Across the country. Skirmishes broke out between protesters and police at the university of Southern California in los angeles. At the university of texas in austin, the governor sent in State Troopers in riot gear to confront demonstrators who waved Palestinian Flags and chanted free palestine. These demonstrations have spread since the arrest last week of more than a hundred protesters at Columbia University in new york sparking debates about free speech and the right to protest. Our west coast correspondent emma vardy sent this update from the university of Southern California in los angeles. Protesters arrived here on campus around eight oclock this morning. They have stayed for much of the day. Earlier on tents put up by protesters, police asking them to take those down, that led to some scuffles and clashes between protesters and Campus Police here. One person was detained but we understand they were released pretty quickly. In the hours that followed the protest here in los ang
We start in the us, where shares of meta, hello. If you are justjoining us, you are in time with the top business stories. We start in the us, where shares of meta, the owner of facebook, instagram and whatsapp plunged in after hours trading after its forecasts disappointed wall street. Investors are concerned the huge amount meta is spending on Artificial Intelligence may not translate into higher profits. Lets show you the details. When it comes to how much money meta is making, profits came in at 12 point 4 billion in the first three months of the year. Thats more than double the amount it made this time last year, and better than expected. But heres one of the numbers worrying investors, meta expects its costs to rise to almost 100 billion this year, as it invests heavily in al and virtual reality. Coupled with a forecast that revenues will barely grow in the Current Quarter that sent shares plunging some 13 in after hours trading. Wiping as much as 160 billion off its stock market
getting his humble start selling cocoa beans before he built an empire that made him a billionaire. he s not just a businessman former secretary of state madeleine albright told he could be the political leader to stabilize ukraine. i had the sense he understood what had to be done and had the energy to do it. he knows president putin and is opening to meet with him next month. moscow says they are willing to work with him but warned stepping up the crackdown against the pro-russian separatists would be a quote, colossal mistake. alexander marquardt, abc news, kiev. topping the business headlines, pfizer says it is pulling the plug on what would have been the largest pharmaceutical merger in history. pfizer declined to make a takeover offer for british drug maker astrazeneca for now. last week, the board rejected pfizer s $119 billion buyout proposal. the nation s biggest drug maker