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Alibaba’s cloud business revenue soars 34% driven by AI boom – Yahoo Finance
HONG KONG (AP) — China’s Alibaba Group posted a 34% jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial intelligence. But overall revenue at the Chinese tech group for the July-September quarter increased by just 5% year-on-year to 247.8 billion yuan ($35 billion), and profit fell…
Donald Trump Pardons Entertainment Executive Tim Leiweke Just 5 Months After POTUS’ DOJ Charged Him In Bid-Rigging Scheme – Deadline
Donald Trump granted Tim Leiweke a pardon, just five months after the administration’s Justice Department charged the live entertainment executive in a scheme to rig the bidding process for a public arena in Texas. The pardon was signed by the president on Tuesday. In July, Leiweke, a longtime executive in live sports and entertainment who…
Silver Prices Soar as China’s New Export Rules Take Effect—Elon Musk Says, ‘This Is Not Good’ – Yahoo Finance
Elon Musk has voiced his concerns over China’s impending restrictions on silver exports, highlighting the potential impact on various industrial processes. On Saturday, Musk reacted to a post on X by Jesse Peltan, who had shared a post from Bull Theory. The original post announced that China is set to impose restrictions on silver exports…
Wall Street banks set for 5% capital decline under new rules – CNBC
A ‘Wall St’ sign is seen above two ‘One Way’ signs in New York. Lucas Jackson | Reuters Wall Street bank capital would fall 4.8% under softened capital rules unveiled by U.S. bank regulators on Thursday, freeing up billions in dollars for lending, dividends and share buybacks in a stunning victory for the industry which…
Baby on board: Paramedics help passenger give birth just before Delta flight lands – AP News
Please fasten your seat belt, make sure your tray table is in an upright and locked position, and prepare for delivery. A passenger on a Delta Air Lines flight from Atlanta gave birth to a healthy 5-1/2 pound (2.5-kilogram) girl just before the Boeing 737 landed at Portland International Airport in Oregon on Friday night….
With upcoming ban, Meta begins to notify Australian teens that their accounts will be shut down – TechCrunch
As Australia’s social media ban for teens under the age of 16 looms, Meta has started notifying teenage Facebook and Instagram users about the fate of their accounts. When the ban goes into effect on December 10, Meta will revoke teens’ access to their existing accounts, and as of December 4, will prevent users under…
