Telcos, Media & Tech
GDS-backed DayOne to pick banks for US$5 billion US IPO, sources say
Bank of America and Citigroup are working on the deal, they add
CBS News considering new round of layoffs, could cut at least 15% of staff, Variety says
[WASHINGTON] CBS News is considering a new round of layoffs that could see cuts totaling at least 15 per cent of the current staff, Variety reported on Thursday (Feb 12), citing three people familiar ...
Anthropic clinches US$380 billion valuation after US$30 billion funding round
The company, unlike others, has welcomed AI regulation
RHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating
StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop
Pinterest forecasts downbeat revenue as it battles for digital ad dollars; shares plunge
The company cut about 15 per cent of its workforce last month
IBM plans to triple entry-level hiring in the US
The company’s decision comes as questions mount about whether AI will wipe out opportunities for new graduates
Apple’s iPhone only smartphone to see sales growth in China this January
Every major Chinese mobile maker sees steep declines in a market that is down 23% overall
Samsung ships latest HBM4 chips to catch-up in AI race
The global rush to build AI data centres has fuelled demand for such chips
GIC weighs selling stake in European data centre JV for up to one billion euros
The joint venture operates data centres under the xScale brand
StarHub H2 net profit more than halves to S$38.5 million; guides lower earnings in FY2026
It declares a total dividend of S$0.06 a share for FY2025