And unilever along with the World Federation of advertisers, colluded to suppress conservative voices and withhold billions of dollars in Advertising Revenue from the platform formerly known as twitter. Xs ceo linda yaccarino, who was hired in part because of her strength in dealing with advertisers in her previous job, announced the lawsuit. I was shocked by the evidence uncovered by The Housejudiciary Committee that a group of companies organised a systematic illegal boycott against x. It is just wrong and that is why we are taking action. Most Social Media companies provide their services to users for free, relying on ad dollars to be profitable. In its filing, the company says that back in 2022, 90 of its revenue came from advertising. Today, most of it is from small and medium sized companies that arent members of this group, adding that this has reduced its revenues and ability to invest in its products, harming users of the site. Professor Rebecca Hall allensworth, who is an Ant
Three are down, four are down this is Chaos Tangle on the track, as Team Gbs George Mills clashes with the Home Favourite in the 5,000 metres in paris. And coming up on Bbc News. The Womens Golf is under way at the Paris 0lympics. It didnt start well for Team Gb s Charley Hull, who double bogeyed the first. Good afternoon. The uks most senior Police Officer has warned that Anyone Planning to riot on the streets later today will be met with the full force of the law. Sir Mark Rowley was speaking as the government announced that nearly 6,000 officers are being mobilised, to tackle any violence that breaks out. Police forces across england say theyre preparing for the busiest day so far in this week of troubles. The bbc understands that, as of this lunchtime, more than 100 protests are planned for later today. So far, more than 400 arrests have been made since the violence started a week ago. Around 100 people have been charged. With the latest this lunchtime, our political correspondent,
Of the unwinding has been done. It depends on the nature of what happens from here on out. There are trades in the market, its been the funding currency. If they are mortgage ule, now we know what the b0] has done and i think the markets can better absorb perhaps any further unwinding. If theres a change to that Yield Differential between the us and japan, that could park panic selling. That could stir markets up. So, still a bit dicey in the markets. Good to see stability return. Still a number of unknowns in terms of the economic fortunes or otherwise of the us moving ahead and what actions the federal reserve may do on the Interest Rate front. So, a number of uncertainty parts, the market has to deal with that. ,. , the market has to deal with that. ,. , that. Do you any the fed will be swayd . That. Do you any the fed will be swayd . Its that. Do you any the fed will be swayd . Its been that. Do you any the fed will be swayd . Its been a that. Do you any the fed will. Be swayd . It
The usas Gabby Thomas got Gold And Silver went Tojulien Alfred from st lucia. Alfred and Brittany Brown edged out Dina Asher Smith for bronze. Now, Sky Brown Won Bronze in the Skateboarding Park final as she did three years ago as a 13 year old at the tokyo games. 14 year old australian Arisa Trew took gold and the japanese silver. For brown make interesting podium is fantastic after dislocating her shoulder over a week ago. She spoke to our Sports Correspondent Natalie perks. This journey since tokyo, since ten, its been a while, doing it with these girls. And they were with me the whole day. We got next time. And, yeah. Its been really cool watching the level of skateboarding grow every day. Especially girls. Really stoked. You know, having my injuries before this and not knowing what i could do here, and then, getting this Bronze Medal yeah, very happy. In the velodrome the dutch defended their Team Sprint Title outclassing gb in the final. Harrie lavreysen, Roy Van Den Berg And Jef
Meeting. I think there was a market overreaction. Markets are pricing in as many as 100 Basis Points of cuts between now and year end. Theres quite a lot of positioning based on an expected dovish Monetary Policy from here to year end. I think they will want to reassure investors that things are going according to plan. The economy is slowing which is, thats the design of the higher Interest Rate to bring inflation down. We could see hopefully a moderating influence by the federal reserve come september. Airbnb reported weaker than expected earnings from April Tojune amid flowing demand in the us. The outlook for the quarter is not much better. They expect to see shorter booking windows. That suggests travellers are waiting to the last minute to book. Shares fell. Ride Sharing Giant Uber reported strong earnings April Tojune. Steady demand coupled with strength in markets like Latin America and here in the Asia Pacific helped drag the solid result. Uber S Stock was up 5 on wall street.