Startup Valuation Math: Etched Fields $40B Offers

Startup Valuation Math: Etched Fields B Offers

Etched, an AI chip company, is reportedly weighing new funding offers that would price it somewhere from $40 billion to $50 billion, TechCrunch reports, citing sources. That would roughly double the $21 billion price tag it earned only two months ago. Most founders will never see a number like that. However, the way a startup…

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Bitcoin falls as US$650 million in risky crypto bets wiped out

Bitcoin falls as US0 million in risky crypto bets wiped out

Published Wed, Oct 7, 2026 · 10:17 PM CRYPTOCURRENCIES fell on Wednesday (Oct 7) as a wave of forced selling swept across digital-asset venues, with broader market jitters further weighing on risk appetite. Bitcoin, the largest token, fell as much as 2.8 per cent to US$83,248, while Ether slumped 5.3 per cent to US$2,555. Other…

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Cornell 7 accuser’s lawyer claims frat bros ‘had meetings’ to cover up gang-rape allegations: ‘Conspiracy of silence’

Cornell 7 accuser’s lawyer claims frat bros ‘had meetings’ to cover up gang-rape allegations: ‘Conspiracy of silence’

Cornell University’s Phi Chi fraternity held emergency meetings to coordinate how to cover up allegations that a student was drugged and gang raped at their house, according to the accuser’s attorney. Thomas Giuffra, the attorney for the accuser, identified only as Jane Doe, told CNN’s Anderson Cooper that after she reported the alleged sexual assault…

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US$7 trillion data-centre boom is creating gaps in insurance cover in Apac: report

US trillion data-centre boom is creating gaps in insurance cover in Apac: report

There are interconnected and concentrated risks in power, construction, operations, cybersecurity and downtime [SINGAPORE] Insuring the Asia-Pacific’s rapidly expanding data-centre sector is becoming increasingly challenging. Global insurance broker Howden identifies the wide range of interconnected and concentrated risks in power, construction, operations and cybersecurity, with downtime being a significant business exposure. The expansion is being…

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US$7 trillion data-centre boom is creating gaps in insurance cover within Apac: report

US trillion data-centre boom is creating gaps in insurance cover in Apac: report

There are interconnected and concentrated risks in power, construction, operations, cybersecurity and downtime [SINGAPORE] Insuring the Asia-Pacific’s rapidly expanding data-centre sector is becoming increasingly challenging. Global insurance broker Howden identifies the wide range of interconnected and concentrated risks in power, construction, operations and cybersecurity, with downtime being a significant business exposure. The expansion is being…

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Car COE premiums resist slow market to remain above S$130,000

Car COE premiums resist slow market to remain above S0,000

Cautious bidding and weak sales, but aggressive bids and orders on hand keep premiums buoyant [SINGAPORE] Despite quiet market conditions creating a dip in sales, Certificate of Entitlement (COE) premiums remained at elevated levels for the first round of bidding in October, which closed on Wednesday (Oct 7). Industry observers said the lull was in…

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Singapore may be able to import only half of 2035 clean energy target: report

Singapore to miss 2035 green-power import target: Wood Mackenzie report

Energy Market Authority-approved projects with a total capacity of 9.25 GW await construction [SINGAPORE] Singapore looks set to miss its target of importing 6 gigawatt (GW) of low-carbon electricity from its neighbours, said global research and consultancy group Wood MacKenzie on Wednesday (Oct 7). Low-carbon electricity imports are expected to account for half of that…

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