Posts by Liam Redmond
Why investors are betting on nuclear fusion even as it remains elusive
Interest in fusion has been further fuelled by the proliferation of data centres, as tech firm hunt for sources to power their cloud computing and AI operations NUCLEAR fusion has long captured the scientific imagination. The dream is to harness the same process that powers stars to produce cheap, abundant and carbon-free electricity. The technology…
Read MoreRecord US$350 billion deals boom fuels upbeat M&A outlook in Japan
Corporate governance reforms aimed at improving shareholder returns are helping to transform the country into a hive of activity IT HAS been a record year for deals involving Japanese companies, with transaction volume approaching US$350 billion as December draws to a close. And next year is poised to be even busier. Corporate governance reforms…
Read MoreAustralian Prime Minister Anthony Albanese heckled as he faces grieving families at Bondi vigil week after terror attack
Prime Minister Anthony Albanese has been heckled and booed on his return to Bondi Beach for a vigil, the first time he has visited since a brief visit on Monday morning. A National Day of Reflection is being held today to honor the victims of the terrorist attack at Bondi Beach, on a night that…
Read MoreSoftBank races to fulfil US$22.5 billion funding commitment to OpenAI by year-end: sources
[NEW YORK/TOKYO/SAN FRANCISCO] SoftBank Group is racing to close a US$22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investments, and could tap its undrawn margin loans borrowed against its valuable ownership in chip firm Arm Holdings, sources said. The “all-in” bet on OpenAI is…
Read MorePowerball jackpot jumps up to $1.6B — fourth-largest prize in game’s history
The Powerball jackpot soared to a staggering $1.6 billion after Saturday night’s highly anticipated drawing produced no lucky winner, leaving the fourth-largest prize in the lottery game’s history up for grabs. The winning numbers drawn were 4, 5, 28, 52, 69, and 20 as the Powerball. The next drawing is on Monday night. A Powerball…
Read More‘Avatar’ director James Cameron slams the Oscars for snubbing sci-fi flicks — including ‘Dune’
James Cameron is calling out the Academy Awards. “I don’t think about the Academy Awards that much,” the filmmaker, 71, told The Globe and Mail on Friday. “Intentionally, I don’t think about that at this point. I don’t try to make a movie to appeal to their sensibility… they don’t tend to honor films like ‘Avatar’ or films that…
Read MoreKim Kardashian’s daughter North makes Instagram debut after dad Kanye slammed kids’ social media use
Kim Kardashian’s eldest daughter, North West, made her Instagram debut under her own account name on Friday. The 12-year-old kicked off her Instagram career with a blurry snapshot of herself as well as a few posts added to her Stories where she was joined by two of her friends. The trio recorded a selfie video…
Read MoreNBA considering policy changes to discourage widespread tanking as teams bottom out
The NBA is considering further cracking down on tanking. ESPN insider Shams Charania reported Friday that several measures are on the table to help combat teams from sacrificing full seasons for better draft picks in the hope of landing a franchise-altering talent, as the league plans to review its current policies. Some of the modifications…
Read MoreMinnesota jury says Johnson & Johnson owes $65.5 million to woman with cancer who used talcum powder
A Minnesota jury awarded $65.5 million on Friday to a mother of three who claimed talcum products made by Johnson & Johnson exposed her to asbestos and contributed to her developing cancer in the lining of her lungs. Jurors determined that plaintiff Anna Jean Houghton Carley, 37, should be compensated by Johnson & Johnson after using its…
Read MoreTimberwolves coach Chris Finch has to be restrained by staff as he’s ejected from game in wild scene
Chris Finch didn’t waste any time making an impact on Friday. Except he probably didn’t count on the ejected. Less than six minutes into the game between the Thunder and the Timberwolves, Finch was visibly frustrated at the defending NBA champions’ physicality. He appeared to get particularly mad at officials when the Thunder were not…
Read MoreValueMax to defend claims of infringement by LV, says it doesn’t carry LV products currently
[SINGAPORE] ValueMax says it is vigorously defending claims of infringement and does not currently carry LV products at all its outlets, in response to queries after news broke that the SGX-listed company is being sued by global luxury and fashion goods company Louis Vuitton. It was reported on Dec 17 that Louis Vuitton – or…
Read MoreMamdani’s ‘economic justice’ deputy signals a brave new world of burning money
What the heck is a “deputy mayor for economic justice” tasked with doing? Equalizing New Yorkers’ incomes? Redistributing their wealth? Ensuring that “some animals are more equal than others,” perhaps? OK, fine: After Mayor-elect Zohran Mamdani named Julie Su to the job on Friday, he explained that she’ll oversee agencies that focus on “New Yorkers…
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