DeepSeek raises US$15 billion in challenge to leading US labs

DeepSeek raises US billion in challenge to leading US labs

It has never had the financial resources of US frontier labs, but that imbalance may be moderating Published Thu, Oct 22, 2026 · 11:34 AM [HONG KONG] The Chinese artificial intelligence pioneer DeepSeek has raised about 100 billion yuan (US$15 billion) in its latest fundraising round, one of the country’s largest ever and a sign…

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EA Cuts Around 400 Jobs, Shuts Down BioWare

EA Cuts Around 400 Jobs, Shuts Down BioWare

After going private in August, Electronic Arts (EA) is cutting about 3% of its staff and shutting down video game developer BioWare. On Wednesday, EA reportedly notified employees in an email that the company would be laying off around 400 people, including about 50 at BioWare, as the company focuses on more lucrative projects, according…

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Sara Bareilles “Still Holding Out” For ‘Girls5eva’ Movie

Sara Bareilles “Still Holding Out” For ‘Girls5eva’ Movie

Although Girls5eva was cut short after three seasons, Sara Bareilles still has some “Big P*ssy Energy” to work out with her inner Fledge Mulholland. The 2x Grammy winner recently admitted she’s “still holding out” for a movie adaptation of the Peacock/Netflix series, which ran for three seasons from 2021 to 2024, noting that she and…

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Netflix Co-CEOs In Town Hall Address Executive Shakeup & Layoffs

Netflix Co-CEOs In Town Hall Address Executive Shakeup & Layoffs

A day after Netflix co-CEOs Ted Sarandos and Greg Peters faced anxious investors on the company’s Q3 earnings call after reporting mixed financial results, the duo on Wednesday faced anxious staffers at a town hall meeting after laying off 1,000 and shaking up the executive ranks by replacing Chief Content Officer Bela Bajaria with Peter…

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WHCA Decries White House “Retaliation” After Trump Berates Reporter

WHCA Decries White House “Retaliation” After Trump Berates Reporter

White House Correspondents’ Association President Jacqui Heinrich said that the Trump administration was engaged in retaliation by blocking a journalist’s access because the president was upset over his questions. Heinrich, senior White House correspondent for Fox News, said in a statement on Wednesday, “The White House Correspondents’ Association strongly objects to the decision to restrict…

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Sebastian Koch Joins Apple TV’s ‘Disavowed’ As Series Regular

Sebastian Koch Joins Apple TV’s ‘Disavowed’ As Series Regular

EXCLUSIVE: Sebastian Koch (Never Look Away, Black Book) has joined the cast of Apple TV‘s Disavowed, the upcoming action-thriller created by Art Marcum and Matt Holloway. Koch will play a series regular role, though details are under wraps. He joins the previously announced stars, led by James Marsden, Norman Reedus, Sylvia Hoeks, Bokeem Woodbine, Noma…

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FCT posts 2.6% higher H2 DPU to hit a new full-year record

FCT posts 2.6% higher H2 DPU to hit a new full-year record

[SINGAPORE] Frasers Centrepoint Trust (FCT) on Thursday (Oct 22) posted a distribution per unit (DPU) of S$0.06214 for the second half ended September, up 2.6 per cent from S$0.06059 in the previous corresponding period. This raised total DPU for FY2026 to S$0.1235 – a new-high. Distributable income rose 3.3 per cent to S$127.2 million for…

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FCT posts 2.6% higher H2 DPU to hit new full-year record payout

FCT posts 2.6% higher H2 DPU to hit a new full-year record

Revenue is up 8.7% at S$223 million for the half-year, from S$205.2 million before [SINGAPORE] Frasers Centrepoint Trust (FCT) on Thursday (Oct 22) posted a distribution per unit (DPU) of S$0.06214 for the second half ended Sep 30, up 2.6 per cent from S$0.06059 in the previous corresponding period. This brought full-year DPU to S$0.1235, a record high. Distributable income for H2 rose…

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