Google's parent company Alphabet has joined the $1 trillion club, making big tech worth over $5 trillion combined. Quad Group Chief Strategist Peter Borish joins the On The Move panel to discuss what this means for the space.
Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's underlying technology designed to cut the rate at which new bitcoins are created. The halving, which happens roughly every four years, was written into Bitcoin's code at its inception by pseudonymous creator Satoshi Nakamoto as a way to reduce the rate at which bitcoins are created. Chris Gannatti, Global Head of Research at asset manager WisdomTree, which markets bitcoin exchange-traded funds, called the halving "one of the biggest events in crypto this year".
Asian stocks tumbled Friday, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Japan’s benchmark Nikkei 225 lost 2.4% to 37,156.54, paring losses in the early trading when it plunged 3.5%. Renesas gave up 6%, Tokyo Electron lost 8.7% and Sony Group Corp. declined 1.8%.
In remote Indian forests home to a decades-old Maoist insurgency battling government rule, few in farmer Ajay Kumaroya's village had ever dared anger the guerrillas by voting.But India has deployed tens of thousands of security personnel to crush them, and the crowd at Kumaroya's village reflects government efforts to boost infrastructure and connect villages like his to the rest of the country.
Indonesian authorities were on alert Friday for more eruptions from a remote island volcano that forced thousands to evacuate this week, as nearby residents began clearing debris after molten rocks rained down on their villages. And then it rained and rocks fell.
Explosions rocked Iran's central Isfahan province on Friday, according to state media, while US officials told American news outlets that Israel carried out a retaliatory strike on the Islamic republic.- Early Friday, Iran's Fars news agency said "three explosions" were heard near the Shekari army airbase in the northwest of Isfahan province.
DUBAI (Reuters) -Dubai's flagship airline Emirates is suspending check-in for all customers with onward connections through the city until 2359 GMT on Friday, three days after a record storm swept the United Arab Emirates. Emirates, one of the world's biggest international airlines, said customers travelling to Dubai as their final destination may check-in and travel as usual. The suspension shows the airline and its hub, Dubai International Airport, are still struggling to clear a backlog of flights after the UAE saw its heaviest rains in the 75 years records have been kept, bringing much of the country to a standstill for two days and causing significant damage.
Street vendors in Mali's capital of Bamako peddle water sachets, ubiquitous for this part of West Africa during the hottest months. This year, an unprecedented heat wave has led to a surge in deaths, experts say, warning of more scorching weather ahead as effects of climate change roil the continent. The heat wave began in late March, as many in this Muslim majority country observed the holy Islamic month of Ramadan with dawn-to-dusk fasting.
Taiwanese tycoon Morris Chang received one of the island's highest medals of honour on Friday, in recognition of his achievements as the founder of semiconductor giant TSMC. Known as the "godfather" of the island's chip industry, Chang founded Taiwan Semiconductor Manufacturing Company three decades ago, building it into a multi-billion-dollar company that today is a leader in making the microchips that power everything from smartphones to AI technology."Because of (TSMC) founder Chang, Taiwan's
Long-haul carrier Emirates said Friday it would again halt local check-in for passengers traveling on its flights as the wider United Arab Emirates tries to recover from record-setting rains this week. “This is to support operations recovery from the recent bad weather at our Dubai hub,” the airline said on the social platform X. Dubai International Airport, the world's busiest for international travel, hoped to be back on a normal schedule within 24 hours, its CEO told The Associated Press late Thursday.
Apple has removed the Meta-owned WhatsApp and Threads from its App Store in China following an order from the country's top internet regulator, Bloomberg reported Friday citing the tech giant."The Cyberspace Administration of China (CAC) ordered the removal of these apps from the China storefront based on their national security concerns," said Apple, referring to China's internet regulator.
The Security Council veto has triggered backlash as global divisions continue to sharpen over Israel’s war on Gaza.
The judge in Donald Trump's criminal trial will look to wrap up jury selection Friday before opening arguments start next week in a historic case being heard as the former president campaigns to win back the White House."The whole world is watching this hoax," he said, again using the case to launch his election campaign attacks on President Joe Biden, US border policy and the justice system.
Gay '30 Rock' actor Maulik Pancholy was disinvited from speaking at a middle school anti-bullying assembly in Mechanicsburg, Pennsylvania.
India began voting Friday in a six-week election with an all but assured victory for Hindu nationalist Prime Minister Narendra Modi."I urge all those voting... to exercise their franchise in record numbers," he wrote in a social media post on X as the election began.
U.S. District Judge Aileen Cannon on Thursday denied motions by two of former President Donald Trump's co-defendants to dismiss charges in the classified documents case.
Iran's state media reported explosions in the central province of Isfahan Friday, as US media quoted officials saying Israel had carried out retaliatory strikes on its arch-rival.Air defence systems over several Iranian cities were activated, state media reported, after the country's official broadcaster said explosions were heard near the city of Isfahan.
China's vaccine developers stuck with unused mRNA COVID shots and idle manufacturing plants are pursuing new targets for the novel messenger RNA technology, but they face a tough path, crimped by a lack of revenue. Three Chinese companies - Walvax Biotechnology , CSPC Pharmaceutical Group and Stemirna Therapeutics - came up with mRNA vaccines that won limited emergency approvals in Asia. However, Walvax and CSPC are not currently manufacturing three of their China market shots, a China health official told Reuters.
The new Netflix documentary, “What Jennifer Did,” follows the interrogation of Jennifer Pan, a young Canadian woman who allegedly planned to kill her parents.
Saturday marks marijuana culture’s high holiday, 4/20, when college students gather — at 4:20 p.m. — in clouds of smoke on campus quads and pot shops in legal-weed states thank their customers with discounts. Many states have instituted “social equity” measures to help communities of color, harmed the most by the drug war, reap financial benefits from legalization.
A suicide bomber detonated his explosive-laden vest near a van carrying Japanese autoworkers, who narrowly escaped the attack Friday that wounded three bystanders in Pakistan's port city of Karachi, police said. The van had been heading to an industrial area where the five Japanese nationals worked at Pakistan Suzuki Motors, local police chief Arshad Awan said. Pakistan's President Asif Ali Zardari and Prime Minister Shehbaz Sharif denounced the attack on the Japanese nationals.
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