Posts by Liam Redmond
Oracle shares drop the most since 2001 on mounting AI spending
The stock has already lost about a third of its value through Wednesday’s close since a record high on Sep 10 [NEW YORK] Oracle shares fell the most in more than 24 years after the company reported a jump in spending on AI data centres and other equipment, rising outlays that are taking longer to…
Read MoreWhen will ‘Emily in Paris’ return to Netflix? ‘Emily in Paris’ Season 5 premiere date, time, and more
It’s been over a year since the Emily in Paris Season 4, Part 2 finale saw Emily Cooper (Lily Collins) rebranding herself in Rome! But Darren Starr’s charming international dramedy is almost back, and without spoiling Season 5, let’s just say it has lots of surprises in store. Netflix’s official Season 5 synopsis is as…
Read MoreS&P 500, Nasdaq opens lower on Oracle AI spending jitters
[NEW YORK] The S&P 500 and the Nasdaq opened lower on Thursday (Dec 11) as fresh worries over Oracle’s hefty AI spending plans overshadow optimism over a less hawkish tone from the Federal Reserve. At 09.30 am ET, the Dow Jones Industrial Average was up 97.04 points, or 0.21 per cent, to 48,157.04. The S&P…
Read MoreExclusive | Candice King on her pregnancy — and why the ‘We Were Liars’ cast was ‘reduced to tears’
She’s feeling fang-tastic. “The Vampire Diaries” actress Candice King, who is also in the Prime Video thriller “We Were Liars,” just announced her pregnancy with “Yellowjackets” actor Steven Krueger. “It’s getting past the point now where I just look like I ate a really big dinner, so I have some explaining to do,” King, 38,…
Read MoreSembcorp to acquire Australian power company Alinta Energy in A$6.5 billion deal
The asset is country’s fourth-largest utilities provider with more than 1.1 million customers [SINGAPORE] Sembcorp Industries will acquire Australia’s fourth-largest utilities provider Alinta Energy. In a bourse filing on Thursday (Dec 11), Sembcorp said that it had entered a share sale agreement with Alinta’s current owner, Hong Kong-based holding company Chow Tai Fook Enterprises. The…
Read MoreThe Mets have lost the optics game after Pete Alonso, Edwin Díaz exits — and it’s on David Stearns to fix that
Sometimes, it’s the optics that make these things difficult to digest. Sometimes, it’s watching as three of the Mets’ staples — Brandon Nimmo, Edwin Díaz and Pete Alonso — depart in a matter of weeks that creates an impossible reality for president of baseball operations David Stearns to escape. One singular response can’t serve as…
Read MoreAxa warns on data centre ‘gambles’ as private credit risks rise
[PARIS] French insurer Axa is exercising greater caution on the artificial intelligence build-out when backing financing for the sector, amid growing awareness of emerging risks in private markets. “We are convinced of the medium-term trend, but we want to avoid financing technological gambles,” AXA group chief investment officer Jean-Baptiste Tricot said in an interview in…
Read MoreJets should start Brady Cook to see if he could be part of 2026 plans
Let Brady Cook. At least on Sunday against the Jaguars — if not for the final four games pending his performance in Jacksonville — the Jets should let rookie quarterback Brady Cook start at quarterback. What do they have to lose at 3-10 … other than a few more games? This is a perfect opportunity…
Read MoreSeatrium consortium bags major contract with TenneT to link Germany’s grid with North Sea wind power
This brings Seatrium’s value of new wins for FY2025 to over S$4 billion to date [SINGAPORE] A consortium comprising Seatrium and GE Vernova was on Thursday (Dec 11) awarded a contract by European transmission operator TenneT to connect North Sea wind power to Germany’s power grid. This latest contract brings Seatrium’s value of new contracts…
Read MoreRoblox sued by Southern California families alleging children met predators on its platform
Video gaming platform Roblox is facing more lawsuits from parents who allege the San Mateo, Calif., company isn’t doing enough to safeguard children from sexual predators. A Los Angeles County mother, whose identity wasn’t revealed in a November lawsuit, alleges that her daughter met a predator on Roblox who persuaded her child to send sexually…
Read MoreMan fatally struck by snowplow in Minneapolis–Saint Paul International Airport parking lot during winter storm
A man was fatally hit by a snowplow at Minneapolis–Saint Paul International Airport during a winter storm. The 47-year-old victim was struck by the Ford F550 snowplow in the LSG Sky Chef facility parking lot near the airport’s Terminal 2 on Tuesday, just before 7 p.m. local time, Metropolitan Airports Commission spokesperson Jeff Lea told…
Read MoreSingtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users
The incident on Oct 8 last year affected more than 500,000 users for more than four hours [SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine on Singtel for a 2024 voice disruption, it said on Thursday (Dec 11). The October incident last year affected about 500,000 of Singtel’s residential and…
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