Telcos, Media & Tech
Amazon’s AI success sends stock racing towards US$3 trillion club
The e-commerce giant has a market value of more than US$2.9 trillion after adding US$438 billion this year
China’s view on Elon Musk? Visionary, occasional villain
Musk said he wants to accomplish “many good things” in China
US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
Alibaba, Tencent, ByteDance are among the approved companies
AI boom puts SK Hynix on the cusp US$1 trillion market value
Samsung became South Korea’s first trillion-dollar company earlier this month
DBS, UOB among lenders arranging Airtrunk’s US$2 billion loan for Malaysia growth
Proceeds will support the firm’s 200-megawatt JHB2 facility located in Johor
Blackstone Digital Infrastructure raises US$1.75 billion in IPO to buy data centres
The listing is the largest ever IPO of a Reit set up as a so-called blind pool
LinkedIn is planning to lay off 5% of staff in latest tech-sector cuts, source says
LinkedIn employs more than 17,500 full-time workers globally
Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge
The restructuring plan is expected to cost the company up to US$1 billion
Meta to launch ‘Incognito Chat’ for private AI conversations on WhatsApp
META Platforms is rolling out a new “Incognito Chat” feature for its artificial intelligence assistant on WhatsApp messaging service, the company said on Wednesday, as it looks to address data privacy...
Valuetronics shares close 13.6% lower after warning of ‘significant’ earnings slide linked to its AI venture
The dip stems primarily from issues with Hong Kong-based Trio AI, in which the company holds a 26.6% stake
