Facebook owner Meta has reported its first ever revenue drop amid lower advertising sales and growing competition from TikTok. The social media giant reported revenue of $28.8bn in the three months to June, down almost 1% from $29.08bn the previous year. The figure was lower than the $28.9bn expected by Wall Street, sending Meta shares
Jul 27, 2022 Associated Press LOS ALAMITOS, Calif. — An unraced 2-year-old colt trained by Bob Baffert was euthanized after an accident at Los Alamitos, becoming the 10th horse to die at the Southern California track this year. Officials at the track in Orange County said Rapacious had completed his morning workout Tuesday when he
She might be a Hollywood star, but even Amy Adams admits to still being mildly “horrified” at seeing herself on giant posters as she makes her West End debut. Outweighing this small negative though is the “humbling” experience of playing a part in the “post-COVID resurgence of theatre”, she says. Plus, if she ever does
A Labour MP has been removed from the party’s frontbench by Sir Keir Starmer after giving a TV interview on the picket line during a rail strike. Sam Tarry, the MP for Ilford South and shadow transport minister, was this morning at Euston station along with rail workers taking industrial action over pay and conditions.
Shawn Mendes has cancelled the rest of his world tour in the UK, North America and Europe to prioritise his health, the singer has announced. Breaking the news to his 69.7 million followers on Instagram, the 23-year-old said he was “not at all ready for how difficult touring would be” after his long break due
Train drivers at nine rail companies will strike on 13 August, the Aslef union has announced, as passengers faced further disruption today due to industrial action. Only around one in five trains ran on Wednesday, on about half the network, with some areas having no trains all day. Picket lines were mounted outside stations as
The UK could face “very high prices” with experts warning household bills could rise to £3,850 this winter due to electricity supply shortages – but the lights will stay on, the National Grid has said. Households are already paying £1,971 per year for energy bills after the price cap was increased in April The cap
Satellite startup OneWeb’s past decade has resembled a space opera. Founded by a US entrepreneur and headquartered in London, it has partnered with Google and Elon Musk, supplied Arianespace, attracted investment from Hughes Network Systems and SoftBank Group and fallen into bankruptcy. It was then rescued by the UK government and India’s Bharti Global. The
Russia’s foreign minister has denied his country is responsible for the worldwide surge in food prices following its invasion of Ukraine as shipping companies continue to avoid the war-torn nation. Speaking during his visit to several African nations, Sergei Lavrov dismissed the “so-called food crisis” and accused the US and Europe of causing prices to
Jul 27, 2022 Nazem Kadri is a Stanley Cup champion who had 87 points in 71 games last season for the Colorado Avalanche. He hadn’t scored more than 61 points in a season previously, turns 32 in October and is seeking a hefty payday on a new contract. The combination of those factors make Kadri
VinFast, a Vietnam-based electric vehicle manufacturer rapidly expanding its US and European operations, is set to bring its electric scooters to US riders. Those electric scooters are of the Vespa variety, not the standing kickscooter style that has also gained popularity in the US over the last few years. Not only is VinFast planning to
Europe has previously received around 45% of its annual gas supplies from Russia. Leonhard Foeger | Reuters Europe’s descent into an economic contraction looks to have been confirmed with Russia squeezing natural gas supplies to the bloc and heavy industry facing tough rationing in the coming months. Just days after Europeans breathed a sigh of
Voters from across the political spectrum discuss race and the Georgia governor’s election as CNN host Van Jones drives them around Stone Mountain.
Google’s former chief executive Eric Schmidt recently compared artificial intelligence (AI) to nuclear weapons. Speaking at the Aspen Security Forum on Friday, Mr Schmidt discussed his role at Google and the developments that were happening 20 years ago. The former Google CEO stated that he himself had been “naive” about the power of information in the
Britney Spears’ lawyers have urged a US judge to dismiss a request for her to be questioned made by her father, as the legal battle in the aftermath of her conservatorship ending continues. The singer’s legal team has accused Jamie Spears of “sinking to a new low” and say his recent legal filings against his
The US Attorney General has given his clearest indication yet that former President Donald Trump could be prosecuted for his role in attempting to overthrow the result of the 2020 election. In an interview with NBC News, Merrick Garland spoke more explicitly than he has ever before about the Justice Department investigation into the 6
7:28 PM ET Associated Press A federal judge said Tuesday a national horse racing authority cannot enforce its rules in Louisiana and West Virginia while a lawsuit challenging the organization is in court. In granting a preliminary injunction, Western District of Louisiana Judge Terry Doughty said the Horseracing Integrity & Safety Authority likely went beyond
In this article MSFT Microsoft shares rose 5% in extended trading on Tuesday after the software maker issued a rosy income forecast for the year ahead, despite issuing quarterly results that failed to reach Wall Street consensus. Here’s how the company did: Earnings: $2.23 per share, adjusted, vs. $2.29 per share as expected by analysts,
Shop price inflation rose to 4.4% in July, up from 3.1% in June, according to new figures. The rise is the highest since the British Retail Consortium started its index in 2005. Food inflation was up 7%, compared to 5.6% in June. This was partly due to a 8% rise in fresh food inflation, up
The Tesla Cybertruck with its interesting design offered a surprise in the first independent aerodynamic performance simulation test. It comes in at an unofficial 0.39 drag coefficient. When Tesla unveiled the Cybertruck, the design was polarizing, to say the least. Some were totally in love with the design, while others hated it with a passion.