Latest
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Technology
SpaceX seeks $40 billion to buy Nvidia chips, FT reports
Oct 6 (Reuters) - SpaceX is seeking to raise $40 billion in a financing effort led by asset manager Apollo Global Management to purchase Nvidia chips, the Financial Times reported on Tuesday, citing people familiar with the matter.
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Technology
Samsung's Q3 profit seen jumping nine-fold, but chip margins may be flat
SEOUL, Oct 7 (Reuters) - Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit, driven by robust AI demand, though analysts have cut forecasts by nearly 8% since the end of August.
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True Or Not
QuickCheck: Did 100,000 people attend a free concert at Chow Kit Road?
WHEN we talk about concerts in Malaysia today, the first few things that come to mind for fans are whopping ticket prices, ticketing agents and scalpers.
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World
Rubio tells Russia to share more information about plague death
REYKJAVIK, Oct 6 (Reuters) - Russia should share more information about the death of a plague laboratory worker who died last week, US Secretary of State Marco Rubio said on Tuesday, in an incident Washington was watching "very closely".
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Technology
FICO cuts workforce by 15% as part of AI-driven restructuring
Oct 6 (Reuters) - Credit-scoring giant Fair Isaac, known as FICO, said on Tuesday it would trim about 15% of its workforce as part of a broader restructuring and AI integration, becoming the latest US company to cut jobs as businesses automate tasks and redirect spending toward the technology.
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Technology
Black Hills plans $1.8 billion investment to power Google's data center
Oct 6 (Reuters) - Black Hills Corp said on Tuesday it signed agreements to power a proposed Google data center in Cheyenne, Wyoming, and plans to spend $1.8 billion from 2027 to 2029 on new generation capacity, as tech firms race to secure electricity for power-hungry AI data centers.
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Technology
US Justice Dept tells staff to call AI 'super intelligence' under Trump order
WASHINGTON, Oct 6 (Reuters) - The US Justice Department directed its employees on Tuesday to use the words "super intelligence" instead of "artificial intelligence" when referring to the technology in most circumstances, including in court, according to a memo seen by Reuters.
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Technology
Anthropic opens its most powerful AI models to more security teams
Oct 6 (Reuters) - Anthropic is expanding a program that allows vetted cybersecurity professionals to test its most powerful AI models with fewer safeguards, after its Project Glasswing initiative helped uncover more than 100,000 software vulnerabilities this year.
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Technology
Nvidia-backed Lambda targets $4 billion raise ahead of planned IPO, WSJ reports
Oct 6 (Reuters) - Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation of $14.5 billion in what would be its final funding round before a planned initial public offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
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World
Transcript of US Vice President Vance interview in Alaska
FAIRBANKS, Alaska, Oct 6 (Reuters) - US Vice President JD Vance gave an exclusive interview to Reuters on Monday while campaigning in Alaska, a state that has emerged as a key battleground in the November elections that will determine control of Congress.
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Commodities
Oil steady amid supply risks, rising Mideast exports
Oil prices were little changed on Tuesday after recovering earlier losses, as the market weighed increases in Middle Eastern crude exports and a planned Group of Seven release of emergency diesel and crude stockpiles against supply concerns related to attacks by Yemen's Iran-backed Houthis.
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Markets
S&P 500, Nasdaq hit records as earnings loom
US stocks ended higher on Tuesday as crude prices steadied and US Treasury yields eased, offering some reprieve from concerns that have preoccupied investors in recent weeks, and allowing markets to turn their attention to the approaching third-quarter reporting season.
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World
Skydance emerges as global entertainment giant after Paramount-Warner deal
LOS ANGELES, Oct. 6 (Xinhua) -- Paramount Skydance completed its takeover of Warner Bros. Discovery on Tuesday, creating a sprawling company called Skydance that brings two century-old Hollywood studios, two global streaming services and two major U.S. news organizations under one corporate roof.
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Business
US pays US$950mil for detention facilities
The Trump administration has agreed to pay US$950mil to buy three California immigration detention facilities from GEO Group Inc, part of a broader push to give the federal government more direct control over the infrastructure behind its mass deportation campaign.
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Nation
A chip off the old block
FOR actress Mila Mohsin, being told she resembles her late father, actor Hani Mohsin, is more than a compliment – it reminds her that a part of him lives on through her.
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Other Sports
Chance for redemption at SEA Games after Asiad setbacks and injuries
PETALING JAYA: All that glitters is not gold.
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Badminton
Kang looks forward to improving his game with new partner Lok
PETALING JAYA: Men's doubles shuttler Kang Khai Xing is ready to improve his game as he takes on a new challenge with partner Lok Hong Quan.
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Metro News
Various avenues, apps exist to serve citizens, says exco
MALAYSIANS are reminded to seek financial assistance from residents' committees, city councillors or assemblymen when in need.
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Badminton
Zii Jia on guard against early freeze at Arctic Open
PETALING JAYA: How far can Lee Zii Jia go at the Arctic Open this time?
