Australiatls

Dag Kittlaus, co-founder of Siri, reacts to Apple's AI ambitions. The new Apple Intelligence system was unveiled during a keynote presentation at the company's Worldwide Developers Conference. He speaks on "Bloomberg The Close."

SpaceX is seeking to raise $75 billion in an initial public offering that would be the biggest of all time. Elon Musk's rocket, satellite and artificial intelligence company plans to market about 555.6 million shares for $135 each, according to its filing Wednesday with the US Securities and Exchange Commission. Bloomberg's Manuel Baigorri reports.

Superloop (ASX:SLC) upgraded its financial guidance for FY26, driven by the recent acquisition of Lightning Broadband.

TPG Telecom (ASX:TPG) proposes near-free spectrum access for Starlink.

Superloop (ASX:SLC) finalised its $165 million cash acquisition of Lynham Networks, the parent company of Lightning Broadband.

Tuas (ASX:TUA) has terminated its high-profile sale and purchase agreement to acquire shares in M1.

Optus has emerged from a tumultuous period to post solid financial gains, largely unblemished by the devastating Triple Zero network outage.

Talks between Samsung Electronics and its largest labor union broke down, raising the prospect of a workers' strike. A general work stoppage will go ahead on Thursday, labor leader Choi Seung-ho told reporters. The collapse in negotiations puts the global technology supply chain at risk because Samsung is the world's biggest supplier of the chips that go into devices from data center servers to smartphones and electric vehicles. Bloomberg's Yoolim Lee reports.

ACMA confirms Telstra, Optus, TPG, and NBN Co will pay $7.32b to renew critical mobile and fixed wireless spectrum licences expiring between 2028 and 2032.

Artificial intelligence chipmaker Cerebras raised $5.55 billion in its US initial public offering. The company priced its shares at $185 each, giving Cerebras a market value of about $40 billion, based on the shares offered and outstanding in its filings. Bloomberg's Neil Campling reports.