors to fund a new wave of AI investments, the Financial Times reported on Friday, citing people familiar with the matter.Son has held discussions in recent weeks with senior figures, including in the United Arab E
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