Orface removal from us app stores. Ahead of a house vote on the bill on wednesday, lawmakers received a classified briefing from intelligence officials on the administrations worries about the video app and how it could potentially use data it collects from americans. Democrats said the stakes couldnt be higher. My concerns are they will try to influence the election and elect donald tiktok trump. President ial hopeful donald trump. Among those opposing the ban, president ial hopeful donald trump. Still, republicans backing the bill largely dismissed concerns about trumps backlash weighing the party from getting the legislation done. Trumps comments actually, you can square them with what the bill does, to put differently, to put a finer point on it, the bill doesnt shut down tiktok and force all of tiktok s users onto facebook. What we are after is a separation from tiktok from its Parent Company, bytedance, and by extension, the ccp, and in that world, tiktok users can continue to u
In about 90 minutes time well get the latest health check on the economy and everyone is asking the question will the numbers reveal we are officially out of recession . Well, most experts predict yes, and say we will see a smidgen of Growth Injanuary of 0. 2 . This would confirm the Bank Of Englands suggestion that the downturn is behind us. During the final three months of last year, the data showed the uk slipped into recession and inflation injanuary was at 4 so its still twice the Bank Of Englands target. Lets discuss all of this with azad zangana, Senior European Economist at schroders. Good morning to you. Are you with the majority believing today will give us a Growth Number . Today will give us a Growth Number . ~. ~ ~ number . We are. We think it could be number . We are. We think it could be even number . We are. We think it could be even a number . We are. We think it could be even a little number . We are. We think it could be even a little higherl could be even a little h
Both Beat Expectations on earnings and revenue, thanks in no small part to investments in artificial intelligence. One Stand Out Spot for alphabet was google cloud revenue, whichjumped 28 in 01. A lot of Generative Ai Tools that rely on the cloud to reach customers. Alphabet announced some good news for investors, its first ever dividend of 20 cents per share, and first ever dividend of 20 cents pershare, and an first ever dividend of 20 cents per share, and an additional 70 billion buy back. That initially sent shares into double digits after the bell. And for microsofts part, its Intelligent Cloud Division delivered greater revenue than expected thanks to Microsoft Partnership but with openai, the creator of chatgpt. Shares rose on the news. And together, they should go some way through restoring confidence in the tech sector which was shaken wednesday after metas stock fell after its own Earnings Report and after the market was rattled by slowing us gdp and stubborn inflation. In ot
This positive outlook follows Xiaomi s announcement during its investor day that it has secured lock-in orders exceeding 70,000 units for the SU7 EV, with plans to deliver 10,000 units by June.
Xiaomi s Lei Jun and Lu Weibing celebrated over 70,000 SU7 orders, praising strong electric car sales. The company s strategic plans involve no off-road vehicles, focusing on delivering Max and Pro models.