In this article META Facebook parent Meta reported a steeper-than-expected drop in revenue, missed on earnings and issued a surprisingly weak forecast, pointing to a second consecutive decline in year-over-year sales. The shares dropped 3.8% in extended trading. Here’s how the company did: Earnings: $2.46 per share vs. $2.59 per share expected, according to Refinitiv
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11:19 AM ET Associated Press LOS ALAMITOS, Calif. — An unraced 2-year-old colt trained by Bob Baffert was euthanized after an accident at Los Alamitos, becoming the 10th horse to die at the Southern California track this year. Officials at the track in Orange County said Rapacious had completed his morning workout Tuesday when he
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Satellite startup OneWeb’s past decade has resembled a space opera. Founded by a US entrepreneur and headquartered in London, it has partnered with Google and Elon Musk, supplied Arianespace, attracted investment from Hughes Network Systems and SoftBank Group and fallen into bankruptcy. It was then rescued by the UK government and India’s Bharti Global. The
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Russia’s foreign minister has denied his country is responsible for the worldwide surge in food prices following its invasion of Ukraine as shipping companies continue to avoid the war-torn nation. Speaking during his visit to several African nations, Sergei Lavrov dismissed the “so-called food crisis” and accused the US and Europe of causing prices to
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Researchers have utilised the quantum anti-butterfly effect to successfully develop a method for benchmarking the performance of quantum computers. This has helped them overcome an experimental challenge in physics that had been long puzzling researchers. According to Bin Yan, a quantum theorist at Los Alamos National Laboratory, the method paves way for determining the capability of quantum
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Jul 26, 2022 Associated Press A federal judge said Tuesday a national horse racing authority cannot enforce its rules in Louisiana and West Virginia while a lawsuit challenging the organization is in court. In granting a preliminary injunction, Western District of Louisiana Judge Terry Doughty said the Horseracing Integrity & Safety Authority likely went beyond
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