Well have more on this developing story right here on bbc news. Images show police entering the building, as you see on screen, making their way through a window, by the looks of things, trying to make their way into the hall to get to the students that have camped out inside. The campus is in Upper Manhattan which has been a focal point of Student Protests that have spread to dozens of universities and schools across the us, expressing opposition to israels war in gaza. Police are, quote, clearing it out, as they marched to the barricaded entrance to the building and Police Action comes hours after new york mayor eric adams and the nypd held a joint Press Conference where they blamed professional outside agitators escalating the situation and said that it was in Public Safety issue, that was what they said. Lets move on and will bring the story later on our programmes here on bbc news. Back to business news. Binance founder Changpeng Zhao was sentenced to four months in prison after p
It faces fierce domestic competition in china along with softer demand. Remember, tesla is not just a car company. It is an Autonomous Driving and robotaxi company with massive amounts of data needed to train its algorithms and fine tune the system. Meanwhile, apple has seen iphone sales fall in china and that will be in focus when it reports Quarterly Results after the us market close on thursday, as will any announcement it makes on Artificial Intelligence. Another stock that has the power to move markets this week is amazon which turns in its report card later today. The tech giant is under under pressure to pay shareholders a dividend. It is the only Big Tech Firm that doesnt after alphabet did it last week. Traders are also keeping a watchful eye on the Federal Reserve chairjerome powell. The muddled Inflation Picture has some asking if rate cuts have been cancelled or delayed. The fed is expected to leave Interest Rates unchanged when its Policy Meeting ends on wednesday. As we m
And resulting in a multiyear investigation by the Us Government into the Worlds Largest Cryptocurrency Exchange binance. As part of the agreement, he stepped out of the ceo and founder apologised to the court in seattle singles company had now put in place anti Money Laundering controls and is watched by his mother and is watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors are demanding less than 12 to 18 months recommended underfederal recommended under federal guidelines. Once recommended underfederal guidelines. Once considered the most powerful person in the Crypto Industry is the second major crypto boss to be sentenced to prison. In march, he received 25 years behind bars for stealing 1 billion from customers from his now bankrupt exchange. But binance is still the biggest Cryptocurrency Exchange in the world and he has his own eyes on the future. Recently announcing plans to launch a ne
Is down over 15 in after hours trading. Erin delmore explains why. Meta Ceo Mark Zuckerberg piqued investors interest when he predicted 2023 would be the year of efficiency, and he won them over when he delivered on it. The stock nearly tripled last year. This year, meta shares are up another a0 . But on wednesday, meta released its First Quarter Earnings Report and shares initially slumped during after hours trading. Facebook s Parent Company did Beat Expectations on revenue and earnings, but it disappointed on its Revenue Forecast for the Second Quarter of the year. Higher expenses also weighed shares down. So wednesdays Earnings Report marked a back down to earth moment for the formerly red hot tech giant, and it moderates expectations for the months ahead as the company grapples over how to generate profit off of Generative Aland drum up Advertising Revenue in an increasingly crowded market. I spoke to tech analyst ray wang of constellation research, and asked him what he made of m
Meta Ceo Mark Zuckerberg piqued investors interest when he predicted 2023 would be the year of efficiency, and he won them over when he delivered on it. The stock nearly tripled last year. This year, meta shares are up another a0 . But on wednesday, meta released its First Quarter Earnings Report and shares initially slumped during after hours trading. Facebook s Parent Company did Beat Expectations on revenue and earnings, but it disappointed on its Revenue Forecast for the Second Quarter of the year. Higher expenses also weighed shares down. So wednesdays Earnings Report marked a back down to earth moment for the formerly red hot tech giant, and it moderates expectations for the months ahead as the company grapples over how to generate profit off of Generative Aland drum up Advertising Revenue in an increasingly crowded market. I spoke to tech analyst ray wang of constellation research, and asked him what he made of metas soft outlook. They outperformed in their results, but the chal