a semiconductor superpower. our asia business reporter monica miller has more. it is a major setback. prime minister narendra modi has made chip making a top priority for india s economic strategy in pursuit of what they say is a new era of electronics making. it doesn t get much bigger than foxconn, which makes roughly 70% of apple s iphones. india estimates that its semiconductor market could be worth $63 billion by 2026. now, we need to go back a little bit to explain how this partnership happened. that was in september 2020 to the taiwanese firm and the indian mining giant agreed to this deal. and part of it was because foxconn was looking at the situation then, which had strict covid restrictions in china, where a lot of these phones are made. they are also concerned about the geopolitical tensions we ve mentioned many times on this programme between the us and china. so it was looking to partner up, which is with the country which is now the largest in the world. but un
by 11 of the 31 members of the alliance. uk prime minister rishi sunak is expected to urge nato allies to learn the lessons from russia s invasion of ukraine and invest more in defence. joining me now is hugo brennan, research director at the risk intelligence company verisk maplecroft. good morning to you, hugo. so, just talk us through the level of defence spending going on at the moment. because this has been a contentious issue for years within nato, hasn t it? it very much has been, yeah. i mean, the first thing to say is the question of who foots the bill to pay for the alliance? as you say, that s long been a question mark. you ll remember back to 2019, when donald trump made it very much top of the agenda. and again, it s going to be in this latest nato summit. as you said, we re expecting some sort of agreement that will make it a requirement for nato member states to spend at least 2% of their gdp on defence spending, which would build on that 2014 agreement you r
beaten a record set by open air chat app, signing up more than 100 million users in under five days. now, it was just last wednesday that threads went live on apple and android app stores in 100 countries. meta boss mark zuckerberg said he couldn t believe the milestone had been reached so fast, but it feels like lots of people are already on it. well, that s partly because it s connected to instagram. meta, remember isn t creating an app from scratch. it s benefiting from its two billion instagram followers, and that s giving it a massive shot in the arm. analysts are calling this the first serious threat to the elon musk owned twitter. according to similarweb, twitter s web traffic was down 11% from the year prior. that s in the days immediately after threads launch. it s worth remembering threads is not the first attempt to challenge the micro blogging app, but others such as mastodon, blue sky and truth social, well, they all remain still pretty small right now. as histor
right, that s a great way to end this friday, thanks to our panel. thanks to all of you for joining hi, guys, i m kasie hunt. don t go anywhere. cnn news central starts right now secret phone call recordings tends testimony and talk of extortion. the jury hearing donald trump on tape talking about the hush money deal and he s back in court today. millions under flood watches this morning as severe storms, flood highways and tornadoes tear through. mandatory evacuation it s in place. and three tours went on a surfing tip of mexico and then suddenly disappear. now, mx can officials are questioning three people in connection? with their disappearance. i m sarah sayyed and john berman and kate bolduan. this is cnn news central secretly recorded phone calls is sure to be in the spotlight. again today. donald trump returns to court for his hush money trial this morning. the jury yesterday, listen to several phone conversations between donald trump and michael cohen surrepti
Similarweb (NYSE:SMWB – Get Free Report) is scheduled to announce its earnings results after the market closes on Tuesday, May 7th. Similarweb has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link. Similarweb (NYSE:SMWB – Get […]