TikTok owner ByteDance reportedly would rather shut down the popular video-sharing app than sell it if the Chinese-based company exhausts all legal options to fight a US ban despite growing interest from American buyers for the platform. The algorithms TikTok relies on for its operations are deemed core to ByteDances overall operations, which would make
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Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks. But shares of the company fell more than 5%. Peacock added 3 million subscribers in the first quarter, taking its total to 34 million and outpacing estimates of 2.32 million by Visible
Share Tweet By Tr Goins-Phillips Editor April 24, 2024 On Friday, explosions echoed through the air in Iran, just days after the Muslim-majority country launched some 300 missiles into Israeli airspace a marked escalation for a country that has, historically, attacked the Jewish state only via proxies, like the Gaza-based terrorist cell Hamas. Tehran, though,
Alphabetannounced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share. Just three
Former Home and Away star Orpheus Pledger has been arrested following a three-day police manhunt for the actor, according to Australian media reports. The 30-year-old was due to appear at Melbourne Magistrates Court on Tuesday accused of assaulting a woman, Sky News Australia said. The actor had been granted bail on Monday for a court-ordered
Honda is finally joining the EV race after announcing a massive $11 billion (CAD$15 billion) investment to build four new EV plants in Canada. The historic investment will be used to build Canada’s first EV supply chain, enabling 240,000 Honda EVs to be made for the US and Canada annually. Honda reveals game changing investment
Student protests against Israel’s war in Gaza continue to spread across the US, following last week’s arrest of more than 100 demonstrators at Columbia University. There have been nearly 550 protest-related arrests in the past week at major US universities, according to a tally by news agency Reuters. The students want universities to cut ties
The extraordinary, unprecedented and largely unexplained flows of millions of pounds of British luxury cars into states neighbouring Russia continued in February, according to new official data. Some £26m worth of British cars were exported to Azerbaijan in February, according to data from HM Revenue & Customs. The numbers show that in the latest quarter
The threat of deportation to Rwanda is causing migrants to head for Ireland instead of the UK, Ireland’s deputy prime minister has said. The Rwanda Bill, which will see asylum seekers “entering the UK illegally” sent to the central African nation – regardless of the outcome of their application – was passed on Tuesday, despite
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will report financial results for its fiscal third quarter after the market close on Thursday. Here is what analysts are looking for, according
A view of oil-well in action during sunset at Elk Hills Oil Field as gas prices on the rise in California, United States on April 14, 2024. Tayfun Coskun | Anadolu | Getty Images Crude oil futures pulled back Thursday after U.S. economic growth disappointed. Gross domestic product was much softer than expected in the
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger, holding an Intel chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April 17, 2024. Mandel Ngan | AFP | Getty Images Intel reported first-quarter earnings on Thursday that beat Wall Street
Meta plunged nearly 15% Thursday after the Facebook-parent forecast higher expenses over its plans to “invest aggressively” in artificial intelligence. The Mark Zuckerberg-led tech giant’s stock was down 13.5%, at $427 at 11:30 am ET — threatening to wipe roughly $200 billion in market cap. Zuckerberg’s net worth also took a massive hit, wiping out about
President Biden signed the $95 billion military spending package for Ukraine, Israel and Taiwan Wednesday after months of congressional wrangling. Biden said weapons would flow into Ukraine “within hours” and declared, “It’s a good day for world peace.” The spending package includes $26 billion in more funding for Israel, which has now killed over 34,000
Stocks slumped on Thursday as most megacaps fell after Meta Platforms’ quarterly results, while sentiment was shaken amid signs of persistent inflation that dampened hopes of the Federal Reserve easing monetary policy anytime soon. The Dow Jones Industrial Average slid 580 points, or 1.5%, to 37,879. It had tumbled nearly 700 points in morning trading.
Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks. But shares of the company fell more than 5%. Peacock added 3 million subscribers in the first quarter, taking its total to 34 million and outpacing estimates of 2.32 million by Visible
Student protests against Israel’s war on Gaza are continuing to spread across U.S. campuses despite an intensifying police crackdown. In Los Angeles, police in riot gear arrested 93 people after students at the University of Southern California began an occupation of USC’s Alumni Park to call for USC to divest from Israel.
Kim Kardashian’s private equity firm SKKY Partners has struggled to land funding — raising just a fraction of its $2 billion goal, according to a federal securities filings. The reality TV star-turned-mogul — who launched the private equity firm with former Carlyle Group executive Jay Sammons more than a year ago.– has scored just $121
Loading… Loading… Kaspi.kz JSC ADR KSPI witnessed a 7% decline in its shares on Monday, April 8 after severe flooding struck rural regions of Kazakhstan. Such occurrences are not uncommon in Kazakhstan. However, the flooding is reported to be the worst natural disaster to hit the nation in 80 years, according to President Kassym-Jomart Tokayev.
TikTok has vowed to wage a legal war after President Biden signed into law a bipartisan bill that forces its Beijing-based parent company to sell the popular video-sharing app or face a US ban. “Rest assured — we aren’t going anywhere,” Tiktok CEO Shou Zi Chew said in a video posted moments after Biden signed