Telcos, Media & Tech
US$14.8 million in prepayments to vendors reason behind Mirxes’ missed 2025 results deadline; independent probe set up
The committee appoints independent professional advisers to review background, details of transactions
DBS, Citigroup to help Blackstone’s AirTrunk list Singapore Reit: sources
Citigroup, DBS and Jefferies will help the Australian company to prepare for the listing
China’s worst tech earnings in three years signal tough comeback
CHINESE technology companies reported their weakest quarterly profit growth in three years, leaving more doubt for investors looking for a recovery in sector stocks.
Chinese chipmakers claim nearly half of local market as Nvidia’s lead shrinks
Beijing pushes domestic chips over foreign tech to cut dependence and bolster local alternatives
SpaceX lines up 21 banks for mega IPO, code-named project Apex
The public offering, expected in June, is estimated to value the rocket company controlled by Elon Musk at US$1.75 trillion
Elon Musk must face class action over late disclosure of Twitter stake, judge rules
The judge said Musk did not overcome the presumption that his alleged misrepresentations affected Twitter’s share price
Huawei posts slower annual revenue growth of 2.2%
The 2025 result marks the company’s second-highest annual revenue
TCL to buy majority stake in Sony’s home entertainment
The Chinese company will pay 75.4 billion yen for a 51% stake in the new joint venture
Microsoft plans US$1 billion investment in Thailand, Thai government says
[BANGKOK] Microsoft plans to invest US$1 billion in Thailand over the next two years in cloud services and AI infrastructure, the Thai government said in a statement.
Australia investigates tech giants over social media ban compliance
Tech companies can face a fine of up to A$49.5 million (S$43.9 million)
