Posts by Nathan Pine
Silicon Valley Start-Up Luma AI Opens First International Office In London
Luma AI, the California tech start-up, has launched its first international office in London. The company, which bills its as a “frontier artificial intelligence company building multimodal AGI intelligence” and known for generative video and imaging product Dream Machine, is opening the office as a reaction to decentralization of creative economies across the EMEA region.…
Read MoreDanish ISS shares plunge on concerns over its role in deadly Hong Kong apartment fire
[STOCKHOLM] ISS shares slumped in Copenhagen amid concerns over the Danish company’s role in the renovation of a Hong Kong apartment fire where a deadly fire broke out on Nov 26. The stock slid as much as 11 per cent, the most since April, after reports that a unit of ISS was acting as property…
Read MoreFlorida house price warning Issued over plan to eliminate property taxes
Home prices in Florida would “immediately” jump by about 7 percent to 9 percent if the state was to completely eliminate property taxes, as Governor Ron DeSantis has repeatedly said lawmakers should do, according to new analysis by Realtor.com. Why It Matters Florida is among several Republican-led states trying to either abolish or drastically slash…
Read MoreNetflix Says Global Viewership Of Southeast Asian Content Grew By Almost 50% From 2023 To 2024
Netflix has said global viewership of Southeast Asian content on its platform grew by nearly 50% from 2023 to 2024. The streamer reported that more than 100 Southeast Asian titles have appeared in Netflix’s Global Top 10. Over 40 of those titles charted in 2025 alone. Titles from the region also ranked in the top…
Read MoreBuying the S&P 500 is an active bet on AI: BlackRock Investment Institute
The unprecedented AI boom is catalysing a mega structural change that impacts investing., the institute says [SINGAPORE] Just buying the S&P 500 is no longer a passive bet on US equities, but is an active call on artificial intelligence (AI), given the concentration of the index. “That’s the reality of the underlying concentration and positioning, so…
Read MorePrada completes Versace takeover after long courtship
Prada heir Lorenzo Bertelli will become executive chairman of Versace once the integration is complete [MILAN] Prada said on Tuesday (Dec 2) it had completed the acquisition of smaller Italian rival Versace, a brand the luxury group said it had long coveted. Prada signed a definitive agreement in April to buy Versace from US-based Capri…
Read MoreCurtis ’50 Cent’ Jackson Details Involvement In The Making Of Sean Combs Doc & Potential Sequel As Diddy’s Legal Woes Continue To Unfold
SPOILER ALERT: The following reveals major plot points from the four-part Netflix documentary Sean Combs: The Reckoning. At the height of his career, Sean Combs was untouchable. He had a booming career, a growing family, awards galore, and the respect of fans all over the world. Today, he is serving a four-year sentence at the…
Read MoreA Director’s Take On Microdrama: Dan Löwenstein On Vertical Trends & Why He’s Launching His Own App
EXCLUSIVE: Dan Löwenstein started making microdramas in early 2024 and has now made over 20 vertical series. With the traditional biz laser-focused on all things micro – fueled by bullish analyst forecasts – Löwenstein gives Deadline a director’s eye view on microdrama and tells us he’s planning to launch his own app. The learning curve…
Read MoreTemasek-backed autonomous driving firm Momenta files for Hong Kong IPO: sources
The firm is joining a growing list of Chinese companies aiming to debut in the Asian financial hub [HONG KONG] Chinese autonomous driving developer Momenta has confidentially filed for a Hong Kong initial public offering, two people with knowledge of the matter said. Momenta is joining a growing list of Chinese companies aiming to debut…
Read MoreSTI up 0.3% on Tuesday, amid mixed showing by Singapore shares
Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted [SINGAPORE] Singapore shares had a mixed showing on Tuesday (Dec 2). The benchmark index for blue-chip stocks closed higher, but that for the next 50 largest companies was lower. The Straits Times Index (STI)…
Read MoreSTI up 0.3%, amid mixed showing by Singapore shares
Across the broader market, there are 288 gainers and 236 decliners, with 1.3 billion securities valued at about S$1.3 billion transacted [SINGAPORE] Singapore shares had a mixed showing on Tuesday (Dec 2). The benchmark index for blue-chip stocks closed higher, but that for the next 50 largest companies was lower. The Straits Times Index (STI)…
Read MoreSaudi National Bank’s US$1 billion loan adds to Middle East spree
[RIYADH] Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping finance a US$2 trillion economic overhaul. DBS Bank and Mitsubishi UFJ Financial Group are the mandated lead arrangers and bookrunners of the five-year deal, according to a person familiar with the matter. The…
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