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CNA Economy Full text
Oct 19 : A Siberian cave already famous for yielding the first remains of an extinct human lineage called the Denisovans, who once roamed widely in Eurasia, has now produced evidence of a previously unknown large Ice Age mammal closely…
CNA Economy Full text
MUMBAI, Oct 19 : Indian billionaire Mukesh Ambani’s Reliance said on Monday that Abu Dhabi Investment Authority, BlackRock and Fidelity were among investors who bid in the anchor book of its record $3.2 billion Jio Platforms IPO, which two…
CNA Economy Full text
(Refiles to correct syntax in the last bullet, spell out "October" in headline and add media packaging code to broaden distribution)Oct 19 : Apple said on Monday it would host a "Pro and tell" event in Los Angeles on October 28, the latest…
CNA Economy Full text
Oct 19 : Netflix said on Monday its film division head Dan Lin would leave after nearly three years at the helm, marking a second senior executive departure in less than a week amid concerns over slowing engagement. The company said on…
CNA Economy Full text
AMSTERDAM, Oct 19 : Dutch retailer Ahold Delhaize reported a cybersecurity incident to Dutch police on Monday after it had detected suspicious activity in its infrastructure, the company said in a statement. It said that its own…
CNA Economy Full text
Erlangen, GERMANY, Oct 19 : AI could help preserve manufacturing jobs in high-wage countries such as Germany by boosting factory automation to as much as 80 per cent, Siemens executive board member Cedrik Neike said on Monday.Speaking at…
CNA Economy Full text
WASHINGTON, Oct 19 : Meta apologized for suspending the Instagram account of the "No Kings" protest movement over the weekend, attributing the shutdown to a sharp increase in activity that looked like automated bot traffic rather than…
CNA Economy Full text
WASHINGTON, Oct 19 : The US Supreme Court declined on Monday to hear a challenge by Alphabet's Google to a US Patent and Trademark Office rule that the company argued has insulated older patents from validity reviews and helped fuel a…
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LONDON, Oct 19 : Britain risks becoming a "high-value AI customer" rather than a country able to shape the technology unless it takes urgent action to build domestic capabilities, the government's top science advisers said on…
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WASHINGTON, Oct 19 : The U.S. Homeland Security Department is ordering the removal of DeepSeek products and third-party services using the Chinese AI model from U.S. civilian agency IT systems, according to a notice published Monday.The…
CNA Economy Full text
LONDON, Oct 19 : Oil prices slipped on Monday as investors booked profits from the multi-month highs hit at the end of last week, with the focus remaining on the potential for the conflicts in the Middle East and Ukraine to alter the…
CNA Economy Full text
China's economic growth in Q3 is an improvement on the more-than-three-year low of 4.3 per cent in the April-to-June period.
CNA Economy Full text
SYDNEY, Oct 19 : Asian share markets slipped on Monday as unease over AI's enormous funding needs undermined confidence ahead of a week packed with earnings, while the euro eased in the wake of rioting across France.A fall in oil prices…
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TOKYO, Oct 19 : Bank of Japan Governor Kazuo Ueda said on Monday underlying inflation is "quite close" to the central bank's 2 per cent target with strong global AI demand adding to inflationary pressure from a tight job market.The remarks…
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Oct 19 : A unit of Japan's Daiichi Life has made an indicative proposal to buy more than 79 per cent of shares in Australian investment manager Challenger it does not already own, Challenger said on Monday.Under the proposal, the Japanese…
CNA Economy Full text
SEOUL, Oct 18 : Samsung Electronics will use TSMC's 3-nanometre process to produce base dies for Nvidia's next-generation custom high-bandwidth memory (HBM) chips, the Seoul Economic Daily reported on Sunday.The move would mark the first…
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Oct 18 : Microsoft has pulled out of a data center deal with British cloud provider Nscale, Britain's Telegraph newspaper reported on Sunday.The US tech giant, one of Nscale's two largest customers, recently terminated its agreement for…
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Cash-strapped countries have been tapping the International Islamic Trade Finance Corp to pay for their imports of petroleum, says David Fickling for Bloomberg Opinion.
CNA Economy Full text
BANGKOK, Oct 17 : Rapidly improving artificial intelligence capabilities will bring far faster change across all fields, Anthropic co-founder Jack Clark said on Saturday, with one of the company's internal models forecasting that under…
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Oct 16 : Anthropic is offering Blackstone a yield of more than 10 per cent to finance its latest chip deal, the Financial Times reported on Friday.Blackstone funds would invest $9 billion in the debt backed by Anthropic's five-year lease…
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Oct 16 : Anthropic has signed a lease with EverWind for data center capacity at Point Tupper, Nova Scotia, marking the Claude maker’s first data center agreement in Canada, a company executive said on Friday.Here are some more details:•…
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Oct 16 : Anthropic representatives have quietly pitched Capitol Hill lawmakers on a draft bill to regulate frontier AI safety and security, Politico reported on Friday, citing three people with knowledge of the efforts.The bill would let…
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Oct 16 : SoftBank Group is considering an acquisition of Allied Universal in a deal that could value the US security services provider at about $18 billion, a source familiar with the matter said on Friday.• Allied Universal provides…
CNA Economy Full text
LONDON/BENGALURU, Oct 16 : Loss-making and deeply indebted US cloud company CoreWeave became an easy target this week for investors concerned about an artificial intelligence bubble. Its selloff, though, has greater significance for…
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